Business &amp; Accountancy Daily

Image for banned pet supplies director used 14 fake aliases

Business | Banned pet supplies director used 14 fake aliases

A serial disqualified director has been struck off for the third time after changing his identity to run a company with £3m of unverifiable cash passing through it

2 Apr 2025

Called to Account

Image for firms will have report details risky audit contract wins

Finance | Firms will have to report details of risky audit contract wins

Changes to UK Audit Regulations from June mean audit firms taking on complex, risky audits will have to notify professional bodies within 21 days of winning the new audit contract

2 Apr 2025

Finance | ICAEW updates code of ethics for accountants

ICAEW has revised the Code of Ethics to tighten up professional behaviour and ‘strength of character’ of accountants with warnings on potential misuse of technology

2 Apr 2025

Tax | Tax filing deadlines: Apr to Oct 2025

Essential tax deadlines at a glance including CT61 returns and payments due for quarter ended 31 March 2025

2 Apr 2025

Finance | Bank deposit protection limit set to rise to £110k

Plans are afoot to increase the compensation scheme for bank deposits to £110,000 if a bank or building society fails, subject to consultation

2 Apr 2025

Financial Reporting

Accounting Consultations

Image for cpd module changes company size thresholds 0

Finance | CPD module: changes to company size thresholds

In this month’s exclusive free CPD module, we focus on the significant changes to company size thresholds effective 1 April

2 Apr 2025

Financial Reporting

Tax | Tax changes from 1 April

What's going up on 1 April from increases in national minimum wage to higher stamp duty, first road tax charge for electric vehicles and hikes in company car tax

1 Apr 2025

Business | Aberdeen construction company goes bust owing HMRC £2.4m

Hadden Construction has fallen into administration owing millions to creditors including £2.4m to HMRC, citing raising labour costs and materials the primary cause for the collapse

1 Apr 2025

Companies

Image for charity accounting sorp rules set overhaul

Finance | Charity accounting SORP rules set for overhaul

The charity standard setters are consulting on significant changes to the Charity SORP, including leases, revenue recognition and ESG

1 Apr 2025

Accounting Consultations

Charities

Tax | Last minute tips before tax year end

With days to go before 5 April tax year end, it’s the last opportunity to use up pension allowances, top up NICs gaps and maximise tax free ISA savings

1 Apr 2025

HR | National minimum wage rate up 6.7%

April sees increases in national minimum wage and family friendly statutory payments. Our experts at Croner-i CIPD HR-inform provide a rundown of the key changes, rate rises and legal requirements

1 Apr 2025

HR

Work

Leadership & Management

Legal & Guidance

Image for companies face ps60k fine illegal gig worker

Business | Companies to face £60k fine per illegal gig worker

Businesses hiring gig workers will have to carry out ID checks to ensure they have the right to work in the UK or be fined up to £60,000 per illegal worker

1 Apr 2025

Tax | Q&A: residence nil rate band and inheritance tax

In this week’s Q&A, Kiya Jacobs ATT, tax adviser at Croner-i VIP Tax Team, explains the ins and outs of inheritance tax and residence nil rate band issues

1 Apr 2025

Business | TC Group snaps up four Haines Watts firms

Private equity backed TC Group has expanded with the acquisition of several offices of Haines Watts in the west Midlands and the HW Tamworth practice

1 Apr 2025

Accountancy Firms

Private Equity

Image for evelyn partners sells accountancy arm rebrands sw

Business | Evelyn Partners sells accountancy arm, rebrands as S&W

The £700m divestment of Evelyn Partners’ accountancy and advisory business has completed with a name change to S&W, backed by private equity, and led by Andrew Wilkes

31 Mar 2025

Accountancy Firms

Private Equity

Image for ai wont replace accountants it will supercharge them

Business | AI won’t replace accountants - it will supercharge them

Natasha Frangos, managing partner of HaysMac, says Jeremy Hunt’s comments about the demise of accountants are plain wrong

31 Mar 2025

Tax | Chip shop owner part wins £1.2m tax appeal

The owner of a chip shop in Newcastle has part won an income tax appeal as some of the years were assessed too late by HMRC despite behaviour being ‘deliberate’

31 Mar 2025

Finance | Wood Group to restate accounts over revenue recognition issue

Listed engineering business John Wood Group gave auditors ‘unreliable information’ forcing company to delay audit and to urgently restate accounts

31 Mar 2025

Auditing

Image for school fee vat appeal kicks tomorrow high court

Tax | School fee VAT appeal kicks off tomorrow at High Court

The chancellor, Rachel Reeves will be defended by four KCs on 1 April as the lawyers for a group of parents and schools take their appeal against VAT on private school fees to the High Court

31 Mar 2025

Tax

VAT

HMRC

Business | Alison Duncan to become chair of EY

EY has named Alison Duncan as next UK chair, subject to a partner vote, putting the top leadership in the hands of two highly respected and influential women

31 Mar 2025

Leadership & Management

Image for loan charge review calls evidence brochures and promotions

Tax | Loan charge review calls for evidence of brochures and promotions

Anyone affected by the loan charge has two months to respond to a call for evidence with examples of promotional material and marketing leaflets a priority for the review team

31 Mar 2025

Finance | Recycler Renewi swaps £2.1m audit to EY

Listed recycling company Renewi plc has moved back to a Big Four auditor with the appointment of EY

31 Mar 2025

Auditing

Image for acca signs partnership certified fraud examiners

Finance | ACCA signs partnership with certified fraud examiners

In a bid to curb high levels of fraud across business, ACCA and the Association of Certified Fraud Examiners (ACFE) plan to collaborate to build awarness

31 Mar 2025

Financial Reporting