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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Banned director given additional 14-year disqualification

6 days ago | accountancydaily.co | Pat Sweet

A director of a London based construction company, who was previously disqualified, has been banned for 14 years after continuing to run the company, along with his mother who has been given an eight-year banRobert Murphy was disqualified from acting as a director for a period of four years from September 2011, but an investigation by the Insolvency Service discovered that despite resigning as a director of Silverview Developments Ltd, his role within the company did not change.
Downing Street publishes PM’s 2024 tax return

1 week ago | accountancydaily.co | Will Drysdale

The Prime Minister paid over 35% in income tax in the 2024 tax year, while his deputy paid an effective rate of 25%Downing Street has published a summary of Keir Starmer, Rachel Reeves and Angela Rayner which details the salaries of each of the Labour Party members, and any additional income.
S&W relocates Harrogate office

1 week ago | accountancydaily.co | Sara White

S&W, the former accountancy arm of Evelyn Partners, has hit the ground running under new ownership with the Harrogate team already moving to brand new officesThe top six firm has relocated its Harrogate office to larger premises in the centre of the town, based in Copthall Bridge House, a very modern serviced office building, situated less than five minutes’ walk from Harrogate train station.
Barbershops raided in joint NCA HMRC raid

2 weeks ago | accountancydaily.co | Sara White

Hundreds of barbers, vape shops and nail bars have been raided by officers from the National Crime Agency, HMRC and the police in a joint crackdownBarbershops and other cash-intensive businesses across England and Wales were targeted by police and other law enforcement officers during a three-week crackdown on high street crime, money laundering and hiring of illegal workers.
Haines Watts Leicester stresses still part of HW group

2 weeks ago | accountancydaily.co | Sara White

Following the sale of some Midlands office of Haines Watts to a private equity backed group, the Leicester HW office has stressed that it is still part of the group and was not affected by recent regional divestmentsHaines Watts Leicester has issued a statement reaffirming its independence and commitment to the Haines Watts brand after the sale of the HW audit business in Leicester to TC Group as part of a private equity backed deal.
People in the news: S&W, Bishop Fleming, HaysMac

3 weeks ago | accountancydaily.co | Sara White

In this week’s career moves, partner promotions and hires at Gerald Edelman, Armstrong Watson, Jerroms, RSM, Cooper Parry, Wilson Wright, PKF Francis Clark, Switalskis Solicitors, ReconomyS&W, formerly part of Evelyn Group, has appointed Tom Norrie as a partner in its real estate audit team based in London. He has more than 20 years’ experience specialising in the real estate and asset management sectors.
Alison Duncan to become chair of EY

3 weeks ago | accountancydaily.co | Sara White

EY has named Alison Duncan as next UK chair, subject to a partner vote, putting the top leadership in the hands of two highly respected and influential womenDuncan will take over from Hywel Ball who is standing down later this year and retiring from the Big Four firm after four decades, marking a split in the governance of the firm with a separate chair and managing partner.
‘Cocktail of risks’ despite drop to 2.8% inflation

4 weeks ago | accountancydaily.co | Will Drysdale

Inflation has fallen from 3% to 2.8% for February but big price rises are baked in for April meaning any relief will be short lived and half the data was not analysed yetThe unexpected fall could give Rachel Reeves a modicum of comfort as she faces her first Spring Statement speech and was just below economists’ predictions. New predictions from the Office for Budget Responsibility (OBR) show inflation will hit a peak of 3.8% in July, then not returning to the 2% target until at least Q2 of 2026.
Spring Statement: high income child benefit via PAYE from August

1 month ago | accountancydaily.co | Will Drysdale

Taxpayers facing the high income child benefit charge will no longer have to do a tax return from this summer as HICBC will be deductible through PAYE earningsFrom August 2025, employed individuals earning over £60,000 and falling under high income child benefit charge (HICBC) will be able to report their family’s child benefit payments through a new HMRC online service.
Menzies makes statement with London office opening

1 month ago | accountancydaily.co | Sara White

Menzies LLP has made a major move to a new flagship London office, relocating its headquarters from Woking after 50 yearsThe new office at 95 Gresham Steet is in the heart of the City near the Bank of England and was acquired to accommodate an uptake of almost 100 new starters, and to support the firm’s increasingly global client base. Menzies remains privately owned and has grown significantly through organic growth since 2020.