Details

  • Service: Tax, Tax & Legal Services, Corporate Tax
  • Industry: New Markets, United Kingdom
  • Type: Business and industry issue, KPMG information
  • Date: 02/12/2013

Get ready for the tax consequences of ‘New GAAP’ 

Now is the time to start tackling the tax related challenges which the impending change will inevitably bring! Since March 2013, we have known the full shape of the new financial reporting options to be applied in Ireland and the UK with the publication of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” by the FRC. This followed the publication of FRS 100 and FRS 101 in November 2012.
Time to get ready for the tax consequences of ‘New GAAP’
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FRS 102

We now know the full shape of the new financial reporting framework to be applied in the UK and Ireland with the publication of FRS 102 “The Financial reporting Standard applicable in the UK and Republic of Ireland” by the FRC in March 2013.

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