2010

Guide to... salary or dividends: tax calculations

We explain the basics in deciding between paying yourself salary or awarding dividends from your limited company for the tax year

Guide to... capital gains tax for individuals, sole traders and partnerships

Personal and business capital gains are treated differently, depending on whether you are self-employed (as a sole trader or in a partnership) or trade as a limited company

Guide to... chargeable gains for companies

Capital gains for limited companies and unincorporated associations (eg clubs and co-operatives) are dealt with through corporation tax and are referred to as chargeable gains

ACCA's response to the EC's consultation on Sustainable Corporate Governance

ACCA welcomes the opportunity to contribute to the EC consultation on a Proposal for an Initiative on Sustainable Corporate Governance, and foremost agrees that sustainability needs to be further embedded into corporate governance frameworks. Covid-19 has forced companies to re-think their purpose and strategy for the long-term and now is a better time than ever to introduce more effective measures to make sure this happens, otherwise businesses will not be able to survive, thrive and make better impacts on people, the environment and society at large. As we have noted before, sustainable corporate governance is not only about compliance it is also about creating value and building a viable recovery.

FRC's Discussion Paper - Future of Corporate Reporting

ACCA welcomes the opportunity to provide views in response to the Financial Reporting Council’s discussion paper, A Matter of Principles: The Future of Corporate Reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

Interim guidance on the CJRS

This guidance will help you comply with obligations under Professional Conduct in Relation to Taxation

ACCA guide to... apprenticeship funding

Apprenticeships are a highly cost-effective way for employers to recruit and develop ambitious new talent to help realise business ambitions

Technical factsheet: apprenticeships in the finance function

Apprenticeships are a highly cost-effective way for you to recruit and develop ambitious new talent to help you

FRC Proposed International Standard on Auditing (UK) 240 (Revised 2021)

ACCA welcomes the proposed International Standard on Auditing (UK) 240 (Revised 2021), The Auditor’s responsibilities Relating to Fraud in Audit of Financial Statements, as part of the FRC’s response to the concerns regarding the lack of clarity in the standard as to the auditor’s obligations raised particularly in the Brydon’s report.

Consultation response on Draft Endorsement Advice on IFRS 17 Insurance Contracts - June 2020 Amendments

ACCA's response to EFRAG's consultation on Draft Endorsement Advice on IFRS 17 Insurance Contracts as resulting from June 2020 Amendments

Effective engagement letters

A robust document will help protect your practice from legal action as well as delivering business benefits

Isle of Man Financial Services Authority Discussion Paper - Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

ACCA’s response to the Isle of Man Financial Services Authority discussion paper on Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

Isle of Man Financial Services Authority Discussion Paper - Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

ACCA’s response to the Isle of Man Financial Services Authority discussion paper on Funding Financial Regulation and Designated Business Oversight - DP20-01/T14

Guide to... FAQs about expenses to claim when running a business from home

Find out what you can and cannot claim for – from utilities to maintenance costs

Guide to... tax inspections and how to avoid them

when it comes to mistakes, ignorance is no defence, so firms have to take every care when completing their returns and ensure that they are on time – in other words, don’t give HMRC any cause for concern.

Guide to... what to do when you lose your tax records

Unforeseen circumstances – such as a fire or flood in your premises – could mean you lose your tax and accounting records. In this guide, we explore what to do if you lose financial records and what help you can expect from HMRC.

Value Added Tax – Middle East Lessons Learnt

The Middle Eastern countries of the Gulf Cooperation Council (GCC) have relied upon petrodollars to fund their economies for many years. Investment in mega infrastructure projects to transform their countries into economic hubs, diversifying their economies to centres of trade, commerce, hospitality and tourism have all financed heavily from oil revenues.

Brexit impact on recognition of professional qualifications

Find out more about how you may be affected

ACCA’s Public Sector Roundtables: Continuing Two Important Conversations with the Experts

As part of the 10th-annual Virtual Public Sector Conference (VPSC), ACCA’s Public Sector Team convened two roundtables to continue conversations from our VPSC with a number of expert participants.

Policy submission: concern over tax compliance and filing deadlines

In December 2020 ACCA wrote to HMRC about members' concerns over the approaching self-assessment filing deadline.

IASB's Business Combinations — Disclosures, Goodwill and Impairment consultation

ACCA welcomes the opportunity to provide views in response to the IASB’s discussion paper on business combinations. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

IFRS Foundation - Consultation on Sustainability Reporting

ACCA welcomes the opportunity to provide views in response to the IFRS Foundation’s consultation paper on sustainability reporting. This has been done with the assistance of members of ACCA’s Global Forum for Corporate Reporting.

ACCA guide to... Post-Brexit UK border controls

Read our overview of the phased approach to the new Border Operating Model

ACCA's feedback to Isle of Man FSA 2021/22 proposed fees consultation

ACCA welcomes the opportunity to provide feedback on the proposed fees for 2021-2022. We represent ACCA members and firms of accountants registered with the Authority to provide financial services in the Isle of Man (IOM). Our response to this consultation is informed by members’ input obtained from the ACCA Members’ Network in the IOM.

Technical factsheet: visiting the UK or EU after the transition period

This technical factsheet offers a guide to the major changes including around passports, visas, right to work, health insurance and driving

Technical factsheet: freedom of movement to live and work in the EU or UK after the transition period

On 31 December 2020, the transition period between the UK and EU formally closes and freedom of movement to live and work between the EU, EAA, Swiss and UK states will change.

Technical factsheet: freedom of movement to study in the UK or EU after the transition period

After 31 December 2020, the rules for UK students at EU institutions and vice versa change

Technical factsheet: ATOL reporting to the Civil Aviation Authority

ATOL reporting accountants must fulfil the CAA's requirements

'Accounting for human capital' webinar

As the European Commission is preparing its renewed sustainable finance strategy, including the revision of the Non-Financial Reporting Directive, ACCA and the Adecco Group are delighted to invite you to a Chatham House rule interactive webinar to brainstorm on 'Accounting for human capital'.

ACCA joins call to action: Supporting SMEs' access to COVID-19 support funding via professional advice

ACCA joins call to action: Supporting SMEs' access to COVID-19 support funding via professional advice

Ten common tax elections and claims

We look at some of the more common elections and claims that are useful tax planning or compliance tools

Technical factsheet: business recovery options

This factsheet explores the recovery work you can undertake with your clients, and provides guidance on when you would need to consider other options in light of the new Corporate Insolvency and Governance Act 2020.

Certainty in tax

First published in 2014, this report examines certainty which, along with simplicity and stability, is one of the cornerstones of a good tax system: but why is it important? How can policymakers encourage certainty? Are there occasions when an uncertain outcome might be unavoidable, or even justified?

Anti-money laundering guidance

The CCAB releases updated guidance for the accountancy sector

Consultation submissions

ACCA responds to a range of consultations, as well as approaching government and regulatory bodies, on behalf of members

Policy activity update

ACCA’s Policy team is working to develop recommendations and lobby for government policy to support members and the businesses they advise.

EFRAG's Mandate on Non-Financial Reporting Standard Setting

ACCA is pleased to contribute our views to assist Mr Gauzès with the mandate to consider the changes in its governance and finance that might be needed if EFRAG took on the role of setting non-financial reporting (NFR) standards for Europe. We have done so using the questions raised in the Annexe to Mr Gauzès letter.

Technical factsheet: VAT issues with online trading

Identifying the customer and the delivery address is crucial to determine the correct treatment

Off-payroll working rules

Read ACCA's response to HMRC's consultation, submitted in July 2019

Corporate transparency and register reform

ACCA made a submission to a consultation by the Department for Business, Energy and Industrial Strategy

Reform to Prompt Payment Code

ACCA submitted a response to the Consultation on reform to the Prompt Payment Code to the Department for Business, Energy and Industrial Strategy on 16 October 2020

HMRC Charter

The HMRC Charter sets out the standard of behaviour and values that HMRC aspires to when interacting with customers. ACCA responded to the consultation, which closed on 15 August 2020

Comprehensive Spending Review 2020

Following the government’s announcement that the multi-year spending review would be postponed in favour of a one-year review period, ACCA will be resubmitting evidence to the Treasury

Raising standards in the tax advice market

ACCA responded to HMRC's call for evidence in August 2020

Ethics in a Covid-19 world

This white paper – developed as part of our global focus on rethinking business for a sustainable recovery – explores what ethics now means in a Covid-19 world, looking at the key areas of challenges that organisations are experiencing.

Technical factsheet: accounting for Covid-19 grants and reliefs

This technical factsheet, which was updated in October 2020, aims to address the accounting aspects of some of the grants and reliefs made available by the government due to Covid-19

Why does sustainable business matter?

IN one of Jason Piper's Global Ethics Day 2020 articles, he examines why sustainable businesses will inevitably be at the core of recovery from the economic impact of Covid-19.

Tenets of business law: A framework for the future

In one of his Global Ethics Day 2020 articles, Jason Piper examines why business law needs to encourage ethical behaviour to help build better Covid-19 recovery.

Webinar - Small in size, big in impact: Can NFI work for SMEs?

SMEs are increasingly required to provide NFI reports, which is a heavy administrative burden, even though these are not (yet) demanded by legislation. These NFI reporting requests come from their supply chains, banks or as part of public procurement. The webinar will discuss the challenges and opportunities for SMEs and present solutions to help SMEs cope.

Technical factsheet: Fair value accounting and distributable reserves

This factsheet explores which items in a company’s balance sheet must be or may be measured at fair value and considers how changes in fair value are recognised