Business &amp; Accountancy Daily

VAT

Image for kpmg uk confirms governance changes and chief executive appointment process

Business | KPMG UK confirms governance changes and chief executive appointment process

KPMG UK has confirmed that it will split the role of chair and chief executive to bring it in line with industry practice and has announced that it will hold an election process for the chief executive position

25 Feb 2021

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Business | Coronavirus: essential updates for accountants, tax advisers and auditors - Part 3

To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis

25 Feb 2021

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Business | Draft pre-pack rules set out role of evaluator

The government has issued draft pre-pack legislation in a bid to improve stakeholder confidence in pre-pack administrations with the creation of new requirement for an evaluator

25 Feb 2021

Restructuring & Insolvency

Image for duff phelps plans rebrand company kroll

Business | Duff & Phelps plans to rebrand company as Kroll

Duff & Phelps, the provider of services and digital products related to governance, risk and transparency, and a major UK restructuring firm, has announced plans to transition the company name to Kroll

25 Feb 2021

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Finance | Guidance on holding company AGMs during Covid-19 pandemic

ICSA: The Chartered Governance Institute has published new guidance about company AGMs and the impact of Covid-19, which reflects the continuing impact of the coronavirus pandemic on companies’ ability to hold physical general meetings

25 Feb 2021

Tax | Finance Bill 2021 – what tax measures are set to change?

The latest Finance Bill is due to be finalised after the Budget is delivered on 3 March. Croner-i tax writer Sarah Arnold reviews the significant tax changes

24 Feb 2021

Business Tax

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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 2021, increasing mileage rates for 1400-2000cc petrol vehicles by 1p per mile

24 Feb 2021

Business Tax

Image for third ftse board positions held women

Business | Third of FTSE board positions held by women

More than a third (34.3%) of FTSE 350 board positions are now held by women with numbers rising from 682 to 1,026 in five years, final Hampton-Alexander Review report reveals

24 Feb 2021

Careers

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Business | Gender pay gap reporting enforcement delayed to October

Due to the continued effects of the Covid-19 pandemic, the deadline for filing gender pay gap reports has been delayed for six months

24 Feb 2021

Image for tc group merges london accountancy practice

Business | TC Group merges with London accountancy practice

TC Group has concluded a merger with London-based accountancy practice, The Company Books, whose clients will be managed from TC’s offices in Farnham and Croydon

24 Feb 2021

Careers

Image for bdo calls targeted tax incentives boost uk manufacturing

Tax | BDO calls for targeted tax incentives to boost UK manufacturing

Two thirds of manufacturers (65%) would commit to greater investment in the UK if incentives for capital expenditure were increased, a new survey from BDO shows

24 Feb 2021

Business Tax

Image for sec charges two former kpmg auditors improper professional conduct

Business | SEC charges two former KPMG auditors for improper professional conduct

The Securities and Exchange Commission (SEC) has suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of a not-for-profit college

24 Feb 2021

Auditing

Called to Account

Image for bbc presenter kaye adams wins ir35 case

Tax | BBC presenter Kaye Adams wins IR35 case

Radio presenter Kaye Adams has won her IR35 case at the Upper Tribunal as judges rule that the BBC was not required to treat her as a PAYE employee

23 Feb 2021

Personal Tax

Case Reports

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Business | Prime Minister sets out roadmap to ease lockdown restrictions

PM Boris Johnson has announced the government’s roadmap to cautiously ease lockdown restrictions in England with non-essential shops due to open on 12 April

23 Feb 2021

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Tax | Navigating IR35 and the status determination system: part 2

With the off-payroll working rules due to come into effect from April, Michael Paulin considers how to advise a client on the tax status of someone who is not your client

23 Feb 2021

Tax | VAT deferral payment scheme online service opens

Over half a million businesses who deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay in smaller monthly instalments, HMRC has announced

23 Feb 2021

| Operational separation of Big Four audit practices progresses

The Financial Reporting Council (FRC) has confirmed that Big Four firms are on schedule to achieve operational separation of their audit practices as the largest auditors look to restructure their businesses

23 Feb 2021

Auditing

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Tax | File self assessment tax returns now to prevent penalties

Self assessment taxpayers have less than one week to submit their late tax returns by 28 February to prevent a £100 late filing penalty

23 Feb 2021

Tax | Q&A: VAT construction domestic reverse charge

In our regular Q&A series, Croner Taxwise VAT adviser Tony Chamberlain, examines the rules on the construction domestic reverse charge and sets out VAT compliance requirements in five different scenarios

23 Feb 2021