FUND managers could claim VAT refunds worth millions of pounds after a landmark European Court of Justice ruling.
The court ruled that administrative services qualified as “management” and, as such, should be exempt from VAT. The case was brought by Abbey. Investment Management Association tax adviser Hazel Hallam...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.