Essentials - February 2006

This edition of our Essentials newsletter covers the latest accounting, tax and legal matters, plus a calendar for finance directors that features key upcoming dates and deadlines.

Accounting

• Amending IFRS 2 ‘Share-based payment’
  
• EU endorsement of standards
  

Direct Tax

• Reductions for pensions, CN payments and PPF levies
  
• Plant and machinery draft legislation defect fixed
  

Indirect Tax

• ECJ Halifax decision
  
• ECJ findings the supply and abuse issues
  

Legal

• New conditional fee agreement regime
  
• Importance of correct collective consultation