Over 50,000 taxpayers have used a new online portal to claim tax relief for working at home during the pandemic in the first ten days of its operation, HMRC has revealed
The UK’s professional and business services sector, including accountancy and audit firms, is at risk because of the government’s failure to nail down future UK-EU arrangements on trade in services, a House of Lords committee has warned
The Financial Reporting Council (FRC) is calling on accountancy firms to prioritise increased diversity at the most senior levels of management, with partners being the least diverse when it comes to gender, ethnicity and disability, according to its latest report on the profession
The former CEO of Grant Thornton, the billionaire brothers who recently acquired Asda and the head of GlaxoSmithkline are amongst those from the finance sector named in the Queen’s Birthday Honours List 2020
With the government set to introduce localised Covid-19 lockdowns of varying severity, the job support scheme (JSS) is to be expanded to support businesses required to close their doors as a result of coronavirus restrictions
The rise of the self-employed ‘quantum worker’, who takes on multiple assignments, demands a change in how businesses manage their payroll and tax management, says John Whelan, CEO of My Digital
In this week’s accountancy career moves, partners appointed at Thomas Westcott, MHA MacIntyre Hudson and Deloitte, financial services leader named at EY, and associate director appointed at RSM
Deloitte has announced its new audit and assurance leadership team as the firm begins to implement operational separation of audit and other service lines
Marking the start of Black History Month, EY’s Zaheer Ahmad sets out what his firm is doing to tackle low black numbers in the accounting profession, including 30% targets for black work experience and school leaver recruitment
Faced with the Covid-19 crisis, forward thinking accountants have flourished while more traditional firms have struggled. Shane Lukas of AVN, the accountants’ association, sets out how firms can succeed while others fail
HMRC has published guidance on how businesses can claim the government’s £1,000 job retention bonus, available to employers who keep furloughed workers on the payroll for the next three months
In this week’s accountancy career moves, partners appointed at Moore Kingston Smith, MHA Larking Gowen, MHA Henderson Loggie and Buzzacott, and chairman elected at Employer Covenant Practitioners Association (ECPA)
The Swiss canton of Geneva is to introduce a statutory minimum wage of CHF23 (£20.82) per hour, setting an average monthly minimum wage of around £3,500, one of the highest in the world
The global pandemic is changing the role of the chief financial officer (CFO) according to research by ACCA and the Institute of Management Accountants (IMA), which identified a growing shift to more strategic responsibility
Deloitte has given its backing to a new initiative launched by the CBI to increase racial and ethnic participation in British businesses at the highest levels, the first accountancy firm to signal its commitment
With Belfast coming out top in a survey of the best places to work from home, Matthew Scott sets out the best ways to make the most of the new normal, whether it is in the kitchen or sitting room, London or Manchester