HMRC R&D raid poses “significant risk” to accountants
HMRC

HMRC R&D raid poses “significant risk” to accountants

2y Sam Alberti

HMRC R&D raid poses “significant risk” to accounta...

HMRC investigations into R&D claims will have risen by 900% in the past four years, research suggests Read More...

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Hint of future tax reductions welcomed but won’t quell uncertainty
Business

Hint of future tax reductions welcomed but won’t quell uncertainty

2y Greg Noble

Hint of future tax reductions welcomed but won’t q...

The Office for National Statistics revealed that the UK economy shrank by 0.3% in March after the economy grew by 0.1% in the previous three months Re...

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Is AI coming for your job?
Technology

Is AI coming for your job?

2y Institute of Financial Account...

Is AI coming for your job?

Fear not the AI revolution, urges Matt Barton, technical manager at the Institute of Financial Accountants Read More...

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Pace of R&D change ‘adding complexity’ for accountants
R&D

Pace of R&D change ‘adding complexity’ for accountants

2y Sam Alberti

Pace of R&D change ‘adding complexity’ for account...

The lack of a clear reform roadmap risks erosion of trust in the R&D system, one expert says Read More...

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A guide to the taxation of social media influencers
Tax

A guide to the taxation of social media influencers

2y Steven Pinhey , Technical officer, ATT

A guide to the taxation of social media influencer...

Social media influencers need guidance if they are to understand what they need to report to HMRC says Steven Pinhey, technical officer at the Associa...

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ISSB transition respite will provide 'more consistency'
Business Regulation

ISSB transition respite will provide 'more consistency'

2y Greg Noble

ISSB transition respite will provide 'more consist...

The ISSB revealed that it will offer transitional aid to companies as they implement S1 (general requirements) and S2 (climate) Read More...

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Mid-tier advisory services see growth amid Big Four cuts
Accounting Firms

Mid-tier advisory services see growth amid Big Four cuts

2y Greg Noble

Mid-tier advisory services see growth amid Big Fou...

Last month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...

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Direct collaboration between finance and accounting ‘critical’, experts say
Accounting Software

Direct collaboration between finance and accounting ‘critical’, experts say

2y Sam Alberti

Direct collaboration between finance and accountin...

Technology could enable this by allowing teams to 'speak the same language' Read More...

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Sustainable accounting: The future of talent management
ESG

Sustainable accounting: The future of talent management

2y Nash Riggins

Sustainable accounting: The future of talent manag...

Motivation and productivity can bolster a firm’s ability to retain and attract talent. But small commitments towards reducing your firm’s carbon footp...

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Smarter Regulation plans ‘long overdue’ for temporary workers
Brexit & Economy

Smarter Regulation plans ‘long overdue’ for temporary workers

2y Sam Alberti

Smarter Regulation plans ‘long overdue’ for tempor...

The proposed changes to employment law will save businesses £1bn per year, the policy paper argues Read More...

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HMRC says WFH does not affect service levels
HMRC

HMRC says WFH does not affect service levels

2y Greg Noble

HMRC says WFH does not affect service levels

HMRC had the lowest Whitehall department headquarters staff occupancy rates for the week commencing April 17 Read More...

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FRC to investigate Deloitte’s audit of Joules
Audit

FRC to investigate Deloitte’s audit of Joules

2y Greg Noble

FRC to investigate Deloitte’s audit of Joules

The investigation comes six months after Deloitte were hit with a £1.25m fine Read More...

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UK accounting sector needs to put more emphasis on its people
Recruitment

UK accounting sector needs to put more emphasis on its people

2y Rachael King

UK accounting sector needs to put more emphasis on...

Latest review of top 100 firms reveals attrition rates are rising. Firms will need to think about what sets them apart to remain competitive in tight ...

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Professional scepticism requires ‘right’ culture
Accounting Firms

Professional scepticism requires ‘right’ culture

2y Greg Noble

Professional scepticism requires ‘right’ culture

Hill says the main issue regarding professional scepticism is human behaviour, particularly when working towards tight deadlines and budgets Read More...

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Just 12% of UK accounting firms started by women in 2022
Accounting Firms

Just 12% of UK accounting firms started by women in 2022

2y Sam Alberti

Just 12% of UK accounting firms started by women i...

This is a decline of 10 percentage points from the year prior Read More...

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HMRC names and shames two offshore tax avoidance schemes
HMRC

HMRC names and shames two offshore tax avoidance schemes

2y Sam Alberti

HMRC names and shames two offshore tax avoidance s...

The two Belize-based schemes were "cynically marketed", a HMRC official said Read More...

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Dains and Isosceles: a new type of partnership
Business

Dains and Isosceles: a new type of partnership

2y Nash Riggins

Dains and Isosceles: a new type of partnership

In order to stay competitive and better serve clients, leading UK accountancy firm Dains and Finance Director outsourcing specialist Isosceles have te...

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April People Moves: Big Four firm announces new head of ESG
Accounting Firms

April People Moves: Big Four firm announces new head of ESG

2y Greg Noble

April People Moves: Big Four firm announces new he...

This month saw a flurry of appointments and promotions from the industries mid-tier firms Read More...

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Market split on harsher treatment for tax avoiders
Contracting

Market split on harsher treatment for tax avoiders

2y Sam Alberti

Market split on harsher treatment for tax avoiders

A new HMRC consultation will assess whether to criminalise the failure to comply with a Stop Notice Read More...

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HMRC launches ‘potentially game-changing’ IR35 review
Contracting

HMRC launches ‘potentially game-changing’ IR35 review

2y Sam Alberti

HMRC launches ‘potentially game-changing’ IR35 rev...

A review of the controversial issue is long overdue, sources say Read More...

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EXCLUSIVE: Moore Kingston Smith to roll out Chat GPT usage
Accounting Firms

EXCLUSIVE: Moore Kingston Smith to roll out Chat GPT usage

2y Sam Alberti

EXCLUSIVE: Moore Kingston Smith to roll out Chat G...

UK accounting firm Moore Kingston Smith has commenced a firm-wide initiative to explore and implement the use of Chat GPT across all service lines, ac...

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KPMG sanctioned for ‘rudimentary’ failings over The Works audit
Audit

KPMG sanctioned for ‘rudimentary’ failings over The Works audit

2y Greg Noble

KPMG sanctioned for ‘rudimentary’ failings over Th...

The FRC has said the admitted failings were "rudimentary and should not have occurred" Read More...

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Inheritance tax freeze 'disproportionate' amid UK borrowing plateau
Personal Tax

Inheritance tax freeze 'disproportionate' amid UK borrowing plateau

2y Greg Noble

Inheritance tax freeze 'disproportionate' amid UK ...

This was the fourth largest borrowing year since records began in 1993 Read More...

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Over half of SMEs opposed to R&D reform, study finds
Business

Over half of SMEs opposed to R&D reform, study finds

2y Sam Alberti

Over half of SMEs opposed to R&D reform, study fin...

'The scheme needs to be set out in a better way than the government is proposing' Read More...

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AI assisted sustainability assurance can address market capacity shortage
ESG

AI assisted sustainability assurance can address market capacity shortage

2y Greg Noble

AI assisted sustainability assurance can address m...

80% of ESG reporting had limited assurance in 2021, a 3% drop from 2019 Read More...

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ChatGPT less than 50% accurate in accounting exams, study finds
Technology

ChatGPT less than 50% accurate in accounting exams, study finds

2y Sam Alberti

ChatGPT less than 50% accurate in accounting exams...

Accounting students found to be considerably more capable across the board Read More...

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FRC initiates investigation into EY's audit of Made.com
Accounting Firms

FRC initiates investigation into EY's audit of Made.com

2y Greg Noble

FRC initiates investigation into EY's audit of Mad...

This is the second investigation the FRC has commenced into audits by EY this week Read More...

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