Leaders from the UK food and farming sectors have united to sign a manifesto setting out the principles that can help ensure Brexit is a success for the supply of food in the UK. Continue reading Brexit objectives must be defined
It has been estimated that around one fifth of businesses are losing out on huge sums of money in unclaimed VAT due to a complex and time-consuming European rebate system. Continue reading Billions lost in unclaimed VAT
Charities will have to find nearly £4 billion in additional income by 2020, according to a new economic report. Continue reading Households will have less cash to donate to charities by 2020, suggests report
New research from software provider Quickbooks has revealed that a large number of accountants are still not prepared to adopt cloud accounting. Continue reading Is your accountant ‘cloud accounting-ready’?
Charities have been handed an additional 12 months to comply with Making Tax Digital after it comes into force in April 2019. Continue reading Charities given additional time to prepare for Making Tax Digital
A new consultation exploring the taxation of contractors working in the private sector may have a significant effect on law firms. Continue reading How will the contractor crack down affect law firms?
Recent figures from the Department for Environment, Food and Rural Affairs (Defra) suggests that productivity on UK farms improved significantly last year on 2016 levels. Continue reading Productivity improving on UK farms
Independent think tank the Resolution Foundation has suggested that inheritance tax (IHT) should be scrapped and replaced with a tax on those receiving the money. Continue reading Calls to scrap inheritance tax
A former insurance broker from Hull has been jailed after admitting to setting up fake car insurance policies for hundreds of people. Nigel Fox used his prior insurance broking knowledge to set up the policies and to create fake no claims discount letters, which were used to significantly lower the price of premiums. Continue reading Ghost broker jailed after forensic investigation
Firms should create a culture where achieving “high-quality audit is valued and rewarded”, the Financial Reporting Council (FRC) said in a statement this month. Continue reading How to create a good audit ‘culture’