In a move to end poor payment practices, the government-backed Prompt Payment Code (PPC) will now promote 30-day terms as standard, with a 60-day maximum limit.
Lush Cosmetics, the manufacturer and retailer of fresh, handmade cosmetics and exotic bath products, has become the first high street multinational company in the UK to be awarded the Fair Tax Mark
There are fears that lower prices will lead to lower wages and a greater debt burden, but wages are stable, for now, says Bill Robinson, senior economist at KPMG
Long-term planning could be tricky for many government departments as political parties set their goals for public spending. Rowena Crawford and Soumaya Keynes of the Institute for Fiscal Studies analyse the alternative green budget
Insolvency trade body R3 is calling for the re-introduction of criminal bankruptcy to make it easier to return money from fraudsters to their victims, saying that cuts in resources mean government agencies are failing to chase up recoveries effectively and a change in legislation would enable insolvency practitioners (IPs) to do more to help
EY has teamed up with three UK universities to launch an ‘earn as you learn’ employment programme, giving students the opportunity to study for a degree while receiving financial support and work experience from the Big Four firm
Margaret Hodge MP has criticised professional advisers who accuse MPs of not understanding tax, pointing out it is in fact the profession that advises the Treasury on writing the tax code
The majority of accounting professionals expect to receive a pay rise this year and most are confident they can find a new role if their salary increase disappoints, according to research by recruiter Robert Walters
Accountants are being urged to take on TrekFest this summer – the ultimate charity endurance test organised by Global Adventure Challenges, which involves strenuous hiking over the Brecon Beacons or through the Peak District, all to raise money for charity
The degree of consolidation across law firms is gathering pace as competition from the accountancy sector intensifies following the introduction of alternative business structure (ABS) status, but there are opportunities for lawyers and accountants to work together, says Tina Williams, chair and head of professional practices, Fox Williams LLP
HMRC is running an advanced tax training course, particularly targeted at tax authorities in Commonwealth countries, to raise standards of tax collection and compliance
A well trained workforce, with the relevant skills of the industry is critical not only to the success of the business in which they work, but to growth and to our economic viability as a country. Without skills and innovation we will fall further and further behind, while emerging market economies take over, says Yvette Nunn
Shaw Gibbs shakes up top management, PKF Cooper Parry strengthens Midlands team, BDO boosts financial services team as KPMG looks to build pensions expertise with senior external appointment