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2014 press releases

Press releases issued by ICAEW in 2014.

Top 10 tax planning tips to boost your finances

With the deadline for online self-assessment tax returns coming up and with many feeling the seasonal strain on their finances after Christmas, Anita Monteith, ICAEW Tax Faculty Technical Manager, offers up 10 tax planning tips that could reduce your tax burden and leave you feeling better off in the New Year.

And the partridge could be tax free

In the spirit of the season, Anita Monteith, ICAEW Tax Faculty Technical Manager, puts a new spin on the gifts in the traditional song ‘The Twelve Days of Christmas’.

Trust in government to manage public finances low in run up to General Election

Trust in the governments of 10 European countries to manage public finances is low, according to research by ICAEW and PwC. In the UK, only a quarter believe in the government’s ability to oversee public money, with women expressing more distrust than men. In the run up to the General Election next year, the running of public finances is expected to dominate the agenda.

Taxless recovery will hamper deficit reduction says ICAEW

ICAEW has today (Friday) downgraded its latest growth forecast from 3.2% to 3.1% for 2014, and from 2.6% to 2.5% in 2015. The chances of an export-led recovery are slim due to ongoing malaise in the eurozone and a slowdown in the economies of China and Japan. However inflation is expected to remain below the 2% target, helping to fuel domestic demand, which continues to be the main driver of the recovery.

Women leap to top of the class in chartered accountancy exams

Over three quarters (77%) of those who topped the class in ICAEW’s chartered accountancy exams were women. In the latest Advanced Level exam results, Christmas came early as ICAEW celebrated a surge of females scoring the highest exam result, as well as overall high pass rates among all candidates.

ICAEW calls for legislation to allow OBR assessment of party plans

Michael Izza, ICAEW’s Chief Executive, has today written to the Chancellor calling for urgent legislation to be introduced that will allow the Office for Budget Responsibility to provide an independent assessment of the UK’s political parties’ plans to tackle the deficit in the run up to the next General Election.

European governments need to regain citizens trust in public finances

Only one in five Europeans have trust in their government’s ability to manage public finances, according to a new ICAEW-PwC report. Trust in public finances: A survey of citizens in 10 European countries shows that the majority of those surveyed struggle to assess and understand the state of the public finances, believing their government doesn’t provide sufficient information.

European governments need to regain citizens’ trust in public finances

Only one in five Europeans have trust in their government’s ability to manage public finances, according to a new ICAEW-PwC report. Trust in public finances: A survey of citizens in 10 European countries shows that the majority of those surveyed struggle to assess and understand the state of the public finances, believing their government doesn’t provide sufficient information.

Diverted Profits Tax legislation sends a clear signal to UK companies

Responding to the draft legislation for Diverted Profits Tax published this morning, Ian Young, ICAEW International Tax Manager, said: ‘The Chancellor is sending a further signal of his intention to lead the global fight against unacceptable tax avoidance practices by multinational companies.

New book dispels misconceptions about Private Equity

The ICAEW has published a new edition of its influential book Private Equity Demystified. Comprehensively updated, the book draws on more than 200 sources to form an independent, objective guide to private equity, and is used by policy-makers, regulators, advisers, companies and academics around the world.

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