A Singapore based LLP has been called out for running an offshore tax avoidance scheme allowing contractors to avoid paying income tax and National Insurance
Rapid consolidation driven by the buy-up of multiple accountancy firms by large private equity investors is changing the face of accounting, says Robert Salvoni, chief operating officer at MyWorkpapers
The standard of financial reporting is ‘mixed’ with many companies failing to clearly explain material matters, too much boilerplate reporting and flagrant greenwashing in annual accounts
Charities in Scotland will face tougher oversight from April when the regulator will be able to force charities to address financial irregularities, extend scope of investigations and appoint interim trustees
The owner of an Indian takeaway has been given an 18-month suspended sentence after using the funds from a £30,00 covid bounce back loan for his own personal gain
Taxpayers are exasperated with the declining level of HMRC service with response levels rapidly deteriorating for five years in a row, leaving MPs ‘disappointed’
Rob Janering, partner at Crowe, explains how the option to tax for commercial property, previously known as an election to waive exemption, interacts with complicated VAT rules
Statutory audit fees have gone up by 127% in the last five years, equivalent to a £60,000 average hike, for the UK’s largest listed companies as costs rise at audit firms
In this week’s Q&A, Croner-i’s Stuart Farmer, considers the stamp duty land tax (SDLT) implications and available tax reliefs when transferring a property to a company via a limited liability partnership (LLP)
The Financial Reporting Council (FRC) has launched a fundamental review of the UK Stewardship Code 2020 to ensure it is fit for purpose and does not promote short-termism