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Business | Grant Thornton sets out shared enterprise in Vision 2020 strategy

Grant Thornton UK LLP has set out a five-year strategic plan to build the business, grow the client base and expand opportunities for staff under the shared enterprise model, reports Sara White

5 Feb 2016

Business

Accountancy Firms

Leadership & Management

Careers

Image for dividend taxation changes does it make tax sense incorporate

Tax | Dividend taxation changes: does it make tax sense to incorporate?

The changes to dividend taxation mean that incorporation may no longer be the best option for some sole traders and business owner managers. Stephen Relf CTA, tax writer at CCH considers the pros and cons

5 Feb 2016

Business | EY ousts KPMG from number three spot in Top 75 Firms survey

For the first time, EY has pushed Big Four rival KPMG out of the number three slot in the annual Accountancy Top 75 accounting firms survey, hitting annual fee income of £2.01bn while the top 75 firms in the UK generated a record £12.8bn in revenues

8 Feb 2016

Business

Accountancy Firms

Top 75 Surveys

Image for one three accountants looking new job pay rises disappoint

Business | One in three accountants looking for a new job as pay rises disappoint

More than a third of accountants are actively looking for a new job and many are considering moving abroad to achieve a better work life balance and higher pay, and this is likely to rise in the next 12 months, according to research from global jobs board CareersinAudit.com

8 Feb 2016

Business

Companies

Accountancy Firms

Leadership & Management

Careers

Image for ponzi fraud accountants back behind bars

Business | ‘Ponzi’ fraud accountants back behind bars

Two former accountants who were partners in a firm which used the names of celebrities to entice investors into a $200m (£102m) Ponzi scheme have found themselves back behind bars after the pair failed to pay their confiscation orders

5 Feb 2016

Business

Called to Account

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Business | Finance Mole: what’s up with my desk - standing room only

A delivery of some high-tech, adjustable standing desks leaves Finance Mole in a state of confusion as the finance team lose their conventional office surroundings in a drastic office makeover, while HMRC's Lin Homer is rewarded and resigns, and Crickhowell tries to emulate MNC tax policy with the Fair Tax Town push

5 Feb 2016

Business | Called to account: February 2016

Charity fraudsters jailed for £500K Gift Aid fraud, five-year jail sentence for accountant to the stars and HMRC books jail for car hire VAT fraud pair

5 Feb 2016

Business

Called to Account

Image for hmrc denies self assessment hack attack

Tax | HMRC denies self assessment hack attack

HMRC has refuted claims that it has been the target of deliberate hacking attacks organised by criminals during the run-up to the self assessment filing deadline, but says phishing attempts have been used to divert refunds due to taxpayers

8 Feb 2016

Tax

Personal Tax

Tax Compliance

Image for cpd module scottish rate income tax srit what you need know

Tax | CPD module on Scottish Rate of Income Tax (SRIT) – what you need to know

The latest CPD module focuses on the Scottish Rate of Income Tax (SRIT) due to come into force for all resident Scottish taxpayers from April 2016

5 Feb 2016

| NAO criticises UK record on anti competitive behaviour

The introduction of the Competition and Markets Authority (CMA) has significantly improved the UK’s competition regime, but business awareness of competition law remains low and there is a long way to go before the UK matches the performance other European countries in penalising anti-competitive behaviour according to a report from the National Audit Office (NAO)

5 Feb 2016

Corporate Governance

4 Feb 2016

Image for charities sorp revised reflect withdrawal frsse

Finance | Charities SORP revised to reflect withdrawal of FRSSE

The final version of the Charities SORP (FRS 102) has now been published to reflect changes required following the implementation of FRS 102 in the UK and create a single charity accounting framework to cover all sizes of charity

4 Feb 2016

Business | Apprenticeship Levy under fire from devolved ministers

HMRC is facing calls from devolved ministers in Scotland, Wales and Northern Ireland to provide greater clarity around the introduction of the Apprenticeship Levy, due to be brought in from April 2017, following concerns about compliance costs and the potential to undermine existing devolved apprenticeship schemes and confuse cross border employers

4 Feb 2016

Business | Tax claims management firm Rebus collapses

Administrators from Resolve have been called in to claims management group Rebus, which specialised in handling disputed tax avoidance schemes, and which has collapsed following a crowdfunding exercise, leaving dozens of investors out of pocket

4 Feb 2016

Business

Companies

Restructuring & Insolvency

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Tax | Welsh Assembly urged to innovate on tax

The Welsh Assembly has been urged to develop ‘innovative’ tax policies in a major speech on devolution by Wales Office Minister Alun Cairns

4 Feb 2016

Business | Baker Tilly International revenues hit $3.8bn with 7% fee rise

Baker Tilly International has reported global combined revenues at the international accounting network rose 7% for the 12 months ending June 2015 to $3.8bn (£2.6bn), the result of a large number of mergers and acquisitions

4 Feb 2016

Business

Accountancy Firms

Leadership & Management

Image for choosing right frs accounting deferred tax part 4

Finance | Choosing the right FRS: accounting for deferred tax - part 4

In part four of our series on UK GAAP transition, Helen Lloyd FCA considers deferred tax pitfalls and the best accounting framework for UK companies from FRS 105 to full-blown FRS 102 or in some instances, IFRS

4 Feb 2016