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Image for streets rejects private equity backing protect autonomy

Business | Streets rejects private equity backing to protect autonomy

Paul Tutin, managing partner of Streets, explains why he decided to expand the accountancy group without turning to private equity money and sacrificing autonomy

30 Jul 2025

Business

Accountancy Firms

Private Equity

Image for dorset council sacks staff over unjustified overspending

Finance | Dorset Council sacks staff over ‘unjustified’ overspending

An internal audit at Dorset Council found ‘serious issues in how contracts were awarded’ and ‘unjustified costs’ causing the budget to balloon from £4m to £13m

30 Jul 2025

Finance

Public Sector

Finance | ICAEW and CIPFA set to merge

CIPFA and ICAEW have signed an agreement setting out plans for a merger between the two chartered accountancy bodies, but retaining separate names and identities

30 Jul 2025

Finance

Public Sector

Work

Leadership & Management

Image for barents fined ps178m internal audit failings

Finance | Barents fined £1.78m for internal audit failings

Barents Reinsurance has been fined £1,785,000 for ‘materially short’ governance and internal audit failings when it operated in the UK after the Brexit transition period

30 Jul 2025

Finance

Auditing

Corporate Governance

Image for 14m taxpayers be sent hmrc tax demand

Tax | 1.4m taxpayers to be sent HMRC tax demand

Despite HMRC claiming to be reducing the amount of post it sends, it is gearing up to send 1.4m letters to those not paying taxes through PAYE or self assessment

30 Jul 2025

Tax

HMRC

Image for how improve mental health and wellbeing work

HR | How to improve mental health and wellbeing at work

The wellbeing of staff is an important duty of care for all employers with many benefits of setting up mental health and wellbeing initiatives at work, explains Matt Smith, associate director of clinical excellence at HA Wisdom Wellbeing

30 Jul 2025

HR

Work

Careers

Leadership & Management

Image for register webinar ai accountants

Business | Register for webinar on AI for accountants

Join our webinar on AI and the future of tax and accounting on 5 August with a panel of experts

30 Jul 2025

Finance | Legal updates: Was email a valid objection to draft completion accounts?

Sophie Brookes and Debbie Shaw examine validity of email communication in company sale in Inspired Education Online, ‘just and equitable’ winding up decision in Dosanjh, and unauthorised documents filed at Companies House in Hasan

29 Jul 2025

Tax | Gig workers against HMRC deducting tax at source

People earning income from the gig economy and side hustlers are wary about the possibility of HMRC deducting tax directly from earnings via online platforms

29 Jul 2025

Tax

HMRC

Tax Compliance

Image for uber vat appeal driven out supreme court

Tax | Uber VAT appeal driven out by Supreme Court

Taxi giant Uber has lost appeal over way VAT is charged as Supreme Court rules that operators cannot be forced to apply VAT to passenger fares in a landmark decision affecting online hailing platforms and bricks and mortar cab companies

29 Jul 2025

Tax

VAT

Image for one five smes struggle pay tax bills

Business | One in five SMEs struggle to pay tax bills

Nearly 500,000 SMEs have missed tax payment deadlines in the past three years with 19% admitting to missing five or more in the past 12 months

29 Jul 2025

Finance | Call for UK response to sustainability standard changes

The Financial Reporting Council (FRC) is consulting on UK views of proposed changes to the global sustainability standards in line with industry specific ISSB amendments to IFRS S2

29 Jul 2025

Finance

Accounting Consultations

ESG & Sustainability

Image for trusted accountant stole ps24m employer

Business | Trusted accountant stole £2.4m from employer

An accountant has been jailed for stealing millions of pounds from her employer that paid for her accountancy qualifications and lent her money for the deposit on a property

29 Jul 2025

Business

Called to Account

Finance | £1.75m stolen by DWP staff

The Department for Work and Pensions (DWP) lost more than £1.75m stolen by staff in internal fraud in 2024-25 as employees abused their roles for their own financial gain

28 Jul 2025

Finance

Financial Reporting

Public Sector

Image for hmrc clamp down employee car ownership schemes

Tax | HMRC to clamp down on employee car ownership schemes

Nearly 80,000 company car and van drivers will be hit by the removal of the tax benefits of employee car ownership schemes (ECOS) from next year as income tax liability comes into play

28 Jul 2025

Business | HMRC bins MTD for corporation tax

As HMRC dropped its ‘transformation roadmap’ last week a small section of the lengthy document confirmed Making Tax Digital (MTD) for Corporation Tax has been canned

28 Jul 2025

Business | Six charged over £75m pension fraud

The Serious Fraud Office (SFO) has charged six individuals over allegedly running a pension fund fraud scheme offering guaranteed returns to 1,900 investors

28 Jul 2025

Business

Called to Account

Image for why its time properly account climate risk

Finance | Why it’s time to properly account for climate risk

Investors are calling for more transparency about the impact of climate change on financial results and performance, but are companies ready to provide this, asks David Pitt-Watson, responsible investing practitioner and former Deloitte partner

28 Jul 2025

Finance

Financial Reporting

ESG & Sustainability

| Croner-i launches CPD Navigate Learning app

Accountants can now access CPD modules via the new Navigate Learning app on Croner-i, available on Apple App Store and Google Play

28 Jul 2025