Accountancy Daily

The Accountancy Daily website, managed by Croner-i Limited, focuses on providing in-depth analysis, news, and insights related to tax, accounting, and auditing. It serves professionals in both practice and business within the accounting field.

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299k tax returns filed in week one of tax year led by dog groomer

5 days ago | accountancydaily.co | Sara White

Nearly 300,000 people filed their tax return in the first week of the new tax year, almost 10 months ahead of the 2024-25 deadlineThis will be the last year that straightforward self assessment is available as wealthier landlords, sole traders and self employed will have to report under Making Tax Digital (MTD) for Income Tax from April 2026.
People in the news: Baines Jewitt, Cooper Parry, RNIB

6 days ago | accountancydaily.co | Sara White

In this week’s career moves, partner promotions and hires at Baines Jewitt, Cooper Parry, Leonard Curtis, BTG Advisory, Opus, CIPD, Domestic & General, RNIBBaines Jewitt has promoted Jemma Hoggard and Grace Stobbs to associate directors at the Teesside firm. Hoggard has over 20 years of experience, having started in accountancy as a school leaver and then pursued AAT and ACA qualifications, before starting at the firm in 2015.
Millionaire couple wins £3.3m tax case after selling £27m mansion

1 week ago | accountancydaily.co | Will Drysdale

A couple who bought a house on Burnsall Street in Chelsea for £10m have won their appeal against paying capital gains tax on the profit as the tribunal believed it was their principal private residence (PPR)Raymond Charles Eyre and Diana Eyre bought 37 Burnsall Street in Chelsea in 2010, demolishing the whole property and building a new house on the same site.
Bishop Fleming expands Bristol operation

1 week ago | accountancydaily.co | Sara White

Independent accountancy firm Bishop Fleming takes on extra office space in Bristol to meet client demand and support collaborative working cultureThe top 40 firm has taken an additional 6,000 square feet of office space at its current site at 10 Templeback. It has added an adjacent floor of the landmark waterfront building, extending its combined lease for 10 years.
PwC not ‘clocking people in and out’

2 weeks ago | accountancydaily.co | Sara White

Big Four firm PwC claims monitoring is a vital part of the three-day office working policy when questioned by Lords committee, while ad agency WPP requires four-day attendanceAt a hearing of the Lords’ home-based working committee, Philippa O’Connor, chief people officer at PwC said the firm adopted a formal hybrid policy in January, moving from two to three days in the office. It has now started to analyse the first quarter’s data from the staff monitoring programme.
Rescue of Dumbarton Football Club falls through

2 weeks ago | accountancydaily.co | Sara White

Troubled Scottish football club Dumbarton has been delivered a blow as owner pulls out of deal to save businessAdministrators from Quantuma have confirmed that a rescue plan has fallen through at the last minute threatening the club with insolvency.
Liverpool to charge £2 visitor tax

2 weeks ago | accountancydaily.co | Sara White

The latest city to charge visitors an overnight tax is Liverpool, with a £2 nightly fee to kick in from June, set to raise £4.5m a yearLiverpool’s hotels and serviced apartments have voted to introduce a £2 overnight charge to guests overnighting in the city from 1 June 2025. The scheme was proposed by the city’s Accommodation BID. Overnight visitors to the city will face the bed tax, which will be charged the fee per occupied room or unit per night, not on an individual basis.
People in the news: A&M, DSW, Jerroms Miller

2 weeks ago | accountancydaily.co | Sara White

In this week’s career moves, partner promotions and hires at PKF Littlejohn, Johnston Carmichael, Armstrong Watson, Albert Goodman, RSM, Jerroms Miller, Alvarez & Marsal, Dow Schofield Watts, Milsted Langdon, Charity CommissionArmstrong Watson has appointed Tania Dimitrovich as tax partner to lead the tax practice in Manchester. She has more than 20 years’ corporate tax experience working with businesses on tax control frameworks and managing tax risks.
AAT offers record number of bursaries for trainees

2 weeks ago | accountancydaily.co | Sara White

The Association of Accounting Technicians has launched the AAT Bursary for 2025, with its highest ever number on offer to improve accessibility to the professionThis year’s record 50 bursaries mark a significant expansion in the AAT’s commitment to foster social mobility within the accounting profession, up from 40 in 2024. The bursaries provide comprehensive financial support to individuals from disadvantaged backgrounds who aspire to pursue a career in accounting.
Ex EY boss to set up PE backed accountancy firm

3 weeks ago | accountancydaily.co | Sara White

Two former Big Four bosses, Steve Varley, former managing partner of EY and Marissa Thomas, COO of PwC, have secured a multimillion pound private equity deal to set up a challenger accountancy firmThe practice will be called Unity Advisory and has secured over £200m in private equity backing from Warburg Pincus. This would position it as a powerful challenger firm in the UK market, with a possible ranking just outside the top 10 firms based on current players.