Business & Accountancy Daily | Business & Accountancy Daily

Latest news

Image for carillion ceo banned over ps200m misstatement accounts

Business | Carillion CEO banned over £200m misstatement of accounts

Richard Howson, who was chief executive officer of collapsed outsourcer Carillion for six years until July 2017, has been disqualified as a director for eight years for his role in the accounting scandal

5 Oct 2023

Business

Companies

Called to Account

Business | MHA signs deal with Meston Reid & Co

MHA has merged with Aberdeen firm Meston Reid & Co extending reach into Scotland and retaining all partners and staff

5 Oct 2023

Business

Accountancy Firms

Careers

Leadership & Management

Image for no more paper forms vat registration

Tax | No more paper forms for VAT registration

HMRC is ending the use of paper forms to register for VAT from mid-November, pushing the service online by default

5 Oct 2023

Finance | Legal updates: October 2023

Sophie Brookes and Debbie Shaw, Gateley, examine proposed changes to employee ownership trusts to stop tax abuse, AXA wins at Company Names Tribunal over misuse of its name and prospectus regime review

5 Oct 2023

Finance

Law and Regulation

Image for revamped charity return 2023 accounts released

Finance | Revamped charity return for 2023 accounts released

The financial reporting rules for charities have been overhauled with more questions about sources of income and funding in the 2023 Annual Return to improve transparency

5 Oct 2023

Business

Charities

Image for sign our webinar cpd rule changes accountants

HR | Sign up for our webinar on CPD rule changes for accountants

Our latest webinar focuses on the ICAEW overhaul of CPD for accountants and how to encourage your staff to develop a learning culture

5 Oct 2023

Business

Training & CPD

Careers

Leadership & Management

Image for motorway reveals ps127m accounting error

Finance | Motorway reveals £1.27m accounting error

Online used car marketplace Motorway has reported a £1.27m accounting error related to the reporting of share options over a three-year period

4 Oct 2023

Finance

Financial Reporting

Image for cyprus holding company promotes tax avoidance

Tax | Cyprus holding company promotes tax avoidance

A trio of employment agencies have broken tax rules by paying agency workers part of earnings tax free, including an agent of a Cypriot operation

4 Oct 2023

Tax

Employment Tax

Image for isa uk 505 updated reflect digital evidence

Finance | ISA (UK) 505 updated to reflect digital evidence

The Financial Reporting Council has revised ISA (UK) 505 External Confirmations auditing standard to make it clear how to verify external information, including digital sources, for audit evidence

4 Oct 2023

Auditing

Corporate Governance

Image for southend united fc avoids winding over ps275k tax bill

Tax | Southend United FC avoids winding up over £275k tax bill

The Court has dismissed HMRC’s winding up petition against Southend United Football Club as it has paid £275,000 tax bill

4 Oct 2023

Tax

HMRC

Image for tax specialist ryan drops catax name

Business | Tax specialist Ryan drops Catax name

Ryan has confirmed that it is sunsetting the Catax brand and integrating the research and development tax specialist into the wider firm

4 Oct 2023

Business

Accountancy Firms

Careers

Leadership & Management

Image for filing deadlines october december 2023

Tax | Filing deadlines: October - December 2023

Our handy guide to tax filing deadlines for paper personal, trustee and partnership tax returns due for 2022–23

4 Oct 2023

Tax

HMRC

Tax Compliance

Image for rare coin dealer banned ps155k fraud

Business | Rare coin dealer banned for £155k fraud

The boss of an Essex coin dealer has been banned for 11 years after a £155,499 fraud involving rare coins that were never supplied

4 Oct 2023

Business

Called to Account

Image for tc group acquires bsg valentine accountants

Business | TC Group acquires BSG Valentine accountants

TC Group has acquired London-based accountants BSG Valentine LLP and will rename the firm as part of ambitious growth plans

4 Oct 2023

Business

Accountancy Firms

Careers

Leadership & Management

Business | ICAEW requires 40 hours of CPD

Accountants will need to change their learning from November when ICAEW introduces mandatory CPD of up to 40 hours a year and compulsory ethics training

3 Oct 2023

Leadership & Management

Image for gift seller faked turnover claim ps50k covid loan

Business | Gift seller faked turnover to claim £50k covid loan

The director of a gift business has been banned from acting as a director after exaggerating turnover to fraudulently claim a covid bounce back loan

3 Oct 2023

Business

Companies

Called to Account

Image for sage group hires kpmg ps5m audit

| Sage Group hires KPMG for £5m audit

FTSE listed Sage Group plc has swapped Big Four auditors with the appointment of KPMG from 2025

3 Oct 2023

Corporate Governance

Image for cardiff double glazing company goes bust

Business | Cardiff double glazing company goes bust

A Cardiff based maker and seller of double glazed windows and doors has gone into administration putting over 500 jobs at risk

3 Oct 2023

Business

Restructuring & Insolvency

Image for armstrong watson snaps 3g financial

Business | Armstrong Watson snaps up 3G Financial

Armstrong Watson has acquired financial services firm 3G Financial to expand its financial planning business in Cumbria

3 Oct 2023

Business

Accountancy Firms

Careers

Leadership & Management

Image for ifrs smes amended 15 minimum tax rate

Finance | IFRS for SMEs amended for 15% minimum tax rate

The International Accounting Standards Board (IASB) has made temporary amendments to IFRS for SMEs accounting standard to take into account Pillar Two tax rules

3 Oct 2023

Tax | Q&A: tax on charitable donations for companies

In this week’s Q&A, Ria Dhillon, apprentice tax advisor at Croner-I, explains the tax implications of charitable donations made in an EU member state

3 Oct 2023

Tax

Business Tax

Tax Compliance

Image for graduates overpay ps16m student loans due tax error

Tax | Graduates overpay £1.6m on student loans due to tax error

Thousands of graduates have overpaid student loan repayments as HMRC's payroll software used national insurance in calculations

3 Oct 2023

Tax

Employment Tax

HMRC

Navigate

Tax Services

Latest news

Business | Carillion CEO banned over £200m misstatement of accounts

Business | MHA signs deal with Meston Reid & Co

Tax | No more paper forms for VAT registration

Finance | Legal updates: October 2023

Finance | Revamped charity return for 2023 accounts released

HR | Sign up for our webinar on CPD rule changes for accountants

Finance | Motorway reveals £1.27m accounting error

Tax | Cyprus holding company promotes tax avoidance

Finance | ISA (UK) 505 updated to reflect digital evidence

Tax | Southend United FC avoids winding up over £275k tax bill

Business | Tax specialist Ryan drops Catax name

Tax | Filing deadlines: October - December 2023

Business | Rare coin dealer banned for £155k fraud

Business | TC Group acquires BSG Valentine accountants

Business | ICAEW requires 40 hours of CPD

Business | Gift seller faked turnover to claim £50k covid loan

| Sage Group hires KPMG for £5m audit

Business | Cardiff double glazing company goes bust

Business | Armstrong Watson snaps up 3G Financial

Finance | IFRS for SMEs amended for 15% minimum tax rate

Tax | Q&A: tax on charitable donations for companies

Tax | Graduates overpay £1.6m on student loans due to tax error