Month: September 2020
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Sep- 2020 -11 SeptemberAudit
Deloitte first Big Four firm to confirm audit split
Deloitte has announced its plans to establish an independent audit governance board (AGB), effective from January 2021, with the responsibility…
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11 SeptemberCoronavirus
Caffe Nero drafts in KPMG for landlord negotiations
Caffe Nero has drafted in KPMG in a bid to negotiate high street rent cuts with landlords, according to Sky…
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10 SeptemberCompanies
EY reports global revenues of $37.2bn in 2020
EY has reported today (10 September) combined global revenues of $37.2bn (£33.8bn) for the financial year ended June 2020. This…
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10 SeptemberAccounting Firms
Shenward Accountants eyes third practice acquisition
Fast-growing firm Shenward Accountants has revealed it is looking to continue its expansion by acquiring a third accountancy practice. Yorkshire-based…
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10 SeptemberPeople Moves
Amerdeep Somal appointed FCA complaints commissioner
The Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England have announced the appointment of…
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10 SeptemberHMRC
CIOT calls for clarity on HMRC big business compliance
The Chartered Institute of Taxation (CIOT) has called for a “rethink” of plans for large businesses to notify HMRC if…
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9 SeptemberComment
Stock/share options and restricted stock units
Employee share and option plans can also benefit from a form of OWR. The relief applies to internationally mobile employees…
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9 SeptemberTax
Amazon UK paid only 3% more tax on profits of 35% in 2019
Amazon UK paid just 3% more tax in 2019, compared with a 35% increase in profits it recorded during the…
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9 SeptemberHMRC
New HMRC rules could save third sector millions
Updated HMRC guidance could save the third sector millions of pounds in VAT on digital advertising costs. The tax authority…
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9 SeptemberBig Four
Deloitte eyes sale of its restructuring business
‘Big Four’ accountancy firm Deloitte has reportedly begun early talks about the potential sale of its restructuring business. According to…
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