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Latest ICAEW Insights and accountancy news for May 2021

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.

Tax checks for licence renewals expanding to Scotland and NI


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.

Tax news in brief 27 September 2023


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.

ICAEW guide: generative AI’s role in accounting


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.

007 money laundering and economic crime template


Focus must shift to prevention, PAC warns, after the body responsible for overseeing government expenditure calls for action to tackle currently untracked fraud and error losses of potentially tens of billions of pounds a year.

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