The move to digital transformation presents an opportunity for leveraging the power of artificial intelligence (AI), adding significant value to businesses and freeing up accountants to focus on high ticket services, explains John Edwards, CEO of the Institute of Financial Accountants (IFA) 

An insurance company has lost its case to reclaim £2m in VAT as there was no evidence that their work in removing black telemetric boxes from cars was not a supply for VAT

A Yorkshire cleaning business owner has been jailed after failing to declare her earnings and avoided over £100,000 in tax