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Practicewire news

The latest issues concerning practices and sole practitioners.

The jack of all trades accountant

The digital world is driving fundamental change in how we work across all business sectors, and accounting is no exception. Certainly, compliance and bookkeeping remain the focus, but technological efficiencies have prompted a new way of working and the opportunity to offer a new set of services to clients.

Automatic enrolment Are your clients thinking of employing temporary or seasonal staff

Automatic enrolment duties will apply to your clients even if they employ just one person. As part of their ongoing duties, employers need to continually assess existing and new staff to work out who to put into a workplace pension scheme. It’s important for employers to be aware that this applies to all staff, including short term, seasonal, and temporary staff.

Cyber and data protection for your business

The importance of protecting personal data and staying secure online are ideas that we can all get behind. Wanting to have some control over what people know about us, or say about us, isn’t a new idea. What is new, are the methods by which information can be shared and obtained.

The future professional

The future of the profession has been a hot topic of conversation for a number of years now, but whatever the profession might look like in the future, we can be sure that it will be shaped by today’s practitioners. It’s for this reason that the theme of this year’s annual practice conference is the future professional.

Debunking derisking

ICAEW Risk and Regulation Manager John Mongelard outlines some of the reasons why banks are closing accounts for small businesses, and what you can do about it.

New anti-money laundering rules for pension trustees

Trustees of occupational pension schemes need to ensure they comply with new anti-money laundering rules. Most are easy to follow and apply immediately, but a new HMRC reporting duty, applying from 31 January 2018, could be more challenging.

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