Business & Accountancy Daily

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Business | Renison: Brexit talks hint at awkward break-up

As the latest phase of Brexit negotiations raises more questions than answers, relations between the UK and EU sides seemed frosty to say the least, but there are signs that there could be some progress before the ciritical October meeting European Council meeting, explains Allie Renison, head of EU and trade policy at the Institute of Directors

Tax | VAT fraudster to repay £157k or more jail time

A Newcastle businessman, who was jailed for tax fraud, faces selling his sea front property, Land Rovers, and other assets, to repay £157,000 within six months, or spend another 18 months behind bars and still owe the money the money he stole

Business | Carillion replaces FD and management team

Troubled construction and outsourcing group Carillion, one of the contractors on the government’s high profile HS2 rail project, has announced that Zafar Khan, group finance director, has left the company with immediate effect, while it is implementing a number of executive management changes including bringing in an EY partner

8 Sep 2017

Tax | HMRC hikes spend on counter-avoidance tax staff by 7%

HMRC has ploughed an additional 7% investment into the counter-avoidance directorate staff over the past 12 months, ahead of the introduction of the Criminal Finances Act 2017 at the end of this month which will make companies and partnerships criminally liable if they fail to prevent tax evasion by either a member of their staff or an external agent

Business | Finance Mole: unfamiliar territory

From tattoo advice to stair challenges a stressful day for Finance Mole makes him yearn for a spreadsheet, plus the Accountancy team gets a blast from the past and PwC holds one of the shortest audit reigns

7 Sep 2017

Business | Farnell: when is an accountant not an ‘accountant’?

Hiring an accountant is not always as transparent as one might think as anyone can say they are an accountant, regardless of whether they have specific institute endorsed qualifications. Sean Farnell, partner at Burgis & Bullock, says it is high time this shoddy state of affairs was reviewed and calls for tighter controls on who can call themselves an accountant

HR | Scottish local councils still to resolve equal pay issues

Local government in Scotland has taken twice as long as anticipated to implement equal pay for council workers, and is still struggling to meet the legal requirements in this area, with around £750m spent on settling claims so far and nearly 27,000 still outstanding, according to a review by the Accounts Commission
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