Business &amp; Accountancy Daily

Restructuring & Insolvency

HMRC

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Business | Evelyn Partners snaps up Creaseys Group

Evelyn Partners has acquired accountants Creaseys Group based in Tunbridge Wells, Kent, in third acquisition of the year

3 Nov 2023

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Business | People in the news: Grant Thornton, MHA, Wilson Wright

In this week’s accountancy career moves, partner promotions and hires at Moore Kingston Smith, PwC, Larking Gowen, MHA, Grant Thornton, Wilson Wright, Raffingers

3 Nov 2023

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Business | Accountancy firms responsible for 1m tons of GHG emissions

A group of 10 accountancy firms have achieved ‘On the Road to Net Zero’ certification, helping to address the profession’s green house gas emissions

3 Nov 2023

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Tax | Sheffield Wednesday avoids penalty by paying tax bill

Championship football club, Sheffield Wednesday has escaped a transfer embargo after paying outstanding wages and a tax bill totalling £2m

3 Nov 2023

HMRC

Tax Compliance

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Tax | La Perla faces closure over unpaid £2.8m tax bill

Luxury lingerie company La Perla is going to be wound up after it failed to pay a £2.8m tax bill to UK tax authorities

2 Nov 2023

Business | Jean Stephens to step down as head of RSM International

RSM International has confirmed that long-serving CEO Jean Stephens will quit as CEO at the accounting network next May after 17 years

2 Nov 2023

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Business | Public sector procurement opened up for SMEs

SMEs will have more access to public sector contracts following the introduction of the Procurement Act 2023 with changes due to come into effect in October 2024

2 Nov 2023

Business | Six-month deadline to resolve banking complaints via BBRS

SMEs with unresolved complaints with their banks are being urged to use the free Business Banking Resolution Service, which covers seven of the largest banking groups

2 Nov 2023

Companies

Business | Interest rate held at 5.25%

The Bank of England has left interest rates unchanged at 5.25% for the second month running, with no likelihood of a rate cut until mid 2024 at the earliest

2 Nov 2023

Companies

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Tax | Accountants call for drastic improvements to HMRC service

Accountants are struggling to work with HMRC at even the most basic level and are calling for urgent improvements

1 Nov 2023

HMRC

Tax Compliance

Finance | Legal updates: accountant's disclaimer of liability

In this month’s legal news, Debbie Shaw, Gateley plc examines issues in accountant’s disclaimer of liability challenge at High Court over lack of engagement letter, and novated debt at Oldham Athletic Football Club

1 Nov 2023

Finance

Financial Reporting

Law and Regulation

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Business | Bina Mehta confirmed as KPMG UK chair

KPMG has reappointed Bina Mehta as chair following an overwhelming vote by the firm’s partnership in favour of her continuation in role

1 Nov 2023

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Tax | Buy to let landlords earned £48.8bn from property

Total property income declared by unincorporated landlords in 2021-22 was £48.8bn, up from £46.3bn the previous year

1 Nov 2023

Property Tax

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Business | Failure to prevent fraud rule raises liability for directors

The failure to prevent offence in the Economic Crime and Corporate Transparency Act will be a game-changer for companies and senior management, lawyers warn

1 Nov 2023

Business | 25% rise in companies at risk of collapse

A growing number of companies in the construction and property sectors face critical financial risks due to the pressure of higher interest rates, sticky inflation and weak demand

1 Nov 2023

Restructuring & Insolvency

Companies

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Tax | Filing deadlines: November - December 2023

Our handy guide to tax filing deadlines for P46 forms and corporation tax returns due for accounting periods ended 30 November 2022

1 Nov 2023

Tax Compliance

Tax Planning

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Business | Social mobility a priority for PwC, GT and KPMG

Three of the top accountancy firms have been named as the best employers promoting social mobility and hiring staff from diverse backgrounds

1 Nov 2023

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Business | BDO promotes 30 partners across all disciplines

BDO LLP has promoted 30 partners and nearly 2,300 people - almost a third of the entire firm - across its audit, tax, advisory and operational teams

1 Nov 2023

Tax | CPD module: VAT error correction

In this month's exclusive Accountancy Daily CPD learning module, we focus on how to avoid VAT errors, correct filings and ensure your returns are accurate

1 Nov 2023