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UK launches Recovery Loan Scheme as lockdown restrictions continue to lift

Business loans for up to £10 million under the scheme, which is open until 31 December, have an 80% government backing.

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Risk governance: Pandemic recovery tips for boards

What boards of directors can do to update their oversight of risk management to match the brave new world of pandemic recovery.

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FRC issues advice to improve companies’ ‘comply or explain’ reporting

The UK’s Financial Reporting Council issued advice for companies on how to report transparently and effectively when departing from parts of the UK Corporate...

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IASB issues amendments to IFRS relating to policy disclosures, estimates

The board has set out amendments to IAS 1, IAS 8, and IFRS Practice Statement 2.

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Chancellor extends furlough scheme, increases corporation tax in UK Budget

The UK’s chancellor of the exchequer set out measures that included extending the government’s furlough scheme until the end of September, changes to corporation tax,...

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Around the world, COVID-19 prompts new look at company taxes

Countries’ efforts to lower corporate taxation have seen the average headline rate fall nine percentage points since 2000.

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Best hedge against uncertainty is people, management guru says

By installing the right people in the right jobs, high-calibre leaders with a solid focus on their company’s underlying strengths can drive their businesses through...

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Finance leaders share their plans to leave the pandemic behind

Finance leaders from different industries and geographies share lessons learned during the pandemic and aspirations for 2021 and beyond.

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Automation to drive big shifts in corporate reporting

A smarter and more automated operating model for corporate reporting is on the horizon, according to results of a new EY survey.

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UK prepares for off-payroll working rules

Medium and large UK employers must assess whether their contractors are employees for tax purposes under rules that apply from 6 April.

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Brexit: Tax and other challenges facing business

Businesses must adjust to new tax, customs, and other rules now that the UK has left the EU.

Article Tax accounting Advanced

Top red flags for illicit seafood in supply chains

Spotting them can help your company avoid fines and reputational damage.

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