WATCH: Scepticism growing towards MTD for ITSA
HMRC

WATCH: Scepticism growing towards MTD for ITSA

3y Greg Noble

WATCH: Scepticism growing towards MTD for ITSA

The most recent postponement marks the fifth time that MTD for ITSA has been pushed back from its initial target date of April 2018 Read More...

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AAT: HMRC needs more support and longer-term thinking
HMRC

AAT: HMRC needs more support and longer-term thinking

3y Adam Harper

AAT: HMRC needs more support and longer-term think...

The proportion of telephone adviser attempts handled declined from 77.3% in 2021, to 71.1% - dropping further adrift of HMRC’s target of 85% Read More...

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Businesses ‘welcome’ BoE’s decision to leave interest rates unchanged
Economy

Businesses ‘welcome’ BoE’s decision to leave interest rates unchanged

3y Greg Noble

Businesses ‘welcome’ BoE’s decision to leave inter...

The decision signifies the end of a string of 14 successive rate increases implemented since late 2021, but pause may only be temporary Read More...

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China’s economic miracle – is it ending?
Economy

China’s economic miracle – is it ending?

3y Jonathan Ashworth , Chief economist, ACCA

China’s economic miracle – is it ending?

Depending on the methodology used, China is now either the world’s largest or second largest economy Read More...

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Government and accountants must show pandemic-level ‘agility’ to achieve sustainability goals
ESG

Government and accountants must show pandemic-level ‘agility’ to achieve su...

3y Greg Noble

Government and accountants must show pandemic-leve...

The UK is set to meet only 17% of the UN’s Sustainable Development Goals Read More...

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Accountancy Blueprint: Gap analysis for regulatory compliance
Regulation

Accountancy Blueprint: Gap analysis for regulatory compliance

3y Accountancy Age

Accountancy Blueprint: Gap analysis for regulatory...

In a world where trust hinges on compliance, this blueprint is a compass to not only meet regulations but also strengthen a firm's reputation and succ...

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Impact of interest rates on businesses will become more visible over the next year, say experts
Business

Impact of interest rates on businesses will become more visible over the ne...

3y Greg Noble

Impact of interest rates on businesses will become...

The Bank of England increased interest rates to 5.25% in August, the highest it has been in 15 years Read More...

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IR35 double taxation removal could be ‘huge moment’
Contracting

IR35 double taxation removal could be ‘huge moment’

3y Greg Noble

IR35 double taxation removal could be ‘huge moment...

In April 2023, HMRC launched a consultation on the IR35 off-payroll working rules, with the prospect of eradicating the double taxation problem Read M...

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August People Moves: A series of mid-market promotions
Accounting Firms

August People Moves: A series of mid-market promotions

3y Greg Noble

August People Moves: A series of mid-market promot...

This month saw restructuring and insolvency trade body R3 select a new chair for R3 Northern Ireland Read More...

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Cooper Parry expects competitive boost from acquisition of Haines Watts London
Accounting Firms

Cooper Parry expects competitive boost from acquisition of Haines Watts Lon...

3y Greg Noble

Cooper Parry expects competitive boost from acquis...

The expansion boosts Cooper Parry’s workforce to 1,150 employees and increases its turnover to £125 million Read More...

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Saffery Champness rebrand will future-proof organisation, says firm
Accounting Firms

Saffery Champness rebrand will future-proof organisation, says firm

3y Greg Noble

Saffery Champness rebrand will future-proof organi...

The rebrand has been touted as a major milestone in the firm’s 160-year history Read More...

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Government must make ‘concrete actions’ to support small businesses
Business Recovery

Government must make ‘concrete actions’ to support small businesses

3y Greg Noble

Government must make ‘concrete actions’ to support...

Insolvency statistics in the UK for the second quarter of 2023 were the highest since 2009 with 83% of them relating to small businesses Read More...

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Audit reform omission shows it is ‘not a priority’ for government
Audit

Audit reform omission shows it is ‘not a priority’ for government

3y Greg Noble

Audit reform omission shows it is ‘not a priority’...

Ministers had committed to overhauling the audit and corporate governance systems in response to scandals at companies like retailer BHS in 2016 and P...

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Audit scandals rendering profession ‘unattractive’ to newcomers
Accounting Firms

Audit scandals rendering profession ‘unattractive’ to newcomers

3y Greg Noble

Audit scandals rendering profession ‘unattractive’...

The FRC has overseen a major uptick in audit enforcement activity recently, with the regulator issuing fines of £33.3m in 2022, a 77% increase from th...

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HMRC has effectively ‘banned’ outside IR35 contractors amid customer service woes
Contracting

HMRC has effectively ‘banned’ outside IR35 contractors amid customer servic...

3y Greg Noble

HMRC has effectively ‘banned’ outside IR35 contrac...

The tax authority disclosed that it had not hired any contractors outside the scope of the IR35 legislation between 2022 and 2023 Read More...

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ISSB standards timeline: A ‘new era’ for sustainability reporting
ESG

ISSB standards timeline: A ‘new era’ for sustainability reporting

3y Greg Noble

ISSB standards timeline: A ‘new era’ for sustaina...

The standards will be effective for periods beginning on or after 1st January 2024 Read More...

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July people moves: Major recruits for FRC and Evelyn Partners
Company News

July people moves: Major recruits for FRC and Evelyn Partners

3y Greg Noble

July people moves: Major recruits for FRC and Evel...

The FRC has announced Richard Moriarty as its new chief executive, replacing Sir Jon Thompson Read More...

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Insolvency statistics for Q2 ‘highly concerning’
Business Recovery

Insolvency statistics for Q2 ‘highly concerning’

3y Greg Noble

Insolvency statistics for Q2 ‘highly concerning’

There were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...

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Accounting profession must collaborate to keep up with tech developments, experts say
Talent

Accounting profession must collaborate to keep up with tech developments, ...

3y Greg Noble

Accounting profession must collaborate to keep up ...

ICAS will undertake a major chartered accountant syllabus refresh in 2024 Read More...

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IOSCO chair: ISSB standards 'fit for purpose'
Accounting Standards

IOSCO chair: ISSB standards 'fit for purpose'

3y Greg Noble

IOSCO chair: ISSB standards 'fit for purpose'

IOSCO currently covers 130 jurisdictions, meaning that it supervises 95% of financial markets Read More...

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The tax function is an 'evolving beast'
Big Four

The tax function is an 'evolving beast'

3y Greg Noble

The tax function is an 'evolving beast'

The ERP system has evolved from being the finance data house to a tool that can power more business decision-making Read More...

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Significant work required by government to gain trust of businesses again, experts says
Business

Significant work required by government to gain trust of businesses again, ...

3y Greg Noble

Significant work required by government to gain tr...

The Office for National Statistics reported that inflation in the UK dropped to 7.9% in June Read More...

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HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year
Contracting

HMRC ‘suppresses growth’ by avoiding contractors outside IR35 in last year

3y Greg Noble

HMRC ‘suppresses growth’ by avoiding contractors o...

HMRC revealed that it had not recruited any contractors outside the scope of the IR35 legislation in the last year Read More...

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FDI advisory a key factor in Moore Kingston Smith Irish acquisition
Accounting Firms

FDI advisory a key factor in Moore Kingston Smith Irish acquisition

3y Greg Noble

FDI advisory a key factor in Moore Kingston Smith ...

MKS has acquired Irish firm Moore, in a bid to increase its international reach Read More...

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Tory MP: IR35 has become ‘Frankenstein’s monster’
Contracting

Tory MP: IR35 has become ‘Frankenstein’s monster’

3y Sam Alberti

Tory MP: IR35 has become ‘Frankenstein’s monster’

According to the senior Conservative, the Tory party must have one eye on the next general election in deciding the future of the off-payroll working ...

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ISSB standards provide a ‘real purpose’ for young people to join accountancy profession
Accounting Firms

ISSB standards provide a ‘real purpose’ for young people to join accountanc...

3y Greg Noble

ISSB standards provide a ‘real purpose’ for young ...

The standards will become effective for periods commencing on or after 1 January 2024 Read More...

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HMRC responds to postal concerns with new taskforce
HMRC

HMRC responds to postal concerns with new taskforce

3y Greg Noble

HMRC responds to postal concerns with new taskforc...

Between 2021 and 2022, HMRC responded to 39.5% of postal queries within 15 days, compared to 70.3% between 2019 and 2020, according to a recent Public...

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