HMRC is warning businesses to make sure they are ready for changes to reporting under Making Tax Digital (MTD) for VAT before it becomes mandatory for all VAT-registered businesses from 1 April this year
Boris Johnson has confirmed that the government is discussing the introduction of a five-day isolation period instead of the current seven days to help businesses deal with staff absences during the Omicron outbreak
One year since leaving the EU, two-thirds of manufacturing companies have reported that Brexit has moderately or significantly hampered their business, however optimism for growth has risen
Over a third of CFOs stress that investment is a strong priority for their businesses in the next 12 months with a majority planning to spend on digital technology and upskilling the workforce
Three out of five companies expect to increase their prices in the next three months due to the continuing supply chain disruption, soaring inflation, and rising energy costs
Probate application fees in England and Wales will increase to £273 for both professional and personal applications, under an amendment to the Non-Contentious Probate Fees Order 2004
The Financial Reporting Council (FRC) has launched an investigation into the audits conducted by MacIntyre Hudson LLP of the financial statements of MRG Finance UK plc
More pressure has been put on the government to halt the National Insurance Contributions (NICs) increase amid the rising cost of living and surging energy prices
In this week’s accountancy career moves, partner promotions at KPMG, PwC, BDO, Gerald Edelman, Mazars and Moore Kingston Smith, promotions at Azets, Thomas Westcott and PKF Smith Cooper
HMRC has clarified guidance on VAT reclaims on electricity for charging electric vehicles although it is still reviewing how employees can make claims on domestic charging
Businesses can now apply for a financial grant worth up to £6,000 from the £635m support package given to local councils to support those most affected by the Omicron variant of Covid-19
HMRC compliance activity traditionally takes the form of a statutory enquiry which can send shock waves through a firm. Danielle Ford, head of tax disputes and resolutions, and Riocard Hoye, senior manager, haysmacintyre, consider disclosure notices and penalties
As we head into 2022, Tim Walford-Fitzgerald, partner at HW Fisher shares his expectations for the property market and the six major tax considerations you need to be aware of
HMRC has waived late filing and late payment penalties for self assessment taxpayers by one month, effectively delaying the tax return deadline to 28 February