Insight / Covid-19: accountants called up to Army reserve

Accountants are among 3,000 Army reservists with specialist skills set to be called up by the Ministry of Defence (MoD) to help in the fight against coronavirus

Insight / Covid-19: Grant Thornton plans to put staff on reduced hours

Grant Thornton is the first major accounting firm to be hit by the coronavirus crisis and is asking staff to reduce their hours or consider taking a sabbatical in a bid to shore up business and continue to support client base, reports Sara White

Tax / Covid-19: annual leave rules relaxed to allow two-year cycle

Workers who have not taken all of their statutory annual leave entitlement due to Covid-19 will now be able to carry it over into the next two leave years, the government has announced

Insight / Covid-19: contractors ‘fall through cracks’ in support

Contractors and others who work through personal service companies (PSCs) fear they risk being left without government support for lost earnings as a result of coronavirus, because they do not meet the requirements of current support schemes

Insight / Covid-19: accounting and tax institutes cancel exams

Students in the accountancy sector may have longer to revise as exams are pushed back due to the covid-19 crisis, although some exams may go online, reports Zak Jakubowski

Audit / Covid-19: FTSE audit tenders face delays, partner engagements extended

The length of time an audit partner can remain in position without rotating off the client company can be extended on a temporary basis due to the ongoing covid-19 crisis, the Financial Reporting Council (FRC) has confirmed, while it is calling for a halt on company audit tender processes, reports Philip Smith 

Insight / Covid-19: gender pay gap reporting suspended

Companies will not be required to report on their gender pay gap data this year, as is mandatory for those with over 250 employees, because of the coronavirus pandemic, reports Pat Sweet

Insight / Which financial services employees are classed as key workers?

Parents whose work is critical to the covid-19 response, such as workers in the financial market infrastructure, can qualify to have their children in school as part of government measures to support the economy during the covid-19 crisis

Insight / Accountancy firms activate agile working as office premises close

In the face of the covid-19 crisis, accountancy firms have been forced to overhaul their entire working practices, adopt firm-wide home working, cancel face-to-face client meetings and work 24/7 to support their clients. Philip Smith reports on how they are coping

Tax / Middlesbrough Football Club loses NMW replay with HMRC

HMRC has scored a victory over Middlesbrough Football Club, currently 19th in the now suspended Championship, at an employment tribunal appeal over underpayments of the national minimum wage (NMW) relating to employee deductions for season tickets

Insight / Online coronavirus isolation notes for absence from work

People unable to work for more than seven days because of coronavirus can obtain an isolation note through a new online service

Tax / Employee counselling added to non-taxable benefit list

Specialist counselling, such as cognitive behavioural therapy, is to be added to the list of non-taxable occupational health services provided by employers, in a bid to support improvements in individuals’ health

Insight / HMRC postpones north east office closures

HMRC has made changes in its office closure plans by extending the life of hubs in Washington and Bradford on a transitional basis

Tax / AAT cancels June conferences

The Association of Accounting Technicians (AAT) has cancelled two upcoming conferences due to covid-19 outbreak and closed its London HQ as all staff go to remote working

Insight / Hywel Ball named as EY's new UK chair

EY has appointed Hywel Ball to succeed Steve Varley in the firm’s top role, as EY UK & Ireland regional managing partner and UK chair, taking over on 1 July