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Image for business urge action brexit re negotiation

Business | Business urge action on Brexit re-negotiation

Although the government has won the support of Parliament for prime minister Theresa May to negotiate a revised withdrawal deal for the UK’s departure from the EU, business groups remain deeply concerned about the uncertainty and potential disruption surrounding Brexit plans, with under 60 days to go to the deadline

30 Jan 2019

Image for good work plan what new workplace laws mean employers

Business | Good Work Plan: what the new workplace laws mean for employers

Workplace practices are set to change when the government introduces new regulations for workers, increasing the compliance burden for employers. Kate Palmer, associate director of advisory at Peninsula, explains the implications and potential pitfalls

30 Jan 2019

Accountancy Firms

Leadership & Management

Image for cma planning no deal brexit

Business | CMA planning for ‘no deal’ Brexit

The Competition and Markets Authority (CMA) has opened a month-long consultation on its plans in the event of the UK leaving the EU on 29 March without a negotiated deal, which would impact its work on ongoing and future investigations

29 Jan 2019

Image for charitys regeneration project falls administration

Business | Charity’s regeneration project falls into administration

Blair Nimmo, partner, and Alistair McAlinden, director of KPMG have been appointed as joint administrators of The People’s Development Trust, a regeneration charity based in Glasgow which has experienced significant financial difficulties and ceased trading

29 Jan 2019

Restructuring & Insolvency

Image for tax and regulation compliance costs ps60k small companies

Tax | Tax and regulation compliance costs up £60k for small companies

The UK small business community is collectively spending 15% more on taxes, levies and employment obligations compared to 2011, according to the latest impact of government policy index (IGPI), compiled by the Centre for Economics and Business Research (Cebr) for the Federation of Small Businesses (FSB)

29 Jan 2019

Accountancy Firms

Business | Luxury German brand Gerry Weber in insolvency proceedings

In a sign that retail financial turmoil is extending beyond the UK upmarket German womenswear brand Gerry Weber, which has outlets in a number of UK department stores, has entered preliminary insolvency proceedings after talks with its finance partners broke down and is to cut hundreds of jobs in Germany and abroad

28 Jan 2019

Restructuring & Insolvency

Image for public trusts accountants over politicians tax

Tax | Public trusts accountants over politicians on tax

The public has greater trust in professionals, including accountants and tax advisers, than in politicians and non-government organisations (NGOs), when it comes to tax systems but the increasing complexity of tax systems comes in for criticism across G20 countries

28 Jan 2019

Making Tax Digital

Accountancy Firms

Leadership & Management

Image for global tax advisory revenues top 20bn

Tax | Global tax advisory revenues top $20bn

Tax advisory revenues globally have hit $20bn (£15.2bn), up by 8.6%, with the UK market set to grow faster than any other European country in 2019 with Brexit driving growth, according to analysis from Source Global Research

28 Jan 2019

International Tax

Accountancy Firms

Image for begbies traynor hammers out pre pack engineering specialist

Business | Begbies Traynor hammers out pre-pack for engineering specialist

Begbies Traynor has been appointed as joint administrators of Newburgh Precision in Rotherham, and have immediately sold the company in a pre-pack deal with Ledantech Ltd, saving all 80 jobs at the business

28 Jan 2019

Accountancy Firms

Restructuring & Insolvency

Image for worker rights and employment status under good work plan

Tax | Worker rights and employment status under Good Work Plan

Government plans to separate the frameworks for determining employment status for tax and employment rights purposes following the Taylor Review of Modern Working Practices could overhaul the position of the self employed. David Williams-Richardson, tax partner at RSM, examines the Good Work Plan proposals

28 Jan 2019

Accountancy Firms

Image for premier league football delivers ps33bn tax

Tax | Premier League football delivers £3.3bn in tax

HMRC is scoring big when it comes to football finance, with a £3.3bn total tax take from the Premier League in the 2016/17 season, up by 50% from 2013/14

25 Jan 2019

Image for new year new job opportunities

Business | New year, new job opportunities

Many employees are treating the New Year as an opportunity to rethink career prospects, with 52% of accountancy and finance professionals planning to move jobs over the next 12 months

25 Jan 2019

Accountancy Firms

Image for ey us sets independent audit quality committee

Finance | EY US sets up independent audit quality committee

EY US has set up an independent audit quality committee (IAQC), comprised of senior external leaders and a former member of the Public Company Accounting Oversight Board (PCAOB), which will advise the US firm’s senior leadership on issues that affect audit quality

25 Jan 2019

Corporate Governance

Accountancy Firms

Image for hewitt millennial accountants demand more firms

Business | Hewitt: millennial accountants demand more from firms

Advances in technology and changing client expectations are leading many younger accountants to change how they do business, leaving many traditional firms behind, argues Colin Hewitt, CEO of Float

25 Jan 2019

Accountancy Firms

AI & Technology

Leadership & Management

Image for uk corporates slow adopt climate change reporting guidelines

Finance | UK corporates slow to adopt climate change reporting guidelines

Two-thirds (67%) of UK corporates will be disclosing climate-related risks and opportunities in their 2019 annual reporting, but under a quarter will meet new disclosure guidelines according to figures from the Carbon Trust

24 Jan 2019

Accounting Standards

Financial Reporting

Accountancy Firms

Image for carlos ghosn resigns renault

Business | Carlos Ghosn resigns from Renault

Carlos Ghosn, currently held in prison in Japan on allegations of fraud, has resigned as chief executive and chairman of Renault, having already been dismissed from his leadership role at Nissan

24 Jan 2019

Accountancy Firms

Called to Account

Leadership & Management

B&ADTV

Croner Intelligence versus Generative AI

People with significant control

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