EY have issued an update on IFRS 4 phase ii and tax. Most of the content will be familiar to those who heard the EY presentation on this topic at Oracle but the analysis of how the UK, France and Germany tax life insurance profits is interesting. (Notably its only the UK that has an any GAAP is OK for tax policy) Also if you like pictures of people staring moodily into the distance whilst wearing outdoor clothing this is the publication for you.
The update is here
Whilst on things solvency 2 ish there is now a proposal from the EU commission that this will come in to effect from 1 January 2016.
And for something completely different the 2013HMRC calculation of the tax gap is below. It's been around for ages I just stumbled across it on a wet Friday afternoon. Top fact
"The proportion of SMEs submitting an incorrect return leading to a loss of tax declined from 42 per cent in 2005-06 to 26 per cent by 2009-10, before rising to a provisional estimate of 36 per cent in 2010-11."
The full report is here
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