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2017 press releases

Press releases issued by ICAEW in 2017.

ICAEW Business Advice Service launches free support app

Monday 15 May 2017, Recognising its greatest strength is in its members and community, ICAEW’s Business Advice Service (BAS) has launched a mobile app to help its advocates share business content on Twitter, LinkedIn and Facebook.

ICAEW: FRC right to move swiftly on directors' loans

Monday 8 May 2017, Today, in an exceptional move, the FRC has announced that one of its current proposals for reforming UK GAAP, an optional exemption for small companies, will be made available with immediate effect. Commenting on the decision, Dr Nigel Sleigh-Johnson, Head of ICAEW’s Financial Reporting Faculty, said:

ICAEW looks ahead to a world of strong economies

Friday 5 May 2017, ICAEW has published its annual review and financial statements for 2016, a year which has seen the organisation finalise its 10-year strategy and its vision of a world of strong economies.

ICAEW celebrates top future talent

Thursday 20 April 2017, The world’s top-scoring chartered accountancy students were hailed as the ‘future of the accounting profession’ in an awards ceremony at Chartered Accountants’ Hall in London on 20 April.

Businesses see prices increase but not all are willing to absorb rising costs

Tuesday 18 April 2017, around half of businesses (53%) have seen input prices increase over the past year but of those that have, less than half are willing to absorb the costs with 54% planning to offset the rise. Most will be passing the cost rise onto customers or finding cheaper suppliers according to new ICAEW research. Reducing wages and planned investment are among the least popular options to offset the increases.

Mayday! Late returns could cost taxpayers £1,000

Tuesday 18 April 2017, Taxpayers who missed the January deadline to submit their self assessment tax returns for 2015/16 have until 30 April 2017 to file their forms to HMRC or face additional daily fines. Last year, 870,000 missed the 31 January deadline and their immediate fines earned HMRC £87m – the equivalent of 73.1 million packets of HobNobs.

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