HMRC set to close self-assessment helpline for three months
HMRC

HMRC set to close self-assessment helpline for three months

10m Sam Alberti

HMRC set to close self-assessment helpline for thr...

The closure is intended to reduce the burden on HMRC phone lines and prioritise 'urgent' cases Read More...

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IR35: Government set to tackle ‘murky’ umbrella company market
Contracting

IR35: Government set to tackle ‘murky’ umbrella company market

10m Sam Alberti

IR35: Government set to tackle ‘murky’ umbrella co...

The fresh proposals mark the end of a 14-month wait for the findings of a public consultation Read More...

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CIOT: Poor HMRC service ‘hammers away’ at trust
Brexit & Economy

CIOT: Poor HMRC service ‘hammers away’ at trust

10m Sam Alberti

CIOT: Poor HMRC service ‘hammers away’ at trust

The Chartered Institute of Taxation has issued damning comments on HMRC's ongoing challenges with service levels Read More...

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IR35 liabilities in public sector reach £300m
Contracting

IR35 liabilities in public sector reach £300m

10m Sam Alberti

IR35 liabilities in public sector reach £300m

The UKRI follows the DWP and DEFRA in being handed hefty tax bills Read More...

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FRC announces major overhaul of UK Corporate Governance Code
Audit

FRC announces major overhaul of UK Corporate Governance Code

10m Sam Alberti

FRC announces major overhaul of UK Corporate Gover...

The proposals form part of an ongoing overhaul of audit and corporate governance in the UK Read More...

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FRC minimum standard for audit committees ‘a step in the right direction’
Audit

FRC minimum standard for audit committees ‘a step in the right direction’

10m Greg Noble

FRC minimum standard for audit committees ‘a step ...

But it may not be the solution to building consistently high-quality audits Read More...

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

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

10m 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

10m 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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ISSB transition respite will provide 'more consistency'
Business Regulation

ISSB transition respite will provide 'more consistency'

10m 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

10m 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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Smarter Regulation plans ‘long overdue’ for temporary workers
Brexit & Economy

Smarter Regulation plans ‘long overdue’ for temporary workers

11m 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

11m 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

11m 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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Professional scepticism requires ‘right’ culture
Accounting Firms

Professional scepticism requires ‘right’ culture

11m 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

11m 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

11m 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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April People Moves: Big Four firm announces new head of ESG
Accounting Firms

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

11m 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

11m 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

11m 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

11m 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

11m 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

11m 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

11m 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

11m 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

11m 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

11m 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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Accountants’ economic confidence edges up for third consecutive quarter
Brexit & Economy

Accountants’ economic confidence edges up for third consecutive quarter

11m Sam Alberti

Accountants’ economic confidence edges up for thir...

The survey paints a “brightening” picture of the global economy, according to the ACCA Read More...

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