A jeweller has won an appeal at the First Tier Tribunal over whether a £1.2m VAT bill was liable for a reduced rate as the jewellery imported into the UK was made from exported gold
In this week’s Q&A, Stephen Fletcher, Croner-i explains the income tax implications of distributions from stocks and shares in a UK and overseas company
The former boss of Norton Motorcycles has been banned from acting as a pension trustee after he illegally invested nearly £11m of employee pension scheme money into the business before its collapse
Despite a shortage of candidates, newly qualified accountants are facing an unexpected salary dip when first entering the workforce with salaries down 10%
A construction employment agency run by a sole director has lost a case at the First Tier Tribunal after it failed to check whether suppliers were involved in tax fraud
The government is facing growing calls from MPs and Lords to include the delayed Audit Reform Bill in the King’s Speech next week to improve audit quality
The government is going ahead with plans to tighten up the accounts filing framework for small companies with mandatory profit and loss figures but has not set out implementation timetable
After dropping plans to split the firm, EY has reported a 16% hike in fee income to £3.8bn driven by strong growth in tax and consulting, but partner profits fell
The Economic Crime Act gives Companies House powers to remove fake businesses from register of companies while failure to prevent fraud offence puts liability on company directors
In this week’s accountancy career moves, partner promotions and hires at PKF Smith Cooper, Alvarez & Marsal Tax LLP, Rayner Essex, Baker Tilly Mooney Moore