In Practice archive: 2024

Here, you can find In Practice articles published in 2024, organised by month and topic

Charity sector

• Charity accounts preparation where not a going concern

Company legal matters

• Updates from Companies House

Cybersecurity

• Cybersecurity – AI and deep fakes

Employer and employee

• New employment law retains anti-discrimination rules

• New holiday rules for part year and irregular hours workers

Ethics

• Changes to the ACCA Rulebook for 2024

Financial services

• Bank dispute resolution service extends into 2024

HMRC

• An introduction to compliance professional standards

• ASA and HMRC enforcement notice

• Changes to National Insurance contributions from 6 January 2024

• Help and support for cryptoassets

• HMRC announces reduced support during December and January

• HMRC enforcement notice for tax repayment agents

• HMRC sets out consultation on new draft regulations for MTD

• HMRC successful at tribunal on denying R&D tax credit

• HMRC update for agents on outstanding correspondence

International trade

• Outsourcing overseas

Professional skills

• Digital CPD for practitioners

• Free technical webinars for practitioners

Scotland

• Draft Scottish Budget 2024/25

SME

• Three big mistakes accountants make when starting up

Taxation

• Farmers, market gardeners and averaging profits

• Is a fine tax deductible?

• Personal allowance claims for non-residents

• Record-keeping, estimates and valuations

• Self-assessment: repair or capital?

Wales

• Draft Welsh Government Budget 2024/25

Anti-money laundering and fraud

• A framework to combat identity fraud

• Anti money-laundering summit

• Warning over ‘failure to prevent fraud’

Company legal matters

• UK company law updates

Corporate reporting

• International developments in non-profit financial reporting

Cybersecurity

• General principles to establish good cybersecurity

• Top ten tips to spot a phishing attack

Employer and employee

• Government publishes draft paternity leave regulations

• New guidance for employers on holiday rules

• Revised statutory code on flexible working requests

Ethics

• Changes to the ACCA Rulebook 2024

Financial services

• British Business Bank’s free new finance guide

General business

• How was January for you?

• Taking time to improve your practice

• The three mistakes that keep you stuck in the capacity trap

Governance, risk and control

• Limiting liability to clients

HMRC

• Capital allowances for partnerships with corporate members

• Company double cab pickups classification

• HMRC announcements

Professional skills

• Coming up: CPD events

Scotland

• Supporting Scotland’s practitioners

Sustainability

• How to do sustainability right

Taxation

• Basis period changes

• Brushing up on pension contributions

• R&D scheme – key considerations for a successful claim

Company legal matters

• UK company law updates

Employer and employee

• Family leave redundancy protection extended

Governance, risk and control

• Automatic PI policy renewals

Marketing

• Why your marketing should focus on H2H, not B2B

Anti-money laundering and fraud

• Benefits of an AML annual review

Business management

• Deconstructing advisory – why it’s simpler than you think

• How to stop scope creep

• Pre-sale preparation for selling a business

Company legal matters

• Companies House: resources and updates

• How Companies House will use its new powers

• Increasing UK company size thresholds

Corporate reporting

• Carbon accounting fundamentals

• Cash basis changes in 2024

Employer and employee

• Upcoming changes to paternity leave and pay

Ethics

• Changes to the ACCA Rulebook 2024

Governance, risk and control

• PII considerations when buying or selling a practice

HMRC

• Beware of scam ‘HMRC’ telephone calls

• HMRC performance

• Starting a practice and HMRC

Professional skills

• Audit evidence: when is enough enough?

Taxation

• All you need to know about ATED

• Basis period reform changes

• CGT – common mistakes to avoid

• New tax year – the view from Sage

• Unexpected consequences of the leap year

Business management

• Are you sitting (too) comfortably?

• Deconstructing advisory

• Essential due diligence

Company legal matters

• Companies House changes for ECCTA implementation

Employer and employee

• Half of UK workers say their job stops them from keeping fit

General business

• Recent ACCA consultation responses

Governance, risk and control

• Fidelity guarantee insurance

International trade

• Checks being phased in for goods imported from the EU

• HMRC issues new guidance on border movements for goods

IT and systems

• Five AI-powered tools to help accountants

Professional skills

• ACCA monitoring requirements

Sustainability

• ‘Green lease’ toolkit updated

Taxation

• Benefit in kind rules for loans

• Check if your clients have paid enough NI to get the full state pension

• Living accommodation as a taxable benefit