PwC

The recent publication of the General Anti-Abuse Rule (GAAR) has bolstered measures to limit "extreme" tax avoidance and will focus governance on tax, experts have said.

European politicians have voted to reform the bonus structure of fund managers, a move which puts the UK at a "competitive disadvantage" and could damage shareholder value, according to PwC.

The four largest accountancy firms in the UK have been criticised for being too dominant by the Competition Commission.

RSM Tenon has said it will not re-appoint PricewaterhouseCoopers (PwC) as auditor of the company following a vote at the company's annual general meeting(AGM)today.

A rule change in complex new US tax legislation could see IFAs faced with a bill of up to £100 per client, according to PwC.

CONDENSED

The Court of Appeal has unanimously rejected an appeal by a taxpayer against HMRC regarding a tax avoidance scheme recommended by PricewaterhouseCoopers in the early noughties.

PwC is facing an investigation by an accountancy watchdog into its auditing of professional services firm RSM Tenon.

The Financial Services Authority (FSA) is to consult on reducing its projection rates after independent research supported the move.

The investment management sector's low reported levels of compliance spending are "hard to believe", according to a quarterly survey from the CBI and PwC.