Middle market businesses are confident that the economic outlook will improve over the next quarter, despite inflationary pressures and the risk of recession
HMRC and the government need to take urgent action to clamp down on the prevalence of R&D tax fraud and reform the rules, says Lord Leigh of Hurley, chair of the Finance Bill Sub-Committee
There are only a few weeks left until the capital gains tax annual exemption is halved to £6,000 bringing 250,000 taxpayers into scope from 2023-24 tax year
The reintroduction of creditor winding up petitions on companies in Northern Ireland will gather pace now an amendment to insolvency rules has been passed
While a u-turn on corporation tax seems unlikely, there are calls to increase the profit limit to reduce the impact on smaller businesses and more certainty on business tax reliefs and capital allowances
AIM listed tech company WANdisco has reported a major fraud related to revenue recognition in its accounts with up to $15m (£12.5m) of potentially fraudulent sales
HMRC has sent letters to businesses advising them to check their super-deduction reporting to ensure they have not claimed for lease related transactions
Inflation and the cost of living crisis are big concerns for accountants, but they demonstrate high levels of financial resilience and risk awareness, says Olly Cheng, associate director of Saunderson House
