News

Ed Balls

Labour confirms pension tax relief cut to fund jobs will be in 2015 manifesto

Labour to restrict higher-rate pensions tax relief for at least five years, if elected

11 Mar 2014

Neville Kahn

Deloitte propose rent reductions in LA Fitness CVA

Neville Kahn and Matt Smith to sell 33 clubs and restructure finances to rescue LA Fitness and LA Leisure

10 Mar 2014

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Celebs to pay up for avoidance scheme ahead of court battle

Film scheme investors first to fall foul of taxman's new avoidance policy

10 Mar 2014

ClearSky acquires historical Wheatley Pearce firm

Optionis continues accounting firm spree with the incorporation of Wheatley Pearce into its Clearsky accounting and business support brand

10 Mar 2014

Begbies Traynor benefits from seasonal improvement

Winter months gives insolvency firm a boost

10 Mar 2014

Taxman scoops £110m in CGT underpayments

HMRC recoups a third more in CGT underpayments and penalties in the last year, compared to 2011/12

10 Mar 2014

Accountancy Age March App out now

This month's App includes profiles of Smith & Williamson and Jeffreys Henry, a feature on China’s audit reform and lessons the UK can learn; as well as the FTSE 350 Audit Fees Survey...plus loads more

07 Mar 2014

ICAEW gains final approval to run probate and ABSs

Lord Chancellor signs off on ICAEW's bid to offer licensing for probate licensing and alternative business structure

07 Mar 2014

Barclays to end 120-year audit relationship with PwC

PwC being replaced as auditors of Barclays for first time since 1896

07 Mar 2014

More austerity as Treasury faces £20bn black hole

Office for Budget Responsibility economic models find £20bn shortfall

07 Mar 2014

Women believe there is no work equality

With International Women's Day on 8 March, global PwC research shows that bias in the workplace towards men is still rife across the world

07 Mar 2014

No pay rise in last year for quarter of accountants

Accountants feel their rate of pay has not kept up with the cost of living

07 Mar 2014

John Lewis DB scheme deficit hits £1bn

John Lewis Partnership's defined benefit pension scheme’s total accounting deficit hits £1bn results show

07 Mar 2014

EU to raise environmental taxes across member states

The EU could raise €35bn through environmental taxes in two years removing burden on employment taxes, study finds

06 Mar 2014

Iris relaunches KashFlow with new accounting practice offering

Six months after acquiring the business, Iris relaunches KashFlow

06 Mar 2014

Jobs at risk as EY Nottingham office to disappear

'Small number' of jobs at risk as EY Nottingham office to merge into its Birmingham site

06 Mar 2014

ICAEW joins government cyber-security group

ICAEW becomes first accountancy body to join government funded cyber-security organisation

05 Mar 2014

HMRC to abandon Bitcoin VAT

Bitcoin transactions will not attract VAT, HMRC confirms

05 Mar 2014

HMRC loses pensions contributions Supreme Court tax case

Employers' pensions contributions are not earnings for tax purposes, the Supreme Court finds

05 Mar 2014

BiS governance expert takes FRC director role

David Styles takes director of corporate governance role at FRC

05 Mar 2014

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2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

Bank raiding powers could put HMRC at top of insolvency pecking order

Will HMRC’s new bank raiding powers see insolvency practitioners pursuing it for funds taken illegally in the event of bankruptcy?

The Practitioner: The promise of the pension pot

The combination of pensions drawdown and enterprise investment tax planning makes the Practitioner's mouth water - but can the firm get its pensioners lined up in a row?

Leader: Charity begins at home

With so many accountants require support and counselling, an already charitable profession must consider where its efforts go

linkedin-screenshot-1-web

Social networking: How does the Top 50 stack up?

Firms are failing to realise the business benefits of social media sites such as utilising LinkedIn

Colin: There's nothing like a well-thought-out plan

Colin wonders whether some SMEs are keeping it too simple

Taking Stock: When tax is stranger than fiction

Sometimes you just can't make it up, TS finds

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.