Talks over a proposed £2bn merger between fund management firm Rathbone Brothers and Smith & Williamson have ended with no deal struck, reports Calum Fuller
A US-based accountant formerly employed by a pharmaceutical company and three others have been charged with insider trading by the US Securities and Exchange Commission (SEC) relating to its acquisition by a Dublin-based competitor
This year’s football summer transfer window has seen a rash of new financial records being broken, with Premier League clubs upping expenditure by 23% from the previous year to top £1.4bn, according to analysis from Deloitte
A survey of UK bosses found that 61% of those working in professional services including accounting and law firms are positive about their bosses although one in 10 (9%) were slated as 'poor' managers, showing that bad management habits still pervade certain firms, although accountants were some of the best performing managers
Financial problems and a punitive pensions deficit at the Oldham Evening Chronicle has forced the local newspaper to close as administrators from KPMG are called in
As students start to prepare for the start of the university term, anyone who had a summer job needs to review whether they can claim back any tax paid while working as they well have overpaid through the PAYE system
The 121,000 non-domiciled taxpayers in the UK (non doms) paid £9.3bn in tax receipts in 2014/15, according to HMRC’s first official statistics breaking down the tax take from this high net worth sector, who are predominantly London-based
Although customer complaints can come as a surprise, it is important to remain calm throughout the process, explains Gemma Carson, head of dispute resolution at law firm Wright Hassall, while providing advice on how accountants can deal with complaints effectively
In this week’s moves and appointments roundup, KPMG announces the lead for its commercial mobility function, CBW expands its tax team in London, Milsted Langdon Financial Services has a new wealth management adviser, and Ferguson Litigation Funding has a new business development and client care specialist onboard
In the latest career development updates, HMRC hires granger replacement, employment tribunal fess overturned, Kids Company charity directors set to be disqualified, bonus payment complaint must be in public interest
This month's review of tax cases and tax news including gold bullion payment schemes slated, FRS 105 tax compliance, domicile in Henderson, First Tier Tribunal upholds 'tax on tax' dispute
Download the HMRC CGT indexation allowance for June 2017, RPI Index for July 2017 and HMRC rates of interest, and the current stamp duty land tax (SDLT) and land and buildings transaction tax (LBTT) rates
In our monthly roundup of developments in audit and governance, BBC switches audit to National Audit Office (NAO), Deloitte Mitie misstatement investigation, EY scoops Tate & Lyle audit
Graham Elliott, VAT expert at City & Cambridge Consultancy questions building status argument in Summit case, Making VAT Digital, VAT on non-EU mobile phone calls, students union and exemptions
In this month’s roundup of developments in accounting and financial reporting, BT £225m bill over Italian accounting errors, Wilkins Kennedy to pay £7.5m settlement, SEC blockchain rules, insurers need to start planning for IFRS 17 Insurance Contracts, FRC needs to increase staff and scope
The key HMRC filing deadlines from September 2017 to April 2018 including deadline for employment intermediary’s quarterly report, PAYE cheque payments, online CIS returns, PAYE settlement agreement
In this month's legal updates, experts at law firm Gateley plc consider execessive remuneration, fiduciary duties at charitable company, government to debate Repeal Bill and Scottish partnerships hit by PSC register rule change
Devolution has seen real change to the UK tax system with the introduction of tax raising powers for the Scottish government and the introduction of the Scottish Rate of Income Tax (SRIT). Saffery Champness partner Elaine McInroy considers the key issues for employers and employees defined as Scottish taxpayers
Yvette Nunn CTA, director at Berkeley Associates, faces an uphill struggle to persuade clients to keep their tax affairs organised, review gift giving and maintain better records to help executors reduce inheritance tax (IHT) liability, in an increasingly complex tax environment
Donald Trump has once again reiterated his desire to undertake swingeing tax reforms which he claims would let loose the US economy and benefit ordinary Americans, despite providing no detail in his proposals
The UK’s biggest companies faced a £62bn pension deficit in 2016, up by £12bn and the equivalent of 70% of total pre-tax profits (£88.9bn) for the year, according to research by actuarial consultancy Barnett Waddingham, which warns the ratio is now even higher than it was in the immediate aftermath of the financial crisis
The Basel Committee on Banking Supervision is consulting on the implications of fintech for the financial sector, and how technology will affect the role of supervisory bodies
European Economic Area (EEA) citizens based in the UK pay more in income taxes than Wales and Northern Ireland combined, according to analysis by Opal Transfer, a fintech money transfer service, which warns that a ‘hard’ Brexit with strict controls on EU and EEA migration could result in a dip in tax revenues
HMRC has published guidance on how downsizing, selling or gifting a home affects the additional inheritance tax (IHT) threshold for residence nil rate band (RNRB) relief, after admitting that the rules are ‘complicated’
Donald McNaught, restructuring partner at Johnston Carmichael has been appointed as provisional liquidator of Vasanat International Ltd, trading as Scottish Electric Group, which has collapsed with the loss of 99 jobs
MHA MacIntyre Hudson has confirmed it is to merge its City of London and North London offices in a move which will see the seven partners and more than 60 Whetstone-based staff join their City colleagues
Baldwins Group has mopped up another accountancy firm with the acquisition of Durham-based Pullan Barnes Chartered Accountants, bringing on a team of 15 staff and two partners in the deal
During the first 100 days after President Trump's inauguration tax reform was meant to take place, but now senior Republicans are predicting it will arrive in 2017. US taxpayers may be forgiven for thinking that tax reform may never come to pass. Global Tax Weekly specialists take a look at the options
Post-Brexit, the UK cannot afford to drop the headline tax rate to Singapore levels at 17%, but it has to compete or risk potential losses, says Chas Roy-Chowdhury, head of taxation at ACCA
The amount of tax HMRC suspects may have been underpaid by big businesses has increased to £24.8bn, a 13% hike on the previous year following a widening of the scope of investigations, according to analysis by law firm Pinsent Masons
Micro entities filing filleted accounts which have been rejected by Companies House should ensure their accounts state that they have been prepared in accordance with the provisions applicable to micro entities and delivered in accordance with the small companies’ regime, reports Calum Fuller
The US Financial Accounting Standards Board (FASB) has issued its long-awaited accounting standards update (ASU) to improve and simplify accounting rules around hedge accounting, the final component of its financial instruments convergence project with the International Accounting Standards Board (IASB)
The Financial Conduct Authority (FCA) has recruited Arnold Schwarzenegger as the face of a new advertising campaign to create awareness of the deadline to make a complaint about Payment Protection Insurance (PPI)
The Financial Reporting Council (FRC) has launched a new website, which the regulator says offers a fresh design and more accessible functionality for stakeholders, and has refreshed its 'mission' in line with its work in the public interest to promote transparency and integrity in business
The Chartered Institute of Internal Auditors (IIA) is launching new guidance on how risk should be managed in UK banks and other financial institutions, with the aim of strengthening the role of internal audit via updates to the financial services code