In April the government launched an independent review of the Financial Reporting Council (FRC), the regulator for auditors, accountants and actuaries.
AIA’s response to the Independent Review of the Financial Reporting Council Call for Evidence, which can be read here, highlighted the following:
The government has today called on industry to submit their thoughts on the future of the UK oil and gas tax regime.
The Irish Revenue has updated their guidance on the tax treatment of lump sum payments on a redundancy or a retirement. Such lump sum payments may be exempt from tax or may qualify for some relief from tax.
The Irish Revenue has published updated guidance on the VAT Transfer of Business Relief. The guidance covers the VAT relief on the transfer of goods, goodwill or other intangible assets between accountable persons.
The Exchange Fund’s foreign assets increased by HK$10.5 billion in June to HK$2.6706 trillion, the Hong Kong Monetary Authority announced today.
The Indian Government today announced a target to develop the skills of 50 crore people by 2022 under the National Policy on Skill Development (NPSD).