Sara White

Sara White

Sara White is editor of Accountancy Daily, published by Croner-i, and in her current role is responsible for the Accountancy portfolio, including the content and editorial direction of Accountancy Daily, daily and weekly e-alerts for accountants, tax advisers and auditors, as well as a tailored CPD offering for Accountancy Daily subscribers. Sara joined Accountancy in 2011 as Editor with a brief to relaunch the print version of Accountancy magazine and the associated website, now Accountancy Daily. Prior to joining Croner-i [Wolters Kluwer Legal & Regulatory from 2011-17], she worked as Editor at a number of leading B2B print and digital titles, including Edge at the Institute of Leadership and Management (ILM), What to Buy for Business at Nexus Media, Editor of C&IT at Haymarket Publishing for 10 years, and various roles at Argus Business Press, including on Middle East Agribusiness and Asian Agribusiness, Her first reporter job was at CEI at Argus Business Press. For the latest breaking news stories and analysis, plus subscriber-only premium content and Q&As on dealing with covid-19, go to our dedicated Accountancy Daily Coronavirus News Hub, Not already signed up to the Accountancy Daily community and want to keep up to date with the incredibly fast-moving covid-19 situation, then please do register for our free 4pm news alerts and exclusive Accountancy Daily Covid-19 Weekly Alert, which is sent out at 4.45pm every Friday.  If you prefer to talk, simply call 0800 231 5199 to book a demo

Tax / Coronavirus: essential updates for accountants, tax advisers and auditors - Part 2

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

Tax / Coronavirus: essential updates for accountants, tax advisers and auditors - Part 1

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

Tax / Covid-19: Branson told BVI lockdown hideaway not a collateral asset

Multimillionaire Sir Richard Branson has been told that the government is not prepared to hand out a £500m bailout loan for Virgin Atlantic, the airline in which he owns a minority 20% stake, with majority shares held by EU and US owned carriers

Tax / HMRC emails two million eligible businesses login details for furlough portal

The government has sent personalised emails to an estimated two million eligible employers who operate PAYE systems with final details about how the furlough claim scheme will work and what employer reference codes will be required, with a step by step guide to how to use the furlough claim portal. Sara White reports

Insight / Covid-19: Future Fund for 'innovative' companies with matched state funding

The government is planning to shore up some of the perceived gaps in the covid-19 rescue package with the launch of the Future Fund targeted at equity funded businesses which have been operating for five years or more

Tax / Government extends furlough end date to 30 June at £50bn cost

The three-week lockdown announced yesterday has now been accompanied by a government confirmation that the Coronavirus Job Retention Scheme furlough rules or 80/20 rules, will be extended to 30 June with a potential price tag of £50bn, reports Sara White

Insight / EY cuts partner pay by 20% to prevent furloughing staff

EY is the second Big Four firm to cut partner pay by 20% as a ‘prudent’ measure in the face of the covid-19 situation, but it says it hopes to avoid making redundancies or putting staff on furlough, reports Pat Sweet

Insight / BDO furloughs 700 and cuts partner pay by 25%

BDO is the latest major accounting firm to use the furlough rules to temporarily lay off 700 staff, freeze the quarterly dividend and cut partners’ monthly pay by 25%. Sara White reports

Insight / Deloitte freezes salaries, defers partner payouts

Big Four accounting giant Deloitte has confirmed plans to defer partner profit distribution payments and freeze the annual firm-wide salary increase for all staff, but will make partner promotions, in light of covid-19 situation, reports Sara White

Tax / Furlough start date extended to 19 March

The government has extended the start date for eligibility for furlough to 19 March from original 28 February meaning 200,000 more people can benefit, reports Sara White

Audit / Grant Thornton loses Modern Water audit to Jeffreys Henry

Jeffreys Henry LLP has replaced mid-tier Grant Thornton as auditor at AIM listed Modern Water plc, a water technology group, which is going through a major restructure following balance sheet tensions. Sara White reports

Tax / Covid-19: HMRC clarifies MTD for VAT deferral reporting

HMRC has issued detailed guidance in updated VAT Notice 700/22 setting out the process for deferring VAT filings by three months under Making Tax Digital

Tax / HMRC launches beta testing for 80% furlough portal, Harra tells MPs

Speaking at a virtual Treasury Committee hearing on the impact of the covid-19 related measures on the workload and delivery ability of HMRC, head of the tax authority, first permanent secretary and chief executive, Jim Harra told MPs that in-house IT developers and outsourced IT provider CapGemini had been working 24/7 to complete all the preliminary code changes to create the new 80% furlough reporting portal with phase one testing with selected PAYE employers launched today. Sara White reports

Tax / Covid-19: MTD technical guidance being rewritten for VAT deferral

HMRC is finetuning the technical details for the VAT deferral process for businesses using the Making Tax Digital (MTD) for VAT system with an update to HMRC Technical VAT Notice 700/22 expected shortly

Insight / Grant Thornton partner earnings hit £513k as audit profits collapse

After a troubled period including the sudden departure of CEO Sacha Romanovitch, multimillion pound regulatory fines for audit failures and a six-month deferral of their accounts, mid-tier Grant Thornton, ranked sixth in the Accountancy Daily Top 75 Firms, has reported a rise in fee income to £514m and hike in partner profitability after a torrid set of numbers the previous year