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Business | UHY Hacker Young names Banerjee new managing partner

Subarna Banerjee has been appointed as the new managing partner at top twenty firm UHY Hacker Young, taking over from Laurence Sacker who has held the role since 2016

28 Apr 2020

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| Covid-19: ‘systemic shock’ to audit client engagement

The disruption caused by the Covid-19 pandemic is already having a significant impact across the audit profession, and on smaller companies in particular, research by ACCA has found

28 Apr 2020

Finance | IASB looks to align IFRS for SMEs with full standards

The International Accounting Standards Board (IASB) has begun consulting on proposals to update the IFRS for SMEs standard, which include consideration of whether and how to align the simplified accounting standard for small and medium-sized entities with full IFRS standards

28 Apr 2020

Business | Covid-19: call to align top exec pay with workforce experience

During the current coronavirus pandemic UK listed companies must ensure executive remuneration is reflective of the pay and conditions in the wider workforce, or risk harming public and shareholder perception of their brands, the Investment Association (IA) has warned

28 Apr 2020

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Image for covid 19 ps50k bounce back loans small businesses

Business | Covid-19: £50k ‘bounce back’ loans for small businesses

The Chancellor has announced a 100% government backed loan scheme for small businesses, designed to offer up to £50,000 of fast-track finance for those affected by coronavirus

28 Apr 2020

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Business | ‘Virtual’ Brexit negotiations recommence

This week sees the UK resume stalled negotiations with the EU over the terms of its withdrawal, including critical trade deals, which are scheduled to be completed by the end of the year, with the tight timetable raising fears of a potential ‘hard Brexit’

24 Apr 2020

Business

Companies

Tax | Rayney on furlough - does it make sense for all businesses?

The Coronavirus Job Retention Scheme – based on the 80/20 approach as per the Pareto Principle – gives businesses an invaluable lifeline but they must follow the rules. Peter Rayney FCA CTA, our favourite tax expert and vice president of the Chartered Institute of Taxation (CIOT), examines the potential pitfalls of the emergency covid-19 furlough rules

24 Apr 2020

Tax | Denmark and Poland ban covid-19 grants for multinationals based in tax havens

Denmark and Poland are the first EU countries to refuse to pay taxpayer funded grants to giant multinationals with head offices registered in tax havens, reports Pat Sweet

22 Apr 2020

Tax | Covid-19: Branson told BVI lockdown hideaway not a collateral asset

Multimillionaire Sir Richard Branson has been told that the government is not prepared to hand out a £500m bailout loan for Virgin Atlantic, the airline in which he owns a minority 20% stake, with majority shares held by EU and US owned carriers

22 Apr 2020

Finance | Covid-19: lessons from construction collapses

As the sector that recorded the highest number of insolvencies in 2019 faces up to the latest threat of coronavirus, Naismiths’ head of asset recovery Ben Harwood asks if other sectors can learn from how construction companies handle threats to their business

22 Apr 2020

Business | Covid-19: Grant Thornton makes cuts and forecasts 20% profit drop

Grant Thornton has cut the pay and hours of some 300 employees ahead of an anticipated 20% drop in profits at the firm, which earlier in the pandemic sought volunteers to work reduced hours or opt for a short-term sabbatical

21 Apr 2020

Leadership & Management

Image for covid 19 car finance help consumers

Business | Covid-19: car finance help for consumers

The Financial Conduct Authority (FCA) has announced a package of measures covering motor finance and high cost credit agreements to directly support consumers facing payment difficulties due to coronavirus

21 Apr 2020

Business

Companies

Image for top tips furlough and coronavirus job retention scheme

Tax | Top tips: furlough and the Coronavirus Job Retention Scheme

HMRC announced on Wednesday 15 April that the eligibility cut-off date for the Coronavirus Job Retention Scheme is now 19 March 2020 (originally this date was 28 February 2020). Here our Croner Taxwise experts explain the intricacies of the furlough scheme

21 Apr 2020

Business | Half a million businesses in distress pre-Covid

The number of businesses experiencing significant financial distress passed the half million mark for the first time by the end of March, as the coronavirus pandemic took hold, according to research by Begbies Traynor

20 Apr 2020

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Image for hmrc emails two million eligible businesses login details furlough portal

Tax | HMRC emails two million eligible businesses login details for furlough portal

The government has sent personalised emails to an estimated two million eligible employers who operate PAYE systems with final details about how the furlough claim scheme will work and what employer reference codes will be required, with a step by step guide to how to use the furlough claim portal. Sara White reports

20 Apr 2020

Business | Covid-19: Future Fund for 'innovative' companies with matched state funding

The government is planning to shore up some of the perceived gaps in the covid-19 rescue package with the launch of the Future Fund targeted at equity funded businesses which have been operating for five years or more

20 Apr 2020

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Latest news

Business | UHY Hacker Young names Banerjee new managing partner

| Covid-19: ‘systemic shock’ to audit client engagement

Finance | IASB looks to align IFRS for SMEs with full standards

Business | Covid-19: call to align top exec pay with workforce experience

Business | Covid-19: £50k ‘bounce back’ loans for small businesses

Business | ‘Virtual’ Brexit negotiations recommence

Tax | Rayney on furlough - does it make sense for all businesses?

Tax | Denmark and Poland ban covid-19 grants for multinationals based in tax havens

Tax | Covid-19: Branson told BVI lockdown hideaway not a collateral asset

Finance | Covid-19: lessons from construction collapses

Business | Covid-19: Grant Thornton makes cuts and forecasts 20% profit drop

Business | Covid-19: car finance help for consumers

Tax | Top tips: furlough and the Coronavirus Job Retention Scheme

Business | Half a million businesses in distress pre-Covid

Tax | HMRC emails two million eligible businesses login details for furlough portal

Business | Covid-19: Future Fund for 'innovative' companies with matched state funding