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Latest ICAEW Insights and accountancy news

All the latest news about ICAEW and the accountancy profession.

Don't miss out on our daily summary of what's happening in the world of accountancy. If you are a member you can change your contact preferences so it is delivered daily to your mailbox.

Fraud is at the heart of audit reform


Chartered accountants have an opportunity to respond to the package of reforms relating to fraud, as recommended by the Brydon Review. What do you think of the government’s proposals?

Bounce Back Loans: getting ready to repay


Businesses are being contacted by their banks about repayment of Bounce Back Loans. If repayments are not affordable, businesses should consider their options and take action.

Chart of the week: G7 economies


Our chart this week illustrates how in representing more than half of the world economy, decisions taken by the G7 can have a significant impact on the entire planet.

Tax news in brief


Highlights from the broader tax news week ending 5 May, which includes HMRC publishing guidance on working through an umbrella company and updating guidance accompanying its CEST tool.

Everything you need to know about CJRS final calculations


ICAEW’s Tax Faculty is urging employers and agents to attend a free webinar on 7 May outlining how to calculate grant entitlement under the final phase of the Coronavirus Job Retention Scheme, rather than risk under or overclaiming.

HM Treasury consults on new residential property developer tax


As part of a £5bn cladding remediation package following the Grenfell Tower disaster, the government is proposing a new residential property developer tax. Likely to be introduced in 2022, the tax aims to raise at least £2bn over 10 years and would apply to developers with annual profits in excess of £25m.

Hybrid working: how firms can beat the team productivity dip


With many businesses considering a longer-term shift to hybrid working, new research has flagged the risk of making home-workers into ‘second-class citizens’. So how can you boost team productivity in the new office environment?

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