Business &amp; Accountancy Daily

Business Tax

Technology

Image for fish and chip shop loses ps109k vat dispute

Tax | Fish and chip shop loses £109k VAT dispute

A fish and chip shop owner has lost an appeal at First Tier Tribunal (FTT) over a dispute with HMRC relating to VAT assessments valued at £109,000

14 Sep 2022

Business | Detail on energy support for business delayed

The government is unlikely to release details about the support plan for businesses to help with energy bills before November

14 Sep 2022

Companies

| Sovereign Metals swaps Big Four auditor

AIM listed Sovereign Metals Limited has swapped Big Four auditors following the appointment of EY to handle the statutory audit

14 Sep 2022

Corporate Governance

Business | Inflation down slightly to 9.9%

Inflation fell to 9.9% in the 12 months to August 2022, down from 10.1% in July, helped by lower fuel prices

14 Sep 2022

Companies

Image for big four dominates transfer pricing market

Business | Big Four dominates transfer pricing market

The Big Four accounting firms exercise considerable power in the global economy, influencing cross-border tax policy on transfer pricing and general tax policy

14 Sep 2022

Image for tax brits purchasing and owning properties france

Tax | Tax for Brits purchasing and owning properties in France

Lea Maynard, senior paralegal at law firm Buckles, explains the tax implications for Brits buying and owning properties in France from capital gains tax to domicile issues

13 Sep 2022

Tax | Q&A: trusts and 10-year tax charges

In this week’s Q&A, Croner-i tax advice consultant Kiya Jacobs, considers the tax liability for trusts facing 10-year charges and exit arrangements

13 Sep 2022

Personal Tax

Tax Compliance

Image for private ambulances win zero vat ruling tribunal

Tax | Private ambulances win zero VAT ruling at tribunal

A private ambulance provider has won a First Tier Tribunal (FTT) appeal over a dispute that hire of their vehicles should not be charged VAT at 20%

13 Sep 2022

VAT

HMRC

Image for no inheritance tax payable queens estate

Tax | No inheritance tax payable on Queen’s estate

Following changes to the law in the 1990s, no inheritance tax payable will be payable on the Queen's estate

13 Sep 2022

Personal Tax

Image for ifac sets out anti corruption guidance accountants

Business | IFAC sets out anti-corruption guidance for accountants

The International Federation of Accountants (IFAC) has issued an action plan to help accountants combat money laundering, fraud, and corruption

13 Sep 2022

Image for driver group hires kreston reeves auditor

| Driver Group hires Kreston Reeves as auditor

AIM listed Driver Group plc, the global professional services consultancy to the construction and engineering industries, has changed auditors

13 Sep 2022

Corporate Governance

Image for accountancy firm hurst looking school leavers

Business | Accountancy firm Hurst looking for school leavers

Accounting and business advisory firm Hurst is offering school leavers the chance to join its trainee accountant scheme for the first time in its 40-year history

13 Sep 2022

Careers

Image for consultation changes ifrs smes

Finance | Consultation on changes to IFRS for SMEs

The International Accounting Standards Board (IASB) is consulting on proposals to update the IFRS for SMEs accounting standard to reflect changes to wider IFRS, including revenue recognition

12 Sep 2022

Finance

Audit Consultations

Image for uk economic growth slower expected

Business | UK economic growth slower than expected

The UK economy saw growth of 0.2% in July, following a sharp fall of 0.6% in the previous month, according to the Office for National Statistics (ONS)

12 Sep 2022

Image for construction worker jailed ps260k tax fraud

Business | Construction worker jailed for £260k tax fraud

One man has been jailed and three others sentenced after attempting to steal £260,000 in fraudulent tax repayments

12 Sep 2022

Called to Account

Image for tax collected through vat increases 60

Tax | Tax collected through VAT increases by 60%

The tax collected from VAT in the UK has risen by 60% over the last decade, increasing from £98bn to £157bn in the last year, according to Thomson Reuters

12 Sep 2022

HR | Universities ranked for landing a job at a Big Four

London School of Economics and Political Sciences (LSE) ranked as the best university for landing a role at a Big Four accountancy firm, with 5,776 graduates working for PwC, Deloitte, EY, or KPMG

12 Sep 2022

Careers

Image for accountancy firms and client onboarding

Business | Accountancy firms and client onboarding

Securing new business is the first step in growing an accountancy practice, but the trick is to onboard clients effectively, explains Simon Leek, founder of FibreCRM

12 Sep 2022