ICAEW warns against government AML proposals
ICAEW has responded to a government consultation on plans to create a single anti-money laundering (AML) regulator.
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ICAEW has responded to a government consultation on plans to create a single anti-money laundering (AML) regulator.
Surge in UK worker confidence poses inflation challenge during skills shortage, suggesting that the post-pandemic war for talent is far from over yet.
From 1 November 2023, businesses will have to account for VAT on the full selling price of all vehicles bought in Great Britain and sold in Northern Ireland.
An ethically sound operating environment depends upon close collaboration between finance professionals and their businesses or clients. Ethics Standards Committee member Vicky Andrew shares her experiences and highlights useful resources.
Retirement can offer significant opportunities for Chartered Accountants to pursue other interests, as well as giving back to the wider finance profession. Find out how ICAEW can help you make this transition.
Our chart this week looks at the 1.5% drop in the number of VAT- and PAYE-registered businesses in the year to 31 March 2023.
The FRC has established a mutual audit qualification recognition pact with recent free trade ally New Zealand, enhancing global auditor mobility and standards.
The partnership model has long been the standard for accountancy firms, but with far-reaching challenges such as AI and staff retention looming over the profession, could PE investment be an alternative solution?
HMRC accepts that no taxable benefit arises where an employer reimburses their employee for the cost of charging a company-owned, wholly electric car that is available for private use.
Tax checks are needed before renewing certain licences on or after 2 October 2023. In Scotland this applies to licences to drive taxis and private hire cars, operate a booking office and to be a metal dealer. In Northern Ireland this applies to licences to drive taxis.
Highlights from the broader tax news for the week ending 27 September 2023, including: student loan deductions and payrolled benefits; enhancements to HMRC’s use of open banking; and changes to probate phone lines.
Generative AI presents many opportunities, but also challenges for accountants. ICAEW’s Head of Tech Policy, Esther Mallowah, provides some views on how accountants should approach generative AI and why ICAEW developed its generative AI guide.
Companies are tightening their belts as cost pressures increase but business retains optimism for the near future.
How should we strategically position our businesses in the face of climate change? That’s the essential question at the heart of climate scenario analysis.
Meaningful tax simplification requires a clear plan, focused resource, accountability, and investment, say the professional bodies.