HMRC has lost the first appeal to be heard at tribunal in relation to the senior accounting officer (SAO) regime, with the First Tier Tribunal (FTT) cancelling two penalties against a finance director on the basis that he had taken reasonable steps to ensure the company established and maintained appropriate tax accounting arrangements, as required

PwC has seen a double digit increase in the number of students applying to its work experience and internship placements, and a record number of applications across its student vacancies overall

Despite ‘dress down Fridays’ becoming the norm, two thirds of professionals working in the accounting industry think that businesses should not ditch dress codes in the workplace, according to data from online job board CV-Library

In this week’s moves and appointments roundup, two graduates join Clemence Hoar Cummings, EY combines its technology and data analytics team to create a tax technology and transformation group, and the Insolvency Service Board replaces three non-executive directors

Pension trustees of a number of high profile employers have failed to comply with their basic duties, according to the latest quarterly update from The Pensions Regulator (TPR), which for the first time includes details of pensions schemes whose trustees have been fined for failing to complete scheme returns or the annual chair’s statements

So-called ‘sin taxes’ on alcohol, tobacco and sugar will raise £24.7bn in revenues by 2018, more than amount the government spends dealing with the impact of drinking, smoking and obesity, according to research by the Institute of Economic Affairs, which says taxpayers are being unfairly demonised over their negative behaviours

The Chartered Institute of Taxation (CIOT) has announced that 490 students have passed at least one of the June 2017 Advanced Diploma in International Taxation (ADIT) exams, out of a total of 675 students sitting the exams in 47 cities around the world