The Insolvency Service has been given more powers to tackle rogue directors who dissolve their companies and avoid paying liabilities to staff, creditors and the taxpayer
More than a quarter of professional accountants (27%) say they have been put under pressure to act in an unethical way over the past three years by inflating budgets or ignoring financial rules
The latest figures on use of the Coronavirus Job Retention Scheme show that 11.7m jobs were supported by furlough throughout the pandemic, highlighting the risk of HMRC investigations
The Financial Reporting Council (FRC) urges companies to use the after effect of the Covid-19 pandemic to incorporate a positive working culture into their business model
Since the global pandemic began and central banks reacted to the uncertainty by slashing interest rates, there has been a natural focus on which nation will see a tapering of asset purchases and interest rate rises first, says Dan Wray, senior executive director at Global Reach
Accountancy firm Azets has warned SME businesses of rogue research and development (R&D) advisers who are targeting SMEs and making inappropriate claims
The Financial Conduct Authority (FCA) has published its expanded plans for its Consumer Duty regulations which aim to ensure higher standards of consumer protection in the financial services sector
The latest BDO business survey revealed that 80% of mid-sized businesses expect rising fuel prices, supply chain disruption, and increasing energy costs to impact end of year trading
Two company directors and an accountant have been banned for a total of 13.5 years after they failed to keep company records and avoided £500,000 in tax
The government’s measures to prevent fraud in its bounce back loan scheme (BBL) have been labelled inadequate by National Audit Office (NAO) and were introduced too late
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