The time constraints involved in the Making Tax Digital (MTD) scheme appear to be one of the main concerns to taxpayers, according to polling results and questions asked during one of HMRC’s MTD webinars

As part of the preparation for full digitisation of HMRC services, the tax authority is reviewing the paper communications it currently has with tax agents about corporation tax returns

The government is set to consult on plans to extend the scope of the criminal offence of a corporation ‘failing to prevent’ offending beyond bribery to include other economic crimes, such as money laundering, false accounting and fraud, saying it wants to ensure senior management takes responsibility for any financial wrongdoing which is uncovered

In an exclusive survey of first-time adopters of FRS 101 Reduced Disclosure Framework, David Stein, Wolters Kluwer Company Reporting technical author, reviews a selection of FTSE 350 companies and their approach to compliance with the new accounting rules and use of exemptions

The Serious Fraud Office (SFO) has confirmed three former Tesco directors will face fraud charges in relation to the accounting scandal that hit the supermarket in 2014

Julian Pitts and Bob Maxwell, partners at Begbies Traynor, have been appointed as joint administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies which has collapsed with the loss of 126 jobs

The Chartered Institute for Public Finance and Accountancy (CIPFA) has opened a training centre in Wales dedicated to supporting professionals in public finance

CABA will host personal and professional development courses at the weekend for the first time to allow time pressed members to attend, who otherwise may not have been able to due to work commitments

Thirteen leading CEOs have joined Odgers Berndtson’s ‘CEO for a day’ scheme to give students an insight into what life is like for the UK’s top executives

Tesco has been graded as bottom of the class in the latest ranking of the FTSE 100 according to their corporate governance performance, while accounting software supplier Sage is fourth on the list, which has been compiled by the Institute of Directors (IoD)

The Scottish government has decided to offer a new £500m package of financial support for private sector business investment, after concerns that increased Brexit uncertainty is making it harder for companies to find funding

In a major shakeup, HMRC has announced plans to restructure the organisation to improve customer service and focus on client needs, marking a move away from the siloed approach of the current tax department as it creates three core groups to deal with customers, strategy and compliance