Quality of guidance and ‘menagerie of schemes’ was criticised when leading tax experts were questioned over government plans to crack down on tax avoidance promoters
Property sellers are in the sights of HMRC as it ramps up compliance activity, targeting underreported gains with 10,000 sellers underpaying capital gains tax
With just over a month until the Budget on 26 November, the economy has stagnated with the only positive area being pharmaceuticals rushing to beat the threat of Trump tariffs
Following clampdown on extensive abuse of R&D tax relief, HMRC sets up R&D advisory panel with six experts on life sciences, artificial intelligence and advanced manufacturing to improve understanding of complex area
EY vehemently rejects claims the audit firm should take financial responsibility for ‘collusive and sophisticated fraud’ carried out by former client, collapsed hospital group NMC Health
Is your firm ready to register as an authorised corporate service provider (ACSP) with Companies House? Nadia Mayer LLB (Hons) explains the key considerations for accountancy firms looking at registering and potential legal risks
Joint bust of Cambodian network operating crypto investment scams targeting UK and US investors, authorities have seized £11bn in Bitcoin and luxury London properties
Ofcom has fined Royal Mail a record £21m for late deliveries of first and second class letters, one of the largest fines the regulator has ever handed out
Bruce Cartwright CA, former CEO at ICAS says ethics and moral awareness must be embedded in professional training for the next generation of finance leaders
EY is delivering closing arguments in the High Court where it faces a £2bn negligence claim related to its audit work for collapsed NMC Health hospital group, with expert witness stating journal testing was ‘shocking and unacceptable audit practice’
Companies House plans to update legacy IT systems as a priority, improve investigation capability and tighten up registration requirements for limited partnerships
The government plans to go ahead with overhaul of Financial Reporting Council, giving it more powers and holding directors to account with new civil sanctions, and dropping ARGA name
In this week’s Q&A, Ria Dhillon, tax adviser at Croner-i VIP Tax Team, explains the tax implications when selling a buy to let residential property when an option is granted