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Changes to minimum wage record keeping rules

The record keeping rules for employers paying the national minimum wage changed on 1 April, the same day the new pay rates came into force. The new rules extends the

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IR 35 rules to change on 6 April

From 6 April 2021, all public sector and medium or large-sized private sector employers will be responsible for deciding their worker’s employment status as the IR 35 rules change. The

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Unclaimed VAT costing UK firms 12% of revenue

Complex VAT rules are causing UK firms to lose up to 12% of their revenue, a new study by SAP Concur has found. The company commissioned a survey of 500

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ACAS conferences focus on mental health

As the vaccine roll-out programme continues, more and more companies are planning for a move back to the office. With this in mind, Acas is putting on a series of

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The future of the IAB – the Janet Jack Interview

An interview with Janet Jack the CEO of The International Association of Bookkeepers.   Listen to the Podcast of this interview here Transcript from the interview Welcome to the IAB,

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Santander to close 111 branches

In another blow to cash-based businesses, Santander has announced it is to shut 111 branches across the UK. The high street bank said the reduction in branch visits was a

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Deadline looms for self-assessment payment plans

  Self Assessment taxpayers have until Thursday 1 April to pay any outstanding tax liabilities in full or set up an online payment plan for the 2019 to 2020 financial

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Celebrating Turing

The new £50 note, featuring computer pioneer and code-breaker Alan Turing, has been unveiled by Governor of the Bank of England, Andrew Bailey. The polymer banknote will enter circulation on

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Automatic filing extensions to end on 5 April

The automatic extensions put in place as part of the government’s pandemic measures will come to an end for filing deadlines that fall after 5 April 2021, Companies House is

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Trust in the robots

Some 89% of business leaders working in finance believe robots can improve their firm’s profitability by detecting fraud, creating invoices and conducting cost/benefit analysis. A survey by Oracle also found

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

SME Brexit Support Fund opens for applications

Smaller businesses can now apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU. The £20 million SME

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International Association of Bookkeepers

Royal Mail to trial Sunday parcel deliveries

Royal Mail is to launch a Sunday parcel delivery service – but only for major retailers. A number of retail brands – including Amazon – will trial the new service

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International Association of Bookkeepers

NatWest faces criminal charges over alleged money laundering

The Financial Conduct Authority (FCA) has begun criminal proceedings against NatWest Bank over what it sees as compliance failures with the money laundering regulations. The allegations date back to 2011,

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Janet Jack CEO Blog – One year on

The vaccine programme is now well underway and we are seeing restrictions beginning to ease but it’s incredible to think that it’s almost exactly a year since life completely changed

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Survey finds markets ‘optimistic for economic prospects’

For the first time since the pandemic struck a year ago UK markets are optimistic about the country’s future economic prospects. The RSM Financial Conditions Index, based on an aggregated

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Women’s progress at work knocked back

Progress for women in work could be back at 2017 levels by the end of the year as a result of the pandemic, according to analysis conducted for PwC’s Women

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

UK overseas territories top list of world’s tax havens

British overseas territories occupy the top three places in the Tax Justice Network’s top 10 list of the world’s tax havens. The British Virgin Islands is top of the pile,

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Move to ban ‘essay mills’

The government is seeking to ban essay mills amid growing concern that unscrupulous firms are using online influencers on campus to exploit and blackmail students into using their services. To

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Time to Zoom out?

There really is such a thing as ‘Zoom fatigue’, say academics at Standford University. For many the rise of video calls has replaced classroom lectures, business meetings, conferences and even

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International Association of Bookkeepers - Bookkeeping Qualifications, Bookkeeping Study and exams

Government confirms new penalty and interest regime

Reforms to the penalty and interest regimes for VAT and income tax self assessment have been confirmed by the government. The measures will bring significant changes and will first apply

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