A First Tier Tribunal (FTT) has issued a 37-page ruling relating to an appeal against a £69 VAT assessment and three penalties of £780, £8.85 and £10.35, saying the decision was a great deal longer than normal for such small amounts because of ‘a number of disturbing features’ about HMRC’s 'muddled' conduct

Beyond the main FTSE 350 market, the Big Four continue to dominate the audit space, but there is some room for competition on AIM. In Accountancy's first exclusive survey on audit activity in the AIM 100 market, Philip Smith analyses audit fee income and audit tenure periods

Shareholder advisory group Institutional Shareholder Services (ISS) is calling on investors in Sports Direct to abstain from voting on the reappointment of Grant Thornton as auditor, and to vote against authorising the board to fix the remuneration of auditors ahead of the company's annual general meeting (AGM), Calum Fuller reports