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Image for ex mp loses appeal against prison sentence fraud

Business | Ex-MP loses appeal against prison sentence for fraud

A former MP who was jailed after trying to claim £52,000 of parliamentary expenses through a fictitious autism charity has lost a Court of Appeal bid to challenge his sentence

27 Sep 2023

Accountancy Firms

Called to Account

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Tax | HMRC bulks up compliance division

In the past year alone, HMRC has increased the number of its compliance staff by over 3,000 as it looks to reverse a sharp decline in tax revenue, according to Price Bailey

26 Sep 2023

Accountancy Firms

Image for director banned 12 years over vat fraud

Tax | Director banned for 12 years over VAT fraud

A director has been given a 12-year disqualification after causing his company to participate in transactions which were connected with the fraudulent evasion of VAT

26 Sep 2023

Accountancy Firms

Called to Account

Image for grant thornton teams one million mentors

Business | Grant Thornton teams up with One Million Mentors

Grant Thornton UK has partnered with charity One Million Mentors (1MM) to help guide young people with more opportunities for their career development

26 Sep 2023

Accountancy Firms

Leadership & Management

Image for uk economy set slow warns kpmg

Business | UK economy set to slow, warns KPMG

Against the backdrop of weakening global economic conditions, the UK economy could be heading for a marked slowdown in growth in the second half of the year, according to KPMG

25 Sep 2023

Accountancy Firms

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Business | Grant Thornton named top employer for working families

National charity Working Families has named Grant Thronton as one of the top family-friendly and flexible employers in the UK

22 Sep 2023

Accountancy Firms

Image for financial health podcast targets young accountants

Business | Financial health podcast targets young accountants

Caba has launched a financial health podcast series for young accountants, covering debt, budgeting and how to get on top of their finances

22 Sep 2023

Accountancy Firms

Image for hmrc fines tax evaders ps134m

Tax | HMRC fines tax evaders £13.4m

A management consultancy, construction company and golf club have been fined over £13m for tax evasion, after deliberately failing to pay £20.3m in tax

22 Sep 2023

Accountancy Firms

Image for cybersecurity and staffing issues key risks companies

Business | Cybersecurity and staffing issues key risks for companies

Cybersecurity threats, staff shortages and economic uncertainty are the top concerns for company boards, finds Chartered Institute of Internal Auditors risk survey

22 Sep 2023

Accountancy Firms

Image for silver trader disqualified ps1m tax fraud

Business | Silver trader disqualified for £1m tax fraud

A director of a metal trading company has been disqualified for 12 years after selling precious metals connected to a tax fraud scheme run by customers

21 Sep 2023

Accountancy Firms

Called to Account

Image for bank england leaves interest rate 525

Business | Bank of England leaves interest rate at 5.25%

For the first time in over a year, the Bank of England has maintained the current interest rate at 5.25%

21 Sep 2023

Accountancy Firms

Image for accountants worried client tax bills

Business | Accountants worried by client tax bills

Accountants and financial advisers are becoming increasingly worried about their client's ability to pay important tax bills, according to a survey by Premium Credit

20 Sep 2023

Accountancy Firms

Image for deloitte global reports 64bn revenue

Business | Deloitte global reports $64bn revenue

Big Four network Deloitte has reported global revenue of $64.9bn (£52.4bn) for the year ending 31 May 2023, up 14.9% from $59bn last year

20 Sep 2023

Accountancy Firms

Image for inflation falls slightly 67

Business | Inflation falls slightly to 6.7%

The current rate of inflation dropped marginally to 6.7% in August, down from 6.8% in July, with food and hotel prices falling

20 Sep 2023

Accountancy Firms

Image for majority finance teams will use ai beware inherent risks

Business | Majority of finance teams will use AI but beware inherent risks

Finance chiefs need to balance the advantages of using artificial intelligence to manage financial processes with the risk of inaccuracies and misuse of data, warns Gartner

19 Sep 2023

Accountancy Firms

AI & Technology

Leadership & Management

Image for frc opens applications stakeholder insight group

Business | FRC opens applications for stakeholder insight group

The Financial Reporting Council is recruiting candidates for the stakeholder insight group, a panel that represents corporate preparers and investors

18 Sep 2023

Accountancy Firms

Leadership & Management

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Croner Intelligence: created by experts, powered by AI

Q&A: tax on property business profits

Q&A: VAT deregistration and 30-day rule

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