Regulator fines and bans audit firm King & King and owner partner for audit and ethics failures on work for multiple Gupta owned companies, including Liberty Steel
In this week’s Q&A, Vivienne Cheung, adviser at Croner VIP Tax Team explains the changes to self assessment tax return disclosures in SA102 for dividends paid to close company directors
A more coordinated approach to governance, oversight and information sharing is vital to tackle financial crime. Joe Norburn, CEO at TCC Group, stresses the importance of governance, board responsibility and ending siloed data and functions
Ever rising tax gap hits 6.4% as HMRC figures show total uncollected tax hit £59.2bn, the highest figure ever with a £4.3bn rise in a year with small business accounting yet again for biggest share of non-payment and mistakes
HMRC warning on first sign-up deadline for accountants to move to mandatory multi-factor authentication (MFA) to improve security on agent services accounts
Pension tax changes could leave families facing huge care home bills if they do not undertake careful inheritance tax (IHT) planning with deprivation of assets a clear risk, warns Lisa Morgan, partner at Hugh James
Making Tax Digital and escalating compliance demands ‘amplify’ pressure on staff as accountancy firms begin turning away work due to shortage of qualified staff
After bank accounts frozen, Charity Commission appoints interim managers to Barnabas Fund, a Christian based aid charity beset by financial and governance issues
Businesses face huge tax bill as employer national insurance up 8% year on year while income tax threshold freeze bites hard as taxpayers squeezed across earnings range
In this week’s career moves, partner promotions and hires at Johnston Carmichael, PKF Channel Islands, Sumer, S&W, Blu Sky, Simmons Gainsford, Kilsby Williams, REC, Isio
Finance manager at Norwich drainage business jailed for transferring £363,082 company funds into personal bank account 53 times blaming ‘a few mistaken transactions’