Business &amp; Accountancy Daily

Business Tax

Image for company insolvency fears ease coming year

Business | Company insolvency fears to ease in coming year

The risk of insolvency for UK businesses have eased throughout the year, despite recent data showing liquidations hit a four-year high in May

27 Jun 2023

Restructuring & Insolvency

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Tax | HMRC tackles tax gap with more dawn raids

HMRC has increased its number of dawn raids by 9% to clamp down on tax evasion and tighten the tax gap, according to analysis by UHY Hacker Young

27 Jun 2023

Tax Compliance

Tax | Q&A: health checks for employees

In this week’s Q&A, Croner-i advisor Vanessa Matthews, talks about the tax treatment on health checks for employees and whether they fall within benefits in kind

27 Jun 2023

Business Tax

Employment Tax

Image for fixed recoverable costs regime counting cost

Finance | Fixed recoverable costs regime – counting the cost

A rule change in October means that businesses will have more certainty when pursuing a claim for debt through the courts, due to the fixed recoverable costs regime, explains Liam Tolen, senior associate at Ashfords LLP

26 Jun 2023

Finance

Financial Reporting

Law and Regulation

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Tax | Court of Appeal rejects IHT avoidance scheme

The Court of Appeal has dismissed the reversal of an 'entirely artificial' IHT avoidance scheme on the grounds of a mistake

26 Jun 2023

Business | Lettings manager jailed for £138k fraud

A lettings manager has been handed two and a half years behind bars following an investigation which found that she had stolen more than £138,000 from her former employer

26 Jun 2023

Tax | Tax issues for online influencers

As HMRC targets online influencers using social media as a platform to promote products, Robert Marchant, partner and head of corporate VAT, Crowe LLP, explains the tax pitfalls

26 Jun 2023

Finance | ISSB launches global sustainability disclosure standards

The ISSB has issued two new reporting standards aimed to improve trust and confidence in company disclosures about sustainability and climate change

26 Jun 2023

Tax | Tax Weekly plans tax management special edition

A special edition of Croner-i’s Tax Weekly will be published on 12 July focusing on tax management

26 Jun 2023

Tax Compliance

Business | Xeinadin buys up WoodWhite firm

Xeinadin has made the fourth acquisition of the year with the latest addition to the group, WoodWhite Accountants

26 Jun 2023

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Business | Adviser convicted over £2m investment fraud

A financial adviser has been convicted after cheating his clients out of £2m through an investment fraud scheme

23 Jun 2023

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Business | Public sector audit backlog threatens financial stability

MPs on the Public Accounts Committee (PAC) have called on the government to act ‘urgently’ to prevent further financial failures in local audit as unacceptable backlog grows

23 Jun 2023

Auditing

Image for one 10 people working books hidden economy

Tax | One in 10 people working off books in hidden economy

Nearly six million people are involved in the hidden economy and are not paying millions in taxes on those earnings, mainly as HMRC has no way of identifying them

23 Jun 2023

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HR | People in the news: Mazars, Scrutton Bland, BDO, PwC

In this week’s accountancy career moves, partner promotions and hires at PKF Littlejohn, PwC, Armstrong Watson, Ecovis Wingrave Yeats, BDO, PwC, Scrutton Bland, Mazars

23 Jun 2023

Careers

Leadership & Management

Image for lack inclusive culture lgbtq employees

HR | Lack of inclusive culture for LGBTQ+ employees

Only half of LGBTQ+ workers in the UK are comfortable being out about their sexual orientation with colleagues at work

23 Jun 2023

Careers

Leadership & Management

Image for tax ombudsman criticises hmrc service

Tax | Tax ombudsman criticises HMRC service

The number of taxpayer complaints about HMRC sent to the tax ombudsman fell in the last year despite continuing problems with service levels

23 Jun 2023

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Business | Call for tax incentives to push sustainable reporting

The UK needs tax incentives to support the introduction of sustainable reporting and drive net zero targets

23 Jun 2023