The summer transfer window saw Premier League spending hit a record £1.165bn, a 34% increase on last year’s record of £870m, showing a rise in spending for the fourth year in a row
Taxpayers calling HMRC about their personal tax affairs who are looking for a quick answer should phone on their way to work in order to avoid long delays, but avoid the end of the day, after analysis by PfP found early morning and lunchtime calls faced the shortest queues for a response
Around half (54%) of finance workers have revealed that they are more likely to search for a new job in September when the summer ends, resulting in a surge in candidates
This week's news of professional moves in the sector includes an executive director at EY, Deloitte adds to members to its risk data and analytics team, a senior audit partner at BDO retires after 40 years
EY has launched an internal guide on gender identity, expression and gender transition to support the firm’s transgender community, as part of an ongoing commitment to create an inclusive workplace
The Chancellor of the Exchequer, Philip Hammond, has appointed Professor Anil Kashyap as a member of the Financial Policy Committee (FPC) increasing the number of external members to five
Adam Stephens, Finbarr O’Connell and Andy McGill, from Smith & Williamson, have been appointed as joint administrators of 4Children, a children’s charity, which has collapsed with the loss of 65 jobs due to financial difficulties
The partial exemption de minimis rules on VAT could prove beneficial for buy‑to-let owners but it is critical to review the detailed technical guidance as per HMRC VAT Notice 706, says VAT consultant Neil Warren
The Financial Reporting Council (FRC) has announced it has dropped its investigation into Laurie McIlwee, former chief financial officer of Tesco, which followed on from the discovery of a £263m ‘black hole’ in its accounts the retailer said was caused by booking revenue from suppliers too early
The primary motivation for the Welsh move from Stamp Duty Land Tax (SDLT) to a Land Transaction Tax (LTT) is not clear in its policy statements, the CIOT has said
Download the HMRC CGT indexation allowance for May 2016, RPI Index for July 2016 and HMRC rates of interest, changes to stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates, and more
The key HMRC filing deadlines from September to December 2016 including PAYE cheque payments, corporation tax payment, national minimum wage rises and notice of chargeability to tax for 2015/16
Graham Elliott, director, City & Cambridge Consultancy explores bingo and a full house at the courts, input tax on legal services, VAT charges for ebooks dropped, VAT password issue on Government Gateway
Former finance director of Anglo Irish bank given a three-and-a-half year jail sentence, FRC ban former Connaught financial director, HMRC investigation into VAT fraudster
News in the audit sector includes Irish regulator eyes up EY over Anglo Irish bank audit, FRC releases first dedicated audit firm governance code, BEIS confirms FRC status as audit competent authority
In this month’s roundup of developments in accounting and financial reporting, fears over Companies House data wipe proposals, LLP SORP rules review, SRA reviews accounts rules
In this month’s review of tax cases, HMRC wins partial victory over Ingenious film schemes, Cyclops uses Supreme Court UBS decision over loan notes, Corporate tax loss streaming overturned, reports Sharon Khin
In the latest career development updates, HgCapital ties up Connolly deal to build accounting network, CEO pay packages continue to grow, KPMG changes graduate recruitment process
A roundup of current consultations from HMRC, including the Making Tax Digital strategy bundle, treatment of termination payments, tax avoidance sanctions, PAYE settlement agreements, benefits-in-kind for salary sacrifice
Gateley law experts Sophie Brookes and Christopher Davies on disqualifications for directors, right of appeal in unfair dismissal, agency workers and protected disclosure
The introduction of the common reporting standard (CRS) creates a degree of confusion over consistency with FATCA compliance, warns Laila Arstall is advocate and counsel at Carey Olsen
PwC has been fined £2.3m by the Financial Reporting Council (FRC) over failures in its audit of sub-prime lender Cattles and its operating subsidiary Welcome Financial Services Ltd (WFS), while former audit partner Simon Bradburn has been severely reprimanded and given a £75,000 fine
The Treasury is consulting on plans to introduce a new pensions advice allowance, which would enable people nearing retirement to take up to £500 out of their defined contribution pension pots tax-free to put towards the cost of financial advice
The Upper Tribunal has referred questions to the European Court of Justice (ECJ) in a long-running case involving the VAT status of dental care plan payments, saying it needs clarification of whether the services provided are excluded from exemption on the grounds they are ‘debt collection’
HMRC has set up a number of webinars and face-to-face events to provide agents and tax advisers with the opportunity to find out more about the move to digital tax accounts and ask questions on the long awaited Making Tax Digital (MTD) rollout, currently out for consultation
Eight out of ten mid-market firms think their prospects will suffer now the UK has decided to leave the EU, but only just over half have started thinking through the impact of Brexit on their operations, according to research from BDO
An average household will pay £826,030 in direct and indirect taxes over a lifetime, with the total increasing by 2.7% in 2014-2015 compared to the previous year, according to figures compiled by the TaxPayers’ Alliance (TPA)
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