As part of measures to support businesses during the pandemic, the Chancellor announced a temporary three-year carry back relief on corporation tax trading losses. Paul Davies FCA, tax writer at Croner-i, explains

A tax consultant who stole £6.9m from construction workers’ pay has been ordered to repay £1.7m or face four more years in prison

Plans to create a tougher audit regulatory body by 2024 would see the number of staff at the new regulator doubling to ensure adequate oversight of the audit market once audit reforms are introduced