Two sisters have lost a First Tier Tribunal (FTT) appeal against a closure notice from HMRC over disputed stamp duty land tax (SDLT) payments over access to a communal garden
The government is reviewing the payment practices regulations with a view to including the financial value of late payments instead of just the number of paid invoices
Self-employed traders with profits below the small profits threshold can still pay class 2 National Insurance contributions (NIC) to top up their state pension eligibility, says ICAEW
Nearly 13,000 offshore companies owning own properties in the UK missed the deadline to declare their ownership details on the Register of Overseas Entities
The boss of a Midlands scaffolding firm was given a £50,000 bounce back loan after inflating company turnover, then transferring funds for personal use
In this week’s Q&A, Julian Payne, tax advisor at Croner-i, explains the key issues to consider when preparing year end accounts after changing the year end from December to June
HMRC needs to improve compliance capability to crack down on abuse of the research and development (R&D) tax credit system, says influential House of Lords Economic Affairs Committee
The Charity Commission has launched an inquiry into altruism charity, Effective Ventures Foundation, as it received substantial funding from charity arm of collapsed US cryptocurrency exchange FTX
A director has lost a First Tier Tribunal (FTT) appeal over a dispute regarding late filing penalties between 2017 and 2018, which were filed more than 1,000 days late
With supply chain problems, war in Europe and an increasingly uncertain economic outlook, Devi Shah, partner, and Christopher Street, senior associate in Mayer Brown’s restructuring team, explore the options for companies experiencing financial distress
The former Chancellor Nadhim Zahawi has been sacked as chairman of the Conservative party following an ethics inquiry into the handling of his tax affairs
The Financial Reporting Council (FRC) plans to monitor auditors more closely to make sure they are correctly following ESG reporting requirements in company audits, as many firms admit widespread confusion
Regional airline Flybe has gone into administration with the majority of staff losing their jobs, just two years since the company was rescued by private equity investors
The length of listed company annual reports has ballooned in size by 46% in just five years due to increased reporting requirements and repetitive commentary
The level of mergers and acquisitions (M&A) activity in 2022 slowed down from its record-setting 2021 activity to pre-pandemic levels, with economic headwinds affecting the volume of deals completed
The Insolvency Service is now banning around 35 directors per month for Covid support scheme abuse, almost treble the previous year, although few lead to convictions
Menu toggle
