The Solicitors Regulation Authority (SRA) imposed the largest ever fine on former owner of Kingly Solicitors after a £10m blackhole in client funds was discovered
A US TV reality star couple have been pardoned by US president Donald Trump after spending over two years in jail after being found guilty of tax evasion and bank fraud
The Insolvency Service has published a revised Individual Voluntary Arrangement (IVA) protocol to safeguard people in debt and clarify responsibilities of insolvency practictioners
The Financial Reporting Council (FRC) is consulting on a proposed UK version of ISSA 5000, General Requirements for Sustainability Assurance Engagements, aimed at auditors
HMRC has lost a dispute with the owner of a supercar driving experience in Scotland for reduced 5% VAT during pandemic as ‘collective enjoyment’ argument fails
A plethora of household names have been called out for failing to pay the national minimum wage with outsourcing giant Capita, Pizza Express and Lidl in the top 10
Cheryl Sharp, CEO, Pink Pig Financials, explains pros and cons of PAYE salary, dividends or a even combination of both, particularly in light of recent tax changes
The prime minister has criticised Nigel Farage, leader of Reform UK, as repeating the problems of the Truss government, over his radical tax proposals, saying he is gambling with the public’s money
After fines from the Financial Conduct Authority and compliance issues surrounding the bounce back loan scheme introduced during the pandemic Starling Bank’s profits fell by almost £80m
The owner of an Indian restaurant has been jailed for fraud carried out to secure two Covid loans while he blamed a totally innocent person he registered as a director
Failures at Thames Water have seen the business fined nearly £123m by Ofwat for paying ‘undeserved’ dividends and polluting rivers with hundreds of sewage spills
A third of audits inspected by ICAEW need improvements, a marked decline since pre-pandemic, with lack of trained auditors and capable RIs a risk to audit quality
Companies are struggling to pay tax bills on time with arrears to HMRC running at an average of £28bn per month, even before latest National Insurance hikes kick in
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