News in Professional resources
-
Insolvency technical update: January
Insolvency technical update – your round-up of recent developments in insolvency.
-
Brexit: restructuring and insolvency
Brexit – restructuring and insolvency – useful links
-
RBS v Donnelly action for reduction
A look at the latest judgment, in the long-running litigation between RBS and Donnelly, concerning the reduction of the debtor’s discharge to enable RBS to set-off its liability to compensate the debtor for mis-selling PPI in the past.
-
Payroll, budgets and coronavirus
Understand why payroll software might not be ready in time for the beginning of the new tax year 2021-22.
-
SIP changes from 1 April 2021
An overview of some of the key changes being made to three Statements of Insolvency Practice (SIPs). The changes will take effect from 1 April 2021.
-
Automatic filing extension
ICAS has asked BEIS for the extension to the filing of accounts to be continued beyond the 5 April 2021 deadline.
-
Updated guidance from FRC and FCA
The FRC and FCA have issued new updated guidance for companies, auditors and users of financial statements.
-
Desert island desk?
Learn more about why it is important to speak to clients about whether they have any employees working overseas temporarily.
-
JFRC and FCA joint statement
Read about a joint statement from the FRC and FCA on the company reporting measures still available during COVID-19.
-
HMRC publishes CJRS claimants list
Learn more about HMRC’s publication of CJRS claimant listings.
-
Going Concern – IFRS Disclosure
James Barbour CA highlights education material published by the IFRS Foundation to help companies apply going concern requirements.
-
VAT and the Lennartz mechanism
The Upper Tribunal finds that supplies by a grant funded college were not non-business and it had overpaid VAT under the Lennartz mechanism.
-
New look Agent Services Account
The look of the Agent Services Account is changing. Find out how.
-
VAT digital links – are you ready?
MTD businesses need to have full VAT digital links in place for VAT return periods starting on or after 1 April 2021.
-
HMRC lifts late filing penalties
Further to ICAS’ correspondence with HMRC, late filing penalties will not be charged for those who file online by 28 February.
-
Doing politics differently
Find out about the tax recommendations made by the Citizens’ Assembly of Scotland.
-
Revised PRAG guide on going concern
Hear about the Pensions Research Accountants Group’s revised guidance on Pension scheme financial statements and going concern.
-
FRC signs MOURA with IAASA
We highlight that the FRC has agreed a Memorandum of Understanding on Reciprocal Arrangements IAASA.
-
Post-transition period guidance
The FRC has issued guidance for accounts prepared for periods that straddle the Transition Period Completion Day.
-
Post-Transition explainer videos
We highlight the post-transition video explainers that BEIS has issued, targeted at SMEs.
