As Covid-19 challenges add to daily stresses, accountants view mental wellbeing as more important and give it a higher priority than other professional groups, including lawyers and management consultants, according to a survey by wealth management firm Saunderson House
Half of the UK’s financial services workforce want to work from home after Covid-19, according to a report by KPMG and the Financial Services Skills Commission, suggesting the dramatic change in working patterns created by the pandemic is likely to lead to a new approach
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
In the face of mounting concerns about the disparity in help available, Chancellor Rishi Sunak has announced changes to the government’s coronavirus job support scheme (JSS) to provide additional funding for businesses placed under tighter restrictions but not legally required to close
Following the chancellor’s Winter Economy Plan, Crowe’s Nick Latimer unpicks the implications for self-assessment taxpayers, including an extra 12 months to pay alongside other measures, but warns there are strings attached, including interest and time restrictions
Deloitte is the first of the Big Four to announce it is reducing the amount of office space occupied by the firm as a result of the impact coronavirus has had on working patterns, with plans to shut four of its offices
After just nine months, the number of profit warnings issued by UK quoted companies has reached a new, annual high with more expected as the impact of Covid-19, Brexit and reduced government support take effect, according to EY
Greater Manchester leaders were unable to reach an agreement with government by midday, therefore Tier 3 ‘very high alert’ Covid restrictions will proceed without an agreement
Businesses and workers in Wales and Ireland are bracing themselves for tighter restrictions on activities as both administrations introduce lockdowns to halt the growing number of coronavirus infections and slow the progress of the pandemic
In our regular Q&A series, Croner Taxwise, tax adviser, Ibrahim Nalla, explains the tax implications of buying a brand-new office pod to be installed in a company director’s garden, how will the company and director be affected?
CFOs are not expecting a ‘return to normal’ to pre-pandemic levels for business until next summer at the earliest, although most are expecting to take back the bulk of furloughed staff in the meantime, according to research by Deloitte
With HMRC writing to thousands of businesses warning them of investigation risk if they have incorrectly or fraudulently claimed job support grants, now is the time to get records in order, writes Philip Smith
HMRC’s reporting of the ‘tax gap’ has been labelled as ‘misleading’ by the public accounts committee (PAC), which says the department should explain the limitations of its approach to calculating the difference between the tax that should be paid on the UK’s economic activity and the amount actually collected
Directors using funds from job retention scheme to boost cashflow rather than meet tax liabilities risk being personally liable for penalties, say RSM’s Susan Ball and Jamie Wilson
