In this month’s legal updates, Sophie Brookes of Gately Legal considers the issues surrounding new legislation for AGMs and company filings, completion warranties and the meaning of ‘meeting’ in times of social distancing
HMRC is holding a two-week consultation on the technical effectiveness of legislation to introduce rules on the taxation of coronavirus business support grants, which will be included in Finance Bill 2020
Chancellor Rishi Sunak has announced changes to the government’s coronavirus support schemes, including part time working and a tapered employers’ contribution, and a second grant payment for the self employed
The Public Accounts Committee (PAC) has opened an inquiry into the UK’s management of ‘tax expenditures’, after a National Audit Office (NAO) report identified over 300 such tax interventions, at a cost of £155bn a year
Top 20 firm Smith & Williamson’s delayed merger with Tilney to create a £45bn integrated wealth management and professional services business is to go head, after the two companies agreed a revised transaction structure and fresh financing
To assist accountants, tax advisers and auditors in dealing with the coronavirus crisis, all our related covid-19 coverage will be available here as soon as new announcements are made, plus expert analysis
This month's exclusive Accountancy Daily CPD module focuses on cashflow reporting and forecasting by reminding businesses that even in times of crisis 'cash is king', also looking at the nine ICAEW principles for financial professionals on how to adapt cashflow processes, analysis and forecasting during the coronavirus crisis
Personal trainer Badrul Islam and optometrists Feel Good Contacts set out 10 simple steps to alleviate neck, back and shoulder pain for those working from home during the lockdown
As latest Treasury figures show 8.4m workers have been furloughed since lockdown began in March, at a cost to government of £15bn, Chancellor Rishi Sunak is expected to announce changes to the scheme, requiring employers to make a contribution
A trainee accountant who defrauded his employer of £58,000, which he spent in six months on a car and alcohol, has been given a suspended jail sentence
With the Premier League set to kick off the remaining matches of the season next month, Manchester United has lost its winning position as the most valuable club in Europe, but English teams continue to dominate the top ten, according to KPMG
HMRC has published guidance on changes to the fee payment and registration arrangements for businesses registered for money laundering supervision, introduced during the coronavirus emergency
The Financial Conduct Authority (FCA) has confirmed additional temporary relief for listed companies facing the challenges of corporate reporting during the coronavirus crisis
Almost three quarters of employees working in financial services rate their working from home experience during lockdown as positive, according to a survey from Deloitte
From desk partitions, journeys to and from work and physical meetings, Thomas Mansfield’s Meredith Hurst highlights the risks that accountancy firms need to focus on as their employees return to the office
The European Commission is proposing a €750bn (£670bn) recovery fund to help the EU tackle the ‘unprecedented crisis’ produced by the coronavirus pandemic
HMRC has significantly ramped up its use of powers to seize monies suspected of being obtained unlawfully, in a sign the tax authority will be getting tough on fraudulent applications for coronavirus support schemes
The National Audit Office (NAO) has qualified the accounts of the British Tourist Authority (BTA) for the third year in a row, due to repeated and ongoing issues with irregular procurement activities and failure to secure government approval for more than £1m of unauthorised payments
ICAEW and the Institute of Chartered Accountants of Scotland (ICAS) have jointly published free-to-access guidance for owners and directors of SMEs to assess the prospects of their business in the wake of Covid-19
The International Accounting Standards Board (IASB) has issued an amendment to IFRS 16 Leases to make it easier for lessees to account for Covid-19-related rent concessions such as rent holidays and temporary rent reductions
