CA daily briefing: Tuesday 7 January 2020
Your essential briefing of the morning's top news stories.
Good morning, Andrew Harbison here with your essential Tuesday briefing.
Spotlight on ICAS
Look out for HMRC residence corrections – which may not be correct! Susan Cattell discusses ongoing issues arising from HMRC’s policy on reclassifying a taxpayer’s residence and highlights the need to look out for any incorrect ‘corrections’ of 2018/19 tax returns.
ICAS has adopted a new Revised and Restructured Code of Ethics with effect from 1 January 2020. Ann Buttery explains what’s new.
Today's top stories from around the web
- 'Infrastructure revolution' in March Budget (BBC News)
- Facing Brexit unknowns, UK financial sector pays record taxes (Reuters)
- Johnson faces pressure from business over post-Brexit trade deal (Bloomberg)
- Oil prices top $70 a barrel amid fears over Suleimani retaliation (The Guardian)
- Loan Charge reforms backed by independent review and HMRC (Accountancy Age)
- UK generated a record 83 days of electricity without coal in 2019 (City AM)
- Prince Charles to call on business leaders to spearhead push for climate solutions (City AM)
- Sony unveils autonomous car as it predicts mobility to be next 'mega-trend' (Sky News)
That's all for today, check back on tomorrow for your Wednesday briefing.