News

Accountancy firm Grant Thornton fined £2.3m
Accountancy firm Grant Thornton (GT) has been reprimanded by the Financial Reporting Council (FRC) over an audit for a company
tax
Accelerated Payment Notices net HMRC 943m GBP
International law firm Pinsent Masons say that HMRC’s Large Business Directorate collected £943m from large businesses over the last year,
High court approves Tesco DPA
A settlement between Tesco and the Serious Fraud Office has been agreed, and will involve the retail giant paying a
tax
HMRC collect over £3bn from SME VAT
Tax investigation insurance specialists PfP say that HMRC has collected an additional £3.3bn from SMEs, after enquiring about underpaid VAT.
Tesco to pay £129m after overstating profits
Tesco will avoid prosecution for overstating profits in 2014, but will have to pay a fine of £129m. Following a
Accountancy
AAT first accountancy body to sign Women in Finance Charter
The AAT has signed the Women in Finance Charter, a measure designed to promote gender equality in the finance industry,
Accountancy firm KPMG changes its graduate recruitment process
KPMG appoint Bill Thomas as new global chairman
Bill Thomas, the chairman of KPMG’s Americas region, has been elected as the new chairman of KPMG International and will
Accountancy
Hammond hints of reform to business rates in Budget 2017
Chancellor Philip Hammond has given a limited suggestion in his Spring Budget speech that business rates are set to be
Accountancy firm KPMG changes its graduate recruitment process
New UK chairman for accountancy firm KPMG
ICAEW chartered accountant Bill Michael has been revealed as the new UK chairman of KPMG, succeeding Simon Collins on 30
Tax
HMRC collect £92m from SDLT avoidance
£92m was collected by HMRC’s Counter Avoidance Directorate in unpaid Stamp Duty Land Tax (SDLT) according to figures provided by

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