Now that Making Tax Digital (MTD) for VAT is in effect, it’s easier to reflect on HMRC’s digitalisation initiative with clarity.
Where before certain parts of the legislation initially appeared unclear, today we’re able to identify the exact responsibilities of both clients and accountants. Whether that’s knowing how to move your accounts online or selecting bridging software to ensure compliance, all parties now have the resources to stay on the right side of the taxman come tax return deadlines.
The Secretary of State for Business, Energy and Industrial Strategy (BEIS) Greg Clark MP announced a new enhanced regulator to transform the audit and accounting sector in response to a comprehensive Independent Review of the Financial Reporting Council (FRC) led by Sir John Kingman, the chairman of Legal & General.
Last week (27 February) AIA’s Director of Operations, David Potts, delivered a session at the Charity Finance Group (CFG) Annual Conference exploring how charities must operate under the latest money laundering regulations to remain compliant, including:
On the 26 February the world famous Café de Paris, located in the West End of London, played host to the annual PQ magazine awards. The awards now in their 16th year recognise the future generation of accountants, and the hard work they undertake in order to qualify; as well as those who educate and nurture them on their journey.
The Association of International Accountants (AIA) are working closely with UK Government to help raise the awareness of the ‘Flag It Up’ campaign aimed at accountants and other professionals in the finance, legal and property sectors.
AIA is pleased to announce its latest strategic partnership with dynamic merchant services provider, CutPay. The partnership aims to provide AIA members and their clients with preferential rates and heavily discounted card processing facilities; typically up to 40% off.