The introduction of low tax electric cars has resulted in 960,000 individuals being provided with company cars in 2015/16, up 10,000 (1.05%) on the previous year, according to research from UHY Hacker Young

The British Virgin Islands (BVI) has launched a new limited partnership regime in a bid to increase the jurisdiction’s attractions for investment funds, particularly private equity funds and joint ventures

Top 20 firm Saffery Champness has appointed Matthew Burton as managing partner taking over from Rob Elliott who is stepping down after three terms in the role

When a CFO or other top executive of a company being audited was formerly employed by the accounting firm conducting the audit there is a risk from the ‘familiarity threat’ which can undermine audit independence and ‘breed coziness’, according to a report from the American Accounting Association which says the ‘revolving door’ might need to be closed

A quarter of tax appeals are now being made online according to figures from HM Courts and Tribunals Service (HMCTS), which says its newly introduced service offers a quicker, more streamlined system as part of its planned £1bn investment in digitisation

Nick Reed and Bob Maxwell, partners with Begbies Traynor in Leeds, have been appointed as joint administrators of Great Northern Envelope Company (GNE), and has sold the company to a rival in a pre-pack deal which preserves 129 jobs

An accountant from South Wales who stole more than £1.7m while working for the government of Bermuda and laundered the money through property purchases in the UK has been jailed for seven years and four months