Business &amp; Accountancy Daily

Restructuring & Insolvency

Image for qa super deduction capital allowances

Tax | Q&A: super-deduction capital allowances

In our weekly Q&A, Croner Taxwise tax adviser Faz Zaheer examines how the super-deduction capital allowance works and essential compliance issues

14 Sep 2021

Tax

Business Tax

Tax Compliance

Image for apprenticeship levy transfer scheme launched

Tax | Apprenticeship levy transfer scheme launched

The government has launched a service to help businesses create more apprenticeship opportunities by creating a funding pot for the levy

14 Sep 2021

Tax

Business Tax

Employment Tax

Image for hmrc loses half disputes taxpayers

Tax | HMRC loses half of disputes with taxpayers

Over the last two years, out of the 32,675 tax claims that had been queried by taxpayers almost half, 16,120, of the claims were dropped altogether by HMRC

14 Sep 2021

Business | FCA vows crackdown on fraud involving authorised firms

The Financial Conduct Authority’s (FCA) chief executive has pledged a tougher crackdown on fraud outside of its remit which involves regulated financial services firms

14 Sep 2021

Companies

Image for impersonation scams result ps129m losses

Tax | Impersonation scams result in £129m losses

Criminals pretending to be HMRC, banks, and parcel delivery firms have defrauded the public out of £129.4m so far this year

14 Sep 2021

Tax | Is the UK still attractive to non-doms?

The number of non-domiciled taxpayers is stabilising after the significant reforms introduced in 2017. Tim Crook, head of tax at Gherson solicitors, considers the pros and cons

13 Sep 2021

Tax | Dental practice wins tax ruling over £980k trust status

The court has ruled against HMRC and found that £980,000 worth of loans made to a director from a remuneration trust were not connected to employment and not subject to tax or National Insurance contributions (NIC)

13 Sep 2021

Tax | CBI chief warns against increase of business taxes

The government should stop increasing taxes on businesses and jobs, as it risks derailing the economy’s recovery from the pandemic says the Confederation of British Industry (CBI)

13 Sep 2021

Tax | HMRC targets unregulated tax advisers

HMRC is investigating 153 unregulated tax advisers for allegedly helping clients avoid tax, says international law firm RPC

13 Sep 2021

Tax | EXCLUSIVE: Hardman’s Tax Data offered free to Accountancy Daily readers

In a major enhancement to Accountancy Daily, Croner-i has made a further substantial investment in our news portal to give subscribers free exclusive access to Hardman’s Key Data, an unrivalled online service detailing all the essential tax data, updated in real time. Croner-i’s online Hardman’s Key Data service contains all the numerical and factual tax data needed regularly by tax, accounting and finance professionals

13 Sep 2021

Business | Johnston Carmichael restructures specialist teams

Scottish accountancy firm Johnston Carmichael has reshaped and strengthened its sector focus to provide more targeted support for clients dealing with the pandemic fallout

13 Sep 2021

Image for frc advisory focuses insurance audits

Finance | FRC advisory focuses on insurance audits

The Financial Reporting Council (FRC) has contacted actuarial advisers to inform them of the importance of working with auditors of insurance companies to ensure financial data is accurate

13 Sep 2021

Auditing

Corporate Governance

Image for govgrant acquires luvo financial

Business | GovGrant acquires Luvo Financial

GovGrant, the research and development (R&D) specialist, has acquired Luvo Financial as the R&D tax credit market consolidates

13 Sep 2021

Business | 42% jump in customs duties since Brexit

UK businesses and consumers have paid 42% more in customs duties on goods since Brexit came into force on 1 January 2021, says UHY Hacker Young

13 Sep 2021

Companies

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Business | Protecting confidential data when hybrid working

Remote working is nothing new, but businesses have become far more familiar with the concept since Covid-19, but it raises serious questions about data confidentiality, explains Bruce Penson, managing director at ProDrive IT

10 Sep 2021

Business | Deloitte global revenue hits $50.2bn

Deloitte has reported global revenue of $50.2bn (£36bn) for the fiscal year ending 31 May 2021, marking a 5.5% increase in fee income, up from $47.6bn on the previous year

10 Sep 2021

Image for companies house changes online payments govuk service

Business | Companies House changes online payments to gov.uk service

Companies House has confirmed that it has changed its card payment provider which means anyone paying a bill will be directed to a gov.uk pay screen to make a payment on the online service

10 Sep 2021

Companies

Image for furloughed staff lowest number start pandemic

Tax | Furloughed staff at lowest number since start of pandemic

The number of people on furlough has fallen to the lowest level since the start of the pandemic as the UK economy continues to recover and businesses reopen

10 Sep 2021

HR | People in the news: Dow Schofield Watts, haysmacintyre, BDO, KPMG, EY

In this week’s accountancy career moves, partner appointments at EY, BDO, KPMG and haysmacintyre, promotions at EY-Parthenon and Milsted Langdon, and trainee hires

10 Sep 2021

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Business | Hentons signs joint venture with Mackenzie Spencer

Chartered accountancy firm Hentons has invested in Sheffield based Mackenzie Spencer to strengthen its specialist corporate finance service offering

10 Sep 2021

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Business | KPMG aims for 29% working class representation by 2030

KPMG in the UK has become one of the first organisations to publish its socio-economic background pay gaps and set out ambitious targets to increase the number of senior employees, including partners, from working-class backgrounds

10 Sep 2021