Business &amp; Accountancy Daily

Accountancy Firms

Private Equity

Image for ex ecclestone son law cleared ps200m money laundering trial

Business | Ex Ecclestone son-in-law cleared at £200m money laundering trial

James Stunt, the former son-in-law of FI supremo Bernie Ecclestone, has been cleared of involvement in one of the UK’s largest ever money laundering operations

4 Mar 2025

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Business | Obituary: Sandra Thompson, PwC partner and UKEB board member

The UK Endorsement Board has announced the very sad death of hugely respected former PwC partner and UKEB board member Sandra Thompson

4 Mar 2025

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Finance | Bitcoin miner hires PKF Littlejohn for £18k audit

Listed Bitcoin mining company Vinanz has changed its auditors to PKF Littlejohn LLP as it needs north American reach

4 Mar 2025

Finance

Auditing

Corporate Governance

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Business | MPs call for faster action on rogue employment firms

The chair of the Business & Trade Committee is calling for ‘strategic changes’ to the Employment Rights Bill to clamp down on worker exploitation and enforce umbrella company non-compliance

4 Mar 2025

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Tax | Q&A: capital allowances on dual control vehicles

In this week’s Q&A, our Croner-i VIP Tax Team adviser Celendrika Marcos, explains which allowances can be claimed for a company vehicle partly used for personal travel

4 Mar 2025

Business | Crypto ATM owner used fake ID to hide £2.5m operation

The operator of an illegal crypto ATM network has been jailed after processing over £2.5m in transactions and setting up a business using false documents

4 Mar 2025

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Business | PWM acquires Johnston Carmichael Wealth

Partners Wealth Management LLP expands with acquisition of Johnston Carmichael's wealth arm, giving the asset manager a strong Scottish presence

4 Mar 2025

Accountancy Firms

Private Equity

3 Mar 2025

Image for hmrc loses out ps500k after assessing appellant too late

Tax | HMRC loses out on £500k after assessing appellant too late

A significant tax bill and penalty for a construction recruitment agency over potential Kittel VAT fraud was out of time meaning the appellant only had to pay £229,000

3 Mar 2025

Business | Is your firm ready for a private equity buyout?

Natalie Cramp, partner at JMAN Group, says accountancy firms must integrate data and systems if they want to appeal to private equity investors

3 Mar 2025

Tax | Lloyds to replace Barclays as HMRC banker

HMRC is planning to end an eight-year agreement with banking giant Barclays in a switch to Lloyds Banking Group as one of its trio of banks

3 Mar 2025

Tax

HMRC

Tax Compliance

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HR | Employee right to switch off plan dropped

The government has ditched plan to stop employers contacting staff outside of working hours after backlash from companies

3 Mar 2025

Work

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Tax | Don’t lose out on tax free allowances before 6 April

Anyone with spare cash needs to make sure they are using their tax exemptions and reliefs before 6 April, including inheritance tax gifting, crystallising gains to reduce CGT liability and topping up pension contributions

3 Mar 2025

Tax | Oil and gas companies failed to pay £125m in windfall tax

More than a dozen oil and gas companies have been investigated by HMRC for underpaying energy profits levy, mainly down to apportionment issues

3 Mar 2025

Tax

Business Tax

HMRC

Image for probate delays down poor training online shift

Tax | Probate delays down to poor training for online shift

Excessive delays to probate by decision to prioritise digital applications without adequate training and widespread use of temporary staff

3 Mar 2025

Tax | Tax filing deadlines: Mar to Sep 2025

Essential tax deadlines at a glance including corporation tax return due for year ends 31 March 2024

3 Mar 2025

Finance | IFRS for SMEs accounting rules overhauled

A significant update of IFRS for SMEs has been released, reflecting critical changes to accounting rules on revenue recognition, business mergers and reporting loans

3 Mar 2025

Business | Brookside actor faces jail for £13.6m modelling scam

Former Brookside actor living the high life in Spain faces more than eight years in jail for a £13.6m scam to dupe thousands of aspiring models

3 Mar 2025

Image for cpd module inheritance tax changes 4 april 2025

Tax | CPD module: inheritance tax changes from 4 April 2025

In this month’s exclusive free CPD module, we explain the inheritance tax changes due to come into force from 4 April 2025

3 Mar 2025

28 Feb 2025

Image for ex co op bank chairman jailed ps100k fraud

Business | Ex Co-op Bank chairman jailed for £100k fraud

Former chairman of Co-operative Bank, Paul Flowers, has been jailed after abusing the trust of an elderly, vulnerable friend and stealing £100,000 to fund his own lifestyle

28 Feb 2025

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Business | The evolving role of chartered accountants

Aisling Harney ACA, senior director at OneStream, says Chartered Week is an exciting time to be a finance professional as expectations change, requiring a shift from a focus on financial health of businesses to driving strategic growth and providing a crucial advisory role

28 Feb 2025

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Business | Long hours and no music at work add to stress for accountants

One in four accountants are not allowed music at work adding to stress as over half work more than eight hours a day

28 Feb 2025

HR | Preventing age discrimination in the workplace

With the average tribunal claim hitting £103,000, Stacie Cheadle, Croner-i content consultant, looks at what employers can do to prevent age discrimination at work

28 Feb 2025

Work

Careers