Accountancy & Finance
LSBF News
FRC consults on changes to the Audit Firm Governance
The Audit Firm Governance Code, which oversees transparency and quality, is undergoing a consultation by the Financial Reporting Council (FRC).…
Fax phased out by HMRC for SA302 tax calculations
Agents who still use faxed copies of SA302 tax calculations from HM Revenue and Customs (HMRC) as evidence of a…
Green light for employment review
The Office of Tax Simplification’s call for a task force with the job of coming up with a universal definition…
UK self-employed turn away from personal pensions
With the self-employed sector continuing to grow in the UK, new research shows that millions are risking their retirement by…
Higher taxes hit individuals more than corporations, says OECD
The Organisation for Economic Co-operation and Development (OECD) has claimed that individual taxpayers are paying a bigger share of tax…
HMRC digital accounts backed by freelancers' accounting firm
FreeAgent, an accounting firm for freelancers, has issued a statement of support for HM Revenue & Customs' new digital tax…
Charity Commission gets new governance framework
A revised and updated governance framework has been published by The Charity Commission following an independent review. The effectiveness of…
Financial Reporting Council wants transparent disclosure of risks in corporate reports
The Financial Reporting Council (FRC) is set to conduct a review into how companies report tax risks, focusing on the…
HMRC issues new briefing on Scotland income tax rate
HM Revenue and Customs (HMRC) has issued a new briefing outlining the details surrounding the new system, which comes in…
EU approval for bank loans provisioning rule coming soon, says IASB
Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), has said that the EU will soon approve a delayed…
Fund sector in Guernsey registers strong Q3 growth
The Guernsey Financial Services Commission has reported an increase in the net asset value of funds managed or administered by…
Rough guide to the Autumn Statement
Last week's Autumn Statement contained plenty of new announcements that will have a direct impact on the UK accountancy sector.…