Following a number of tax disputes, HMRC has clarified the tax treatment of football agents’ fees and dual representation contracts, flagging the risk of compliance checks if tax rules are flouted 

The quality of HMRC service has hit ‘an all-time low’ with wait times on phone lines five times longer than just four years ago and online services unable to fill the gap

New accounting rules on leases and revenue recognition are designed to improve quality of financial statements and comparability but are ‘complex areas of financial reporting’