Business &amp; Accountancy Daily

Image for beckenham church flagged misconduct over ps948k property loan

Finance | Beckenham church flagged for misconduct over £948k property loan

A Christian outreach centre in Beckenham has been pulled up for misconduct by the Charity Commission over a £948,450 unsecured loan made to a property developer for a build in Dubai

12 Jul 2024

Charities

Image for labour set out plans audit reform due course

| Labour to set out plans for audit reform 'in due course'

The possibility of swift progress on audit reform will be keenly watched as the Department for Business said it plans to 'set out further detail in due course'

12 Jul 2024

Corporate Governance

Image for people news blick rothenberg haysmacintyre crowe

HR | People in the news: Blick Rothenberg, haysmacintyre, Crowe

In this week’s accountancy career moves, partner promotions and hires at PKF Littlejohn, Blick Rothenberg, haysmacintyre, Grant Thornton, EY, Crowe, Armstrong Watson, Interpath, IFA

12 Jul 2024

Careers

Image for what are rules around employing young people

Business | What are the rules around employing young people?

With the summer holidays approaching, a number of local young people will be looking for summer jobs, but further considerations needs to be taken into account for those under 18

12 Jul 2024

Companies

Image for celebs plead not guilty finfluencer hearing

Business | Celebs plead not guilty in finfluencer hearing

Reality TV personalities were called to Southwark Crown Court on 11 July to face charges of promoting financial advice to their social media followers

12 Jul 2024

Law & Guidance

Image for fca overhauls listing rules grow stock market

Business | FCA overhauls listing rules to grow stock market

Changes to UK listing rules are the biggest shake-up for over three decades allowing greater risk for investors with new eligibility criteria

12 Jul 2024

Companies

Law & Guidance

Image for autonomy cfo given 20 year ban acting accountant

Business | Autonomy CFO given 20-year ban from acting as accountant

The former CFO of software company Autonomy has been given a 20-year ban from working as an accountant as ‘misconduct was so damaging’

11 Jul 2024

Image for automatic paye refunds will no longer be issued

Tax | Automatic PAYE refunds will no longer be issued

HMRC has stopped posting out automatic cheques for tax refunds in the mail, forcing individual employees to register a claim online to ensure they receive repayment of PAYE

11 Jul 2024

Business | Minister wants feedback from business in first 100 days

Business and trade secretary Jonathan Reynolds has called on companies to provide feedback on their priorities for kickstarting the economy

11 Jul 2024

Companies

Image for demolition accountants man cave reveals gigantic site

Business | Demolition of accountant’s man cave reveals gigantic site

The bulldozers are working at speed to dismantle an enormous man cave after accountant millionaire owner lost 10-year fight to keep it

11 Jul 2024

Law & Guidance

| Good signs for GDP as it rises 0.4%

GDP grew 0.4% in May with the construction industry finally showing positive growth

11 Jul 2024

Image for ams group snaps loan deal fund ma

Business | AMS Group snaps up loan deal to fund M&A

Manchester-based accountancy firm, AMS Group secures funding to accelerate acquisition strategy with loan facility from OakNorth

11 Jul 2024

Image for record label liquidation slapped ps45m tax bill

Tax | Record label in liquidation slapped with £4.5m tax bill

A record label owner, dairy farmer and delivery driver alone have racked up £11m in tax bills after being found to be deliberate tax defaulters

11 Jul 2024

Business | Johnston Carmichael names Lynne Walker as CEO

Top 25 firm Johnston Carmichael has reshaped its leadership team with the appointment of its first senior partner and a new CEO to jointly run the firm

11 Jul 2024

Image for jeremy vine challenges hmrc over ir35 tax dispute

Tax | Jeremy Vine challenges HMRC over IR35 tax dispute

BBC presenter Jeremy Vine is set to go to the tax tribunal over an IR35 dispute with HMRC over his employment status when working for the broadcaster

10 Jul 2024

| Burford swaps to KPMG for £4m audit

Listed Burford Capital has appointed Big Four firm KPMG as auditor after 14-year tenure by EY

10 Jul 2024

Corporate Governance

Image for hmrc launches vat registration estimator

Tax | HMRC launches VAT registration estimator

HMRC has launched a digital tool to help businesses estimate what registering for VAT means for them under the raised £90k threshold

10 Jul 2024

Tax | £100m paid in school fees before election

Parents have paid up to eight years of school fees in advance ahead of Labour’s win on Thursday but VAT experts believe this could still be taxed

10 Jul 2024

Tax

Personal Tax

VAT

Business | Menzies merges with Rollings Butt

Menzies LLP has joined forces with London-based business restructuring firm Rollings Butt as part of its ongoing growth strategy

10 Jul 2024

Image for bdo reshapes leadership team tax and audit changes

Business | BDO reshapes leadership team with tax and audit changes

Mid-tier firm BDO has overhauled leadership team as incoming managing partner, Mark Shaw, promises ‘a mix of continuity and new faces’

10 Jul 2024