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Latest ICAEW Insights and accountancy news for October 2020

All the latest news about ICAEW and the accountancy profession.

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COVID-19: HMRC clarifies JSS rules

31 October: Ahead of its planned launch HMRC released detailed guidance on how the Job Support Scheme (JSS) will work. Following the Prime Minister's statement on the evening of 31 October, HMRC has confirmed that the JSS will not launch until the furlough scheme has closed.

Chart of the week: US federal deficit

30 October 2020: The US federal government spent $3.1tn more than it received in the year to 30 September 2020, more than three times the $1.0tn deficit incurred in 2019.

ICAEW President issues Council Member call

30 October 2020: With nominations for ICAEW Council elections opening on 12 November 2020, President David Matthews has called on chartered accountants to bring their real-life experiences to the table.

AI for accountants: science fiction or fact?

30 October 2020: With artificial intelligence promising to be a gamechanger for accountancy, what’s the right approach for accountants looking to incorporate AI into the mix? Mark Blayney Stuart investigates.

ICAEW technical round-up: October 2020

30 October 2020: The top technical stories featured on ICAEW Insights this month include updates to the self-employed and Job Support schemes, as well as a raft of Brexit planning guidance and audit updates and guidance.

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