FTSE 100 house builder Taylor Wimpey has appointed PwC as its external auditor, following a competitive tender process, replacing incumbent Deloitte

HMRC has announced a five-month delay to the introduction of the domestic reverse charge for construction services, due to the impact of the coronavirus pandemic on the construction sector, and the VAT change will not now apply until 1 March 2021

The regulator has censured a Yorkshire charity over unmanaged conflicts of interest, including payments to trustees, and unbalanced research

The government’s furlough scheme for jobs is likely to cost the government £30% less over the lockdown period than originally predicted, partly because many of the workers involved are part-time or lower-paid, the Office for Budget Responsibility (OBR) has found

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 this month’s scandals, convictions and penalties, ex HMRC accountant, and author of a guide to beating the tax authorities, found guilty of tax fraud, world cup winning cricketer shamed on HMRC’s list of tax defaulters and trainee accountant defrauded his employer of £58,000, which he spent in six months on a car and alcohol

Over threequarters of UK workers are willing to pay additional income tax to fund the government’s £300bn of borrowing to fund the Covid-19 response, with many labelling the move ‘a necessary evil’, a survey by AJ Bell has found

The government has confirmed it is to guarantee up to £10bn of trade credit insurance (TCI) coverage, to support thousands of businesses by protecting against customer defaults or payment delays during the current pandemic

The Chartered Institute of Taxation (CIOT) is asking the government to consider delaying changes to capital gains tax rules in relation to home sales, to take account of the impact of Covid-19 on the property market

SMEs facing a ‘debt mountain’ as a result of the Covid-19 pandemic should be offered ‘student loans’ so they can recover quickly when the crisis ends, the Institute of Directors (IoD) has suggested

A North London restaurateur who under-declared more than £200,000 in tax has been disqualified from being a company director for six years

A group of professional bodies has issued guidance on the implications of Covid-19 for pension scheme financial reports and audit, to help pension scheme auditors to navigate the additional challenges raised by the current pandemic

A strong economic recovery following the coronavirus pandemic is likely, with conditions ripe for a quick turnaround from this ‘short, if very sharp, shock’, according to Oxford Economics report

A mental health charity is calling on the government to stop requiring lenders to issue ‘debt threat’ letters to consumers when payments are overdue, as part of its financial support measures during the coronavirus crisis

The trustee of a poverty relief charity has been disqualified and the charity removed from the official register, after a regulatory inquiry found he had stolen around £240,000 from Buckinghamshire-based GTC