Wednesday 13 March 2019, Giving immediate reaction to the Chancellor’s Spring Statement, Michael Izza, ICAEW Chief Executive, said:
2019 press releases
Press releases issued by ICAEW in 2019.
13 March 2019, The Spring Statement contained good news for business as the Government confirmed that Making Tax Digital (MTD) will not be mandated for any other taxes or businesses in 2020. From 1 April 2019, VAT registered businesses with turnover over the VAT threshold (£85,000) will be required to maintain digital accounting records and to file their VAT returns directly from MTD compliant software.
Tuesday 26 February 2019, Ever-bigger meeting papers are preventing boards from operating properly, according to ICAEW. A new report, Information overload: effective boards and committees in financial services, suggests the increasing volume of information has reached such a scale that it is undermining team work, the ability to make good decisions and prevents boards from becoming more diverse and inclusive.
If you are one of the 6%* of people who missed the self assessment deadline, complete your tax return as soon as possible to avoid your penalty increasing further. If you think your penalty is unfair, ICAEW explains the circumstances in which you might be able to query this with HMRC.
Monday 4 February 2019, It might not be the most romantic reason to propose, but getting married or entering a civil partnership could have tax benefits for you and your spouse.
Business confidence has continued to fall against a backdrop of global economic worries and weakness in the UK according to the latest ICAEW Business Confidence Monitor™ (BCM). The overall declining trend, from -12.3 in Q4 2018 to -16.4 this quarter, reflects ever-changing news on Brexit as well as general economic data.
Tuesday 22 January 2019, Commenting on the public sector finances for December 2018, published today by the ONS, Martin Wheatcroft FCA, advisor to ICAEW on public finances, said:
Friday 18 January 2019, ICAEW students beat the January blues by achieving another set of impressive results in their December 2018 ACA Professional Level exams and Level 4 Accounting Technician apprenticeship end-point assessments.
Monday 14 January 2019, Businesses continue to have the same concerns for the next twelve months as they did in 2018, according to research from ICAEW. Uncertainty about the UK relationship with the European Union (EU) remains the biggest challenge. Other expected challenges are also UK related, such as slowing UK economic growth, rising UK inflation, plus the lack of clarity on longer-term business priorities from the UK government.
Friday 11 January 2019, The way that businesses submit their VAT returns is changing. From 1 April 2019, VAT registered businesses with income over the VAT threshold (£85,000) will be required to maintain their accounting records using software and to file their VAT returns directly from that software.