In the last year, HMRC managed to generate £1.63bn in extra tax as a result of investigations into ‘sin taxes’, according to figures obtained by accountancy firm UHY Hacker Young. This represents a rise of 6 per cent compared to Read more…
Category Archives: News
The taxman is warning alcohol traders that they must remember to register with the HMRC Alcohol Wholesale Registration Scheme (AWRS), before the end of March, or face penalties. Those retailers who fail to submit their registration to the initiative by Read more…
Zowie Davis, a former accountant at RAF Honington, has been accused of defrauding the RAF of £100,000. The 38 year old appeared in court yesterday in Bury St Edmunds, but did not enter a plea. She has been granted unconditional Read more…
Industry analysis has found that for private sector professions, accountancy is one of the UK’s most recession-proof. The information comes from Randstad Financial and Professional, who looked at salary data from 2002 to 2014. The analysis ranked professions by how Read more…
Mazars, an audit and accountancy firm based in the Midlands, has agreed a merger with ZhongShen ZhongHuan, a Chinese audit specialist, creating a business capable of supporting clients in 77 countries as a result. The merger will result in more Read more…
The government has revealed the chief executive of HM Revenue and Customs, Dame Lin Homer, will step down in April. Dame Homer was in charge of the UK’s tax office for four years, and very recently received her damehood. She Read more…
New rules which are designed to cut red tape for small businesses may result in a higher risk of undetected crimes, the UK’s accountant-in-chief has warned. As of next year, businesses whose annual turnover is less than £10.2m will not Read more…
A leading Worcester accountant has praised the announcements that George Osborne made in his recent Autumn statement. John Painter, managing partner of CB Chartered Accountants, has welcomed the budget, which highlights the importance of small and medium enterprises (SMEs) to Read more…
The taxman’s eyes are turning towards those who earn £150,000 a year and up, as HMRC continue to try and crack down on tax avoidance. The focus has turned so much, that the staff numbers of the so-called ‘Affluent Unit’ Read more…
An accountant has been sentenced on the charge of theft, stealing £74,000 from her employer which nearly put the chain out of business. Liverpool Crown Court was told how Helen Crompton, 42, stole the money and supposedly spent it on Read more…
