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Image for bdo fined ps58m misconduct and serious failings

Finance | BDO fined £5.8m for misconduct and ‘serious failings’

The UK’s fifth largest audit firm, BDO, hit with multi-million pound fine after admission of misconduct by two former audit engagement partners over lack of supervision of auditor linked to FRC misconduct decision last year

6 Nov 2025

Finance

Auditing

Corporate Governance

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Tax | Understanding the tax implications of buying crypto

A surge in HMRC letters to crypto investors is causing widespread concern about a lack of awareness about their individual tax liability, warns Neil Tipping, lead tax enquiry consultant at Croner-i VIP Tax Team

6 Nov 2025

Business | When AI gets it wrong: responsible AI use in accountancy firms

A recent Deloitte Australia AI mishap underscores the risks of reliance on Generative AI tools and should be a warning light for accountants in light of new AI usage requirements in the ICAEW Code of Ethics, explain Ian Ko and Sam Binymin of Kingsley Napley LLP

6 Nov 2025

Business | Online fashion retailer falls into administration

SilkFred, an online marketplace which partnered with over 500 independent fashion brands including Apricot and Goddiva has collapsed into administration

6 Nov 2025

Business

Companies

Restructuring & Insolvency

Business | Interest rate held at 4% before Budget

The Bank of England has left the base rate unchanged again at 4% in a close decision with five members voting to hold and four to cut

6 Nov 2025

Business

Companies

Accountancy Firms

Image for woman who stole ps71k frail grandfather jailed

Business | Woman who stole £71k from ‘frail grandfather’ jailed

£71,600 was stolen by granddaughter while she had power of attorney over ‘frail’ elderly relative

6 Nov 2025

Business

Called to Account

Image for essential tips id verification company directors

Finance | Essential tips on ID verification for company directors

Major changes at Companies House mean all directors have to complete ID verification before registering a company or filing a confirmation statement, explain Abdulali Jiwaji and Paul Brehony, partners at Signature Litigation

5 Nov 2025

Finance

Law and Regulation

Corporate Governance

Image for decade paris agreement will cop30 brazil succeed

Finance | A decade on from Paris Agreement, will COP30 in Brazil succeed?

This month’s COP30 in the Amazon rainforest is set to be controversial compared to the milestone COP2 with increased pressure to address climate transition finance and scepticism about the effectiveness of emission targets set down by individual countries, reports Jon Herbert

5 Nov 2025

Finance

ESG & Sustainability

Image for george osborne says tax rises are inevitable

Tax | George Osborne says ‘tax rises are inevitable’

Former chancellor says breaking commitment on raising taxes ‘inevitable’ and will bring ‘real political hardship’

5 Nov 2025

Tax

Budget

Politics

Image for cooper parry rolls out azure agentic ai tool uk teams

Business | Cooper Parry rolls out Azure Agentic AI tool to UK teams

Private equity backed Cooper Parry signs deal with Napster to pilot enterprise-grade agentic AI tool based on Microsoft Azure OpenAI

5 Nov 2025

Business | Watchdog to protect businesses from scam messages

With 100m suspicious messages reported last year, Ofcom has proposed rules to stop scam messages reaching businesses

5 Nov 2025

Business

Law & Guidance

Image for over third farmers made no profits last year

| Over a third of farmers made no profits last year

Half of farmers considered leaving the industry after government introduced punishing inheritance tax changes, while profit margins are squeezed

5 Nov 2025

Business

Image for nhs trust loses ps267k vat dispute over parking charges

Tax | NHS Trust loses £267k VAT dispute over parking charges

The Supreme Court has ruled against NHS Trust after a long battle with HMRC about VAT on parking fees, a decision which has implications for up to 50 other NHS sites

4 Nov 2025

Tax

VAT

Case Reports

Image for tax pension pots square peg round hole

Tax | Tax on pension pots ‘square peg in a round hole’

Inheritance tax on pensions like mixing ‘oil and water’ and six-month payment deadline to HMRC will be unworkable, Lords told

4 Nov 2025

Tax

Inheritance Tax

Image for chancellor refuses rule out tax rises

Tax | Chancellor refuses to rule out tax rises

In an unusual move, chancellor gives speech warning of a tough Budget later this month, blaming global challenges and batting aways questions about imminent tax rises

4 Nov 2025

Tax

Budget

Politics