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2017 press releases

Press releases issued by ICAEW in 2017.

ICAEW takes next steps following review of legal services

Thursday 29 June 2017, Commenting on recommendations made by the Competition and Markets Authority (CMA) on its Legal Services Market Study, Duncan Wiggetts, ICAEW’s Executive Director of Professional Standards, has commented.

Remember rent a room results in £7.5k tax free

Wednesday 28 June 2017, With Wimbledon fortnight shortly upon us, ICAEW reminds everyone it’s an ace opportunity for a tax free winner. Under the government’s Rent a Room scheme, your annual score could be £7,500 to love.

ICAEW recommended to become a regulator of further reserved legal services

Monday 26 June 2017, Commenting on the Legal Services Board (LSB) decision to recommend to the Lord Chancellor that ICAEW’s application to be a regulator and licensing authority of five reserved legal activities be approved, Duncan Wiggetts, ICAEW’s Executive Director of Professional Standards, said:

ICAEW: Do digital experts hold the key to solving the corporate reporting conundrum?

Monday 12 June 2017, Corporate reporting needs to take advantage of new technologies, according to ICAEW. In its report What next for corporate reporting: time to decide?, released today, the accountancy and finance body says that it’s time for policy makers to take a decision on how best to use IT to satisfy increasing demands for information.

Charities should invest in leadership and infrastructure say auditors

Thursday 1 June 2017, Charities need to invest in themselves to maximise their positive impact on beneficiaries, say auditors. In ICAEW’s report, Audit Insights: charities - positive impacts in challenging times, auditors want charities to counter the belief that more can be done with less. The report highlights that performance should not be based on cost reduction, but rather on a charity’s outcomes and impact.

Jaffa Cake - is it a cake or biscuit? VAT's the difference

Wednesday 24 May 2017, National Biscuit Day which falls on 29 May is the perfect opportunity to question how the complexity of the tax code really does take the biscuit. ICAEW explains some of the illogical and complex VAT rules on its favourite biscuits.

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