Class 2 NIC

HMRC are sending payment requests for outstanding Class 2 National Insurance contributions.

Stamp duty land tax - Transfer of going concern claims

HMRC inviting claims following Robinson Family TOGC case.

Disclosure facilities and campaigns

A summary of the current HMRC campaigns and disclosure facilities that are currently running

Pension and employer benefit consultants

HMRC issue briefing relating to pension and employee benefit consultants.

Repairs and renewals

HMRC have issued Revenue and Customs Brief 05/13 Direct tax: Guidance on repairs and renewals of assets, its draft guidance on what is a repair for direct tax purposes.

IASB: Acquisition of an interest in a joint operation - proposed amendment to IFRS 11

Comments from ACCA to the International Accounting Standards Board, April 2013.

Statutory Residence Test: Overview of the legislative changes

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Four automatic UK residence tests

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Four automatic overseas residence tests

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Residence

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Sufficient ties test

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Leaving the UK

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Arriving in the UK

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Temporary periods of non-residence

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Split-year treatment

ACCA UK have produces a series of articles on residence and domicile, following the introduction of the statutory residence test from 6 April 2013.

Residence and Domicile

Visit our dedicated section on Residence and Domicile following the introduction of the statutory residence test with effect from 6 April 2013.

Research & Development Tax Relief

An overview of the tax reliefs available on expenditure on research and development

Technical factsheet 179: guidance on pension scheme trustees duties and responsibilities

Guidance on pension scheme trustees duties and responsibilities

PCAOB rulemaking docket matter No. 40: proposed framework for reorganisation of PCAOB auditing standards

Comments from ACCA to the Public Company Accounting Oversight Board, May 2013.

IAASB: A framework for audit quality

Comments from ACCA to the International Auditing and Assurance Standards Board (IAASB), May 2013.

Data protection - current position and future changes

An update on current data protection legislation and future development

Back to basics: loan interest relief

A look at the rules relating to tax relief on loan interest.

VAT: European changes

A summary of the latest changes to VAT across Europe.

Above-the-line credit

Budget 2013 announced the introduction of an above-the-line credit for research and development (R&D) expenditure incurred by large companies on or after 1 April 2013.

VAT consultations: a roundup

Details of VAT updates.

General anti-abuse rule

After much speculation a general anti-avoidance rule – the General Anti-Abuse Rule (GAAR) – has emerged within the Finance Bill 2013

Changes to class 2 and class 4 NICs

Sleeping and inactive partners will be affected by changes introduced by HMRC this month.

Technology trends: their impact on the global accountancy profession

This paper presents propositions which are based on available, established and emerging technologies, and the ways in which they could potentially impact on the profession over the next five to 10 years and beyond.

FSA: high-level proposals for an FCA regime for consumer credit

Comments from ACCA to the Financial Services Authority, April 2013.

BIS: A new approach to financial regulation

Comments from ACCA to the Department for Business Innovation & Skills, April 2013.

The accountability mechanisms and needs of external charity stakeholders

ACCA research report 132, by C. Connolly, A. Dhanani and Noel Hyndman.

The 40th anniversary of VAT in the UK

Chas Roy-Chowdhury, May 2013. This paper provides a high-level review of the first 40 years of VAT in the UK, its context in the European Union and its future prospects. We see in the paper the general trend towards governments using VAT to a much greater extent as a significant revenue raiser and the increasing pressures to broaden the VAT base by reducing exemptions and zero rates.

Hedging FX risk: taking stock of the challenge for mid-caps and SMEs

The first output from ACCA's 2013 Trade Finance project is a research report produced in association with Kantox FX.

FRC: Implementing the recommendations of the Sharman Panel

Comments from ACCA to the Financial Reporting Council (FRC), 30 April 2013. A consultation on the revised Guidance on Going Concern and revised International Standards on Auditing (UK and Ireland) issued for comment by the Financial Reporting Council.

FRC: Revision to ISA (UK and Ireland) 700, requiring the auditor’s report to address risks of material misstatement, materiality and a summary of the audit scope

Comments from ACCA to the Financial Reporting Council (FRC), 30 April 2013.

Key health challenges in Ghana

Sharon Cannaby, April 2013. This report provides an oversight into some of the key issues facing the health sector in Ghana and describes the role professionally qualified accountants can play in achieving the country’s health goals.

Key health challenges for Zambia

Sharon Cannaby, April 2013. This paper provides an oversight into some of the key issues facing the health sector in Zambia and describes the role professionally qualified accountants can play in delivering the country’s health agenda.

Finance Bill 2013

A look at some of the highlights of the 2013 Finance Bill

Talent and retention in Thai audit practices

This talent attraction and retention survey covers the Big Four accounting firms and four other medium-sized accounting firms (‘mid-tier’ firms) in Thailand. The report flags out material variances between different categories of respondents for further discussion and provides insights to the key attraction/ retention and push factors affecting the professional staff as well as highlight areas for improvement.

Disadvantaged Area Relief (DAR)

Information on claims following abolition of Disadvantaged Area Relief (DAR)

Plant & Machinery: Comment on Fixtures

HMRC guidance on Plant and Machinery Allowances for secondhand fixtures

Taxable commission

HMRC have issued Revenue and Customs Brief 04/13 Payments of trail commission.

IASB: Sale or acquisition of assets between an investor and its associate or joint venture – proposed amendments to IFRS 10 and IAS 28

Comments from ACCA to the International Accounting Standards Board, April 2013.

HMRC Agent Account Manager service

HMRC has set up a team of Agent Account Managers (AAMs) to assist agents and advisers to deal with HMRC more easily and effectively

HMRC Isle of Man disclosure facility

Details of the recently agreed Isle of Man disclosure facility

Bad debts

HMRC have revised VAT Notice 700/18: Relief from VAT on bad debts.

Charities online

From 22 April 2013, charities and Community Amateur Sports Clubs (CASCs) will be required to use HMRC’s charities online service to obtain repayment of gift aid.

Alternative dispute resolution (ADR) becomes permanent

ACCA| HMRC Alternative dispute resolution services becomes permanent from 2013/14.

Talent and capability in global finance functions

This report uses detailed case studies to present insights from leading organisations on the challenges, solutions and opportunities for talent management in today’s global finance function.

IASB: Equity method, share of other net asset changes - proposed amendments to IAS 28

Exposure Draft ED/2012/3, issued by the International Accounting Standards Board (IASB). Comments from ACCA to the International Accounting Standards Board, 19 March 2013.