Tax

Why we look like we’re doomed to fail

Larry Elliott, writing in the Guardian this morning, summarises exactly why human life on our planet faces an existential threat: In their different ways, the cases of Flybe and HS2 tell us much about modern Britain. When it comes to making decisions, the short term triumphs over the long term every time, especially when a […]

Tax

Distraction

I struggled to see themes in this morning’s news that were initially worthy of comment. Then I realised that is almost certainly deliberate. The UK is set in course to leave the EU in two weeks time. No one has ever successfully explained why we are so desperate to depart the single market and customs […]

Tax

The GRI country-by-country reporting standard is launched today and other accounting standards setters should be taking note

As the FT reported a couple of days ago when discussing  corporation tax and corporate accountability: Now the Global Reporting Initiative, a not-for-profit setter of sustainability standards, is seeking to enhance transparency in this area. In a new standard it is calling for improved disclosure of corporate tax strategy, explanation of the reasons why the […]

Tax

Flybe: questions needing answers

The government has announced its response to Flybe. The only key point is this: As part this work and ahead of the March Budget, the Treasury will also be reviewing Air Passenger Duty to ensure regional connectivity is strengthened while meeting the UK’s climate change commitments to meet net zero by 2050. These measures featured […]

Tax

University of Sheffield

I have to report another appointment. This time I have been appointed a visiting academic at the University of Sheffield where I am working with both Prof Andrew Baker on tax spillover related issues and Prof Adam Leaver on accounting matters. The appointment is unpaid, but the Corporate Accountability Network has an agreement with Sheffield […]

Tax

The chaps are back in town

The FT carries this today: As an indication of the times it is pretty telling. The Tories are not interested in audit reform: why upset their chums? And who cares anyway if the odd company goes to the wall because monopoly suppliers don’t do their job properly? Whilst let’s make progress over private dinners. I could […]

Tax

The loan charge discussion on Radio 2

I was on the Jeremy Vine show, discussing the Loan Charge last week. I have already blogged about this a couple of times, but the broadcast has now been turned into a YouTube by the Loan Charge Action Group, which I now share. That is a very old picture of Jeremy Vine. I am next […]

Tax

What’s that all about?

Yesterday a friend asked me where I get my inspiration from. Several times in the last week the question has been raised as to why I seem to wake up each morning with the urgent need to write something down. The implication in every case is that this might not be normal. Evidence supports that […]

Tax

There are climate change extremists, but they’re most likely defending the status quo

As the Guardian noted yesterday afternoon: Counter-terrorism police placed the non-violent group Extinction Rebellion (XR) on a list of extremist ideologies that should be reported to the authorities running the Prevent programme, which aims to catch those at risk of committing atrocities, the Guardian has learned. The climate emergency campaign group was included in a […]

Tax

Did we make any money?

I am told that accounting issues are not considered the most exciting blogging topics. They are, however, the focus of much of my thinking at present, which is why they will be addressed here. Accountancy does, in my opinion, have the power to change understanding. That, for me, is its importance. I addressed this point […]