After NS&I admitted it ‘misplaced’ £367m in customer savings, interim chief executive and ex-HMRC boss Sir Jim Harra issues apology with planned tax exemption
The overhaul of unfair dismissal rules will have a significant impact on probation periods. Our Croner Business Protect HR expert explains what this means for employers
An overhaul of the regulator’s supervisory model marks a shift to risk-based audit inspections and more focus on systems of quality management (SoQM). Stuart Brown, head of technical and compliance, Duncan & Toplis examines the implications for auditors
Review of uncertain tax treatment (UTT) rules will bring individual taxpayers and trusts within scope for the first time if they have used risky planning to achieve a £5m plus tax advantage
Top 20 firm Crowe appoints corporate finance partner Mitesh Patelia as new chief executive succeeding Nigel Bostock who is stepping down after nearly nine years in the role
MPs grill HMRC top brass over why they want more enforcement powers when it is not using current rules, and has ‘only once taken action to prevent the facilitation of tax evasion’
Tax was largely absent from the King’s Speech, but the challenges facing the UK’s tax system are only getting harder to ignore with such a tortured and immense tax code. Katie Close CA, director of tax at ICAS calls for urgent change
Nearly half of working adults fail to save any money into pension pots, with those born between 1965 and 1980 ‘set to have the highest rates of under saving’
With plans to increase council tax for properties worth more than £2m now less than two years away, government calls for views on valuation process, billing and deferral options
London branch of Deutsche Bank given £165,000 penalty for arranging two six-figure payments for a multinational client at the time the onward beneficiary was slapped with sanctions under OFSI rules
Trustees of Professional Footballers’ Association Charity transferred £1.9m in funds to union ‘without adequate explanation or governance’, regulator says
In this week’s Q&A, Joshua Hamley-Deane, adviser at Croner VIP Tax Team, explains the tax rules for a double cab pickup used for both business and personal use
After Accountex audience pressures Companies House over uncertainty about changes to profit and loss (P&L) filing, Department for Business & Trade steps in to clarify
Billion pound audit negligence claim against EY settled with £105.6m payout by Big Four firm without ‘admission of liability’ confirms administrators’ report
Latest tech deal sees HMRC sign £175m AI agreement with Quantexa to modernise data mountain and identify tax fraud using decision intelligence platform
With a few days to go before mandatory tax adviser register goes live on 18 May, HMRC issues timetable for registration with dates for staggered introduction