Anti-money laundering legislation may create a two-tier regime
Legal

Anti-money laundering legislation may create a two-tier regime

8y Accountancy Age

Anti-money laundering legislation may create a two...

AML legislation may create a “two-tier regime” due to inconsistent approaches towards accountants that are part of a professional accounting body and ...

View article
Court upholds ruling against HMRC’s position in Sports Direct EU VAT case
HMRC

Court upholds ruling against HMRC’s position in Sports Direct EU VAT case

8y Accountancy Age

Court upholds ruling against HMRC’s position in Sp...

The Upper Tribunal Court has upheld a ruling in favour of Sports Direct and against HMRC’s position that the retail company owed millions in EU VAT Re...

View article
What to expect from GDPR
Legal

What to expect from GDPR

8y Accountancy Age

What to expect from GDPR

The legislation gives individuals greater control over their personal data, including 'the right to be forgotten' and holds businesses accountable for...

View article
Get the latest analysis and reports delivered to your inbox daily
Pimlico Plumbers to take employment case appeal to Supreme Court
Legal

Pimlico Plumbers to take employment case appeal to Supreme Court

8y Accountancy Age

Pimlico Plumbers to take employment case appeal to...

The case centres around the employment status of Gary Smith, a plumber who worked on a self-employment contract Read More...

View article
HMRC dawn raids increased by 34% in five years
HMRC

HMRC dawn raids increased by 34% in five years

8y Accountancy Age

HMRC dawn raids increased by 34% in five years

This is part of HMRC’s efforts to clamp down on white collar tax evasion, and new legislation criminalising failure to prevent tax evasion will give H...

View article
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules
Accounting Standards

Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

8y Accountancy Age

Accountants shouldn’t neglect hybrid mismatch anti...

Alison Conley, partner at MHA MacIntyre Hudson, looks at hybrid mismatch anti-avoidance legislation, and why accountants should pay attention to it Re...

View article
PwC sued by NHBC for £35m in tax dispute
Accounting Firms

PwC sued by NHBC for £35m in tax dispute

8y Accountancy Age

PwC sued by NHBC for £35m in tax dispute

NHBC is suing its auditor PwC over allegations the firm failed to disclose the council was overpaying corporation tax Read More...

View article
Are you prepared for the £1 changeover?
Accounting Firms

Are you prepared for the £1 changeover?

8y Accountancy Age

Are you prepared for the £1 changeover?

With less than three months left before the old round pound coin loses its legal tender status, The Royal Mint and HM Treasury are urging accountants ...

View article
Industry reaction: Taylor Review does not go far enough in addressing tax issues
Legal

Industry reaction: Taylor Review does not go far enough in addressing tax i...

8y Accountancy Age

Industry reaction: Taylor Review does not go far e...

While supportive of suggestions to afford gig economy workers more rights and protections, industry reaction suggests more tax reform is needed for me...

View article
Are you prepared for partnership?
Legal

Are you prepared for partnership?

8y Accountancy Age

Are you prepared for partnership?

Being made partner is an exciting opportunity, but it's important to fully understand the rights, obligations, liabilities and duties that come with p...

View article
The real price of mates' rates in the provision of professional services
Accounting Standards

The real price of mates' rates in the provision of professional services

8y Accountancy Age

The real price of mates' rates in the provision of...

It's important for accountants who provide services outside a formal contractual framework to think about their exposure to claims Read More...

View article
Rangers tax case to have ‘dramatic’ consequences for football and business
Legal

Rangers tax case to have ‘dramatic’ consequences for football and business

8y Accountancy Age

Rangers tax case to have ‘dramatic’ consequences f...

The Supreme Court rules in favour of HMRC in a tax case relating to the remuneration of Rangers Football Club employees through an employee benefit tr...

View article
Lessons from Lehman: What insolvency issues can be drawn from the latest Waterfall case?
Insolvency

Lessons from Lehman: What insolvency issues can be drawn from the latest Wa...

8y Accountancy Age

Lessons from Lehman: What insolvency issues can be...

Jessica Walker, senior associate at Mayer Brown International, discusses the insolvency issues raised by the Lehman case in the Supreme Court Read Mor...

View article
HMRC receives record number of judicial reviews
HMRC

HMRC receives record number of judicial reviews

8y Accountancy Age

HMRC receives record number of judicial reviews

HMRC received a record number of 90 judicial reviews last year, raising concerns about the tax authority's potential misuse of power Read More...

View article
HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act
HMRC

HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

8y Accountancy Age

HMRC invests in Fraud Investigation Service ahead ...

HMRC has increased investment in its Fraud Investigation Service staff, suggesting that investigations into large corporates may be in progress Read M...

View article
The decline of the probate valuation specialist
Legal

The decline of the probate valuation specialist

8y Accountancy Age

The decline of the probate valuation specialist

With the investment industry evolving towards discretionary investment management, Neil Jones of Hargreave Hale assesses why the probate services offe...

View article
HBOS in 2017: The ongoing scandal
Business Regulation

HBOS in 2017: The ongoing scandal

8y Accountancy Age

HBOS in 2017: The ongoing scandal

Many questions remain unanswered following the HBOS scandal. How did six people get away with so much for so long? How has Lloyds responded? What are ...

View article
Inheritance tax relief predicted to hit £900m through charitable donations
Legal

Inheritance tax relief predicted to hit £900m through charitable donations

8y Accountancy Age

Inheritance tax relief predicted to hit £900m thro...

Inheritance tax relief increased by 16% last year to £880m, compared to £760m in the previous year. The amount is significantly higher than the £420m ...

View article
Relationship between ‘gig economy’ and tax must be examined
Legal

Relationship between ‘gig economy’ and tax must be examined

8y Accountancy Age

Relationship between ‘gig economy’ and tax must be...

LITRG urges the Taylor review to examine the relationship between tax and non-standard work Read More...

View article
Debt collection made harder for businesses by new MoJ rules
Legal

Debt collection made harder for businesses by new MoJ rules

8y Accountancy Age

Debt collection made harder for businesses by new ...

New rules will make collecting debt from individuals more difficult for businesses Read More...

View article
Insolvency: When is it time to accept the inevitable?
Insolvency

Insolvency: When is it time to accept the inevitable?

8y Accountancy Age

Insolvency: When is it time to accept the inevitab...

What are the risks of trading when in financial difficulty? Nathanael Young of SA Law explores the legal implications of continuing to trade even thou...

View article
Failure to prevent tax evasion becomes criminal offence in Criminal Finances Act 2017
Legal

Failure to prevent tax evasion becomes criminal offence in Criminal Finance...

8y Accountancy Age

Failure to prevent tax evasion becomes criminal of...

The legislation, expected to be implemented in September 2017, will make businesses liable for criminal acts committed by employees who encourage or a...

View article
Gig economy: From the margins to the mainstream
Legal

Gig economy: From the margins to the mainstream

8y Accountancy Age

Gig economy: From the margins to the mainstream

Katie Clark of McDermott Will & Emery explores the 'gig economy', looking at practical steps employers should consider when engaging individuals a...

View article
What accountants need to know about providing legal services
Legal

What accountants need to know about providing legal services

8y Accountancy Age

What accountants need to know about providing lega...

Ross Risby and Will Naylor of DAC Beachcroft highlight the key issues for accountants to consider when undertaking legal work Read More...

View article
Total fraud value at £2bn five-year high, finds BDO
Accounting Firms

Total fraud value at £2bn five-year high, finds BDO

9y Stephanie Wix , Writer

Total fraud value at £2bn five-year high, finds BD...

The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data Read More...

View article
SFO in 'big league' following Rolls-Royce settlement
Business Regulation

SFO in 'big league' following Rolls-Royce settlement

9y Stephanie Wix , Writer

SFO in 'big league' following Rolls-Royce settleme...

Partner at Pinsent Masons says Serious Fraud Office has secured 'one of the top ten enforcement actions of all time' Read More...

View article
First head of client legal services practice appointed at RSM
Accounting Firms

First head of client legal services practice appointed at RSM

9y Stephanie Wix , Writer

First head of client legal services practice appoi...

Carolyn Brown appointed as the first head of client legal services practice RSM Legal Read More...

View article