Insight / CIOT president joins Croner-i’s tax writing team

Glyn Fullelove has been appointed as a senior tax writer at multinational information services company Croner-i as the next phase in a more than thirty year career in tax and finance, Zak Jakubowski reports

Tax / HMRC CEO’s warning over job retention bonus

HMRC CEO Jim Harra has challenged the Chancellor over the Job Retention Bonus Scheme set out in this week’s summer economic update, saying that the £1,000 bonus to be paid to employers who bring back furloughed staff may not be cost effective

Insight / Chancellor’s statement boosts training options

The Chancellor’s £30bn plan for jobs, which will see the current furlough scheme wound down in favour of a series of measures to encourage the creation of new positions, has been broadly welcomed for its focus on younger workers, and the opportunities for re-training

Insight / ‘Amnesty’ planned for furlough breaches

The government plans to offer an ‘amnesty’ to employers who have furloughed employees during the coronavirus crisis without meeting the formal conditions of the scheme, enabling them to repay  sums without penalties or further sanctions

Insight / Impact on pensions of changes to Job Retention Scheme

As the government begins to unwind its Coronavirus Job Retention Scheme over the coming months, LEBC’s Kay Ingram looks at how pensions will be affected by the changes

Tax / Chancellor urged to go further with Covid-19 support

Early reaction to the Chancellor’s summer update of measures to combat the economic challenges posed by Covid-19 has been largely positive, although there has been surprise at the lack of support for some badly affected sectors such as retail and aviation

Tax / Summer update: Chancellor offers job funding, VAT cuts and eat out discounts

Just four months after his first Budget, Chancellor Rishi Sunak has unveiled a summer economic update designed to mitigate the impact of the Covid-19 pandemic, with a commitment to encouraging job creation through a government ‘plan for jobs’ and stimulus for consumer spending

Tax / HMRC names new deputy CEO

Angela MacDonald has been named as the HMRC’S new deputy chief executive, succeeding Jim Harra who vacated the position in October 2019 when he took on the top role as HMRC’s chief executive

Tax / Chancellor’s plans to reset economy post-Covid

Chancellor Rishi Sunak is to deliver a ‘summer economic update’ tomorrow, 8 July, outlining the government’s plans to support the economy through the first phase of recovery from the coronavirus crisis, with likely options including temporary tax cuts, funding for green projects, and job creation schemes

Insight / Opinion: Don’t bar Branson from bailouts

Despite calls for UK corporates registered offshore to be denied government help during the coronavirus crisis, Andersen Tax’s Miles Dean argues that support could save thousands of jobs

Insight / Covid-19: £1.57bn support package for arts and culture

The government has announced a £1.57bn rescue package to help Britain’s arts, culture and heritage industries weather the impact of coronavirus, after leading figures from the world of theatre, music and museums warned of widespread venue closures and job losses

Audit / FRC gives four-year deadline for Big Four audit separation

The Financial Reporting Council (FRC) has given PwC, EY, KPMG and Deloitte four years in which to agree to operational separation of their audit practices, in a bid to drive up audit quality and end what the regulator dubbed ‘persistent cross subsidy’ from the rest of the firm

Insight / Administration on the menu at Casual Dining Group

Casual Dining Group (CDG), which operates a range of mid-market restaurant brands including Las Iguanas, Bella Italia and Café Rouge, has collapsed into administration, with the immediate loss of 1,900 jobs

Insight / Push to widen FTSE board diversity

The 30% Club, which has been campaigning for better representation for women on boards for a decade, has announced new diversity targets for UK companies over the next three years, including greater BAME representation at the top level in big companies

Insight / Covid-19: call to review eligibility for self employed scheme support

With under two weeks to the deadline for applications for the government’s self-employment income support scheme (SEISS) grant, the Low Incomes Tax Reform Group (LITRG) is encouraging self-employed people impacted by Covid-19 to double-check their eligibility