Amy Austin

Amy Austin

Amy Austin is reporter, Accountancy Daily and Accountancy magazine, published by Croner-i Ltd, responsible for news and reporting, covering buy-to-let taxes, Brexit, careers and diversity, millennials and internships, and Making Tax Digital, as well as wider tax, audit and accounting issues. she was previously editorial assistant from May 2016 to March 2018. Before joining Accountancy, she worked for a number of publishers as an intern and studied journalism at University of Roehampton.

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Tax / Carpenter knocked back over bonkers TV expense

A curse by a witch, being too short to reach the post box and cold fingers were among the more outlandish excuses given to HMRC for not completing a tax return on time, with expenses claims for family holidays and 55-inch TVs also being turned down

Insight / People in the news: UHY Hacker Young, PKF Littlejohn, Deloitte Legal

Career news this week includes a head of global mobility services at UHY Hacker Young, PKF Littlejohn appoints a co-head of its forensic and fraud team and Deloitte Legal in the UK gets its first managing partner

Insight / Charity commission seeks applicants for interim managers

From 1 February to 31 March the Charity Commission is inviting practitioners to apply to have the chance of becoming an interim manager and is looking for individuals with a proven track record of implementing safeguarding policies and procedures, preferably within the broader charity sector

Tax / Money purchase annual allowance pension warning

HMRC has issued guidance only two weeks before the self assessment deadline to help taxpayers work out when the pensions money purchase annual allowance (MPAA) applies and whether tax is payable on pension savings

Audit / Half of council CFOs want changes to external audit

The government needs to improve its oversight of the governance system to help local authorities cope with increasing financial and demand pressures, with a quarter of chief finance officers (CFO) from councils calling for external auditors to focus on value for money, according to a report from the National Audit Office (NAO)

Tax / Directors taxed under PAYE no longer required to file return

HMRC has amended its guidance on self assessment tax returns to clarify that company directors with income taxed at source under PAYE and with no other tax obligations do not need to complete a tax return

Insight / People in the news: KPMG, BDO, Alvarez & Marsal Taxand

This week's news of professional moves in the sector includes the appointment of a partner and various directors in KPMG’s tax disputes team, BDO has appointed an audit partner to join its East Midlands team and Alvarez & Marsal Taxand gains a managing director in its tax advisory practice

Insight / Accountants see marginal salary increase compared to lawyers

Accountants’ salaries saw a modest 3.2% growth in 2018 compared with legal services which saw salaries increase by 7.6%, although the average salary for an accountant remains higher, according to research from CV-Library

Tax / Dodwell replaces Morton as OTS head

Only five months after joining the Office of Tax Simplification (OTS) as a senior policy adviser, Bill Dodwell has taken over the helm at the organisation succeeding Paul Morton who has been tax director since March 2017

Audit / NHS and local government bodies ignore auditors’ warnings

The number of NHS and local government bodies with significant weaknesses in their arrangements for delivering value for money is ‘unacceptably’ high, but bodies are failing to take action on auditors’ warnings, according to a report from the National Audit Office (NAO)

Audit / Audit updates: January 2019

In this month’s round-up of audit news, the Competition and Markets Authority releases its initial findings into the lack of competition in the listed audit market with the Big Four under fire, while the Kingman review questions to competency of the audit regulator, while Patisserie Valerie drops Grant Thornton in auditor switch to RSM

Accounting / Accounting updates: January 2019

In this month’s roundup of accounting and reporting developments, IFRS 16 Leases effective date hits balance sheet, SEC fines Hertz Global $16m over accounting misstatement, crackdown on abuse of Scottish partnerships for money laundering

Insight / CIOT and ATT relocate in Whitehall

The Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT) have today moved office and will now be based at 30 Monck Street in Westminster

Tax / HMRC turns to universities for digital expertise

With the introduction of Making Tax Digital for VAT only three months away, HMRC is looking to recruit tax specialists with digital skills, along with data analysts and digital experts

Insight / ‘Fat Cat Friday’ as FTSE 100 CEOs pocket average worker’s annual pay

Just three working days into 2019, the typical FTSE 100 chief executive has already been paid what it will take the average UK employee the rest of the year to earn, according to the High Pay Centre and the CIPD