Market split on harsher treatment for tax avoiders
Contracting

Market split on harsher treatment for tax avoiders

3y Sam Alberti

Market split on harsher treatment for tax avoiders

A new HMRC consultation will assess whether to criminalise the failure to comply with a Stop Notice Read More...

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HMRC launches ‘potentially game-changing’ IR35 review
Contracting

HMRC launches ‘potentially game-changing’ IR35 review

3y Sam Alberti

HMRC launches ‘potentially game-changing’ IR35 rev...

A review of the controversial issue is long overdue, sources say Read More...

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KPMG sanctioned for ‘rudimentary’ failings over The Works audit
Audit

KPMG sanctioned for ‘rudimentary’ failings over The Works audit

3y Greg Noble

KPMG sanctioned for ‘rudimentary’ failings over Th...

The FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...

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Inheritance tax freeze 'disproportionate' amid UK borrowing plateau
Personal Tax

Inheritance tax freeze 'disproportionate' amid UK borrowing plateau

3y Greg Noble

Inheritance tax freeze 'disproportionate' amid UK ...

This was the fourth largest borrowing year since records began in 1993 Read More...

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Over half of SMEs opposed to R&D reform, study finds
Business

Over half of SMEs opposed to R&D reform, study finds

3y Sam Alberti

Over half of SMEs opposed to R&D reform, study fin...

'The scheme needs to be set out in a better way than the government is proposing' Read More...

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FRC initiates investigation into EY's audit of Made.com
Accounting Firms

FRC initiates investigation into EY's audit of Made.com

3y Greg Noble

FRC initiates investigation into EY's audit of Mad...

This is the second investigation the FRC has commenced into audits by EY this week Read More...

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Accountants’ economic confidence edges up for third consecutive quarter
Brexit & Economy

Accountants’ economic confidence edges up for third consecutive quarter

3y Sam Alberti

Accountants’ economic confidence edges up for thir...

The survey paints a “brightening” picture of the global economy, according to the ACCA Read More...

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HMRC helpline has reached ‘critical point’, says ICAEW
HMRC

HMRC helpline has reached ‘critical point’, says ICAEW

3y Greg Noble

HMRC helpline has reached ‘critical point’, says I...

HMRC’s customer service offering is becoming a “real problem” for taxpayers, says Miskin Read More...

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Accountants sacrifice personal wellbeing to support clients during new tax year period
People Practice

Accountants sacrifice personal wellbeing to support clients during new tax ...

3y Intuit QuickBooks

Accountants sacrifice personal wellbeing to suppor...

While the tax year has just come to a close, accountants should not shy away from preparing for the next year end, this includes seeking wellbeing sup...

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‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list
HMRC

‘Absurd’ loophole sees UK tax avoidance schemes removed from HMRC list

3y Sam Alberti

‘Absurd’ loophole sees UK tax avoidance schemes re...

The Finance Act says that schemes can only be named and shamed for a year Read More...

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Breathing space from Capital Gains Tax for separating couples
Personal Tax

Breathing space from Capital Gains Tax for separating couples

3y David Wright , ATT technical officer

Breathing space from Capital Gains Tax for separat...

ATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...

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Digital services tax still existing is a ‘failure’
HMRC

Digital services tax still existing is a ‘failure’

3y Greg Noble

Digital services tax still existing is a ‘failure’

The tax raised £358 million in its inaugural year, surpassing initial estimates by 30% Read More...

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‘Arbitrary’ new R&D threshold could encourage fraud
Brexit & Economy

‘Arbitrary’ new R&D threshold could encourage fraud

3y Sam Alberti

‘Arbitrary’ new R&D threshold could encourage frau...

40% R&D threshold is an "arbitrary" number and may exclude many SMEs, accounting experts caution Read More...

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HMRC in ‘listening mode’ with attempts to improve service levels
HMRC

HMRC in ‘listening mode’ with attempts to improve service levels

3y Greg Noble

HMRC in ‘listening mode’ with attempts to improve ...

Three months on from damning report, HMRC service levels remain below pre-pandemic baseline Read More...

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Gary Lineker's HMRC battle wasn’t an IR35 case after all
HMRC

Gary Lineker's HMRC battle wasn’t an IR35 case after all

3y Greg Noble

Gary Lineker's HMRC battle wasn’t an IR35 case aft...

HMRC has 56 days to appeal to the Upper Tribunal (Tax and Chancery Chamber) Read More...

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ICAEW: Bank of England interest rate rise ‘ill-advised’
Brexit & Economy

ICAEW: Bank of England interest rate rise ‘ill-advised’

3y Sam Alberti

ICAEW: Bank of England interest rate rise ‘ill-adv...

Interest rate hike to lead to more business turbulence, argue accountants Read More...

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Economic Crime Bill: ‘once in a generation opportunity’ to close fraudster loophole
Regulation

Economic Crime Bill: ‘once in a generation opportunity’ to close fraudster ...

3y Greg Noble

Economic Crime Bill: ‘once in a generation opportu...

The Economic Crime and Corporate Transparency Bill aims to tackle the abuse of UK companies’ registration and removals by reforming the powers of Comp...

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SME accountants at risk of being left behind amid sustainability surge, cautions IFA
Accounting Standards

SME accountants at risk of being left behind amid sustainability surge, cau...

3y John Edwards

SME accountants at risk of being left behind amid ...

Administrative pressures should not deter accountants from upskilling around sustainability, argues IFA chief executive, John Edwards Read More...

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Chat GPT: UK accountants tussle over adoption timeline
Accounting Firms

Chat GPT: UK accountants tussle over adoption timeline

3y Sam Alberti

Chat GPT: UK accountants tussle over adoption time...

One expert argued that pushing back against the use of generative AI is ‘naïve’ Read More...

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Declaring cryptoassets separately will help avoid ‘taxpayer confusion’    
HMRC

Declaring cryptoassets separately will help avoid ‘taxpayer confusion’    

3y Greg Noble

Declaring cryptoassets separately will help avoid ...

It is reported that around 6% of UK adults own cryptocurrency Read More...

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Accountants sceptical as government pledges to regulate umbrella industry
Business Regulation

Accountants sceptical as government pledges to regulate umbrella industry

3y Sam Alberti

Accountants sceptical as government pledges to reg...

Plans to establish a Single Enforcement Body have resurfaced having been reportedly shelved last year Read More...

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‘Further complexity’: accountants split on new R&D reliefs
Budget

‘Further complexity’: accountants split on new R&D reliefs

3y Sam Alberti

‘Further complexity’: accountants split on new R&D...

New R&D tax measures mark 'return to generosity' but add complexity, argue accounting experts Read More...

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Spring Budget: UK will not enter a recession, says Jeremy Hunt
Budget

Spring Budget: UK will not enter a recession, says Jeremy Hunt

3y Greg Noble

Spring Budget: UK will not enter a recession, says...

Chancellor Jeremy Hunt has unveiled the contents of his first Budget in the House of Commons Read More...

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IFA warns of “critical understanding” in ROE verification process
Brexit & Economy

IFA warns of “critical understanding” in ROE verification process

3y John Edwards

IFA warns of “critical understanding” in ROE verif...

Accountants must get to grips with the detailed verification requirements before agreeing to verify the identities of any beneficial owners or managin...

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What to look out for in the Spring Budget, according to the accounting market
Budget

What to look out for in the Spring Budget, according to the accounting mark...

3y Sam Alberti

What to look out for in the Spring Budget, accordi...

Though likely to be lacking in headline-grabbing policies, the 2023 Spring Budget could prove critical for the UK economy Read More...

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The future of R&D tax relief?
R&D

The future of R&D tax relief?

3y Emma Rawson

The future of R&D tax relief?

ATT technical officer, Emma Rawson, takes a look at the challenges arising from the proposed new combined R&D relief scheme Read More...

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Dave Chaplin: ‘IR35 is a growth issue for the Tories’
Budget

Dave Chaplin: ‘IR35 is a growth issue for the Tories’

3y Sam Alberti

Dave Chaplin: ‘IR35 is a growth issue for the Tori...

As the Spring Budget approaches, dissenters of the UK government’s increasingly complex contractor legislation are baying for change. HMRC has already...

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