The accounting sector received a blow today with the news that the government is axing funding for level 7 apprenticeship schemes for people over 22 in England. This has left some in the profession ...

Say an intangible asset has an indefinite useful life but accounting standards state an annual impairment review needs to be done. On Xero you can register assets in the fixed asset module with no ...

Probably an easy answer, a corporate client (holding company of a trading group) has sold a 100% subsidiary (a trading company) and the relevant holding periods are fine. Happy that the SSE exemption ...

An individual who guaranteed a lessee's obligations under a lease of land has died. Can the landlord proceed against the guarantor's estate (effectively the widow) in respect of breaches of lease ...

To avoid the aforementioned uncertainty of the timing of the tax point creation it seems to be commonplace to use an "Application for Payment" which is essentially a request to pay rent in accordance ...

There’s a conversation happening in boardrooms and partners’ meetings across the UK accounting sector. It goes something like this: “We know we ...

This is not intended as merely another of my rants/digs at MTD IT ... it has a serious point. Irrespective of what many think about its incompleteness, and specific areas of unanswered questions, ...

Widow died 30 April 2024 (2024/25) leaving complicated estate of £4 million to two  daughters absolutely. The daughters were also executrices, and ...

For many UK accountants, finding resources to deliver effective and cost-efficient bookkeeping services can be challenging. Clients have little ...

Have you found this content useful? Use the button above to save it to your profile. As the current crisis unfolds, many businesses are looking at solutions that will help them prepare for the coming ...

Great British Summer Savings promises cheaper days out, but Emma Rawson of the ATT cautions the scheme adds yet more complexity to an already tangled tax.

With the recent UHY merger pushing revenue past the £100m mark, Affinia is well on its way to a growth “hat-trick.” Affinia’s executive team tells AccountingWEB about its ‘purpose-led’ strategy and ...