Accountants are confused and surprised by the decision not to issue a penalty for Angela Rayner’s tax mistake on stamp duty as HMRC decided she had ‘acted with reasonable care’
With only days to go until start of HMRC’s mandatory tax adviser register, new tool to check eligibility on interaction launched but warning results do not provide a formal decision by HMRC
Nadia Mayer LLB, legal technical writer at Croner, explains the AI issues for audit committees after FRC issues first guidance on the use of generative and agentic AI
The International Accounting Standards Board (IASB) consults on urgent narrow-scope amendments to consolidation exception to bring IFRS for SMEs in line with full IFRS to cut costs for preparers
With less than three months until the first quarterly filing deadline for Making Tax Digital for Income Tax on 7 August, tax expert Andy Levett, principal at HW Fisher, provides tips and advice on what factors to consider
Soaring number of winding up petitions after HMRC gained secondary preferential creditor status makes it more difficult to negotiate time to pay agreements to settle tax debts, warn Linton Bloomberg, partner, and Josh Beasley, trainee solicitor, at Reed Smith
In a turbulent week for the prime minister, King’s Speech sets out legislative programme with plans for closer ties to EU in a major re-set, late payment clampdown, less costly and onerous levels of red tape from regulators to drive innovation, and digital ID cards are back
Farmers lose judicial review challenge over ‘flawed’ consultation process as judge rules government not required to consult extensively before tax changes
Companies House is reviewing the retention period for dissolved company records to improve transparency, following concerns that records should be held for longer than 20 years
Bookkeeper turned finance director who stole from Derbyshire company must repay just 18% of the stolen funds after spending £87,000 in Next and £28,000 on Amazon