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Practitioner’s Diary: Where do we get reliable tax advice?

Our West Country general practitioner suggests some sources of tax advice for small practitioners - and somewhere to avoid.

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CEO’s Diary: Extreme tedium

Due diligence is boring

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Discovery and onwards. By Simon Sweetman

As the twin concepts of ‘discovery’ and ‘self assessment’ spiral into free fall Simon Sweetman makes a leap for the cockpit…

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Tax complexity: 2008 Finance Act’s a record breaker

This year’s Finance Act is a record breaker according to the ICAEW’s tax faculty. The act contains a mind boggling 46 new schedules described in 451 pages. More schedules in fact than any Finance Act over the last 30 years.

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Arrests Over ‘Insider Trading’

SkyNews - Eight people have been arrested as part of a major probe by the City’s financial watchdog into alleged insider trading.

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Asia: Matsushita spearheads Japan’s gains

ShareCast - The Nikkei rallied Wednesday as financial shares recovered and as investors cheered good results from Matsushita Electric Industrial.

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Market overview: FTSE 100 up 62

ShareCast - 0915: Footsie has lost some of its early gains, but remains well in the blue. Admiral leads the way after the car insurance group posted record profits for the half year, helping it to increase dividends by 26%. Lloyds TSB is the heaviest faller after the bank saw profits for the first half slump as it took a £585m hit from the market dislocation. FTSE 100 up 62 at 5,381.

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Provident Financial profit rises 34%

ShareCast - Shares in sub-prime lender Provident Financial powered ahead after it posted a 34% rise in first-half profit and saw a 7% increase in customers at its main consumer credit division.

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