Advisers targeted by HMRC in VAT clampdown
Financial advisers are among the small and medium size businesses being "aggressively" targeted by HMRC for VAT payments, contributing to a 10% jump in VAT taken from SMEs in the last year, according to a national accountancy group.
UHY Hacker Young Group claimed HMRC has become increasingly aggressive in challenging the VAT arrangements of small businesses, including advisers, targeting them to "challenge long-accepted VAT arrangements"...
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Major tech changes more likely to cause incidents - FCA
Major technology changes lead to more incidents than lesser ones within financial services firms, research by the Financial Conduct Authority (FCA) has found, and the regulator said while effective risk management is an important component to success....
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Plus online scams
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2020 full year results
