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Latest ICAEW Insights and accountancy news for May 2021

All the latest news about ICAEW and the accountancy profession.

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Insolvency: the risks of overexposure


In the UK, insolvencies are already at a 60-year high. But how widespread is the problem and will it increase? Could trigger a wave of insolvencies present a systemic risk?

Inflation: 75 years of ups and downs


What can decades of inflation data tell us about the current economic situation? ICAEW’s interactive graphic sheds light on the likely outlook.

Tax news in brief 6 July


Highlights from the broader tax news for the week ending 6 July 2022, including: L-Day; tax credit renewals; ID for government gateway; HMRC survey on forms; residence indicator tool; CHIEF closed to new importers; and an updated partial exemption toolkit.

HMRC responds to professional bodies on service standards


HMRC’s response to ICAEW and other professional bodies points to improvements made, albeit from a very low baseline. The performance dashboard is now live and confirms that there are continuing delays in dealing with correspondence.

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