Autumn Statement preview 2023
Budget

Autumn Statement preview 2023

3y Greg Noble

Autumn Statement preview 2023

Jeremy Hunt has made it clear that his main priority is to continue to reduce inflation ahead of the next election Read More...

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Transformation Framework: Navigating new regulatory impacts in accountancy firms
Regulation

Transformation Framework: Navigating new regulatory impacts in accountancy ...

3y Accountancy Age

Transformation Framework: Navigating new regulator...

The volume of standards and regulation accountants now must adhered to has ballooned in recent years. This framework seeks to help accountants keep ab...

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Navigating the IASB's Amendments to IFRS Accounting Standards
Accounting Standards

Navigating the IASB's Amendments to IFRS Accounting Standards

3y Accountancy Age

Navigating the IASB's Amendments to IFRS Accountin...

By staying informed, seeking expert guidance, and adopting a forward-looking approach, accountants can successfully navigate the new regulatory landsc...

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Veteran Conservative MP IR35 tenacity ‘welcomed’ by industry
Contracting

Veteran Conservative MP IR35 tenacity ‘welcomed’ by industry

3y Greg Noble

Veteran Conservative MP IR35 tenacity ‘welcomed’ b...

Sir John Redwood is advocating for Jeremy Hunt to include a series of “economical” tax reductions in his November 22 Autumn Statement Read More...

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Significant tax changes in Autumn Statement could be viewed ‘negatively’ by businesses
Budget

Significant tax changes in Autumn Statement could be viewed ‘negatively’ by...

3y Greg Noble

Significant tax changes in Autumn Statement could ...

The cumulative corporation tax earnings from April to September reached £43.3 billion Read More...

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Taking the long view on ethics in accountancy
Accounting Firms

Taking the long view on ethics in accountancy

3y Michael Izza

Taking the long view on ethics in accountancy

Michael Izza, ICAEW chief executive, outlines the significance of Global Ethics Day for the chartered accountants community Read More...

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TCFD: ‘More progress needed’ on climate disclosures
ESG

TCFD: ‘More progress needed’ on climate disclosures

3y Sam Alberti

TCFD: ‘More progress needed’ on climate disclosure...

Having released its sixth and final report, the TCFD will now pass the monitoring of disclosures over to the ISSB Read More...

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KPMG handed record fine over audit failures in Carillion demise
Audit

KPMG handed record fine over audit failures in Carillion demise

3y Greg Noble

KPMG handed record fine over audit failures in Car...

KPMG was initially fined £30 million, but the penalty was subsequently decreased by 30% due to its cooperation throughout the five-year investigation ...

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Transformation Framework: Navigating M&A for accounting firms
Accounting Firms

Transformation Framework: Navigating M&A for accounting firms

3y Accountancy Age

Transformation Framework: Navigating M&A for accou...

For senior professionals within the accounting sector, this framework serves as a compass to navigating the early stages of M&A process Read More...

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As resources wear thin, HMRC must turn to digital
HMRC

As resources wear thin, HMRC must turn to digital

3y Helen Thornley

As resources wear thin, HMRC must turn to digital

At the end of September, HMRC announced new restrictions to the Agent Dedicated Line (ADL). Helen Thornley, technical officer at the ATT, breaks down ...

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FRC: Financial reporting quality 'vital' amid economic turbulence
Economy

FRC: Financial reporting quality 'vital' amid economic turbulence

3y Greg Noble

FRC: Financial reporting quality 'vital' amid econ...

Continuing econonmic uncertainty serves as a reminder to businesses that consistent, high-quality financial reporting is more important than ever, a F...

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Battle lines drawn on internal controls as FRC closes consultation on new Corporate Governance Code
Corporate Governance

Battle lines drawn on internal controls as FRC closes consultation on new C...

3y David Callaghan

Battle lines drawn on internal controls as FRC clo...

According to the Chartered IIA, internal audit should be placed at the forefront of a new Code Read More...

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Audit sector can tackle Big Four dominance through collaboration, experts say
Audit

Audit sector can tackle Big Four dominance through collaboration, experts s...

3y Dan Cave

Audit sector can tackle Big Four dominance through...

Fines, regulatory oversight and greater investigations are sparking worries that sector control by giants will continue Read More...

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Accounting firms disagree on future of CGT as General Election looms
Budget

Accounting firms disagree on future of CGT as General Election looms

3y Greg Noble

Accounting firms disagree on future of CGT as Gene...

CGT receipts have increased by over 100% in the past five years and reached a record level of £18bn in the last year alone, and a further 18% increase...

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Exploring the opportunities of Generative AI in corporate tax: trends, benefits, and challenges
Tax

Exploring the opportunities of Generative AI in corporate tax: trends, bene...

3y Liz Salecka

Exploring the opportunities of Generative AI in co...

Digitalisation is already having a major impact on the way companies run their tax departments and meet new, and ongoing changes, to tax regulations g...

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MTD: The story so far
MTD

MTD: The story so far

3y Sam Alberti

MTD: The story so far

The UK's plan to digitalise the tax system is well underway Read More...

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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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Duality of purpose: Social media blurs the lines
Personal Tax

Duality of purpose: Social media blurs the lines

3y Steven Pinhey , Technical officer, ATT

Duality of purpose: Social media blurs the lines

Steven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...

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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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