Tax and Ethics

HMRC rejects calls for delay to iXBRL

February 9, 2011 Tax and Ethics
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It’s confirmed. HMRC will not delay the introduction of iXBRL. In a reply to the professional bodies (PDF download) who lobbied for a delay on this matter, David Gauke, exchequer secretary said: Many software developers have already delivered their products and they and their customers are taking the necessary steps to comply with mandation. While [...]

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There should be no delay for iXBRL

February 8, 2011 Tax and Ethics
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Simon Hurst thinks the iXBRL debate is centring on the wrong things: The only legitimate reason to appeal for a delay would seem to be that a delay would result in less overall cost and harm to the economy than proceeding with the appointed schedule. Whether it’s fair that those software houses who have failed [...]

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iXBRL to be delayed?

February 3, 2011 Tax and Ethics
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I’ve been scratching my head the last few days. According to AccountingWeb: The Chartered Institute of Taxation (CIOT) and the other five main professional tax and accountancy bodies have called on the government to delay its plans for compulsory iXBRL online filing. All six have jointly written to the Exchequer Secretary to ask the government to [...]

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Sometimes

January 29, 2011 Tax and Ethics

[blackbirdpie url="http://twitter.com/monkchips/status/31343332160446465"] Sometimes a person just nails it.

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More bad news for Sage – no iXBRL for HMRC deadline

January 20, 2011 Tax and Ethics
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In my last article I was wondering whether Sage’s share price slump was about a tepid response to its SageOne solution. It now transpires that Sage will only have a basic XBRL template available for HMRC’s mandated 1st April. This is a big deal. In AccountancyAge: Sage has delayed the release of its updated iXBRL [...]

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Is UK Uncut wrong?

January 3, 2011 Tax and Ethics
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Just before the Christmas break Mark Lee posted a piece entitled: 8 fallacies that undermine the UK Uncut tax protests.  I thought it was deeply flawed on facts and context. On January 2nd, Richard Murphy posted a robust response entitled: Has UK Uncut got the arguments wrong. I’m mostly with Richard on this but regardless [...]

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Stuart Jones gets banned in tax protest

December 19, 2010 Tax and Ethics
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Stuart Jones, senior partner 3CA, chartered accountants based in Kendal is a long time reader of AccMan. He’s a really nice person who works hard to do the best he can for his clients. He gets rightfully annoyed at the antics of bureaucracies that harm, impede or otherwise behave badly towards the small business. He’s [...]

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The curious amici curiae brief on behalf of PwC

September 11, 2010 Tax and Ethics
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I’m not a lawyer though I’ve done my share of arguing in front of HM Revenue and Customs General Commissioners and briefing counsel on litigious matters. It can be tough yet rewarding work. Over the weekend Francine McKenna sent me the amicus brief submitted on behalf of AICPA and NYSSCPA in the case of Teachers’ [...]

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Change our mode of thinking

July 26, 2010 Tax and Ethics

It seems there’s a theme running here at the moment. Change. Whatever that might mean. The above video which features prof David Harvey, a radical sociologist, is something I came across as a result of sifting through some of Richard Murphy’s recent posts. As he says – this is taking a Marxian approach – anathema [...]

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