<br />
RED TAPE SPECIAL ISSUE<br />
MAY 2013 | ICAEW.COM/ECONOMIA ISSUE 16 | INTELLIGENCE AND INSIGHT<br />
*<br />
JOHN REDWOOD<br />
EUROPEAN TROUBLES<br />
MUKHTAR HASAN<br />
LIFE IN OMAN<br />
CHEMUTAI MURGOR<br />
KENYA'S CHALLENGE<br />
CATHY NEWMAN<br />
BUDGET FACTS<br />
JOHN FAIRHURST<br />
CHARITY FINANCE<br />
Unrepentant<br />
Margaret Hodge, chairman of the<br />
Public Accounts Committee, stands<br />
her ground on tax justice<br />
PLUS:<br />
RED TAPE<br />
CHAMPIONS<br />
BANKING RULES<br />
ACCOUNTING<br />
STANDARDS<br />
WHAT TO SCRAP<br />
THE BRITISH & IRISH LIONS<br />
OFFICIAL TECHNOLOGY PROVIDER<br />
UNLOCK THE POTENTIAL IN YOUR PEOPLE<br />
For 800 years, the City of London Corporation has helped delive<a title="economia_May page 1" href="http://viewer.zmags.com/publication/338991e8?page=1"> RED TAPE SPECIAL ISSUE MAY 2013 |</a>
<a title="economia_May page 2" href="http://viewer.zmags.com/publication/338991e8?page=2"> THE BRITISH & IRISH LIONS OFFICIAL TECHNOLOGY PRO</a>
<a title="economia_May page 3" href="http://viewer.zmags.com/publication/338991e8?page=3"> The UK boasts the world's longest tax code. Witho</a>
<a title="economia_May page 4" href="http://viewer.zmags.com/publication/338991e8?page=4"> </a>
<a title="economia_May page 5" href="http://viewer.zmags.com/publication/338991e8?page=5"> </a>
<a title="economia_May page 6" href="http://viewer.zmags.com/publication/338991e8?page=6"> </a>
<a title="economia_May page 7" href="http://viewer.zmags.com/publication/338991e8?page=7"> </a>
<a title="economia_May page 8" href="http://viewer.zmags.com/publication/338991e8?page=8"> </a>
<a title="economia_May page 9" href="http://viewer.zmags.com/publication/338991e8?page=9"> 40 Contents May 2013 COVER STORIES 40 MARGARET</a>
<a title="economia_May page 10" href="http://viewer.zmags.com/publication/338991e8?page=10"> </a>
<a title="economia_May page 11" href="http://viewer.zmags.com/publication/338991e8?page=11"> “It wouldn't have helped </a>
<a title="economia_May page 12" href="http://viewer.zmags.com/publication/338991e8?page=12"> big thrills. small bills. FROM £209 A MONTH*. </a>
<a title="economia_May page 13" href="http://viewer.zmags.com/publication/338991e8?page=13"> MINI Business Partnership YOUR COMPANY BENEFITS. </a>
<a title="economia_May page 14" href="http://viewer.zmags.com/publication/338991e8?page=14"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA (Cha</a>
<a title="economia_May page 15" href="http://viewer.zmags.com/publication/338991e8?page=15"> Nerds. That's us. Excited by every little pie</a>
<a title="economia_May page 16" href="http://viewer.zmags.com/publication/338991e8?page=16"> In review THE INTERNATIONAL PICTURE </a>
<a title="economia_May page 17" href="http://viewer.zmags.com/publication/338991e8?page=17"> THE AUDIT 463,000 93,000 </a>
<a title="economia_May page 18" href="http://viewer.zmags.com/publication/338991e8?page=18"> THE AUDIT UK HIRING PLANS </a>
<a title="economia_May page 19" href="http://viewer.zmags.com/publication/338991e8?page=19"> Who helps RSM Tenon to sharpen their finance skill</a>
<a title="economia_May page 20" href="http://viewer.zmags.com/publication/338991e8?page=20"> THE AUDIT As I see it Mukhtar Hasan qualified as</a>
<a title="economia_May page 21" href="http://viewer.zmags.com/publication/338991e8?page=21"> </a>
<a title="economia_May page 22" href="http://viewer.zmags.com/publication/338991e8?page=22"> From the top T here's an idea be</a>
<a title="economia_May page 23" href="http://viewer.zmags.com/publication/338991e8?page=23"> THE AUDIT BUSINESS ADVICE MONTH Following the su</a>
<a title="economia_May page 24" href="http://viewer.zmags.com/publication/338991e8?page=24"> Behind the mask: Standard Chartered Bank has a ri</a>
<a title="economia_May page 25" href="http://viewer.zmags.com/publication/338991e8?page=25"> THE AUDIT G rowing up in Kenya</a>
<a title="economia_May page 26" href="http://viewer.zmags.com/publication/338991e8?page=26"> The economia business clinic In the first of a n</a>
<a title="economia_May page 27" href="http://viewer.zmags.com/publication/338991e8?page=27"> THE AUDIT </a>
<a title="economia_May page 28" href="http://viewer.zmags.com/publication/338991e8?page=28"> Michael Izza Aiming for international tax accord </a>
<a title="economia_May page 29" href="http://viewer.zmags.com/publication/338991e8?page=29"> OPINION positive culture, not to m</a>
<a title="economia_May page 30" href="http://viewer.zmags.com/publication/338991e8?page=30"> OPINION Jason Cowley Conservatives still struggl</a>
<a title="economia_May page 31" href="http://viewer.zmags.com/publication/338991e8?page=31"> I HAVE TWO EMPLOYEES, AND 100 CUSTOMS AGENTS</a>
<a title="economia_May page 32" href="http://viewer.zmags.com/publication/338991e8?page=32"> OPINION Cathy Newman Budgets for political ends </a>
<a title="economia_May page 33" href="http://viewer.zmags.com/publication/338991e8?page=33"> </a>
<a title="economia_May page 34" href="http://viewer.zmags.com/publication/338991e8?page=34"> INTERNATIONAL INVESTMENT </a>
<a title="economia_May page 35" href="http://viewer.zmags.com/publication/338991e8?page=35"> than the UK and, for the first time, saw more Jap</a>
<a title="economia_May page 36" href="http://viewer.zmags.com/publication/338991e8?page=36"> INTERNATIONAL INVESTMENT “There</a>
<a title="economia_May page 37" href="http://viewer.zmags.com/publication/338991e8?page=37"> </a>
<a title="economia_May page 38" href="http://viewer.zmags.com/publication/338991e8?page=38"> Mauritius AT A GLANCE A strong economy and stable</a>
<a title="economia_May page 39" href="http://viewer.zmags.com/publication/338991e8?page=39"> INTERNATIONAL MAURITIUS PHOTOGRAPHY: JENNY RAINB</a>
<a title="economia_May page 40" href="http://viewer.zmags.com/publication/338991e8?page=40"> COVER STORY MARGARET HODGE “If tax wa</a>
<a title="economia_May page 41" href="http://viewer.zmags.com/publication/338991e8?page=41"> COVER STORY MARGARET HODGE </a>
<a title="economia_May page 42" href="http://viewer.zmags.com/publication/338991e8?page=42"> “The reason tax has become a big issue is because</a>
<a title="economia_May page 43" href="http://viewer.zmags.com/publication/338991e8?page=43"> COVER STORY MARGARET HODGE and hospitals. She </a>
<a title="economia_May page 44" href="http://viewer.zmags.com/publication/338991e8?page=44"> LORD JAMES OF BLACKHEATH JOHN REDWOOD S</a>
<a title="economia_May page 45" href="http://viewer.zmags.com/publication/338991e8?page=45"> RED TAPE SPECIAL THE INSIDERS </a>
<a title="economia_May page 46" href="http://viewer.zmags.com/publication/338991e8?page=46"> productive. Instead, the way to deal with a consu</a>
<a title="economia_May page 47" href="http://viewer.zmags.com/publication/338991e8?page=47"> “Much domestic legislation could be done away wit</a>
<a title="economia_May page 48" href="http://viewer.zmags.com/publication/338991e8?page=48"> politically driven as well. Tax reform is an area</a>
<a title="economia_May page 49" href="http://viewer.zmags.com/publication/338991e8?page=49"> RED TAPE SPECIAL THE INSIDERS S </a>
<a title="economia_May page 50" href="http://viewer.zmags.com/publication/338991e8?page=50"> RED TAPE SPECIAL THE INSIDERS “The fau</a>
<a title="economia_May page 51" href="http://viewer.zmags.com/publication/338991e8?page=51"> ADVERTISEMENT FEATURE COULD A POOR WEBSITE BE HUR</a>
<a title="economia_May page 52" href="http://viewer.zmags.com/publication/338991e8?page=52"> INIT ICAEW members tell us which government legi</a>
<a title="economia_May page 53" href="http://viewer.zmags.com/publication/338991e8?page=53"> RED TAPE SPECIAL MEMBER COMMENTS One piece of</a>
<a title="economia_May page 54" href="http://viewer.zmags.com/publication/338991e8?page=54"> On behalf of all SMEs, the government must speed </a>
<a title="economia_May page 55" href="http://viewer.zmags.com/publication/338991e8?page=55"> There are so many rules and regulations that no o</a>
<a title="economia_May page 56" href="http://viewer.zmags.com/publication/338991e8?page=56"> O OKE The lack of consistency or accountability i</a>
<a title="economia_May page 57" href="http://viewer.zmags.com/publication/338991e8?page=57"> RED TAPE SPECIAL BANKING RULES W </a>
<a title="economia_May page 58" href="http://viewer.zmags.com/publication/338991e8?page=58"> approach to tackling issues and enforcement,” he </a>
<a title="economia_May page 59" href="http://viewer.zmags.com/publication/338991e8?page=59"> ring-fence, because there is nothing in the propo</a>
<a title="economia_May page 60" href="http://viewer.zmags.com/publication/338991e8?page=60"> A SIMPLE PLAN 11 JOHN WHITING, tax</a>
<a title="economia_May page 61" href="http://viewer.zmags.com/publication/338991e8?page=61"> deliver a simplification dividend, made sure th</a>
<a title="economia_May page 62" href="http://viewer.zmags.com/publication/338991e8?page=62"> The IASB is grappling with the challenge of produ</a>
<a title="economia_May page 63" href="http://viewer.zmags.com/publication/338991e8?page=63"> PHOTOGRAPHY: ANTHONY SUAU A </a>
<a title="economia_May page 64" href="http://viewer.zmags.com/publication/338991e8?page=64"> “I think standard-setters are struggling to stick</a>
<a title="economia_May page 65" href="http://viewer.zmags.com/publication/338991e8?page=65"> For now the IASB has begun a new project – it</a>
<a title="economia_May page 66" href="http://viewer.zmags.com/publication/338991e8?page=66"> </a>
<a title="economia_May page 67" href="http://viewer.zmags.com/publication/338991e8?page=67"> SUPPORTED BY RIDING HIGH Since settling in the </a>
<a title="economia_May page 68" href="http://viewer.zmags.com/publication/338991e8?page=68"> in state of the art assembly and testing faciliti</a>
<a title="economia_May page 69" href="http://viewer.zmags.com/publication/338991e8?page=69"> COMPANY PROFILE ALLAM MARINE “It doesn't matt</a>
<a title="economia_May page 70" href="http://viewer.zmags.com/publication/338991e8?page=70"> “You make money from the community. Businessmen h</a>
<a title="economia_May page 71" href="http://viewer.zmags.com/publication/338991e8?page=71"> the need for help with raising working capital. T</a>
<a title="economia_May page 72" href="http://viewer.zmags.com/publication/338991e8?page=72"> THIRD SECTOR WAY Inspired to do something more wi</a>
<a title="economia_May page 73" href="http://viewer.zmags.com/publication/338991e8?page=73"> “People have the wrong perception of a charity; i</a>
<a title="economia_May page 74" href="http://viewer.zmags.com/publication/338991e8?page=74"> dŚĞŝŶƚĞůůŝŐĞŶƚƚŽŽůƚŚĂƚƌĞĚƵĐĞƐƚŚĞƟŵĞ͕ĐŽƐƚ ĂŶĚƌŝƐŬŝ</a>
<a title="economia_May page 75" href="http://viewer.zmags.com/publication/338991e8?page=75"> Briefing Regulation and devolution As ICAEW urg</a>
<a title="economia_May page 76" href="http://viewer.zmags.com/publication/338991e8?page=76"> RTI reports, audit tendering and new regulatory r</a>
<a title="economia_May page 77" href="http://viewer.zmags.com/publication/338991e8?page=77"> BRIEFING UPDATES and the value of</a>
<a title="economia_May page 78" href="http://viewer.zmags.com/publication/338991e8?page=78"> Shelley Stock Hutter: The listening business By </a>
<a title="economia_May page 79" href="http://viewer.zmags.com/publication/338991e8?page=79"> BRIEFING PRACTICE PROFILE ILLUSTRATION: ARON VEL</a>
<a title="economia_May page 80" href="http://viewer.zmags.com/publication/338991e8?page=80"> The bigger picture The open nature of integrated</a>
<a title="economia_May page 81" href="http://viewer.zmags.com/publication/338991e8?page=81"> BRIEFING INT EGRATED REPORTING ILLUSTRATION: ARO</a>
<a title="economia_May page 82" href="http://viewer.zmags.com/publication/338991e8?page=82"> Breaking down bankruptcy borders Changes to EU i</a>
<a title="economia_May page 83" href="http://viewer.zmags.com/publication/338991e8?page=83"> BRIEFING INSO LVENCY </a>
<a title="economia_May page 84" href="http://viewer.zmags.com/publication/338991e8?page=84"> Leading firm fined over breach of independence J</a>
<a title="economia_May page 85" href="http://viewer.zmags.com/publication/338991e8?page=85"> BRIEFING DISCIPLINARIES Report listings Ord</a>
<a title="economia_May page 86" href="http://viewer.zmags.com/publication/338991e8?page=86"> Life The music issue Roll out the bar</a>
<a title="economia_May page 87" href="http://viewer.zmags.com/publication/338991e8?page=87"> LIFE THE MUSIC ISSUE PHOTOGRAPHY: TIMMITCHELL.CO</a>
<a title="economia_May page 88" href="http://viewer.zmags.com/publication/338991e8?page=88"> The Oxford Diploma in Financial Strategy · Buil</a>
<a title="economia_May page 89" href="http://viewer.zmags.com/publication/338991e8?page=89"> LIFE THE MUSIC ISSUE REX FEATURES I </a>
<a title="economia_May page 90" href="http://viewer.zmags.com/publication/338991e8?page=90"> The Mahogany Bar at WIlton's Music Hall was once </a>
<a title="economia_May page 91" href="http://viewer.zmags.com/publication/338991e8?page=91"> and economic conditions in the East End deteriora</a>
<a title="economia_May page 92" href="http://viewer.zmags.com/publication/338991e8?page=92"> Restaurants Neil Davey and Richard Cree set th</a>
<a title="economia_May page 93" href="http://viewer.zmags.com/publication/338991e8?page=93"> LIFE THE MUSIC ISSUE Rehabilitating the soul B</a>
<a title="economia_May page 94" href="http://viewer.zmags.com/publication/338991e8?page=94"> LIFE THE MUSIC ISSUE Feel the beat Person</a>
<a title="economia_May page 95" href="http://viewer.zmags.com/publication/338991e8?page=95"> RECRUITMENT Experts Recruiting Experts in Financ</a>
<a title="economia_May page 96" href="http://viewer.zmags.com/publication/338991e8?page=96"> To advertise within the Business Directory please</a>
<a title="economia_May page 97" href="http://viewer.zmags.com/publication/338991e8?page=97"> BUSINESS DIRECTORY &+. ** ċ !**5Į,.+#.!//%2! </a>
<a title="economia_May page 98" href="http://viewer.zmags.com/publication/338991e8?page=98"> LIFE AFTER WORK </a>
<a title="economia_May page 99" href="http://viewer.zmags.com/publication/338991e8?page=99"> 0 Paul Dunn - Co-founder and chairma</a>
<a title="economia_May page 100" href="http://viewer.zmags.com/publication/338991e8?page=100"> EXPERIENCE THE COMPANY CAR EQUIVALENT OF THE CORN</a>