Companies

Latest news

Image for double liquidation defeats manchester speedway

Business | Double liquidation defeats Manchester speedway

Manchester’s pre-eminence in the sport of speedway has been dealt a blow with liquidator Nick Hancock of UHY Hacker Young confirming that the local club, Belle Vue Speedway Ltd, which previously owned and managed the Belle Vue Aces team, has formally entered liquidation, as has the company running the sport’s new national stadium

26 Jan 2017

Restructuring & Insolvency

Image for oecd consults developing countries transfer pricing toolkit

Tax | OECD consults on developing countries transfer pricing toolkit

The OECD is seeking feedback on a draft toolkit designed to assist developing countries in work on transfer pricing, which specifically addresses the ways developing countries can overcome a lack of data on ‘comparables’, or the market prices for goods and services transferred between members of multinational corporations

26 Jan 2017

International Tax

Accountancy Firms

Image for future proofing your accounting firm tips and advice

Business | Future proofing your accounting firm: tips and advice

The accounting profession is facing a crossroads and 2017 marks a year of unbundling and testing accounting models as succession and merger pressures escalate for firms. Keith Underwood, MD of Foulger Underwood considers survival techniques for accounting practices

26 Jan 2017

Accountancy Firms

Leadership & Management

Image for frc investigate assetcos former finance chiefs

Finance | FRC to investigate AssetCo’s former finance chiefs

Three former executives of troubled services company AssetCo, including the former chief financial officer, are to be investigated by the Financial Reporting Council (FRC) over allegations they acted ‘dishonestly or recklessly’ during a period in which the company admitted overstating profits and assets by some £235m

25 Jan 2017

Financial Reporting

Accountancy Firms

Called to Account

Image for wilkins kennedy 116m harlequin appeal thrown out

Business | Wilkins Kennedy $11.6m Harlequin appeal thrown out

Wilkins Kennedy’s application to appeal against a High Court order to pay hotel and property developer Harlequin $11.6m (£9.2m) in damages is denied by the Court of Appeal

25 Jan 2017

Accountancy Firms

Called to Account

Image for may promises brexit white paper

Tax | May promises Brexit white paper

In the wake of the Supreme Court ruling that government does not have the power to trigger Article 50 without parliamentary approval first, prime minister Theresa May has confirmed there will be a white paper on Brexit setting out the government’s plans relating to the UK’s exit from the EU

25 Jan 2017

Image for hmrc meet software developers discuss making tax digital rollout

Tax | HMRC to meet software developers to discuss Making Tax Digital rollout

Software developers are meeting with HMRC next Monday to update them on the latest position on the plans and rollout timetable for Making Tax Digital, with a view to finalising the next steps in the run-up to the launch of quarterly reporting for sole traders and buy-to-let landlords

25 Jan 2017

Making Tax Digital

Accountancy Firms

Image for public sector employers report gender pay gap

Business | Public sector employers to report on gender pay gap

The government has issued the draft regulations requiring specified public sector employers with at least 250 employees to report on the gender pay differences of their employees, with the data due to be published before March 2018

25 Jan 2017

Accountancy Firms

Image for tesco faces additional ps159m investor claim

Finance | Tesco faces additional £159m investor claim

There are reports Tesco is facing a claim for damages from US fund manager Manning & Napier, which alleges the supermarket retailer’s accounting irregularities in 2014 resulted in the investor suffering losses of around $200m (£159m)

25 Jan 2017

Financial Reporting

Accountancy Firms

Called to Account

Image for contractors and self employed brexit and mortgages

Business | Contractors and self-employed: Brexit and mortgages

House prices in the UK are surprisingly resilient despite the threat of swingeing tax rises for buy-to-let landlords from April 2017 and post-Brexit concerns. Luke Somerset, business development director at Contractor Financials provides tips and advice for contractors and self employed purchasers

25 Jan 2017

Accountancy Firms

Image for frc holds open meeting 201718 priorities

Finance | FRC holds open meeting on 2017/18 priorities

The Financial Reporting Council (FRC) is holding its annual priorities meeting at the start of next month, to which stakeholders are invited to discuss the regulator’s focus of activity for 2017/18.

24 Jan 2017

Financial Reporting

Corporate Governance

Image for lords scrutinise making tax digital proposals

Tax | Lords to scrutinise Making Tax Digital proposals

The House of Lords Economic Affairs Committee has set up a Finance Bill sub-committee (FBSC) to inquire into the draft Finance Bill 2017, examining proposals to Making Tax Digital (MTD) that will apply to individuals, businesses and landlords

24 Jan 2017

Accountancy Firms

Image for government loses article 50 appeal

Business | Government loses Article 50 appeal

The Supreme Court has ruled that government does not have the power to trigger Article 50 without parliamentary approval first but, Scottish Parliament and Welsh and Northern Ireland assemblies do not need to be consulted

24 Jan 2017

Image for kpmg says super cases push uk fraud over ps1bn barrier

Business | KPMG says ‘super cases’ push UK fraud over £1bn barrier

The value of alleged fraud reaching UK courts broke the £1bn barrier for the first time in five years in 2016, due to a resurgence in 'super cases' involving losses of £50m or more, according to research by KPMG

24 Jan 2017

Accountancy Firms

Image for bt rings ps530m italian accounting errors

Finance | BT rings up £530m in Italian accounting errors

BT has issued a profit warning after discovering accounting errors totalling £530m rather than its original £145m estimate as a result of ‘inappropriate behaviour’ in its Italian business, following an internal investigation and a review by KPMG

24 Jan 2017

Financial Reporting

Accountancy Firms

Called to Account

Image for rd reliefs integral mays industrial strategy

Tax | R&D reliefs integral to May's industrial strategy

The government has issued a green paper on future industrial strategy outlining plans to review tax breaks for investment in research and development (R&D), enhance training provision and increase capital investment

23 Jan 2017

Accountancy Firms

B&ADTV

Croner Intelligence versus Generative AI

Keeping up with your CPD and ISQM requirements

People with significant control

Most Read

1

From suits and ties to smart casual: what should men actually wear to work?

view

2

Tax traps for Harry and Meghan on return to UK

view

3

Accountancy bodies slate HMRC plan for ‘reckless statements’ offence

view

Latest Spotlight

1

AI guardrails: how is your data protected?

view

2

From suits and ties to smart casual: what should men actually wear to work?

view

3

Maternity leave and notification of internal vacancies

view

Editor's Picks

1

How Croner Intelligence works: under the bonnet

view

2

‘He doesn’t have to prove anything,’ defence closes in barrister’s £2m tax trial

view

3

UK GAAP changes to lease accounting: part two

view

CPD Tracker

Our CPD Tracker allows you to bank structured CPD time.

If you’re already a subscriber, log in to access the CPD Tracker to check your points to date and export the data from your personal records.