Companies

Image for lack information hits hmrc relationship mid sized businesses

Tax | Lack of information hits HMRC relationship with mid-sized businesses

Mid-sized businesses have described how difficulty in finding information and criticisms about the quality of information provided by HMRC adversely affects their relationship with the tax authority

26 Aug 2016

Tax | HMRC too fragmented and failing to address customer service

Ongoing problems with poor customer service, a siloed approach to departmental organisation and cuts in staffing at HMRC remain critical areas of concern for key stakeholders, incuding regulators, MPs and tax agents, interviewed for the latest HMRC stakeholder survey

26 Aug 2016

Business | Large businesses say high staff turnover damaging HMRC relationships

The high turnover rate among HMRC customer relationship managers (CRMs) - the key intermediaries between clients and tax officials - means some large businesses feel their relationship with the tax authority has deteriorated over the past year

25 Aug 2016

Image for chancellor guarantees eu funding and grants beyond brexit

Business | Chancellor guarantees EU funding and grants beyond Brexit

The Treasury has confirmed that British businesses and universities have been given guarantees over future funding under EU schemes like Horizon 2020 and should continue to bid for competitive EU funds while the UK remains a member of the EU

25 Aug 2016

Image for client relationships undermined over reliance it

Business | Client relationships undermined by over reliance on IT

The increasing use of IT and automated systems is having a negative impact on accountants by reducing their interaction with their clients leading to 60% of firms losing one to ten clients in the past year, research has shown

24 Aug 2016

Finance | Houchen: the end of manual reporting for accounts

The accounting error in the M&S quarterly accounts highlights the risks of complex manual reporting processes as companies handle increasingly diverse financial data sources, warns Dee Houchen, senior director for ERP applications, Oracle

24 Aug 2016

Business | Fake invoices see father and daughter directors banned

A father and daughter who were directors of a wholesaler and supplier of electrical goods have been disqualified for total of 16 years for raising false invoices

23 Aug 2016

Called to Account

Image for micro businesses need more clarity about digital tax accounts

Tax | Micro businesses need more clarity about digital tax accounts

The UK’s smallest businesses and freelancers are in still in the dark about HMRC’s Making Tax Digital (MTD) plans, with most not aware of the requirements despite the recent launch of a raft of consultations on the process and rollout plans for the new tax reporting system

23 Aug 2016

Business | Economic trends: unknown knowns on sterling post-Brexit

The risks around monetary policy and sterling volatility as a start date for Brexit negotiations continues to remain unclear are areas for concern, warns Carl Hasty, director of SmartCurrencyBusiness

23 Aug 2016

Image for smes prioritise germany key exports post brexit

Business | SMEs prioritise Germany as key to exports post Brexit

SMEs view market access and trade deals as the key government priorities as it negotiates the UK’s exit from the EU, according to a survey conducted for PwC, while analysis from EY suggests financial services organisations are more concerned about passporting and workers’ rights

22 Aug 2016