With just one month to go until the rollout of the Making Tax Digital (MTD) for VAT extension, 82% of eligible businesses that are yet to comply are still unaware of the impending deadline
In this week’s accountancy career moves, senior partner moves at Albert Goodman, Tilney Smith & Williamson, Deloitte Legal and EY-Parthenon, and hires and promotions at Milsted Langdon, RB+ and Carpenter Box
HMRC has emailed employers ‘strongly encouraging’ them to label the increased National Insurance contributions (NICs) rate on their employee’s payslips as ‘for the NHS’
UK accountancy bodies ICAEW and ICAS have signed up to support the Nature is Everyone’s Business initiative to signal the important role accountancy plays in deforestation
The quality of HMRC communication with taxpayers about the overly complex high-income child benefit charge (HICBC) has hardly improved in the last three years
Increased accountability for directors and more scrutiny on decision making is part of proposed audit reforms, but what does it mean in practical terms for directors, ask Simon Fawell and Paul Brehony, partners, and Kate Gee, counsel at Signature Litigation LLP
Global accounting network Grant Thornton has confirmed that its Russian member firm has quit the network due to the war in Ukraine, while KPMG is reviewing its Russian client list
HMRC has been given new powers to clamp down on promoters of tax avoidance and publish details of individuals and firms involved with questionable tax schemes
HMRC is reminding about 7,500 tax credits, child benefit and guardian’s allowance customers they have just one month left to switch their Post Office card account
Accounting firms and businesses need to take action to review their due diligence and sanctions screening procedures to avoid breaking extensive sanctions against Russia
An overarching government department for fraud is the only way the UK will be able to combat the current fraud epidemic says former anti-fraud minister Lord Agnew
Helen MacNeill FCA examines the new quality management standards, focusing on ISQM (UK) 1, effective from December 2022 and what it means for audit firms
Tax agents and accountants will be able to send bulk appeals against late filing penalties for tax returns filed after 28 February due to Covid-19, HMRC has confirmed
British nationals who return home after living in the EU should be wary of falling into a post-Brexit customs trap when moving their possessions back to the UK, warns Sarah Halsted, national VAT technical officer at RSM
Accountancy firm Johnston Carmichael has reported annual revenues of £54.6m, up 6.2% for the financial year ending 31 May 2021, despite the challenges of the pandemic
The Trustees of the IFRS Foundation have signed agreements with German public and private sector institutions to finalise a deal to set up the International Sustainability Standards Board (ISSB) in Frankfurt
In our handy guide to tax filing deadlines, we provide an at-a-glance guide to key dates for PAYE cheque payments, corporation tax instalments, and Making Tax Digital (MTD)
Changes to the prospectus regime governing lists on the London Stock Exchange will see the introduction of a simpler regime for companies listing and raising capital
The Financial Reporting Council (FRC) is consulting on proposals to extend access to key audit partners working in local audit, changing the rules of entry, to increase competition
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