The TaxAssist Accountants network, which operates from more than 300 shops and offices across the UK, has reported its second £1m resale as a result of a restructuring of two central London franchises

EY has announced its two latest board appointments, both of whom are women, bringing a 50:50 gender balance to its top team of ten executives

HMRC has updated its guidance on how the VAT cash accounting scheme works, to provide information on how businesses should account for VAT if they leave the scheme voluntarily, or if their turnover exceeds the ceiling

The International Accounting Standards Board (IASB) has indicated it now plans to consider re-introducing amortisation of goodwill as part of its post-implementation review of IFRS 3 Business Combinations.

Concerns over long-term care costs are evident following rumours about the introduction of a care ISA with leftover savings being exempt from inheritance tax. Sara White, editor of Accountancy, outlines some of the problems faced by government and urges MPs to focus on the longer term rather than the parliamentary cycle

In this month’s roundup of developments in accounting and financial reporting, LLP accounting SORP set for refresh, FRC revises guidance for preparing Strategic Reports, record accountancy ban for former AssetCo execs

In the latest career development updates, BT reveals £500m pension deficit error, councils need to transform to survive budget cuts, social care employers win NMW appeal, former Tesco FD will not face fraud trial

In our monthly roundup of developments in audit and governance, PwC slated for ‘misleading’ BHS audit, revised Corporate Governance Code, Grant Thornton cleared of misconduct over Globo audit, auditing accounting estimates standard to be revised

This month's review of tax cases and tax news including QC wins appeal over excessive penalties, conditions for Accelerated Payment Notices were met, Making Tax Digital VAT trial for businesses faces delays

Jackie Hall ACA CTA, partner at RSM on PAYE accounts, HMRC issues warning on outstanding contractor loans, apprenticeship levy guidance updated

In this month's legal updates, experts at law firm Gateley plc consider fiduciary duties at charitable company, English parent company not liable for overseas subsidiary, revised Corporate Governance Code

Graham Elliott, VAT expert at City & Cambridge Consultancy covers the circumstances when chocolate is zero rated, charity fundraising by student union, suppressed evidence over turnover