Croner Intelligence workflows guide users from query to finished letter, Register for the Budget 2026 tax changes webinar now, and HMRC warns taxpayers to declare all qualifying income streams for MTD

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Business & Accountancy Daily

Latest news

Image for how accountants can support employee burnout

HR | How accountants can support employee burnout

Long hours, tight deadlines and a high pressure environment is causing an increase in cases of burnout across the accountancy workforce, but there is action employers can take, explains Cristian Holmes, chief executive at caba

24 Jan 2025

Leadership & Management

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Tax | HMRC to write to everyone with outstanding loan charge

HMRC will be writing to all taxpayers affected by loan charge by mid March to inform them if their disguised remuneration scheme is likely to fall within the remit of the McCann review

24 Jan 2025

Image for aab snaps second irish firm ps100m group

Business | AAB snaps up second Irish firm for £100m group

Private equity backed AAB Group has made a second deal in Ireland with the acquisition of Ormsby & Rhodes, breaking £100m revenue barrier

24 Jan 2025

Accountancy Firms

Image for non doms will leave despite concession chancellor

Tax | Non doms will leave despite concession from Chancellor

A last minute amendment to Finance Bill is unlikely to change non dom minds as accountants report many clients are planning to get out of the country in the next five years

24 Jan 2025

Image for people news pwc wbg saint co

HR | People in the news: PwC, Wbg, Saint & Co

In this week’s accountancy career moves, partner promotions and hires at Spencer Gardner Dickins, PwC, KPMG, Wbg, Saint & Co, PKF Smith Cooper, SEC

24 Jan 2025

Leadership & Management

Image for top 100 taxpayers see tax bill fall ps5bn

Tax | Top 100 taxpayers see tax bill fall to £5bn

A record number of the top 100 taxpayers in the country paid over £100m in tax, although the overall tax paid was down 6.8% on last year

24 Jan 2025

Image for struck oxford director ordered pay ps109k

Business | Struck off Oxford director ordered to pay £109k

A disqualified company director has been found guilty of continuing to act as one when disqualified has been ordered to pay £100,000 or face imprisonment after transferring company funds to his personal account

24 Jan 2025

Called to Account

Image for dwp strip benefit cheats driving licences

Tax | DWP to strip benefit cheats of driving licences

As a deterrent to fraudsters who are cheating the benefit system out of £7bn a year, the Department for Work and Pensions (DWP) has been given new powers to crack down on the issue

24 Jan 2025

HR | What employers need to know about neonatal care leave

Our CIPD HR-inform experts provide tips and advice on the new right to Neonatal Care Leave and Pay, coming into force on 6 April 2025

24 Jan 2025

Leadership & Management

23 Jan 2025

Image for loan charge review bring issue close says treasury

Tax | Loan charge review to bring issue ‘to a close’, says Treasury

The Treasury has brought in tax expert Ray McCann to lead a review of the contentious loan charge scheme, which has put HMRC and affected taxpayers at loggerheads

23 Jan 2025

Image for enquiry spotlight persistence and sound legal argument pays

Tax | Enquiry spotlight: persistence and sound legal argument pays off

In our exclusive new series focusing on complex HMRC cases, Bash Khanzada, HMRC enquiries consultant at Croner-i, explains how a major tax dispute between a trustee and HMRC was resolved

23 Jan 2025

International Tax

Image for harra hits back baseless criticism hmrc mps

Tax | Harra hits back at ‘baseless’ criticism of HMRC by MPs

After the Public Accounts Committee (PAC) slated HMRC’s customer service standards, outgoing CEO Sir Jim Harra rejected the report findings, saying he was ‘disturbed’ by their attitude

23 Jan 2025

Image for final decision loan charge review today

Tax | Final decision on loan charge review today

The Chancellor is due to issue a written statement about the loan charge review today with sources indicating an independent review is planned

23 Jan 2025

Image for ai cannot be relied make rd tax claims

Business | AI cannot be relied on to make R&D tax claims

Companies using AI tools to complete their research & development (R&D) tax relief claims risk having their claims rejected entirely if there is no human oversight

23 Jan 2025

AI & Technology

Image for frc takes wates oversight large private companies

Finance | FRC takes on Wates oversight of large private companies

The Financial Reporting Council is to take over governance of the Wates Principles for large private companies after departure of chair, the framework introduced after the collapse of BHS

23 Jan 2025

Financial Reporting

Corporate Governance

Image for 34m taxpayers still not filed self assessment tax return

Tax | 3.4m taxpayers still not filed self assessment tax return

With just one week to go, a third of taxpayers in self assessment have still not filed a 2023-24 tax return, risking an automatic £100 penalty

23 Jan 2025

Image for richest football clubs earn record ps94bn

Business | Richest football clubs earn record £9.4bn

The top 20 European football clubs reported record breaking revenues last season, up 11% with Real Madrid in number one slot, with nine English clubs in the top 20

23 Jan 2025

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Tax | Payments in financial distress

Emma Gross, partner at Spencer West LLP considers the tax implications and payments for redundancy when companies are going bust or entering administration

23 Jan 2025

22 Jan 2025

Image for bryan robson faces tax bill over ps300k man utd ambassador role

Tax | Bryan Robson faces tax bill over £300k Man Utd ambassador role

Former football legend Bryan Robson has partly won an appeal at the First Tier Tribunal after a dispute over his earnings and status as a club ambassador at Manchester United

22 Jan 2025

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Finance | Top tips on how to cease to act as auditor

Helen MacNeill FCA explains the procedures to follow when an audit firm resigns or steps down as auditor at listed and private companies with a focus on auditor cessation

22 Jan 2025

Audit Regulations

Corporate Governance

Image for dealing hike business asset disposal relief cgt rate

Tax | Dealing with hike in business asset disposal relief CGT rate

Tax expert Peter Rayney considers the implications of the hike in CGT business asset disposal relief (BADR) from April 2025 for owner managed businesses

22 Jan 2025

Image for pac slates hmrc degrading its own phone services

Tax | PAC slates HMRC for ‘degrading its own phone services’

The Public Accounts Committee (PAC) has slammed HMRC about its poor service standards, cuts to helplines and failure to listen to its ‘customers’ in the drive to push taxpayers online

22 Jan 2025

Image for hmrc scores ps12m win haalands record pay deal

Tax | HMRC scores £12m win from Haaland’s record pay deal

Manchester City striker Erling Haaland has just signed the longest contract in Premier League history but will not be the only one to prosper with HMRC set to take over £12m a year

22 Jan 2025

Image for capital gains tax revenue skyrockets 60 three months

Tax | Capital gains tax revenue skyrockets 60% in three months

December saw tax receipt increases across the board, with capital gains tax clearly being influenced by Labour’s first Budget while Conservative NICs cuts barely scratched the surface

22 Jan 2025

Inheritance Tax

Image for essex builder spent company funds ps75k audi

Business | Essex builder spent company funds on £75k Audi

Sole trader and director of Vasile Hrusca Ltd used money from corporate bank account to pay off personal car loan as well as funding his gambling habit before liquidation

22 Jan 2025

Called to Account

Image for hmrc scolded judge ps9k top slicing tax claim

Tax | HMRC scolded by judge in £9k top slicing tax claim

An appellant, represented by her husband, has had her top slicing tax relief claim thrown out of the First Tier Tribunal despite ‘inordinate’ responses from HMRC

22 Jan 2025

Croner Intelligence workflows guide users from query to finished letter, Register for the Budget 2026 tax changes webinar now, and HMRC warns taxpayers to declare all qualifying income streams for MTD

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