Business &amp; Accountancy Daily

Politics

Image for covid fraud recovery largely unsuccessful says mps

Business | Covid fraud recovery 'largely unsuccessful', says MPs

The Public Accounts Committee (PAC) has said the government’s attempts to recover at least £1.9bn thought to be lost to fraud during pandemic have been ‘largely unsuccessful’

26 Jun 2025

Companies

Finance | AI guidance for audit from the FRC

The Financial Reporting Council (FRC) has published guidance on the use of artificial intelligence (AI) in audit along with a thematic review of the six largest firms processes for AI implementation

26 Jun 2025

Finance

Auditing

Image for information notices game over or can you push back

Tax | Information notices – game over? Or can you push back?

Rocky Webb, enquiry consultant at Croner-i My VIP Tax Team, explains how to deal with HMRC information notices, and when and when not to hand over ‘voluminous information’

26 Jun 2025

Tax | HMRC urges side hustlers to arrange tax return

Those earning extra income alongside their day jobs may need to check if they have earnt over the threshold that means they will need to file a self assessment, warns HMRC

25 Jun 2025

Business | 78 year old accountant accused of stealing £411k

A former Deloitte tax director has been accused of removing money from a family trust fund he was in control of over a three year period

25 Jun 2025

Called to Account

Image for uk track record breaking capital gains tax receipts

Tax | UK on track for record-breaking capital gains tax receipts

The latest HMRC tax receipt highlight that in the vast majority of cases, the government’s tax revenues are moving in one direction: upwards, says RSM partner Chris Etherington

25 Jun 2025

Tax | HMRC loses £95k top slicing relief calculation dispute

Two taxpayers have won an appeal against HMRC’s denial of their claims for overpayment relief totaling £95,959.63

25 Jun 2025

Case Reports

Image for tax changes force business leaders park exit plans

Business | Tax changes force business leaders to park exit plans

44% of business leaders have postponed the plans they had to sell their businesses as business property relief and capital gains tax fears begin to mount

25 Jun 2025

Companies

Finance | Companies House sets dates for major rule changes

Tougher rules for company directors under ECCTA 2023 will start to bite from autumn 2025 onwards with radical accounts reform also planned for 1 April 2027

24 Jun 2025

Tax | Conservatory installer wins £60k VAT appeal

HMRC loses £60,000 VAT assessment due to the senior compliance officer failing to sign the assessment form in time, rendering the assessment out of time

24 Jun 2025

Business | Forex fraudster ordered to repay £64m

The jailed former director of a London based foreign exchange scheme has been ordered to pay back £64m or face a further 14 years in prison

24 Jun 2025

Called to Account

Image for commercial accounting roles surge outside london

Business | Commercial accounting roles surge outside of London

The capital is seeing a reduction in the amount of commercial accounting vacancies on offer while other areas are seeing some of the strongest recruitment levels in over 10 years

24 Jun 2025

Companies

Accountancy Firms

Image for macalvins group joins forces spencer hyde

Business | Macalvins Group joins forces with Spencer Hyde

London based chartered accountancy firm, Macalvins Group, has acquired North London based accountancy firm Spencer Hyde as it looks to expand its footprint in the coming years

24 Jun 2025