Business &amp; Accountancy Daily

Accountancy Firms

Leadership & Management

Image for superdry reports results financial control issues remain

| Superdry reports results as financial control issues remain

Listed fashion retailer Superdry’s accounts have been signed off by RSM after delaying their release as new auditors required more time

1 Sep 2023

Corporate Governance

Image for nhs manager jailed ps500k invoice fraud

Business | NHS manager jailed for £500k invoice fraud

A former NHS manager who used his dead wife’s email to cover his tracks to steal over £500,000 from taxpayers has been jailed for three years

1 Sep 2023

Accountancy Firms

Called to Account

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Tax | Filing deadlines: September - December 2023

Our handy guide to tax filing deadlines for VAT returns for quarter ended 31 July 2023 and corporation tax return for year ends of 30 September 2022

1 Sep 2023

Tax Compliance

Tax Planning

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Business | One in three SMEs rely on accountants for advice

More than a third of SMEs turned to accountants last year for information and advice on their finances

1 Sep 2023

Accountancy Firms

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HR | People in the news: Crowe, Scrutton Bland, Hall Morrice

In this week’s accountancy career moves, partner promotions and hires at Crowe, Scrutton Bland, Hall Morrice, Azets, Carpenter Box and Financial Reporting Council

1 Sep 2023

Careers

Leadership & Management

Image for duo umbrella companies put agency staff tax risk

Tax | Duo of umbrella companies put agency staff at tax risk

HMRC has warned that two more umbrella companies, Pay Rec and Prime Umbrella Services, are paying agency staff without income tax and National Insurance

1 Sep 2023

Employment Tax

Personal Tax

Image for superdry delays results rsm auditors need more time

| Superdry delays results as RSM auditors need more time

Recently hired auditor RSM has been given an extension to complete the £3m audit for listed fashion retailer Superdry as accounts filing deadline passes

31 Aug 2023

Corporate Governance

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Tax | What does the future hold for R&D tax relief?

Plans for an overhaul of research and development tax reliefs need to be finetuned to ensure a merged system is effective, warns Nigel Holmes, director, research and development, Ryan

31 Aug 2023

Business Tax

Consultations

Image for saudi pro league gold mine or potential tax trap

Tax | Saudi pro league: gold mine or potential tax trap?

Playing football in a tax free state might seem like the ideal scenario, but there are tax implications for UK players due to complex residency rules, warns RSM

31 Aug 2023

Finance | Switzerland plans register of business owners

The Swiss government has outlined proposals to tighten up anti money laundering rules and create a government register of business ownership

31 Aug 2023

Finance

Financial Reporting

Image for property sales drop 16 year risking tax take

Tax | Property sales drop 16% in a year risking tax take

Residential property sales fell sharply in the past year as months of interest rate rises squeezed first time buyers out of the market putting vital tax revenues at stake

31 Aug 2023

Property Tax

Image for tax relief innovation ignores small business needs

Tax | Tax relief for innovation ignores small business needs

Small companies need more government support to invest in innovation and technology after research and development tax reliefs scaled back, says Federation of Small Businesses

31 Aug 2023

Business Tax

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Finance | Accounts disclosure checklists: what you need to know

Dave Rowley CPFA takes you through the basics of selecting, using and completing a disclosure checklist to finalise accounts following the launch of Croner-i’s disclosure checklist software

30 Aug 2023

Business | Director given curfew after abusing £50k bounce back loan

A company director has been banned and given a nightly curfew after claiming the maximum £50,000 bounce back loan and dissolving his company to avoid repayment

30 Aug 2023

Called to Account

Image for plumber jailed ps20k bounce back fraud

Business | Plumber jailed for £20k bounce back fraud

A director of a Hampshire plumbing and heating installation company who illegally took out a bounce back loan has been jailed for eight months

30 Aug 2023

Called to Account

Image for lack tax efficient investment advice taxpayers

Tax | Lack of tax-efficient investment advice for taxpayers

Despite frozen tax thresholds and more taxpayers paying higher rate tax, only 40% of advisers offer specialist advice on tax-effective investments

30 Aug 2023

| Standard Chartered swaps South African joint auditor

In line with audit rotation rules, Standard Chartered Bank will change one of the joint auditors for its South African banking operation with a move to Deloitte from 2026

30 Aug 2023

Corporate Governance

Image for business confidence reduces recession risk

Business | Business confidence reduces recession risk

More than half of medium sized businesses are confident about future growth and are performing well, defying inflationary pressures, reveals RSM Index

30 Aug 2023

Leadership & Management

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Tax | VAT changes for community pharmacies

Potential tax issues may arise for pharmacies following plans to provide new funding to expand their community services, warns Ellen Main-Jeffrey, head of VAT services at Burgis & Bullock

30 Aug 2023