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Business | LLP partners: self-employed or employees post Bluecrest

Mark Waddilove, partner at RSM, considers the tax status of partners in limited liability partnerships after the Bluecrest decision

6 Feb 2025

Finance | Is your company now exempt from audit?

Changes to company size thresholds mean a significant number of businesses will no longer have to conduct an audit, explains Anand Singh ACA

6 Feb 2025

Business | Croner-i and KPMG UK sign alliance on tax content driven by AI

Croner-i has announced an alliance agreement with KPMG UK to integrate Croner-i’s tax content into KPMG’s information services, driven by highly intuitive AI and search functionality

6 Feb 2025

Business | Simon Cowell agency hives off £8m accountancy arm

Talent agency YMU has sold the accountancy arm of the business to the directors in a management buyout, rebranding as OJK

6 Feb 2025

Business | Interest rate cut to 4.5% amid warning on inflation

In an expected move, the Bank of England has cut the base rate by 0.25% although two members wanted to cut to 4.25% as Andrew Bailey warns inflation could rise to 3.7% this year

6 Feb 2025

Business

Companies

Accountancy Firms

Image for aylesbury financial controller jailed ps223k fraud

Business | Aylesbury financial controller jailed for £223k fraud

A geospace tech company in Oxfordshire had £223,000 stolen by a former financial controller who used the money to feed his ‘out of control’ gambling habit

6 Feb 2025

Business

Called to Account

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Tax | Enquiry spotlight: HMRC and the intricacies of R&D tax

Rocky Webb CTA, HMRC enquiries consultant at Croner-i, helps an SME save a £232,000 R&D tax relief claim rejected by HMRC

6 Feb 2025

HR | RSM moves Milton Keynes office for hybrid shift

RSM has relocated to a new office in Milton Keynes to accommodate changing work patterns and support future growth

6 Feb 2025

HR

Work

Careers

Leadership & Management

Image for cornerstone tax avoidance scheme wholly wrong

Tax | Cornerstone tax avoidance scheme ‘wholly wrong’

Two property buyers have lost a request to appeal against a £19,997 tax bill incurred after using a widely marketed and aggressive tax avoidance scheme to avoid stamp duty

5 Feb 2025

Tax | HMRC advisers not using AI on helpline calls

Plans to roll out more artificial intelligence (AI) across government needs closer collaborative working between departments to reduce potential risks

5 Feb 2025

Tax

HMRC

Technology

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Business | Companies call for lower tax and employment law changes

The Institute of Directors is lobbying the government for ‘targeted changes’ to the Employment Rights Bill to improve business confidence and reduce the tax burden

5 Feb 2025

Tax | US pulls out of UN plan for international tax rules

The US has withdrawn from controversial new United Nations led international tax framework to replace OECD rules, saying it has ‘profound objection’ to proposal

5 Feb 2025

Tax

International Tax

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Business | Blick Rothenberg snaps up Greenback Alan

Private equity backed Blick Rothenberg has acquired Japan specialist Greenback Alan LLP in a move to strengthen client offering in Asia

5 Feb 2025

Business

Accountancy Firms

Private Equity

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Finance | CPD module: audit exemptions for companies

In this month’s exclusive free CPD module, we focus on audit exemptions for companies

5 Feb 2025

Business | Correction: Richard Emmett acquitted

In an article entitled SFO targets jailed solicitor’s ex-wife’s £1.5m Lake District house published on 20 January 2025, we incorrectly reported that Mr Richard Emmet (correct spelling: Richard Emmett) was involved in the Axiom Litigation Finance Fund Fraud. We apologise for this error.

5 Feb 2025

Business

Companies

Image for loan charge sorry episode needs be resolved

Tax | Loan charge: sorry episode needs to be resolved

Glyn Fullelove, editor-in-chief of Croner-i Tax Weekly, says the focus on removing the barriers to resolving outstanding tax liabilities is the right one in the McCann review, but warns the loan charge is a disproportionate tool

4 Feb 2025

Business | ACCA accountant jailed for £268k Covid fraud

An ACCA trained accountant and serial Covid fraudster has been jailed for over three years after abusing Covid support systems to attempt to claim over £300,000

4 Feb 2025

Business

Accountancy Firms

Called to Account

Image for qa non doms and remittance basis issue

Tax | Q&A: non doms and remittance basis issue

In this week’s Q&A, Croner-i’s Manpreet Sahota explains the tax implications for a non-dom wishing to bring funds into the UK for a one-off present for a child

4 Feb 2025

Tax | 1.1m taxpayers missed tax return deadline

Over a million people face an automatic £100 fine for failing to file their tax returns on time while just over 300,000 still used old school paper returns

4 Feb 2025

Business | Goldman Sachs insider trader must repay £586k

A former analyst for Goldman Sachs has been ordered to pay a confiscation order within three months or face a further five years in prison

4 Feb 2025

Business

Called to Account

Business | RSM global revenue hits $10bn

RSM International has reported growth of 6% to $10bn (£8.1bn) in FY2024 with plans for merger of US and UK firms

4 Feb 2025

Business

Accountancy Firms

Image for ey signs paradise birmingham office move

Business | EY signs off Paradise Birmingham office move

EY plans to relocate over 1,000 staff to a brand new office at Paradise Birmingham and will be the first business to sign a contract for space in the ultra modern development

4 Feb 2025

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Latest news

Business | LLP partners: self-employed or employees post Bluecrest

Finance | Is your company now exempt from audit?

Business | Croner-i and KPMG UK sign alliance on tax content driven by AI

Business | Simon Cowell agency hives off £8m accountancy arm

Business | Interest rate cut to 4.5% amid warning on inflation

Business | Aylesbury financial controller jailed for £223k fraud

Tax | Enquiry spotlight: HMRC and the intricacies of R&D tax

HR | RSM moves Milton Keynes office for hybrid shift

Tax | Cornerstone tax avoidance scheme ‘wholly wrong’

Tax | HMRC advisers not using AI on helpline calls

Business | Companies call for lower tax and employment law changes

Tax | US pulls out of UN plan for international tax rules

Business | Blick Rothenberg snaps up Greenback Alan

Finance | CPD module: audit exemptions for companies

Business | Correction: Richard Emmett acquitted

Tax | Loan charge: sorry episode needs to be resolved

Business | ACCA accountant jailed for £268k Covid fraud

Tax | Q&A: non doms and remittance basis issue

Tax | 1.1m taxpayers missed tax return deadline

Business | Goldman Sachs insider trader must repay £586k

Business | RSM global revenue hits $10bn

Business | EY signs off Paradise Birmingham office move