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Image for maximum fraud refund be slashed ps85k

Business | Maximum fraud refund to be slashed to £85k

Fraud is rife in the UK with it being the most common crime committed but the regulator is reducing the maximum refund for fraud victims from £415,000 to £85,000 from 7 October

6 Sep 2024

Image for businesses far comfortable employment rights overhaul

Tax | Businesses ‘far from comfortable’ with employment rights overhaul

Sweeping changes to employment rights for workers will be set out in draft legislation by 14 October at the latest, minister confirms

5 Sep 2024

Accountancy Firms

Image for sellers accelerate ma deals amid threat cgt increase

Business | Sellers accelerate M&A deals amid threat of CGT increase

Despite a drop in the number of UK mergers and acquisition (M&A) deals in Q2 2024, activity is set to ramp up in the lead up to the Budget

3 Sep 2024

Accountancy Firms

Image for business leaders worry about risk higher taxes

Tax | Business leaders worry about risk of higher taxes

Labour has vocalised its ambition to restore growth but company directors’ confidence levels have fallen to negative levels since they were elected

2 Sep 2024

Accountancy Firms

Image for sham insolvency firms misled directors about debt liability

Business | Sham insolvency firms misled directors about debt liability

A web of advisers offered ‘rescue services’ to ailing companies by declaring debt liabilities would be written off

2 Sep 2024

Restructuring & Insolvency

Called to Account

Image for ps1bn public sector contracts due expire

Tax | £1bn of public sector contracts due to expire

KPMG was awarded a £223m public sector contract even after Rachel Reeves pledged to reduce the spending on consultants to plug the gap in government finances

2 Sep 2024

Accountancy Firms

Image for qa pros and cons short term contracts

HR | Q&A: pros and cons of short-term contracts

When hiring new staff businesses often look to offer short-term or zero hour contracts, instead of permanent roles, but what are the potential pitfalls

30 Aug 2024

Leadership & Management

Accountancy Firms

Image for chancellor calls business leaders help fix foundations

Tax | Chancellor calls on business leaders to help ‘fix the foundations’

After warnings of doom and gloom about the October Budget, Rachel Reeves has met a group of business leaders to stress the importance of working together

29 Aug 2024

Image for half small business invoices paid late

Business | Half of small business invoices paid late

Small business owners and freelancers continue to be plagued by the problem of late payment with 49% of all invoices paid late

27 Aug 2024

Accountancy Firms

Image for taxi driver skids track ps100k loan fraud

Business | Taxi driver skids off track in £100k loan fraud

An Essex taxi and delivery driver has been hit with an 11-year bankruptcy restriction after fraudulently claiming loans during the height of the pandemic

22 Aug 2024

Called to Account

Image for first king charles ps1 coins buzz circulation

Business | First King Charles £1 coins buzz into circulation

Coin collectors are encouraged to keep an eye on their change for a piece of history, as King Charles III’s first £1 coin enters circulation this week

20 Aug 2024

Accountancy Firms

Image for bhs boss pay ps56m letting retailer fail

Business | BHS boss to pay £56m for letting retailer fail

Dominic Chappell, former CEO of collapsed retail group BHS, has been ordered to pay £56m in compensation for wrongful trading

20 Aug 2024

Restructuring & Insolvency

Image for people news azets bdo grunberg pwc

Business | People in the news: Azets, BDO, Grunberg, PwC

In this week’s accountancy career moves, partner promotions and hires at PwC, BDO, Azets, Wbg, Grunberg & Co, McGills, MSP Capital

16 Aug 2024

Accountancy Firms

Leadership & Management

Image for preparing back school flexible working requests

Business | Preparing for back-to-school flexible working requests

Arranging working hours around childcare and school hours can be difficult for those responsible for looking after children

16 Aug 2024

Image for neurodivergence should be embraced accountancy

Business | Neurodivergence should be embraced in accountancy

Employees who are neurodivergent add great value and creativity to the workforce, says ACCA

16 Aug 2024

Image for maths most popular level subject taken

Business | Maths most popular A level subject taken

More than 800,000 A level results handed out to students in England with the number of top grades rising after return to exam board marking

15 Aug 2024

Accountancy Firms

B&ADTV

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Q&A: tax on property business profits

Q&A: VAT deregistration and 30-day rule

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