10 things we learnt this week: 26 February 2016

CA Today Brisbane
By Isabelle Bell, CA Today

26 February 2016

A round-up of recent top content you may have missed from CA Today.

1. MoD’s Jon Thompson is the new head of HMRC

Jon Thompson will take over from Lin Homer as the new Chief Executive of HMRC, when she steps down in April. Edward Troup will become Executive Chair.

[CA Today]

2. Deloitte was named the best accountancy 'brand'

Deloitte is the best accountancy and business services ‘brand’ for the second year running, according to the UK’s Superbrands survey. British Airways was named the best consumer and business brand overall.

[CA Today]

3. ICAS launched a new networking tool to connect the global CA community

ICAS launched its new and exclusive networking tool – CA Connect – this week. CA Connect enables members to search for and contact anyone from across the ICAS global membership of 21,000 CAs.

[CA Today]

4. Qantas has had one of the most remarkable turnarounds in history

Twelve months ago, Qantas shareholders were calling for the CEO’s sacking, but the company just announced record profits. Chris Sheedy examines how Alan Joyce turned the airline around.

[CA Today]

5. The UK took Silicon Valley’s crown as the world’s FinTech capital

An EY study has crowned the UK as the world’s leading centre of financial technology – or FinTech – ahead of California, Hong Kong and Australia. The UK’s FinTech sector employs 61,000 people and attracted £524m in investment last year.

[CA Today]

6. CAs have a key role in the fight against cyber crime

Cyber crime is now thought to be a bigger threat to business than the skills shortage and terrorism in 2016. As data controllers, CAs have a responsibility to help prevent an attack and protect sensitive data.

[CA Today]

7. The tax treatment of income from savings will soon be changing

At a time when taxpayers ought to be looking carefully at their exposure to tax on savings, Donald Drysdale found food for thought in a new IFS report.

[CA Today]

8. Nicola Sturgeon set out her new deal ambitions

Scotland’s First Minister Nicola Sturgeon vowed to change income tax, local taxation and welfare, following the announcement of a deal on the new fiscal framework. Speaking at an ICAS-sponsored event on Tuesday, she said that her government would seek to strike a balance using the new powers.

[CA Today]

9. Director conduct reporting will be going digital

Changes to the director conduct reporting regime will be taking effect on 6 April this year. David Menzies, ICAS Director of Insolvency, outlined some of the new procedures.

[CA Today]

10. Lord Smith CA said the devolution deal has been ‘delivered in full’

The man whose commission drew up the initial cross-party blueprint for devolving more powers to Scotland welcomed the announcement of agreement in principle on a new fiscal framework this week.

[CA Today]


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