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Sumer NI appoints new corporate audit partner

Sumer NI appoints new corporate audit partner

ACCA calls for pragmatic UK and EU trading relations

ACCA calls for pragmatic UK and EU trading relations

BK Plus appoints Calvin Bond as corporate finance partner

BK Plus appoints Calvin Bond as corporate finance partner

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Furlough Claims

This coverage focuses on furlough claims and their lasting implications for UK accountants, finance directors, and CFOs. We report on HMRC compliance activity, audits, and investigations relating to the Coronavirus Job Retention Scheme (CJRS), as well as guidance on rectifying errors and managing potential liabilities. Editorial reporting under this tag highlights case studies, enforcement updates, and professional commentary, helping accountants in practice advise clients and in-house finance teams safeguard against penalties. For senior finance leaders, this coverage provides critical insights into how furlough claims continue to affect business risk, financial reporting, and corporate governance across the UK market.

Furlough Claims

This coverage focuses on furlough claims and their lasting implications for UK accountants, finance directors, and CFOs. We report on HMRC compliance activity, audits, and investigations relating to the Coronavirus Job Retention Scheme (CJRS), as well as guidance on rectifying errors and managing potential liabilities. Editorial reporting under this tag highlights case studies, enforcement updates, and professional commentary, helping accountants in practice advise clients and in-house finance teams safeguard against penalties. For senior finance leaders, this coverage provides critical insights into how furlough claims continue to affect business risk, financial reporting, and corporate governance across the UK market.

HMRC receives 14,000 furlough fraud reports from whistleblowers

The HMRC has received 13,775 whistleblower reports regarding fraud against the furlough…
AAB sees rise in demand for tax investigation support

AAB sees rise in demand for tax investigation support

Anderson Anderson & Brown (AAB) has reported an increase in new enquiries for support…

Why AI auditing is being considered by firms

Through the pandemic many finance departments have operated remotely with less oversight…

CJRS calculator error forces small businesses to re-evaluate

The Accountancy Partnership has urged small businesses to recalculate furlough claims for…

HMRC penalties almost double in six months, says PfP

The value of penalties HMRC is imposing on taxpayers each month has doubled in the last six…

Accountants at ‘breaking point’ ahead of HMRC deadline

Accountants are reportedly “dismayed” that HMRC is refusing to extend the 31 January…

PwC to examine fraud in Covid loan scheme

PwC has been chosen by the government-owned British Business Bank (BBB) to investigate…

Claiming a second bite of the furlough cherry

The government’s furlough scheme proved to be – in many respects – the one true success…

Up to £3.5bn furlough claims fraudulent, says HMRC

Up to £3.5bn in payments from the Coronavirus Job Retention Scheme may have been claimed…

HMRC issues fraud warning to businesses

HMRC has issued “nudge” letters to 3,000 employers each week, informing employers that their…
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