Popular now
Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

Topic Hub

Losses

Our coverage on Losses provides in-depth reporting on how UK accountancy firms and professionals manage financial losses across tax, compliance, and advisory contexts. Accountancy Today examines HMRC rules on trading and capital losses, relief mechanisms such as carry-back and carry-forward, and the strategic use of group relief. We also cover the Financial Reporting Council’s guidance on going concern assessments and solvency disclosures, offering accountants, partners, and directors the insights needed to navigate loss reporting, mitigate risk, and advise clients effectively.

Losses

Our coverage on Losses provides in-depth reporting on how UK accountancy firms and professionals manage financial losses across tax, compliance, and advisory contexts. Accountancy Today examines HMRC rules on trading and capital losses, relief mechanisms such as carry-back and carry-forward, and the strategic use of group relief. We also cover the Financial Reporting Council’s guidance on going concern assessments and solvency disclosures, offering accountants, partners, and directors the insights needed to navigate loss reporting, mitigate risk, and advise clients effectively.

The developing insolvency landscape

The administration of Arcadia Group, which put 13,000 jobs as risk, focuses the harshest of…

Parliamentary Committee criticises Bounce Back Loan Scheme 

Parliament’s Public Accounts Committee has published a “withering” report into the Bounce…

FCA slaps LJ Financial Planning with £100k fine

The FCA has fined financial advice firm, LJ Financial Planning Ltd (LJFP) £107,200 for…

CGT simplification: would the price be too high?

Background Following Rishi Sunak’s request in July, the Office of Tax Simplification has…

KPMG advises risk functions are ‘key’ to firms surviving Covid

KPMG is urging financial services firms to perform more risk functions in order to navigate…

Claiming a second bite of the furlough cherry

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

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…

11 cases of coronavirus fraud reported to Action Fraud

Investigations into suspected fraud targeting the Government’s coronavirus emergency loan…

Wales announces ‘firebreak’ lockdown

The Welsh government has announced a two-week “firebreak” national lockdown, which will…

Taxpayers face losses of £26m due to BBLS fraud

Taxpayers are facing losses of up to £26m on coronavirus Bounce Back Loans (BBL) as a result…
Secret Link