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2017 press releases

Press releases issued by ICAEW in 2017.

Thousands of personal finance director roles available across the UK

Monday 13 November, ICAEW is launching it’s Personal Financial Planning Community and Lifetime Wealth Planning Guide on 13th December to encourage ICAEW Chartered Accountants to play a wider role as ‘personal finance director’ to help SME owners/managers and their families better manage their personal financial and investment affairs, transferring valuable skills and positions of trust to provide much needed lifetime wealth planning.

ICAEW response to OTS report on VAT

Tuesday 7 November 2017, Commenting on the report from the Office of Tax Simplification (OTS) which makes a number of recommendations on VAT, Frank Haskew, Head of ICAEW Tax Faculty, said:

Business profits set to grow despite lack of confidence, says ICAEW

Monday 6 November 2017, While UK plc is struggling to find confidence, there are some reasons to be cheerful, according to the latest ICAEW Business Confidence Monitor™ (BCM). Companies have seen improvements in profit growth, capital investment and sales volumes and are expecting continuing growth in 2018.

Increased personal bankruptcies will trigger a rise in business insolvencies

Friday 27 October 2017, Today’s insolvency statistics show that whilst businesses are clinging on to solvency at a slightly improved rate compared to the previous quarter, individuals are increasingly declaring themselves bankrupt as they fail to cope with growing financial credit pressures of day to day living - a factor that ICAEW believes marks the start of a growing landslide of business insolvencies in the near future, as the impact of written-off consumer debt hits.

Businesses need to prepare for interest rate rise

Wednesday 25 October 2017, As speculation grows that the Bank of England Policy Committee (MPC) will increase interest rates at its next meeting in November, ICAEW is advising businesses to be prepared following over 8 years of historically low rates of 0.5% and, since the Brexit vote, 0.25%.

ICAEW warns on the reality of Brexit

Monday 23 October 2017, Ahead of an address by Rt Hon Sir Keir Starmer MP, Shadow Secretary of State for Exiting the EU, at ICAEW today, Michael Izza, ICAEW Chief Executive has warned about the reality of Brexit on the accountancy profession.

Taxpayers: don't be spooked this Halloween

Wednesday 18 October 2017, The 31 October deadline to submit your paper self assessment return is approaching and ICAEW is reminding everyone to face their demons and avoid a nightmare by finding out what you need to do ahead of the Halloween deadline.

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