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  • Audit news round-up – Sports Direct saga continues, GE ‘accounting fraud’

    Mike Ashely’s high street giant is now turning to mid-tier firms, and has reportedly approached BDO and Mazars about a possible tender process. The post Audit news round-up – Sports Direct saga continues, GE ‘accounting fraud’ appeared first on Accountancy Age.

    Date: 23 August 2019

  • ICAEW calls for more flexible Apprenticeship Levy

    The accountancy sector has benefited significantly from apprenticeships, which have helped plug the skills gap and support growth among small practices across the country. The post ICAEW calls for more flexible Apprenticeship Levy appeared first on Accountancy Age.

    Date: 23 August 2019

  • Value of Fraud Cases reaching UK Courts decreased in H1 2019

    Roy Waligora, KPMG UK head of investigations said: “We are noting a worrying move from criminals simply hacking as a means to an end to being industrialised personal data brokers on the dark web. The post Value of Fraud Cases reaching UK Courts decreased in H1 2019 appeared first on Accountancy Age.

    Date: 21 August 2019

  • Tilney and Smith & Williamson confirm merger talks

    A merger between the two firms would form a £45bn group and one of the largest wealth managers in the UK, in terms of assets managed. The post Tilney and Smith & Williamson confirm merger talks appeared first on Accountancy Age.

    Date: 20 August 2019

  • Audit news round-up

    It has been a busy week for the large accountancy firms, which has seen Grant Thornton quitting Sports Direct leaving the retail giant in audit-limbo, PwC has won the job of managing the remaining Northern Rock assets, Deloitte were reported to the FRC, and KPMG ousted their head of UK consulting. The post Audit news round-up appeared first on Accountancy Age.

    Date: 16 August 2019

  • Grants awarded to drive SME lending and payment service development

    Board of Banking Competition Remedies awards £10m grants to four fintechs, including Modulr, to drive expansion of lending or payments services to SMEs. The post Grants awarded to drive SME lending and payment service development appeared first on Accountancy Age.

    Date: 15 August 2019

  • Accountancy sector encouraged to think about future talent recruitment

    Financial firms should not be afraid to utilise Generation Z and socio-economic diverse talent, research suggests. The post Accountancy sector encouraged to think about future talent recruitment appeared first on Accountancy Age.

    Date: 13 August 2019

  • 3,800 businesses miss VAT deadlines due to MTD struggles

    National accountancy group UHY Hacker Young have said that 3,860 businesses have missed the deadline, and almost 600,000 businesses out of 1.2 million still need to sign up to MTD. The post 3,800 businesses miss VAT deadlines due to MTD struggles appeared first on Accountancy Age.

    Date: 12 August 2019

  • Record fall in number of non-domiciled taxpayers

    There were an estimated 78,300 people claiming non-domiciled taxpayer status in the UK on their Self-Assessment tax returns  in 2017-18, which fell from 90,500 in the previous year, which represents a fall of 13.5%. The post Record fall in number of non-domiciled taxpayers appeared first on Accountancy Age.

    Date: 09 August 2019

  • Small businesses more likely to overpay taxes than be fined

    Research commissioned by QuickBooks has found a lack of confidence among business owners when it comes of filing their VAT, with just 1-in-4 (27%) saying they are confident that they filed their VAT accurately. The post Small businesses more likely to overpay taxes than be fined appeared first on Accountancy Age.

    Date: 09 August 2019