Accountancy Today

Tuesday, November 24, 2020

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Business
Smith & Williamson welcomes new partner

Lululemon appoints new CFO

HMRC names Dame Jayne-Anne Gadhia as new chair

ATT calls for HMRC clarity on virtual Christmas parties

Tax avoidance schemes should be ‘stamped out’, says CIOT president

M&C Saatchi bosses step down after accounting scandal

Beever and Struthers relocates Blackburn office

IFAC names new president

Begbies Traynor profit soars in H1
Practice
Grant Thornton faces lawsuit over Patisserie Valerie collapse

EY’s ‘integrity questionable’, says campaign group

MHA Carpenter Box named accountancy partner for PSN

AAB’s VAT team grows fee income by 85% in 3 years

Deloitte places restructuring arm up for sale

UK pension deficits stable despite market volatility, says PwC

Deloitte Legal acquires digital media law firm Kemp Little

KPMG bolsters e-Discovery services with RelativityOne

Mazars and GT’s local audits need ‘significant improvement’, FRC finds
Regulation
FCA cautions Carillion over ‘misleading’ reporting

FRC reveals company reporting expectations for 2020/21

FRC urges auditors to ‘redouble’ efforts during Covid

Financial services green initiatives welcomed by ACCA

Regulator urges industry to combat pension scams

Mazars and GT’s local audits need ‘significant improvement’, FRC finds

Injunction secured against ‘misleading’ accountancy institute

Regulator releases guidance on £170bn pension ‘superfunds’

FRC calls on UK firms to end poor quality corporate reporting
Tax
CIOT appoints Gary Ashford as new VP

Research finds 83% businesses hope to freeze corporate tax rises

Wales reports £300m in tax revenue

Taxes may rise to £40bn to stop ‘debt spiralling upwards’, warns IFS

OECD drafts $100bn digital taxation ‘blueprints’

Taxpayers face losses of £26m due to BBLS fraud

‘Stockbroker Belt’ has biggest income tax bills

McGills urges businesses to use AIA relief before deadline

Insolvent companies cost taxpayers £250m
Tech

VC investment in fintech remains ‘robust’ as M&A activity stalls

Xero set to acquire Waddle

EY and ACCA encourage sector to ‘embrace’ digital tech

Silverfin raises Series B investment led by Hg to accelerate international growth

Xero UK revenues up 51% as it reaches 536,000 subscribers

EY and Stratio BD form AI alliance

EY announces solution designed to help gauge impact of AI

EY named leader in ‘global digital business transformation’

AAB joins Float partnership programme

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Home Tag Bounce Back Loans

Tag: Bounce Back Loans

Taxpayers face losses of £26m due to BBLS fraud

Taxpayers face losses of £26m due to BBLS fraud

by Laura McGuire

Wednesday, 7 October 2020, 10:41

Taxpayers are facing losses of up to £26m on coronavirus Bounce Back Loans (BBL) as a result of fraud and businesses being unable to pay back what they owe, according ...

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