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Italy - changes in the use of VAT warehouse as from 1 of April 2017

With effective date April 1st, 2017, significant changes will be introduced in relation to the use of the VAT warehouse and the way to account for VAT following the withdrawal of the goods. 826 more words

Tax Knowledge

Fed Pays Banks $12 Billion on “Excess Reserves,” Taken from Taxpayer Pockets

From Wolf Street, by Wolf Richter

Circuitous hidden wonders of paying interest on “excess reserves.”

The Federal Reserve just went through its annual ritual of disclosing its preliminary results for the year: The income it earned less its operating expenses, according to central bank accounting, and how much of these earnings it is remitting, as it does every year, to the US Treasury Department. 543 more words




Got your attention, so here’s ya quickie—

“According to the Washington Post and FactCheck.org, this month’s inauguration is likely to cost somewhere between $175 and $200 million. 81 more words


NAO Queries HMRC Estate Plan

The National Audit Office (NAO) in a report has queried HMRC’s handling of it changing its estate from 170 local offices to just 13 regional centres (plus four specialist sites and a London HQ). 61 more words

Tax And Accounting News

Seahawks' 26-6 win eliminates Lions from Cowboys' possible opponents

The Dallas Cowboys are going to have to wait one more day to find out who their opponent will be for the divisional round. If the Detroit Lions had gone into Seattle and upset the Seahawks, Detroit would have been the match-up. 362 more words

Dallas Cowboys

Madden Simulator: Can Lions survive in the Pacific Northwest vs Seahawks?

The Madden simulations have proven to be a solid indication of who will win in the match-up as it has gone an incredible 14-1 in predictions of Cowboys games. 381 more words

Dallas Cowboys

HMRC and New Years Honours

A number of HMRC’s top civil servants gained in the New Years honours list. The same as senior government staff from most departments.
But Tim Farron, leader of the Lib Dem party has criticised the gongs for HMRC as a reward for failure, in a year when the average taxpayer “ 53 more words

Tax And Accounting News