Tax / Q&A: VAT on the Eat Out to Help Scheme

In our regular Q&A series from Croner Taxwise, VAT adviser, Tony Chamberlain explains the VAT implications of the Eat Out to Help Scheme, do restaurateurs only pay VAT to HMRC on the discounted amount or full value of the bill?

Insight / Quantuma in £26.95m merger

Business advisory firm Quantuma has agreed a £26.95m merger with AIM-listed K3 Capital Group, in a bid to create an independent global advisory practice

Insight / Legal updates: August 2020

In this month’s legal updates, Sophie Brookes of Gately Legal considers whether a company’s accountants owed a duty of care to a shareholder, company restoration and CIGA 2020

Insight / BAME 2020: one in 250 partners is black at top eight accountancy firms

Accountancy Daily’s survey of ethnic diversity within the UK accountancy profession shows there are only 17 black partners in the top eight firms despite signs of increasing black, Asian and minority ethnic representation among staff

Tax / Plans for NICs holiday for military veterans’ first civilian job

The government is consulting on plans for a National Insurance contributions (NICs) holiday for Armed Forces veterans who take up civilian jobs, first announced at Spring Budget 2020

Insight / 'Dramatic' plunge in corporate insolvencies

The government’s coronavirus support measures have had a dramatic impact on corporate insolvencies, which have fallen to their lowest level for four years, according to research by KPMG

Accounting / Covid-19: revenue considerations for accountants and auditors - CPD module - NEW

This month's exclusive Accountancy Daily CPD module focuses on how accountants and auditors will need to pay close attention to how revenue is treated in the accounts as companies prioritise generating revenue to overcome the pandemic

Insight / Quarter of finance teams to continue home working

Despite Prime Minister Boris Johnson urging employees to start returning to their workplace from next week, a quarter report their company’s finance teams will not be returning to the office with other staff in August and will now work at home for the majority of the time, according to research by Theta Financial Reporting

Insight / FTSE 350 companies with female execs increase profits

Increasing the number of women on the leadership teams of FTSE 350 companies could add £47bn to their profits, according to research by gender diversity specialist The Pipeline

Insight / Furloughed workers to get full redundancy payments

The government has introduced legislation to ensure furloughed employees receive statutory redundancy pay based on their normal wages, rather than a reduced furlough rate, so that they receive their full entitlement

Tax / Tackling the £31bn tax gap: what’s next?

As HMRC reveals a shrinking tax gap, BDO’s Dawn Register and Tom Palmer investigate where and how the tax collector can find the missing billions, from a focus on offshore and the wealthy to those that simply do not pay

Insight / Covid-19: self-isolation period extended

Andrew Willis, head of legal at Croner comments on the planned increase of the self-isolation period by three days, exploring ways employers could cover this added absence through annual leave or the statutory sick pay (SSP) rebate scheme 

Insight / Calls for finance firms to protect vulnerable consumers

The Financial Conduct Authority (FCA) is calling for finance firms to do more to protect vulnerable consumers and ensure they are receiving positive outcomes

Insight / Four arrests in multi-million phone scam raids

Two men and two women have been arrested as part of an investigation into a suspected multi-million pound phone scam targeting UK taxpayers

Accounting / Aston Martin’s accounting error adds £15.3m to losses

Luxury car manufacturer Aston Martin has revealed that an accounting error means the sports car specialist understated its 2019 losses by £15.3m