Four Seasons, the UK's second largest care home group, has called in administrators as the company faces financial crisis, from over-leveraged debt and escalating running costs exacerbated by the squeeze on local authority funding

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The Department for Work and  Pensions (DWP)  has identified more than double the number of carer’s allowance overpayments since introducing new data matching systems with HMRC and employing additional staff, and is planning to recover £150m, according to a report by the National Audit Office (NAO)

This month’s exclusive Accountancy Daily CPD module will look at the alternative dispute resolution (ADR) process, which uses mediation to resolve tax disagreements between taxpayers and HMRC

Top 20 accounting firm Kingston Smith, formerly the UK member firm for global network Morison KSi, has quit to join Moore Stephens International

The National Audit Office (NAO) has published guidance for audit committees on cloud IT services and their use in government, with suggested questions to ask at planning, implementation and management stages

In this month’s tax updates, cases include Loose Women’s star IR35 win while Hustle actor’s Big Bad Wolffe company loses NIC appeal, a taxpayer’s unsolicited tax returns are rejected, HMRC wins £40m Hyrax case, IR35 private sector rules released, Treasury reports on loan charge, HMRC consults on PRR and multinationals face CFC clawback

Corporate insolvencies rose in the first quarter of 2019, with administrations reaching their highest level for five years, official figures from the Insolvency Service show

In this month’s accounting updates, the PRA calls for greater climate change risk reporting while the IASB says it will not move into sustainability reporting standard setting, PwC reports significant accounting irregularities at Datalex, Garden Bridge Trust is slated, and CIPFA consults on first financial management code

In this month’s audit updates, the Competition and Markets Authority (CMA) sets out radical reform proposals including mandatory joint audits, Brydon review launches audit process consultation, the future of the Financial Reporting Council (FRC), review of KPMG’s audit practice, sanctions for Grant Thornton and Baker Tilly, and audit switches at Mothercase and French Connection

In this month’s legal updates, Sophie Brookes, partner at Gateley, considers three share purchase agreement claims in Triumph Controls UK Ltd, an unreasonable NDA in Harcus Sinclair and the implied duty to act in good faith of Post Office contracts

In this month’s VAT roundup of significant cases, Graham Elliott CTA (Fellow), VAT specialist at City & Cambridge Consultancy, considers the judgments in Praesto at the Court of Appeal and the CJEU judgment in Mydibel in respect of the capital goods scheme