Business & Accountancy Daily | Business & Accountancy Daily

Latest news

Image for frc investigates kpmg and two accountants over wood group audit

Finance | FRC investigates KPMG and two accountants over Wood Group audit

Regulator launches probe into KPMG and two unnamed ‘individual accountants’ for audit work for John Wood Group plc after FCA fined listed business

30 Jul 2026

Tax | Capital goods scheme claim threshold raised to £600k

Changes to VAT rules mean the capital expenditure threshold more than doubles and some IT kit no longer eligible under revised capital goods scheme

30 Jul 2026

Tax

VAT

Tax Compliance

Image for jailed nasa scientist must pay back ps655k after fraud

Business | Jailed NASA scientist must pay back £655k after fraud

Octogenarian director and former NASA Mars exploration scientist jailed for £1m investment fraud must pay back ill-gotten gains of face five extra years

30 Jul 2026

Business

Called to Account

Image for register webinar stamp duty tax traps

Tax | Register for webinar on stamp duty tax traps

Sign up for our expert webinar on stamp duty land tax (SDLT) at 2pm on Tuesday 4 August

30 Jul 2026

Tax | HMRC delays leave R&D tax relief ‘too unreliable’, warn SMEs

SMEs face lengthy waits for HMRC responses to R&D tax relief enquiries, as ‘uncertainty has left the relief impossible to count on’

30 Jul 2026

Business | DJH acquires ‘tech-led’ Gooding Accounts

Private equity backed DJH expands with first move into southwest in Gooding Accounts acquisition

30 Jul 2026

Business

Accountancy Firms

Private Equity

Finance | Ex KPMG partner appointed head of IFRS Foundation

Trustees of the global standard setter oversight body name former KPMG partner Laura Forzani as managing director of the IFRS Foundation, while IASB seeking new chair

30 Jul 2026

Finance

Corporate Governance

HR

Leadership & Management

Image for landmark ruling good faith conduct and directors duties under s172

Finance | Landmark ruling on good faith, conduct and directors’ duties under s172

Critical Supreme Court decision in Saxon Woods clarifies scope of good faith requirement as part of a director’s duty under section 172 of Companies Act 2006

29 Jul 2026

Finance

Corporate Governance

Law and Regulation

Leadership & Management

Image for accountant vacancies 32 london hiring surges

Business | Accountant vacancies up 32% as London hiring surges

Deloitte pegged to become third-largest finance employer in London, as accounting and consulting set for city boom

29 Jul 2026

Tax | HMRC conviction rate at lowest level for seven years

Conviction rate for fraud and economic crime at lowest level since 2018-19

29 Jul 2026

Tax

HMRC

Image for how avoid large tax bill when cashing pensions

Tax | How to avoid a large tax bill when cashing in pensions

With inheritance tax on pension pots just months away, beware the risk of cashing in pensions quickly without assessing tax implications, warns Mike Ambery, retirement savings director at Standard Life

29 Jul 2026

HR | Employment tribunal claim limit doubles to six months

Stacie Cheadle, technical writer at Croner explains the imminent changes to employment rights with doubling of time limit for bringing a claim to employment tribunals

29 Jul 2026

HR

Work

Leadership & Management

Careers

Image for accountant uncovers finance directors ps26m fraud

Business | Accountant uncovers finance director’s £2.6m fraud

Norfolk finance director stole £2.6m from ‘hyperspectral’ camera maker, before fraud was caught by forensic accountant

29 Jul 2026

Business

Called to Account

Image for how croner intelligence improves accuracy

Business | How Croner Intelligence improves accuracy

When using Croner Intelligence, six things happen between your question and the answer on screen, explains Julien Gruhier, head of generative AI

28 Jul 2026

Finance | EY fined £1.2m for Made.com audit after ‘lack of management challenge’

Regulator fines EY and partner £1.24m for audit failings related to going concern, deferred tax and materiality for online sofa business Made.com

28 Jul 2026

Finance

Auditing

Corporate Governance

Image for hmrc unrecovered tax loss hits ps128bn

Tax | HMRC unrecovered tax loss hits £12.8bn

Accounts show 77% increase in HMRC tax losses, with billions of pounds of tax debt and unpaid penalties written off

28 Jul 2026

Tax

HMRC

Image for number millionaires drop 7 election

Tax | Number of millionaires drop 7% since election

Flight of wealthy from UK blamed on ‘hostile culture for wealth creators’, as calls for wealth tax grows

28 Jul 2026

Tax

Personal Tax

Politics

Image for hmrc inheritance tax probes claw back ps13bn

Tax | HMRC inheritance tax probes claw back £1.3bn

Sporadic but large tax take from inheritance probes, with over £1bn collected over last five years

28 Jul 2026

Tax

Personal Tax

HMRC

Image for qa capital allowances and eligibility

Tax | Q&A: capital allowances and eligibility

In this week’s Q&A, Alexander McCarthy, tax adviser at Croner VIP Tax Team, explains the capital allowance rules on plant and machinery for a container business

28 Jul 2026

Navigate

Tax Services

Latest news

Finance | FRC investigates KPMG and two accountants over Wood Group audit

Tax | Capital goods scheme claim threshold raised to £600k

Business | Jailed NASA scientist must pay back £655k after fraud

Tax | Register for webinar on stamp duty tax traps

Tax | HMRC delays leave R&D tax relief ‘too unreliable’, warn SMEs

Business | DJH acquires ‘tech-led’ Gooding Accounts

Finance | Ex KPMG partner appointed head of IFRS Foundation

Finance | Landmark ruling on good faith, conduct and directors’ duties under s172

Business | Accountant vacancies up 32% as London hiring surges

Tax | HMRC conviction rate at lowest level for seven years

Tax | How to avoid a large tax bill when cashing in pensions

HR | Employment tribunal claim limit doubles to six months

Business | Accountant uncovers finance director’s £2.6m fraud

Business | How Croner Intelligence improves accuracy

Finance | EY fined £1.2m for Made.com audit after ‘lack of management challenge’

Tax | HMRC unrecovered tax loss hits £12.8bn

Tax | Number of millionaires drop 7% since election

Tax | HMRC inheritance tax probes claw back £1.3bn

Tax | Q&A: capital allowances and eligibility