Business & Accountancy Daily | Business & Accountancy Daily

Latest news

Image for top tips filling your tax return

Tax | Top tips for filling your tax return

Dawn Register, tax partner at BDO has put together 12 top tips to help you complete your tax return in time for 31 January deadline

24 Jan 2023

Tax | Q&A: divorce and capital gains tax on property sale

In this week’s Q&A, Amaira Badat, tax adviser at Croner-i, considers the capital gains tax implications when a divorcing couple has several properties

24 Jan 2023

Tax | Tax take hits £553bn as threshold freeze bites

Total tax receipts have hit £553.2bn so far this year, up £48bn on the same period a year earlier, with a £1.7bn boost from the windfall tax on energy producers

24 Jan 2023

Business | Companies in critical financial distress up 36%

The number of companies rated as being under critical financial distress continues to rise rapidly as debt accumulates

24 Jan 2023

Business

Companies

Accountancy Firms

Image for double digit growth rsm global revenue hits 8bn

Business | Double digit growth as RSM global revenue hits $8bn

Global accounting network RSM has reported revenue of $8.13bn (£6.61bn) for 2022 and launched its 2030 global strategy focused on streamlining services across the group

24 Jan 2023

Business

Accountancy Firms

Careers

Leadership & Management

Image for 34m still need file tax return

Tax | 3.4m still need to file tax return

Around 3.4 million people are yet to file their self assessment tax returns, despite there being less than a week to go before the deadline

24 Jan 2023

Tax | Call for tax on super rich to tackle inequality

The global super rich should be charged taxes as high as 70% to help tackle growing inequality, according to economist Joseph Stiglitz

24 Jan 2023

Tax | Marketing agency loses £283k VAT appeal

A marketing company has lost a First Tier Tribunal (FTT) appeal over VAT assessments and penalties

23 Jan 2023

Tax | PM orders ethics probe into Zahawi’s tax affairs

Rishi Sunak has asked his independent ethics adviser to investigate former chancellor Nadhim Zahawi’s tax affairs as ‘questions need answering’

23 Jan 2023

Tax | 40% taxpayers set to increase by 1.1m

HMRC expects over a million more people to be caught by higher rate 40% tax within four years

23 Jan 2023

Tax

Personal Tax

Image for accountant jailed ps150k fraud

Business | Accountant jailed for £150k fraud

An accountant from Gloucester has been jailed for two years after defrauding three businesses of almost £150,000 between April 2016 and June 2017

23 Jan 2023

Business | Melton and Maldon pay best hourly rates

Melton in Leicestershire and Maldon in Essex have seen the biggest hikes in hourly pay as city locations no longer dominate the earnings league table

23 Jan 2023

Business

Companies

Accountancy Firms

Image for investment will drop without super deduction tax break

Tax | Investment will drop without super-deduction tax break

The head of the CBI is calling on government to focus on providing tax breaks for businesses to encourage investment and support the stalling economy

23 Jan 2023

Tax | Top 20% pay two thirds of all income tax

Over half of individuals live in households which receive more in benefits, including ‘benefits in kind’ such as health and education spending, than they paid in taxes

23 Jan 2023

Tax

Personal Tax

Image for sky rugby commentator wins ps695k ir35 case

Tax | Sky rugby commentator wins £695k IR35 case

A former rugby player and Sky commentator has won an IR35 case against HMRC over a disputed tax bill for £695,000

20 Jan 2023

| HSBC reappoints PwC to handle £104m audit

Following a competitive tender, Big Four firm PwC has been reappointed as statutory auditor for global banking group HSBC

20 Jan 2023

Corporate Governance

Image for lack progress audit reform carillion fallout

| Lack of progress on audit reform since Carillion fallout

Five years on, ICAEW chief executive warns that a long overdue overhaul of audit and corporate governance reform risks being ‘kicked into the long grass’

20 Jan 2023

Corporate Governance

Image for half sole traders yet file self assessment returns

Tax | Half of sole traders yet to file self assessment returns

More than half of sole traders have not started their self assessment tax returns with only 11 days to go until the filing deadline

20 Jan 2023

Business | Deloitte acquires investment technology firm

Deloitte has completed the purchase of the assets and business of Reformis, a specialist investment management technology and data firm

20 Jan 2023

Business

Accountancy Firms

Careers

Image for doug barrowman tax firm flagged avoidance schemes

Tax | Doug Barrowman tax firm flagged for avoidance schemes

AML Tax has been called out by HMRC for three tax avoidance schemes it is offering taxpayers

20 Jan 2023

HR | People in the news: BDO, Streets Whittles, Evelyn Partners, Deloitte

In this week’s accountancy career moves, partner promotions at BDO, Cowgills, Crowe, Evelyn Partners, Wilder Coe

20 Jan 2023

Business

Careers

Leadership & Management

Image for manchester city named highest earning football club

Business | Manchester City named highest earning football club

The 20 highest revenue generating clubs in world football earned €9.2bn (£8bn) in the 2021/22 season, topped by Manchester City

20 Jan 2023

Business

Companies

Image for top rate welsh taxpayers pay 40 income tax

Tax | Top rate Welsh taxpayers pay 40% of income tax

The amount of income tax raised from Welsh taxpayers increased by £216m to £2.3bn for tax year 2021-22, up from £2.1bn

20 Jan 2023

Tax | 15% base corporation tax set to raise $220bn

The 15% base corporate tax rate for multinationals is set to raise $220bn (£178bn) from global businesses, $70bn (£57bn) higher than expected, says OECD

20 Jan 2023

Tax

Business Tax

International Tax

Image for icaew calls overhaul p11d process

Tax | ICAEW calls for overhaul of P11D process

ICAEW’s Tax Faculty has called on HMRC to improve P11D forms to make it easier for employers to complete

20 Jan 2023

Navigate

Tax Services

Latest news

Tax | Top tips for filling your tax return

Tax | Q&A: divorce and capital gains tax on property sale

Tax | Tax take hits £553bn as threshold freeze bites

Business | Companies in critical financial distress up 36%

Business | Double digit growth as RSM global revenue hits $8bn

Tax | 3.4m still need to file tax return

Tax | Call for tax on super rich to tackle inequality

Tax | Marketing agency loses £283k VAT appeal

Tax | PM orders ethics probe into Zahawi’s tax affairs

Tax | 40% taxpayers set to increase by 1.1m

Business | Accountant jailed for £150k fraud

Business | Melton and Maldon pay best hourly rates

Tax | Investment will drop without super-deduction tax break

Tax | Top 20% pay two thirds of all income tax

Tax | Sky rugby commentator wins £695k IR35 case

| HSBC reappoints PwC to handle £104m audit

| Lack of progress on audit reform since Carillion fallout

Tax | Half of sole traders yet to file self assessment returns

Business | Deloitte acquires investment technology firm

Tax | Doug Barrowman tax firm flagged for avoidance schemes

HR | People in the news: BDO, Streets Whittles, Evelyn Partners, Deloitte

Business | Manchester City named highest earning football club

Tax | Top rate Welsh taxpayers pay 40% of income tax

Tax | 15% base corporation tax set to raise $220bn

Tax | ICAEW calls for overhaul of P11D process