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Image for mtd trial users hit major payment account problem

Tax | MTD trial users hit by major payment on account problem

Taxpayers signed up to the Making Tax Digital (MTD) for Income Tax trial face major problem settling payment on account as financial information held in separate HMRC systems

4 Feb 2026

Business | ICAEW accountant avoids jail after £400k fraud

78 year old former EY, Deloitte, and Deutsche Bank accountant avoids jail after pleading guilty to fraud

4 Feb 2026

Business

Called to Account

Image for mod only recovers ps28m year internal fraud

Finance | MoD only recovers £2.8m a year from internal fraud

Watchdog criticises siloed working across counter fraud teams at Ministry of Defence with high levels of invoice fraud and lack of proper financial oversight of procurement

4 Feb 2026

Finance

Auditing

Public Sector

Image for affinia and uhy hacker young trio merge ps100m deal

Business | Affinia and UHY Hacker Young trio merge in £100m deal

Private equity backed Affinia signs major deal to merge with UHY Hacker Young firms in London, Nottingham and Brighton creating multimillion pound firm under new name

4 Feb 2026

Business

Accountancy Firms

Private Equity

Image for frc updates strategic report so more proportionate

Finance | FRC updates strategic report so more ‘proportionate’

The Financial Reporting Council (FRC) updates guidance for companies preparing strategic reports reflecting more ‘proportionate’ approach although not mandatory

4 Feb 2026

Finance | Retired EY partner to head up US audit regulator

Major overhaul of US regulator sees former EY partner named as chair of Public Company Accounting Oversight Board in shift to ‘sensible oversight’

4 Feb 2026

Finance

Auditing

Corporate Governance

Image for cpd module frs 102 changes revenue recognition 0

Finance | CPD module: FRS 102 changes to revenue recognition

This month’s exclusive CPD module is a UK GAAP Essentials course on new revenue recognition accounting rules under FRS 102 1A

4 Feb 2026

Finance | EY settles £2bn NMC audit negligence claim out of court

Weeks before a ruling at the High Court after 12-week trial last year, EY settles audit negligence claim out of court with administrators of NMC Health

3 Feb 2026

Finance

Auditing

Corporate Governance

Image for second mtd letter going out ps50k landlords and sole traders

Tax | Second MTD letter going out to £50k landlords and sole traders

Nearly a million landlords, sole traders and self employed set to receive Making Tax Digital letters in next six weeks

3 Feb 2026

Tax | Death of directors hits business valuations for IHT

Lords urges government to assess impact of the death of a director on the valuation of a business for inheritance tax as most business property relief removed

3 Feb 2026

Tax | Q&A: tax relief on purchased goodwill

In this week’s Q&A, Joshua Hamley-Deane, adviser at Croner-i VIP Tax Team, explains the tax implications of intangible assets and purchased goodwill

3 Feb 2026

Tax | 10,483 calls to HMRC helpline on SA deadline day

Last minute decision to keep phone lines open on self assessment day saw 10,483 people call HMRC helplines while over a million taxpayers face automatic £100 fine

3 Feb 2026

Tax

Personal Tax

HMRC

Image for free expert hr advice line croner

HR | Free expert HR advice line from Croner

Croner-i gives subscribers access to free expert HR advice line to support accountants deal with major changes to employment law and day one rights for employees

3 Feb 2026

HR

Work

Leadership & Management

Image for xeinadin acquires ps9m grunberg accountants

Business | Xeinadin acquires £9m Grunberg accountants

Private equity backed Xeinadin expands London presence with acquisition of Grunberg with all partners remaining post deal

3 Feb 2026

Business

Accountancy Firms

Private Equity

Image for doom loop uk wine duty becomes highest europe

Tax | ‘Doom loop’ as UK wine duty becomes highest in Europe

UK to overtake Finland with the highest tax rate for still wine in Europe as rise in alcohol duty takes effect

2 Feb 2026

Tax

Business Tax

HMRC

Image for one five smes cut jobs after tax hikes

Business | One in five SMEs cut jobs after tax hikes

Rising tax and cost pressures saw 21% of SME bosses make staff redundant last year as hit by double whammy of increases in national insurance, CGT and dividend tax, while threshold allowances cut

2 Feb 2026

Leadership & Management

Image for record ps57bn tax paid top 100 taxpayers

Tax | Record £5.7bn tax paid by top 100 taxpayers

Hedge funds, sports retailers and gambling giants top Tax List while Premier League stars Erling Haaland and Mo Salah enter the list for the first time

2 Feb 2026