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Tax | What you need to know: tax changes for property owners

An overhaul of capital gains tax (CGT), halving the final period exemption and restrictions on lettings relief, not to mention possible changes to inter-spousal transfers, will have ramifications for anyone selling or renting property. Julie Butler FCA explains

25 Feb 2020

Tax | Treasury plans northern expansion

Chancellor Rishi Sunak is planning to ‘shift the gravity of economic decision making away from the capital’ by relocating some Treasury staff

25 Feb 2020

Tax

Politics

Careers

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Finance | Accountants slow to act on climate change

Leading UK accounting bodies are spearheading a global call to action urging accountants to put sustainability and the fight against climate change at the forefront of their work

25 Feb 2020

Business | Wells Fargo fined $3bn over fake bank accounts

US regulators have slapped a $3bn (£2.3bn) fine on Wells Fargo bank over a long running scandal which saw its employees create millions of fake accounts in order to hit ambitious sales targets

25 Feb 2020

Business

Called to Account

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Tax | HMRC challenged over anachronistic credit card ban

HMRC has been accused of being ‘out of step’ with other large commercial organisations over its ban on the use of credit cards by individuals to pay their tax bills, leaving some unable to pay and facing penalties

25 Feb 2020

Tax | Q&A: VAT and healthy staff perks

In our regular Q&A series from Croner Taxwise, VAT advice consultant, Sally Atkins, looks at the VAT implications of paying for staff gym memberships and subsidised healthy meals

25 Feb 2020

Finance | Government committed to setting up ARGA audit regulator

The government has signalled its intention to set up a new audit regulator to replace the Financial Reporting Council FRC, despite the cabinet reshuffle which saw the business secretary replaced

24 Feb 2020

Auditing

Corporate Governance

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Tax | Entrepreneurs’ relief should support start-up not sell-up

Entrepreneurs’ relief should be reshaped to inspire budding entrepreneurs rather than acting as a way to top up pension pots, argues Phil Hall, head of public affairs, AAT

24 Feb 2020

Tax | HMRC advisory fuel rates for company car users from 1 March

HMRC has published the latest advisory fuel rates (AFR) for company car users, effective from 1 March 2020 cutting mileage rates for diesel and petrol vehicles with 2000cc or more by 1p per mile

24 Feb 2020

Tax | HMRC targets ultra-rich £700bn assets

HMRC has set up a specialist team to probe the tax affairs of ultra-high net worth individuals, as it extends efforts to crackdown on possible tax avoidance by some of the UK’s wealthiest families

24 Feb 2020

Business | FTSE shareholder dissent over exec pay rises

Rising shareholder dissent hit a quarter of the FTSE all share companies last year, with high levels of executive pay and director re-election topping the list of concerns

24 Feb 2020

Business

Companies

Accountancy Firms

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Business | Restaurateur served with ban over £570k tax fraud

An Aberdeen restaurateur has been banned for 11 years after the discovery of almost £800,000 of payments that were not declared to HMRC

24 Feb 2020

Business

Called to Account

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Tax | OECD consults on reporting rules for online platform sales

The OECD plans to develop a single set of reporting rules for countries to use to collect information about sales made via online platforms to assist future tax collection

24 Feb 2020

Tax | Chancellor promises lenient penalties for IR35

The Chancellor, Rishi Sunak has reassured contractors that HMRC will not be ‘heavy handed’ on penalties during the first year of IR35 implementation

24 Feb 2020

Business | Johnson to reduce business council network

A number of business leaders could lose their government advisory roles as Downing Street plans to downsize committee numbers on the business council network

24 Feb 2020

Business

Companies

Accountancy Firms

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Business | Succession planning: how to plan for order, not chaos

Succession planning is vital in any finance team where the future viability of a business can rest on a poor decision. Matt Weston, managing director of Robert Half UK, sets out the key steps

21 Feb 2020

Leadership & Management

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Business | Top 75 trainee interview: Mercer & Hole

In our trainee series, Zak Jakubowski talks to Molly Tait and Matt Pollard, audit trainees at Mercer & Hole, about juggling working days with study and their ambitions to become ACA qualified

21 Feb 2020

Business

Accountancy Firms

Top 75 Surveys

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Business | Women FDs fail to break glass ceiling at FTSE 100

A third of all board positions in FTSE 100 are now held by women, but female representation in senior executive roles is lagging with only 15% of finance directors at top UK companies being women

21 Feb 2020

Leadership & Management

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HR | People in the news: Wilkins Kennedy, Kilsby Williams, PKF

In this week’s accountancy career moves, partner appointment at Wilkins Kennedy, hires at Kilsby Williams, Quantuma and Wilkins Kennedy and an interim CFO at Fulcrum Utility Services

21 Feb 2020

Business

Careers

Leadership & Management