Zak Jakubowski

Zak Jakubowski is a reporter at Accountancy Daily

Insight / People in the news: Hurst, Mercer & Hole, Beever and Struthers

In this week’s accountancy career moves, partner appointments at Hurst, Mercer & Hole, partner promotion at PwC and senior audit hires at Beever and Struthers and DTE

Tax / Self assessment deadline looms

Around five million taxpayers are yet to file their tax returns before the 31 January deadline

Insight / Financial stress worst in retail

One in five businesses are financially stressed, with more than 1,000 companies in situations of acute distress

Insight / Businesses must act on climate change, says World Economic Forum

Governments must work together to pressure business to take action on climate change because ‘the longer we wait, the more painful the transitional period will be’, are the findings of the latest World Economic Forum’s Global Risks Report

Tax / Kickboxing company loses VAT dispute

Kickboxing company Premier Family Martial Arts LLP has lost a VAT dispute with HMRC, as they tried to appeal that kickboxing should be exempt from VAT because it is a form of tuition, covering a subject that is part of school education

Insight / Training to become an accountant costs £21k

Accountancy, teaching and law are the most difficult professions to access without a university degree, with the cost of becoming a professional seen as a more significant barrier than ethnicity

Insight / Trustees struck off over £320k theft of funds

Founding trustees of Jole Rider Friends have been disqualified after they paid themselves almost a quarter of funds raised by their charity

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

Accounting / MoD’s financial blunder costs taxpayer £1.35bn

The National Audit Office (NAO) has criticised the Ministry of Defence (MoD) for poor financial management of three critical infrastructure projects on its nuclear-regulated sites

Insight / Bishop Fleming signs flagship office deal

Bishop Fleming has announced plans to move its Bristol office to a new head office in the city later this year

Insight / Senior civil servant embezzled £1.7m out of MoJ

A senior civil servant has been sentenced to three and a half years in jail after he stole more than £1.7m from the Ministry of Justice

Tax / News Corp wins VAT dispute at Upper Tribunal

HMRC has lost an appeal at the Upper Tribunal over zero rated VAT on digital newspapers with the publishers of The Times arguing that digital versions of its newspapers are not a service

Insight / Hotels go bust as Airbnb thrives

Hotel insolvencies have hit a five-year high as 144 shut up shop in 2018, this is up from 90 closures the previous year

Tax / 5.4m yet to submit tax returns

The clock is ticking on 5.4m taxpayers who have less than a month to complete their self assessment tax returns by 31 January, with risks of tough penalties for anyone who has breached the high income child benefit charge (HICBC) £50k limit

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