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Image for ai cannot replace human judgment audit it helps

Finance | AI cannot replace human judgment in audit but it helps

Auditors need to use the power of AI to improve the quality of audit from spotting journal anomalies at speed to early warnings of potential control risks, but human intervention is still vital, argues Wendy Russell, head of audit at Grant Thornton UK

2 Mar 2026

Finance

Auditing

Corporate Governance

Image for ev business beats hmrc 5 vat dispute charging

Tax | EV business beats HMRC in 5% VAT dispute on charging

Community based electric vehicle charger can pay reduced rate VAT after lower tribunal rules against HMRC, saying breach of fiscal neutrality was ‘stark’

2 Mar 2026

Business | Revolut picked for stablecoin testing

Online banking service Revolut wins opportunity to trial stablecoin crypto products along with newly incorporated fintechs

2 Mar 2026

Business

Companies

AI & Technology

Image for student loan u turn would cost ps56bn

Tax | Student loan u-turn would cost £5.6bn

As pressure mounts on chancellor to help graduates, changes to the system could open multi-billion pound blackhole if ‘one-off’ reduction in borrowing is reversed

2 Mar 2026

Tax | Tax filing deadlines: Mar – Aug 2026

Key dates for amending corporation tax returns for accounting periods ended 31 March 2024 and MTD registration

2 Mar 2026

Tax | Parents lose school fee VAT appeal

Court rejects appeal from parents with children at religious schools, saying ‘they have the option of home schooling’

2 Mar 2026

Finance | Troubled Home REIT sells £123m property portfolio

Sale of assets of Home REIT goes ahead but one-time listed social housing provider faces fraud and audit investigations, and warns any returns for investors ‘highly uncertain’

2 Mar 2026

Finance

Corporate Governance

Image for entry level jobs hit ai difficult manage warns boe economist

Business | Entry level jobs hit by AI ‘difficult to manage’, warns BoE economist

As youth unemployment reaches 16.1%, Bank of England economist blames tax changes, AI and pandemic, saying the issue has hit his family personally

2 Mar 2026

Business | Celebrity finfluencers fined £7k for social media promotions

Instagram influencers fined £7,082 for role in promotion of unauthorised foreign exchange trading scheme

2 Mar 2026

Business

Called to Account

Image for residential landlords under pressure rethinking ownership

Tax | Residential landlords under pressure: rethinking ownership

Significant changes to residential property tax make argument for incorporation more compelling but does it really make financial sense for smaller landlords, asks Amy Cole, private client tax director at Menzies LLP

27 Feb 2026

HR | People in the news: Dains, Mercer & Hole, Smailes Goldie

In this week’s career moves, partner promotions and hires at Dains, Mercer & Hole, Smailes Goldie, S&W, AAB, Johnston Carmichael, Azets, Smailes Goldie, Companies House, Bank of England, CMA

27 Feb 2026

HR

Work

Careers

Leadership & Management

Image for high court date judicial review flawed farm tax

Tax | High Court date for judicial review of ‘flawed’ farm tax

Group of farmers given date for two-day judicial review at High Court over legality of the inheritance tax changes to agricultural and business property relief and government’s failure to consult properly

27 Feb 2026

Business | Big Four accountancy vacancies up 16%

Accounting skills increasingly in demand as vacancies at the Big Four jump year-on-year although consultancy takes hit as firms take ‘more selective approach’

27 Feb 2026

Business | Shetland Council chief’s pub owed £178k tax bill

Pub owned by ceremonial head of Shetland Council liquidated owing £178,860 worth of VAT, PAYE, and national insurance despite having £800,000 in bank

27 Feb 2026

Tax | Pay overdue tax by 2 March or face 5% HMRC penalty

Taxpayers need to pay what they owe to HMRC in the next few days or face costly penalties as Tuesday deadline for final payments for 2024-25 tax year looms

27 Feb 2026

HR | Dealing with alcohol problems at work

HR expert Amanda Chadwick explains what steps employers should take when handling employees with a drink problem from misconduct issues and dependency to legal considerations

27 Feb 2026

HR

Work

Careers

Leadership & Management

Image for pm law clients sent hmrc demands unpaid stamp duty

Business | PM Law clients sent HMRC demands for unpaid stamp duty

Sudden closure of PM law leaves clients without access to property purchase deposits and HMRC demanding unpaid stamp duty land tax (SDLT)

26 Feb 2026

Tax | Moving the goal posts: higher tax on sports image rights

Major changes to tax on sports image rights will see national insurance charged on employment related income, raising urgent tax planning issues for football clubs and players, explain Martin Smith, partner and head of sports team and Gurdeep Dhanjal, senior manager at HW Fisher

26 Feb 2026

Business | Armstrong Watson targets growth with specialist service launch

Top 40 firm Armstrong Watson LLP launches two specialist services for financial reporting and fractional FD/CFO support to grow the business

26 Feb 2026

Finance | ME Group ‘displeased’ as auditor asks for more time

Listed photobooth and laundry kiosk operator, ME Group International forced to delay results as Forvis Mazars unable to complete annual audit on time

26 Feb 2026

Finance

Auditing

Corporate Governance

Image for ps136k tax bill collapsed featherstone rovers rugby club

Business | £136k tax bill for collapsed Featherstone Rovers rugby club

Century old rugby club owes £2.8m, including £596,000 to a stonemasons, £360,760 in covid loans, and £114,967 to auto enrolment pension provider

26 Feb 2026

Business

Companies

Restructuring & Insolvency

Tax

HMRC

Image for treasury clarifies use digital identities aml checks

Finance | Treasury clarifies use of digital identities for AML checks

Only digital verification services certified by UK digital services framework can be used for IDV checks required under the Money Laundering Regulations (MLRs)

26 Feb 2026

Finance

Corporate Governance

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Latest news

Finance | AI cannot replace human judgment in audit but it helps

Tax | EV business beats HMRC in 5% VAT dispute on charging

Business | Revolut picked for stablecoin testing

Tax | Student loan u-turn would cost £5.6bn

Tax | Tax filing deadlines: Mar – Aug 2026

Tax | Parents lose school fee VAT appeal

Finance | Troubled Home REIT sells £123m property portfolio

Business | Entry level jobs hit by AI ‘difficult to manage’, warns BoE economist

Business | Celebrity finfluencers fined £7k for social media promotions

Tax | Residential landlords under pressure: rethinking ownership

HR | People in the news: Dains, Mercer & Hole, Smailes Goldie

Tax | High Court date for judicial review of ‘flawed’ farm tax

Business | Big Four accountancy vacancies up 16%

Business | Shetland Council chief’s pub owed £178k tax bill

Tax | Pay overdue tax by 2 March or face 5% HMRC penalty

HR | Dealing with alcohol problems at work

Business | PM Law clients sent HMRC demands for unpaid stamp duty

Tax | Moving the goal posts: higher tax on sports image rights

Business | Armstrong Watson targets growth with specialist service launch

Finance | ME Group ‘displeased’ as auditor asks for more time

Business | £136k tax bill for collapsed Featherstone Rovers rugby club

Finance | Treasury clarifies use of digital identities for AML checks