Month: November 2020
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Nov- 2020 -13 NovemberRegulators
FRC urges auditors to ‘redouble’ efforts during Covid
The Financial Reporting Council (FRC) is urging auditors to “redouble” their efforts in order to rectify inconsistent audit reporting. The…
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13 NovemberCompanies
OTS CGT proposal ‘unfair’, says UHY Hacker Young
UHY Hacker Young has criticised The Office of Tax Simplification (OTS) proposal to change capital gains tax (CGT) stating that…
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13 NovemberAdvice & Best Practice
US/UK: No one expects the hybrid mismatch rules
Recently we were asked to confirm that a minority equity investment by a US entity into a UK one, followed…
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12 NovemberComment
Claiming a second bite of the furlough cherry
The government’s furlough scheme proved to be – in many respects – the one true success story from the handling…
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12 NovemberHMRC
RSM calls for delay to HMRC’s preferential creditor status
RSM has urged the chancellor to “urgently consider” a twelve-month delay to HMRC’s move to becoming a preferential creditor. According…
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12 NovemberBusiness
Financial services firms issue 51 profit warnings in 2020
Listed financial services firms have issued 51 profit warnings in 2020, ahead of the second nationwide lockdown in England, according…
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12 NovemberEconomy
UK GDP recovers 15.5% in Q3
The UK economy showed signs of recovery in Q3 as GDP grew a record 15.5% from July to September. The…
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12 NovemberCrime
Accountant jailed after stealing £188k from employer
An accountant has been jailed after he pleaded guilty for stealing over £180,000 from his employer. David Gowans, aged 53,…
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11 NovemberComment
Will Covid and Brexit result in a drastic increase in claims against accountants?
“Unprecedented times” is the phrase which is widely used to describe 2020 owing to the impact of Covid-19. So far,…
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11 NovemberPeople Moves
Azets expands with national graduate recruitment drive
Azets Group has announced the recruitment of an additional 142 graduates and school leavers as part of its national drive…
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