Tom Lemmon has been a journalist at Accountancy Age since 2019, covering all things audit, insolvency and the economy. Prior to this, he took an MA in Journalism at Kingston University where he received the award for best student and broadcaster of the year. He also holds a first-class BA in Sociology from the University of Edinburgh.

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Former UK chancellor: Don’t expect tax rises until 2024
Brexit & Economy

Former UK chancellor: Don’t expect tax rises until 2024

5y Tom Lemmon

Former UK chancellor: Don’t expect tax rises until...

Ex-chancellor Philip Hammond believes the current Government is unlikely to make “significant” tax rises until after the next general election Read Mo...

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Deloitte partners face £19m insolvency lawsuit
Big Four

Deloitte partners face £19m insolvency lawsuit

5y Tom Lemmon

Deloitte partners face £19m insolvency lawsuit

Relationship between insolvency practitioners and banks under spotlight again Read More...

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Spike in cyber attacks increases focus on data security
Coronavirus

Spike in cyber attacks increases focus on data security

5y Tom Lemmon

Spike in cyber attacks increases focus on data sec...

Culture change from remote working creates new challenges for firms to keep data secure Read More...

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Auditors must “stop pretending” it’s not their job to catch fraud
Audit

Auditors must “stop pretending” it’s not their job to catch fraud

5y Tom Lemmon

Auditors must “stop pretending” it’s not their job...

President and founder of audit tech company Confirmation calls on auditors to get serious about catching fraud Read More...

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Two-thirds of SMEs still don’t have a business plan
Business

Two-thirds of SMEs still don’t have a business plan

5y Tom Lemmon

Two-thirds of SMEs still don’t have a business pla...

Latest SME Recovery Tracker by ACCA UK and the CFN shows worrying disparity between corporates and SMEs in fight against pandemic Read More...

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Accountancy practices must move fast to weather pandemic storm
Coronavirus

Accountancy practices must move fast to weather pandemic storm

5y Tom Lemmon

Accountancy practices must move fast to weather pa...

Accountancy Age Live Discussion on Friday, September 4 with speakers form RSM and Calligo to discuss how accountancy firms move out of the pandemic Re...

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IFS director says OBR’s economic forecasts are ‘extraordinarily optimistic’
Brexit

IFS director says OBR’s economic forecasts are ‘extraordinarily optimistic’

5y Tom Lemmon

IFS director says OBR’s economic forecasts are ‘ex...

UK set to wait years before GDP returns to pre-pandemic levels Read More...

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Insolvency panel arrangements risk creating conflict of interest, says lawyer
Insolvency

Insolvency panel arrangements risk creating conflict of interest, says lawy...

5y Tom Lemmon

Insolvency panel arrangements risk creating confli...

Panel arrangements between banks and insolvency practitioners (IPs) run the risk of creating a conflict of interest, according to Joanna Ford, partner...

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BEIS committee MP calls for patience over audit reform
Audit

BEIS committee MP calls for patience over audit reform

5y Tom Lemmon

BEIS committee MP calls for patience over audit re...

Conservative MP “wouldn’t read into” failure of government to bring legislation forward since the Brydon report was published Read More...

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MP calls for new insolvency regulator over ‘massive’ conflict of interests
Insolvency

MP calls for new insolvency regulator over ‘massive’ conflict of interests

5y Tom Lemmon

MP calls for new insolvency regulator over ‘massiv...

Conservative MP calls for outlaw of panel agreements and an insolvency tribunal to prevent “egregious” behaviour Read More...

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FRC urges government to implement audit reform
Audit

FRC urges government to implement audit reform

5y Tom Lemmon

FRC urges government to implement audit reform

Principles for operational separation of audit were released yesterday by the FRC, but new legislation is needed for next steps Read More...

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Audit shake-up a good 'first step'
Audit

Audit shake-up a good 'first step'

5y Tom Lemmon

Audit shake-up a good 'first step'

FRC has announced plans for the ‘operational separation’ of audit practices Read More...

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Baldwins regional CEO: All firms must become ‘digital-first’
Coronavirus

Baldwins regional CEO: All firms must become ‘digital-first’

5y Tom Lemmon

Baldwins regional CEO: All firms must become ‘digi...

Pandemic has rapidly accelerated the need for tech Read More...

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BDO sued for £250m: Partner admits to ‘serious dereliction of duty’
Accounting Firms

BDO sued for £250m: Partner admits to ‘serious dereliction of duty’

5y Tom Lemmon

BDO sued for £250m: Partner admits to ‘serious der...

BDO partner mistakenly described the administration of One Blackfriars Limited as objective two, not objective three Read More...

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The unused resource: How Microsoft Office can assist accountants
Accounting Software

The unused resource: How Microsoft Office can assist accountants

5y Tom Lemmon

The unused resource: How Microsoft Office can assi...

Key takeaways from our recent webinar, in association with Calligo Read More...

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BDO sued for £250m: Selling agent accused of conflict of interest
Accounting Firms

BDO sued for £250m: Selling agent accused of conflict of interest

5y Tom Lemmon

BDO sued for £250m: Selling agent accused of confl...

The claimants in the case against BDO over their administration of One Blackfriars Limited have accused BDO of inappropriately using real estate firm,...

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BDO partner admits she didn’t challenge ‘shockingly low’ valuation
Accounting Firms

BDO partner admits she didn’t challenge ‘shockingly low’ valuation

5y Tom Lemmon

BDO partner admits she didn’t challenge ‘shockingl...

Witness in £250m insolvency negligence lawsuit said she didn’t challenge low valuation of One Blackfriars site Read More...

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BDO sued for £250m over ‘light-touch’ administration
Accounting Firms

BDO sued for £250m over ‘light-touch’ administration

5y Tom Lemmon

BDO sued for £250m over ‘light-touch’ administrati...

A £250m insolvency negligence lawsuit, thought to be the largest of its kind, began this week against BDO in the UK’s High Court. The claimants in the...

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Lack of dividends income support a ‘blatant snub’ for self-employed
Business

Lack of dividends income support a ‘blatant snub’ for self-employed

5y Tom Lemmon

Lack of dividends income support a ‘blatant snub’ ...

UK self-employed and micro-businesses are being left behind as the government support through the Coronavirus Job Retention Scheme (CJRS) doesn’t acco...

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38% of SMEs won’t survive into June, poll says
Business

38% of SMEs won’t survive into June, poll says

5y Tom Lemmon

38% of SMEs won’t survive into June, poll says

SMEs are continuing to suffer in lockdown as the UK economy grinds to a halt Read More...

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Inside Accountancy podcast: Coronavirus and accountancy
Accounting Firms

Inside Accountancy podcast: Coronavirus and accountancy

5y Tom Lemmon

Inside Accountancy podcast: Coronavirus and accoun...

In the latest edition of Inside Accountancy, reporter Tom Lemmon speaks to Donna Bulmer, managing partner of Haines Watts to discuss how coronavirus h...

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Lords committee chair blasts government’s “nonsense” over IR35
Coronavirus

Lords committee chair blasts government’s “nonsense” over IR35

5y Tom Lemmon

Lords committee chair blasts government’s “nonsens...

The House of Lords Economic Affairs Finance Bill Sub-Committee report, published today, took aim at the government and HMRC for considering the issue ...

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Industry at odds over potential insolvencies
Accounting Firms

Industry at odds over potential insolvencies

5y Tom Lemmon

Industry at odds over potential insolvencies

Predictions of 800,000 UK insolvencies requires “sense-checking” says RSM, but leading insolvency body say it depends on the length of the crisis Read...

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FRC fines KPMG £700,000 for poor audit
Audit

FRC fines KPMG £700,000 for poor audit

5y Tom Lemmon

FRC fines KPMG £700,000 for poor audit

The FRC has fined KPMG UK £700,000 and reprimanded KPMG UK’s former senior partner for Manchester, Nicola Quayle for a “failure to apply sufficient pr...

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Coronavirus puts life insurers under threat due to ‘phantom capital’ exposure
Accounting Standards

Coronavirus puts life insurers under threat due to ‘phantom capital’ exposu...

5y Tom Lemmon

Coronavirus puts life insurers under threat due to...

Corporate defaults caused by the impacts of coronavirus could lead to a collapse of the life insurance market, as matching adjustment leaves many expo...

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“An immensely testing time for accountants”
Budget

“An immensely testing time for accountants”

5y Tom Lemmon

“An immensely testing time for accountants”

Here are the key takeaways from our recent webinar, in association with Receipt Bank, where we discussed how coronavirus, the budget and the added sup...

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HMRC updates self-assessment deferral to include all self-assessment taxpayers
Coronavirus

HMRC updates self-assessment deferral to include all self-assessment taxpay...

5y Tom Lemmon

HMRC updates self-assessment deferral to include a...

HMRC has updated its guidance on the July payments on account deferral to include all self-assessment taxpayers, not just the self-employed Read More...

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