In this week’s accountancy career moves, partner promotions and hires at RSM, Mercer & Hole, KPMG and Interpath Advisory, management changes at Hayward Wright, Wylie & Bisset, ICAEW and CIPFA
The tax take from property sales in Wales has hit a record £414.3m for the year end 2021-22, with nearly a quarter raised from the higher rate of land transaction tax (LTT)
The number of registered company insolvencies in June 2022 was 1,691, up 40% on the same month the previous year but a slight improvement on May figures
Disposal of crypto assets triggers a capital gains tax charge, but clarity on non-fungible tokens (NFTs) is less clear. Zoe Wyatt, partner and head of crypto at Andersen, explains some of the factors for accountants and investors
The Charity Commission has forced the closure of a military charity which ‘misled the public’ and paid most of the charitable income raised to a third party following mismanagement by trustees
The Financial Stability Board (FSB) has flagged progress on the creation of International Sustainability Standards in its first annual progress report on climate-related financial risks
Sarika Sharma ACA sets out the key aspects to consider when undertaking charity audits from threshold limits to planning, the Charity SORP to ISA compliance
The Financial Reporting Council (FRC) has sanctioned UHY Hacker Young over the audit of Laura Ashley Holdings and barred the firm from taking on PIE audits for two years
Deloitte has added 12 new charities in the UK to its nationwide responsible business programme, 5 Million Futures, as 1,300 staff took part in voluntary work in May
Accountancy firm Armstrong Watson is investing in continued expansion across the north west with the opening of the firm’s first office in Greater Manchester
Gross domestic product (GDP) grew by 0.5% in May 2022, after a decline of 0.2% in April 2022, according to the latest Office for National Statistics (ONS) figures
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