News in Professional resources

  1. SDG disclosure recommendations

    A new report issued today calls for improved reporting on the UN SDGs.

  2. Devolution of income tax

    As ICAS responds to an inquiry launched by the Welsh Assembly, Donald Drysdale asks what Wales can learn from the implementation of devolved income tax in Scotland. The views expressed are his own and not necessarily those of ICAS.

  3. The future of PTDs

    ICAS has responded to the Scottish Parliament’s inquiry into Protected Trust Deeds (PTDs) by strongly advocating for a wholesale review of Scottish debt solutions, as opposed to the amendment of trust deed legislation in isolation.

  4. Loan Charge: further guidance

    Charlotte Barbour and Susan Cattell discuss the position of the tax adviser and their clients, where clients have already settled with HMRC.

  5. Tax: Your Institute needs your help

    At the start of this new decade, Donald Drysdale recaps on the tax policy positions set out by ICAS, and reminds readers of opportunities to become more closely involved with the ICAS tax team.

  6. Insolvency technical update – December 2019

    Insolvency technical update – your round-up of recent developments in insolvency.

  7. Transitioning to DB accounting

    Keith Purnell and Christine Scott report on the publication of guidance for charities on transitioning from DC to DB accounting.

  8. Devolution of corporation tax

    Donald Drysdale studies a recommendation that corporation tax be devolved to Scotland, but finds it unattractive. The views expressed are his own and not necessarily those of ICAS.

  9. Loan Charge Review

    Charlotte Barbour considers the wider implications for all tax advisers from the recent Independent Loan Charge Review.

  10. AML changes in 2020

    Legislation to implement the EU’s fifth AML Directive has been published and will become effective on 10 January 2020.

  11. FRC revises Ethical Standard

    The FRC has strengthened auditor independence requirements in its Ethical Standard.

  12. APMs and KPIs

    ICAS summarises Brydon’s proposals on Alternative Performance Measures and Key Performance Indicators.

  13. Internal controls

    ICAS summarises Brydon’s recommendation for introducing a UK version of Sarbox and his proposals on internal audit.

  14. Fraud protection and detection

    ICAS summarises Brydon's proposal for a package of measures around fraud detection and prevention.

  15. Charities and tax evasion

    Susan Cattell explains why all incorporated charities, regardless of size, need to think about the corporate criminal offence of failing to prevent the criminal facilitation of tax evasion - and highlights the publication of some guidance which might help small charities.

  16. Tax ramifications of SNP ascendancy

    Looking at the Scottish National Party’s strong performance in the general election, Donald Drysdale wonders what the tax implications might be for Scotland and the UK. The views expressed are his own and not necessarily those of ICAS.

  17. Purpose of audit redefined

    Anne Adrain, ICAS Head of Sustainability and Assurance, summarises the recommendation for a redefinition of audit and its purpose.

  18. Brydon review published

    Brydon publishes his report on the quality and effectiveness of audit.

  19. Taxing the unicorn

    Philip McNeill discusses a recent case - Unicorn Tankships (428) Limited – concerning tonnage tax and whether a shipping company was liable to a balancing charge on the sale of an asset.

  20. Tax repercussions of Tory landslide

    Given the decisive outcome of the general election, Donald Drysdale wonders what tax developments will follow. The views expressed are his own and not necessarily those of ICAS.