In second round of redundancies this year, KPMG cuts several hundred client-facing advisors in consulting and deal advisory citing ‘low levels of attrition’
Only one in five business loans go to SMEs with lending costs too high and the application process complex, while over half do not even try to access external funding
Overhaul of right to work (RTW) checks will broaden the net to contractors, and agency and casual workers with stiff penalties for non-compliance, explains Stacie Cheadle, technical writer at Croner
In this week’s career moves, partner promotions and hires at Azets, Devonshires, PKF Littlejohn, Johnston Carmichael, S&W, Grant Thornton, iplicit, Acting Office
The shift to alternative advice from finfluencers and AI means firms have to work twice as hard to retain clients and win new business, and they cannot stand idly by in the face of the threat, says Esha Amani-Cundy, personal tax manager at Ward Goodman
Changes to Audit Regulations sees a 90-day time limit dispensation if audit firms breach eligibility requirements, and impacts audit qualified majority ownership
The imminent introduction of mandatory benefits in kind payrolling means it is time to ensure PAYE settlement agreements are up to date to avoid problems with HMRC over year end corrections, explains Caroline Harwood, partner and head of national tax at BDO
EXCLUSIVE: Chief executive John-Paul Marks bats away fears AI rollout will trigger job cuts at the tax office, insisting ‘HMRC is growing as an organisation’
Chartered accountant and former Treasury minister Justine Greening awarded ICAEW’s outstanding achievement award for contribution to public service and social mobility
Stacie Cheadle, technical writer at Croner, sets out issues for employers to consider from requests for term-time and flexible working to parental leave
Third of staff use generative AI tools in their work despite not have ‘explicit permission’, with half of workforce receiving no training on how to use tools