In this month’s round up of legal cases, Sophie Brookes of Gately Legal considers directors’ duties, death of sole director-shareholder and a breach of s21 FSMA 2000
Here are the rules employers and employees need to know to access the government’s flexible furlough scheme that launches on 1 July, explained by Alan Price, HR expert and CEO at BrightHR
Tax credit claimants urged to check their renewal figures and tell HMRC if any changes need to be made by 31 July, or risk receiving too much or too little credits which will be clawed back through possible penalties
The second phase of the Coronavirus Job Retention Scheme (CJRS V2) launches on 1 July, allowing employers to operate flexible furlough schemes, amid claims that the complexity of some regulations may lead to errors
An estimated 2.6m UK consumers have bought cryptoassets at some point, an increase of 1.1m in the past year, according to research by the Financial Conduct Authority (FCA), which has expressed concerns about lack of regulation in this sector
This month's exclusive Accountancy Daily CPD module focuses on the eligibility criteria and calculating how much a client can claim through the Self-Employed Income Support Scheme (SEISS)
The growing budget deficit is concentrating minds on radical reforms to inheritance tax, which now appear more attractive in the current climate, say Judith Millar and Alastair Collett of BDB Pitmans
The National Audit Office (NAO) has published the latest in a series of challenging reports on defence procurement, highlighting how significant uncertainties over the future costs of plans to bring new aircraft carriers into service may limit their effectiveness
The chancellor is expanding a coronavirus support fund for UK startups, to ensure firms that shifted their headquarters abroad can still access the scheme, which is designed to help newly launched innovative companies survive the current pandemic
FCA warnings about sub-prime lending and debt management scams are up 85% to 24 during the three months of lockdown compared to just 13 in the same period last year, according to BDO
The Corporate Insolvency and Governance Act has received Royal Assent, and came into force on 26 June, marking the largest change to the UK’s corporate insolvency regime in more than 20 years
In our regular Q&A series from Croner Taxwise, tax adviser, Amaira Badat explores how an SME’s R&D relief claim will be affected if they also claim under the Coronavirus Job Retention Scheme (CJRS)
As more fall between the cracks of coronavirus support packages, Berkeley Associates director Yvette Nunn argues annual pension allowance rules should be relaxed for those that need to access savings in these difficult times
Grant Thornton has identified a £19m hole in the accounts at national car dealership Lookers, stemming from fraudulent expenses claims and incorrect or inconsistent application of policies, processes and accounting standards
A finance chief at a city bank has been jailed for four and a half years after he created two fake payments worth £2.9m, from his employer to HMRC, and then diverted the funds to himself
The International Accounting Standards Board (IASB) has issued amendments to IFRS 17, Insurance Contracts, including a two-year deferral of the start date, to address concerns and implementation challenges identified following its introduction in May 2017
Jim Tucker, David Pike and Mike Pink, partners with KPMG’s restructuring practice have been appointed joint administrators to Intu Properties, the owner of some of the UK’s largest shopping centres, which has collapsed under the impact of its debt burden and the impact of coronavirus on shopping habits
The Chartered Institute of Management Accountants (CIMA) calls on the government to look beyond the short-term and address the UK’s long-standing productivity woes, focusing future investments in skills in industries to help compete on the world stage and address social mobility