Business | R&D tax relief for SMEs slumps by £1bn

The amount paid out to SMEs in research & development (R&D) relief has been declining since 2021/22 as less companies attempt to claim the relief

12 Dec 2024

Business

Companies

Tax

Business Tax

HMRC

Business | Tax campaigner Margaret Hodge named as anti-corruption champion

Renowned tax campaigner Baroness Margaret Hodge has been appointed as UK’s anti-corruption champion after decades of campaigning against tax avoidance by multinationals and use of illicit finance  

10 Dec 2024

Business

Companies

Tax

Politics

Leadership & Management

Business | Staff demand crumbles to lowest in four years

Job vacancies across the accounting and financial sector have fallen sharply since Labour came to power, with November showing a significant decline compared to 2023

10 Dec 2024

Business

Companies

Business | Firework trader jailed after forging court letters

Birmingham director has been jailed after faking court documents and failing to pay £500,000 to HMRC and creditors

4 Dec 2024

Business

Companies

Called to Account

Business | Church fraudster jailed for £1.5m Gift Aid scam

The former accountant of a children’s charity and head pastor of a community church have been jailed after convincing 10 churches to make fraudulent Gift Aid claims

3 Dec 2024

Business

Companies

Called to Account

Business | James Dow to step down as CEO of Dow Schofield Watts

James Dow, co-founder and CEO of Dow Schofield Watts, is set to step down as CEO in April 2025 but will remain on the board  

3 Dec 2024

Business

Companies

Accountancy Firms

HR

Leadership & Management

Business | IRIS to acquire £47m Dext software business

Accounting software provider IRIS plans to acquire Dext through a private equity backed deal, creating a business with combined UK revenue of £200m

3 Dec 2024

Business

Companies

AI & Technology

Business | Will AI signal end of billable hours for accountancy firms?

The rise in the use of artificial intelligence in accounting could hit billable hours, but fixed fees could be the best alternative, argues Alex Smith, global search & AI lead, iManage

3 Dec 2024

Business

Companies

Accountancy Firms

AI & Technology

Business | Lord Mayor urges PM to support City through tax policy

The Lord Mayor of London, Alistair King, has told the PM that the City ‘strongly welcomes’ the government’s direction on growth but that it was not ‘going far enough or fast enough’

3 Dec 2024

Business

Companies

Business | Typhoo Tea rescued by vape seller for £10.2m

AIM listed Supreme has acquired the trade and assets of Typhoo Tea after the long-established tea brand went into administration

2 Dec 2024

Business

Companies

Restructuring & Insolvency

Business | NatWest advent calendar shares top 12 online scams

With Christmas approaching many of us will be shopping online, which comes with the risk of being scammed as opportunist fraudsters look to capitalise

29 Nov 2024

Business

Companies

Business | Typhoo Tea calls in administrators as potential buyer lined up

Talks to save the 120-year-old business are underway as Typhoo Tea appoints administrators from Kroll

28 Nov 2024

Business

Companies

Restructuring & Insolvency

Business | Black Friday deal: 20% off HR support from BrightHR

Business & Accountancy Daily and Croner-i have strategically partnered with the UK’s leading HR, H&S and payroll software company, BrightHR, to offer our readers an exclusive 20% discount on the market's easiest to use software

28 Nov 2024

Business

Companies

Finance

HR

Work

Leadership & Management

Business | Gambling companies to be charged 1.1% levy

Licensed gambling companies may be subject to a gambling levy from April 2025 based on their Gross Gambling Yield, which 50% of the respondents to the consultation disagreed with

27 Nov 2024

Business

Companies

Business | Crypto investors should ‘be prepared to lose all your money’

The number of adults in the UK owning a form of cryptocurrency has once again increased, as well as the average amount held, but a lack of regulations means it is still a high risk investment

26 Nov 2024

Business

Companies