Business &amp; Accountancy Daily

Image for job support scheme expanded three tier lockdowns come

Business | Job support scheme expanded, three tier lockdowns to come

With the government set to introduce localised Covid-19 lockdowns of varying severity, the job support scheme (JSS) is to be expanded to support businesses required to close their doors as a result of coronavirus restrictions

12 Oct 2020

Restructuring & Insolvency

Careers

Image for electrical engineering duos repeat offences spark ban

Business | Electrical engineering duo's repeat offences spark ban

A father and son team who ran an electrical installations company have banned for a total of 26 years after the pair breached previous disqualifications, and failed to meet accounting obligations

12 Oct 2020

Called to Account

Image for aim bounces back pre covid highs

| AIM bounces back to pre-Covid highs

The Alternative Investment Market (AIM) all-share index has returned to its 2020 pre-Covid highs, outperforming the FTSE all-share index, according to BDO

12 Oct 2020

Business | Finance sector recognised in Queen’s Birthday Honours

The former CEO of Grant Thornton, the billionaire brothers who recently acquired Asda and the head of GlaxoSmithkline are amongst those from the finance sector named in the Queen’s Birthday Honours List 2020

12 Oct 2020

Image for hmrc warns university students over tax scams

Tax | HMRC warns university students over tax scams

As students return to university at the start of the new academic year, HMRC is highlighting that they could be targeted by a fresh wave of tax scams

12 Oct 2020

Tax

Personal Tax

HMRC

Image for how accounting practices succeed difficult times

Business | How accounting practices succeed in difficult times

Faced with the Covid-19 crisis, forward thinking accountants have flourished while more traditional firms have struggled. Shane Lukas of AVN, the accountants’ association, sets out how firms can succeed while others fail

9 Oct 2020

Image for surreys stockbroker belt uk income tax hotspot

Tax | Surrey’s stockbroker belt is UK income tax hotspot

The ‘stockbroker belt’ dominates the ranking of the UK’s top ten towns with the biggest income tax bills, with taxpayers in these areas paying triple the UK average, according to research by UHY Hacker Young

9 Oct 2020

Tax

Personal Tax

HMRC

Image for us oil data company charged 100m fraud

Business | US oil data company charged with $100m fraud

The Securities and Exchange Commission (SEC) has charged an international oil and gas exploration seismic data company, SAExploration Holdings (SAE), and four former executives over a multimillion dollar accounting fraud stretching back five years

9 Oct 2020

Called to Account

Business | Black history month: Young black talent key to long-term business representation

Marking the start of Black History Month, EY’s Zaheer Ahmad sets out what his firm is doing to tackle low black numbers in the accounting profession, including 30% targets for black work experience and school leaver recruitment

9 Oct 2020

Image for people news thomas westcott mha macintyre hudson ey

Business | People in the news: Thomas Westcott, MHA MacIntyre Hudson, EY

In this week’s accountancy career moves, partners appointed at Thomas Westcott, MHA MacIntyre Hudson and Deloitte, financial services leader named at EY, and associate director appointed at RSM

9 Oct 2020

Careers

Image for deloitte appoints new audit leadership line

Business | Deloitte appoints new audit leadership line-up

Deloitte has announced its new audit and assurance leadership team as the firm begins to implement operational separation of audit and other service lines

9 Oct 2020

Careers

Business | Legal updates: October 2020

In this month’s round up of legal news, Gateley Legal’s Sophie Brookes considers share purchase agreements, scheme of arrangements and Virgin Atlantic’s restructuring under CIG2020

8 Oct 2020

Law & Guidance

Image for government acts thuggish debt letters

Business | Government acts on ‘thuggish’ debt letters

The government is to introduce new rules about the wording on debt letters sent to those in arrears on repayments, in order to reduce distress and help people better understand and manage their debts

8 Oct 2020

Restructuring & Insolvency

Business | Freeports to go ahead in 2021

The government is to go ahead with plans to create new Freeports across the UK, offering simplified customs arrangements and a package of tax reliefs for business, in order to boost post-Brexit trade

8 Oct 2020

Image for pre pack administration scrutiny tightened

Business | Pre-pack administration scrutiny tightened up

The government is to legislate for the mandatory independent scrutiny of pre-pack administration sales where connected parties are involved in the purchase

8 Oct 2020