A former Celebrity Big Brother contestant has lost a First Tier Tribunal (FTT) appeal over capital gains tax totalling £1m related to his residency in the UK
The Financial Reporting Council (FRC) has issued guidance for audit firms on eligibility criteria related to implementation of quality management rules and audit performance
A head of payments at the University of Brighton has been jailed for six years after he fraudulently acquired more than £2.4m in cash over three decades
The Serious Fraud Office (SFO) has secured over $7,699,204 (£6.3m) from convicted money launderer, Mario Ildeu de Miranda, after he used a UK bank to launder funds
The director of a flooring company has won a First Tier Tribunal (FTT) appeal over VAT assessments totalling £90,753 related to whether VAT had been deliberately evaded by the company
The government will tighten up the rules when an asset is disposed of under an unconditional contract so that HMRC has up to four years to investigate taxpayers
A number of administrative changes to the enterprise management incentives (EMI) scheme will be introduced in April 2023 to simplify the application process
As part of tax simplification, the government plans to reform cash basis accounting rules by increasing the turnover threshold, possibly to £1.35m, to allow more businesses to use the system
As the Chancellor set out his plans in the Budget, accountants and auditors reacted with disappointment, specifically at the lack of support for small businesses
In the Budget, the Chancellor announced a ‘Brexit pubs guarantee’ to keep the tax on beer and cider up to 11p lower than supermarkets, but wine and spirit prices soar
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