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Coronavirus
700,000 jobs at risk as end of furlough scheme draws near
Over 700,000 employees are at risk of being made redundant in the second half of 2020, research from Institute for…
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Audit
Chartered IIA calls on the government to ‘urgently’ accelerate UK audit reform
The Chartered Institute of Internal Auditors (Chartered IIA) has called on the UK Government to “move faster” in bringing forward…
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People 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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Tax
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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Advice & Best Practice
Excluded Property Trusts: the changes accountants should know about
Excluded Property Trusts have traditionally been used as a trust-based inheritance tax planning arrangements for individuals who are resident in…
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People Moves
AAB appoints new payroll director
Anderson Anderson and Brown (AAB), has appointed Stuart Law as its new director of payroll and taxes. Law joins AAB…
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Economy
GDP to contract £15.3bn each year if home working persists
Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP…
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Coronavirus
SMEs ‘plagued’ by late payments
UK freelancers and small business owners continue to be plagued by the problem of late payment, according to new research…
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Economy
Insolvency report forecasts 27% climb in UK business failures
Insolvencies in the UK are forecast to jump by 27% this year, slightly higher than the global average rise of…
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Big Four
Moss Bros drafts in KPMG as advisers, reports claim
Moss Bros is reportedly considering a CVA after calling in KPMG advisers, following a ban on large weddings and events…
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