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Tax
Making Tax Digital deadline for SMEs extended until 2022
The UK Government has extended its Making Tax Digital programme to the UK’s smallest companies to April 2022. VAT-registered businesses…
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Tax
Tax take bounces back in June
The Governments’ latest tax statistics to June 2020 show that after falls in April and May, tax revenues have almost…
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Regulation
FRC calls for ‘high-quality’ disclosures in company reports
The Financial Reporting Council (FRC) has completed its first thematic review of company reporting since the onset of Covid-19 pandemic.…
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Audit
FRP seeks legal action over GT audit of Patisserie Valerie
Accountancy firm Grant Thornton is facing potential legal action over its handling of embattled café chain Patisserie Valerie’s accounts, reports…
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Tax
PAC calls on Government to ‘account’ for tax giveaways
The Public Accounts Committee (PAC) has called on the UK Government to “account” for its tax giveaways, in a report…
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People Moves
Nimesh Shah appointed Blick Rothenberg CEO
Chartered accountancy and tax advisory firm Blick Rothenberg has appointed Nimesh Shah as its new CEO, effective 1 August. …
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Economy
CGT review could deal ‘another blow’ to entrepreneurs, says UHY
Chancellor Rishi Sunak’s call to review Capital Gains Tax (CGT) could deal “another blow” to entrepreneurs, UHY Hacker Young has…
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Regulation
Government ‘dragging its feet’ on audit reforms, says BEIS
A recent report by the Business, Energy and Industrial Strategy (BEIS) Committee has criticised the UK Government’s inquiry into the…
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Regulation
Third of UK audits fail FRC’s quality test
The Financial Reporting Council’s (FRC) latest audit inspection results have found nearly 33% of audits conducted by the UK’s largest…
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Economy
AAT welcomes Chancellor’s summer economic update
The Association of Accounting Technicians (AAT) has welcomed chancellor Rishi Sunak’s summer economic update. Yesterday, Sunak unveiled a new scheme…
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