HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MOREMakers of Guinness fined $5m over US disclosure failures
Diageo, the UK-based alcohol producer whose brands include Guinness, Baileys, Smirnoff and Johnny Walker, has been fined $5m (£3.88m) by the Securities and Exchange Commission (SEC).
The US regulator said employees at Diageo North America (DNA), Diageo's largest and most profitable subsidiary, pressured distributors to buy products in excess of demand in order to meet internal sales targets in the face of declining market conditions.
Read more at Accountancy Daily.
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UK cash economy close to collapse, campaigners tell chancellor
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