The FTT ruling highlights the importance of involving a competent professional when making such a claim, believes Kevin Bailey.

Three years after its last Babcock fine, PwC has admitted a fresh set of failings – this time across several areas of the defence contractor's FY2019 and FY2020 audits.

With the FRC handing out a six-figure sanction for “pervasive” failings, Matthew Ord believes the frequency of such cases will continue to remind the profession that the need for reform still lingers.

Have you found this content useful? Use the button above to save it to your profile. While a lot of the complexity of R&D tax relief can lie in the grey areas around the definition of R&D for tax ...

For accountants and advisers, preparing a technically robust claim matters, but so too does the ability to demonstrate a clear, consistent and defensible process around how that claim was prepared, ...

Ftax has been recognised by HMRC for online tax filing for over 22 years. The low cost Ftax forms... Have you found this content useful? Use the button above to save it to your profile. Companies ...

The first tier tribunal found that a taxpayer was justifiably unaware, with one exception, that its transactions were connected with VAT fraud under the Kittel principle, leading to the cancellation ...

From April 2027, taxable expenses and benefits will move into payroll, but that does not mean less complexity. In many cases, it means more pressure, more moving parts and less room for delay. This ...

With the first Making Tax Digital for Income Tax (MTD IT) reporting deadline approaching, many practices are still deciding how they will onboard clients, manage quarterly submissions, and handle ...

Receipt Bot is a robotic data entry assistant for accountants and bookkeepers. Leveraging the... Have you found this content useful? Use the button above to save it to your profile. For years, the ...

Have you found this content useful? Use the button above to save it to your profile. When bureaus consider whether to migrate to a new payroll platform, the conversation tends to focus on the costs of ...

A drinks wholesaler's claims for nearly half a million pounds in R&D tax credits have been dismissed in full at the FTT, in a decision that underlines why evidence from a competent professional is ...