Tax / HMRC releases contractor factsheet on IR35 rules

HMRC has updated its guidance on the extension of existing off-payroll working rules (IR35) to the private sector, scheduled for April, with a new contractor factsheet setting out the changes

Tax / One in five apprentices paid below national minimum wage

Companies hiring apprentices are failing to pay the correct hourly rate with 19% of employers not following national minimum wage rules while the number of apprenticeships has dropped dramatically since the launch of the apprenticeship levy

Insight / MHA MacIntyre Hudson merges with Keens

Top 20 firm MHA MacIntyre Hudson has finalised a deal to merge its Milton Keynes operations with Keens Shay Keens MK LLP

Insight / People in the news: KPMG, Quantuma, Jeffreys Henry

In this week’s accountancy career moves, interim CEO appointed at Chartered IIA, board director hired at PASA, KPMG announces chair for south region and promotions at Jeffreys Henry and Quantuma

Insight / PwC opens Birmingham Paradise site

As part of a major regional expansion, PwC has started moving staff into a new Midlands headquarters at One Chamberlain Square in Birmingham’s Paradise development

Insight / Bankrupt who ran payroll company disqualified

A bankrupt from Birmingham who ran a payroll company despite being banned has been disqualified for nine years

Insight / Half of levy-funded apprenticeships are ‘fake’

Half of the apprenticeships started by employers and universities since the launch of the government levy in April 2017 are ‘fake’, according to analysis by education think tank EDSK which says urgent reform is needed to ensure value for money

Insight / RSM removes top management after accounting error

Mid-tier firm audit firm RSM has been forced to overhaul its executive team following the discovery of errors in the way in which it accounted for professional liability claims provisions going back several years

Insight / People in the news: Watson Buckle, Raffingers, RSM

In this week’s accountancy career moves, new directors at Watson Buckle, hires at Mazars, Raffingers and RSM, and BDO set to recruit 600 trainees

Insight / National Living Wage set to increase from April

The National Living Wage (NLW) is set to increase by 6.2% to £8.72 in 2020

Insight / CIPFA CEO awarded CBE in New Year honours list

Robert Whiteman, chief executive, Chartered Institute of Public Finance and Accountancy (CIPFA) has been given a CBE for services to public sector financial management in the New Year honours list

Insight / Accountant dads suffer work-life crisis

As research shows that the accountancy sector is in the bottom three when it comes to granting dads improved work-life balance, Daddilife’s Joe Flanagan offers six ways employers can help their staff be better dads and happier workers

Insight / Majority of finance professionals want new job in 2020

Two thirds of finance professionals admit they are looking for new jobs and want to change roles in the new year 

Insight / Rise in regulatory reviews at financial services firms

Regulatory scrutiny of businesses is on the increase with the number of skilled person reviews launched by the FCA and PRA up 16% in a year, the first increase in four years

Insight / FCA head Andrew Bailey named Bank of England governor

Andrew Bailey, currently head of the Financial Conduct Authority (FCA) has been appointed to succeed Mark Carney as the new governor of the Bank of England