Business | People in the news: Old Mill, Grant Thornton, TaxAssist, French Duncan

In this week’s accountancy career moves, promotions at French Duncan, senior hires at Grant Thornton, KPMG and Baker Tilly Mooney Moore, and US chief for TaxAssist

27 Aug 2021

Business

Companies

Accountancy Firms

Careers

Business | Mechanics banned for fraudulently securing £176k loans

Two motor parts suppliers have been banned for collectively 25 years after fraudulently securing £176,000 worth of loans

27 Aug 2021

Business

Companies

Called to Account

Business | Use final month of furlough to plan for the future, warns R3

Insolvency and restructuring trade body R3 is urging directors of Covid-hit businesses to use the final month of the government’s furlough scheme to plan for the future and address any financial issues they face

27 Aug 2021

Business

Companies

Restructuring & Insolvency

Business | Scaffolder’s director ban over covid-19 loan ruse

A Sunderland scaffolder’s bankruptcy restriction has been extended for 10 years after he secured a Covid-19 loan using a defunct company

25 Aug 2021

Business

Companies

Called to Account

Business | Same day services extended at Companies House

Companies House has extended the daily deadline for filing a change of company name or incorporating a company

25 Aug 2021

Business

Companies

Business | Growth loses momentum as supply shortage bites

UK private sector companies experienced a sharp slowdown in output growth during August, according to the latest PMI data compiled by IHS Markit and CIPS

24 Aug 2021

Business

Companies

Finance | ESG reporting needs senior management buy-in

Companies need the support of the board and senior management to drive adoption of environmental, social and governance (ESG) reporting but there is not enough high-level backing

24 Aug 2021

Finance

Financial Reporting

Business

Companies

Business | 70% of football clubs deferred tax payments

The BDO Football FD report revealed that 70% of football clubs deferred their tax payments last year with more than three quarters of England’s professional clubs having concerns about their financial health

20 Aug 2021

Business

Companies

Business | Accountants must play key role in application of AI

As artificial intelligence (AI) becomes more mainstream accountants need to lead the way in adopting it as part of environmental, social and governance (ESG) reporting, says the Association of Chartered Certified Accountants (ACCA)

20 Aug 2021

Business

Companies

Accountancy Firms

Business | Bosses at FTSE 100 see pay cut by 17%

FTSE 100 CEOs were paid an average £2.69m in 2020, equivalent to 86 times the median full-time worker in the UK, although this marked a 17% fall in take home pay due to the pandemic

19 Aug 2021

Business

Companies

Leadership & Management

Business | Smith Cooper joins PKF International

PKF International has strengthened its UK presence signing up Midland’s accountancy and business advisory firm Smith Cooper to its network

19 Aug 2021

Business

Companies

Accountancy Firms

Tax | 83% of businesses not aware of plastic tax

With less than a year to go until the plastic packaging tax is introduced a survey by Veolia found that 83% of businesses asked were not aware of the tax

19 Aug 2021

Tax

Business Tax

Business

Companies

Tax | HMRC hub office opens in Liverpool

HMRC’s India Building hub in Liverpool has finally opened and will accommodate 4,500 government department staff in the new city centre site

19 Aug 2021

Tax

HMRC

Business

Companies

Careers

Business | HMRC reveals ‘absurd’ excuses for not paying minimum wage

Employers who flout the minimum wage rules give HMRC the most feeble excuses why they underpaid their staff

18 Aug 2021

Business

Companies

Tax | 91% of SMEs support change to tax year

 A survey by accountancy firm BDO found that 91% of mid-sized businesses overwhelmingly support a change to the tax year from 4 April to 31 December

18 Aug 2021

Tax

Business Tax

Employment Tax

Personal Tax

Business

Companies