Chartered accountant and membership organisation careerist Alan Vallance has been appointed as ICAEW chief executive, replacing Michael Izza who is retiring after 17 years
HMRC has won a long-running case against a software company after the Supreme Court ruled that a share option given to a director should be taxed as employment income
ICAEW is planning to raise the minimum level of cover on professional indemnity insurance claims to £2m for large accounting firms to offset the rising cost of claims and inflation
HMRC is writing to taxpayers who will incur a tax liability on their state pensions removing them from self assessment, but are providing no indication of how the tax will be collected, says Sara Bonavia, associate director at RSM
Government plans to introduce two-year jail sentences for tax avoidance abuse could backfire if promoters move offshore to avoid risk, accountants warn Lords committee
Accountancy bodies have called for a one-year delay to the rollout of new R&D tax rules, and criticised the inadequate consultation and lack of guidance during a House of Lords hearing. Sara White reports
My client owns an accountancy firm employing a dozen people. They recently put the business up for sale and have been approached with a good offer they want to accept. The new owners will continue to run the business and will also employ the staff. Does my client need to say anything to the staff?