2013

[22/045/2013] HMRC now considers that Sleeping and inactive Limited Partners are-and have in the past been-liable to pay Class 2 National Insurance contributions (NICs) as self employed earners and Class 4 NICs in respect of their taxable profits.

[18/02/2013] SOCA have issued guidance on submission of a Suspicious Activity Report (SAR) and the process of obtaining ‘consent’. This replaces all previous similar guidance issued by SOCA, including the Top Ten Tips documents. MLRO’s should add these documents to their libraries.

[08/05/2013] Eight reasons why email marketing can be effective for your practice.

[28/03/2013] HMRC have produced new and comprehensive guidance on RTI. Access it here.

[27/02/2013] ACCA have now produced a new engagement letter for PAYE real time information (RTI). Visit here to see the full text. Changes to the original letter are shown in bold and italics. You may now copy and paste the text of this article for your use.

[08/05/2013] A review of ACCA’s regulatory and disciplinary procedures has recommended two significant changes.

[22 April 2013] |ACCA| IFAC SME Guidance| Ifac have produced a good practice management guide aimed at SMPs.

[28/02/2013] NEST is a new pension scheme set up by Government that can be used by any employer to meet their workplace duties regarding making pension contributions for their workers. Find out more here.

[11/03/2013] The accountancy profefssion loses its battle for professional privilege in respect of advice given to clients.

[20/05/2013] An update on current data protection legislation and future development.

[20/03/2013] The British Banking Association (BBA) and the banks have produced guidance on their funding approach.

[21/03/2013] A look at the growth voucher scheme announced in the 2013 Budget.

[28/03/2013] Plans were announced in the 2013 budget to introduce a cash accounting regime for small unincorporated businesses. Practitioners planning to offer this service to their clients will need to consider revising the letter of engagement.

[05/03/2012] SOCA have issued new guidance on the submission of suspicious activity reports and the process of obtaining "consent".

[04/02/2013] An overview of the main changes to ACCA’s bye-laws, regulations and Code of Ethics and Conduct, as published in the ACCA Rulebook, taking effect from 1 January 2013.

[21/01/2013] A guide to the proposed tightening of data protection rules.

[21/05/2013] Following the Nuttall review, there have been changes to Companies act 2006 regarding company buy-back of own shares.

[08/05/2013] Heather Townsend shares six ways for busy accountants to consistently make time for their network.

[08/05/2013] Is your firm prepared to provide continuity of practice arrangements? Sign up now to highlight this to other ACCA firms.

[21/03/2013] A look at preparing a good business plan.

[26/04/2013] A report has been issued by Financial Intelligence Unit in collaboration with HM Treasury, The Home Office and the Financial Services Authority, which aims to raise awareness on financial sanctions, specifically in relation to the Arab Spring.

[24/04/2013] The ACCA suite of Employment Law factsheets have been updated to reflect recent case law.

[24/01/2013] RTI deadlines are approaching, with employers and pension providers being required to provide information under RTI commencing in the period April to October 2013.

[25/04/2013] Alternative sources of finance such as crowdfunding offer hope to the UK’s cash-strapped SMEs, but there are risks for investors, as a recent ACCA event explored.

[21/03/2013] A look at access to finance in light of the 2013 Budget.

[18/02/2013] Professional privilege not to extend to accountants following Prudential case.

[04/02/2013] The government’s new Business Finance Advice Scheme is signing up accountants now. Find out why you should get involved.

[16/01/2013] The Pensions Regulator has identified seven steps that employers should follow as they prepare for automatic enrolment.

[21/02/2013] A well drafted engagement letter is a crucial tool for all professionals in establishing the scope of their services and – if things go wrong – the extent of their liability to their clients.

[04/02/2013] HMRC intends to introduce new online services for agents from March 2015.

[18/02/2013] IFAC have produced a guide aimed at small and medium-sized practices.

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