Category: Articles
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CASS 6 and 7: Preparing for your CASS audit
As many firms are now approaching their CASS year end, we set out six key recommendations to assist in preparing for your upcoming audit and provide our top tips to ensure you are ahead of the curve in ensuring a smooth audit.
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Enhanced supervision planned for Payment Services and e-money firms
We review the long-anticipated publication of the FCA’s proposed changes to the safeguarding rules for payment services and e-money firms.
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Chip off the old VAT block: understanding the zero VAT rate for construction
Businesses in residential construction often assume their supplies are mostly subject to the 0% VAT rate. This article highlights the key points.
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Taxing interest: the hidden cost for UK property investors
Overseas financing when buying a UK property may not be as simple as you think. We explain what you need to know.
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Our Autumn Budget predictions
Ahead of Labour’s Autumn Budget 2024, Chris Riley, Partner and Head of Tax shares his predictions.
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Africa’s Natural Resources pose transfer pricing issues for MNEs
Transfer Pricing Director, Farhan Azeem explains the increased Transfer Pricing regulations in Africa and outlines the complex issues that arise for MNEs in the Natural Resources sector.
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CASS 6 and 7 Update: Common breaches and areas of regulator focus – Summer 2024
If your firm is preparing for a CASS 6 and 7 audit, our regular conversations with the FCA may provide some crucial guidance. We explore four common breaches and areas of regulator focus, and set out key takeaways and recommendations.
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Reporting measures for digital platforms
A new reporting requirement has been introduced for UK digital platforms. Discover more.
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UK GAAP: the latest updates for Brokers
The FRC published periodic changes to FRS 102 in March. So, what do these changes mean for you?
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An insight into the accounting challenges broking consolidators face
Acquiring another broking business has accounting consequences. We provide an insight to help guide you through the complexities.
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Non-statutory trust letters: don’t get caught out
The FCA is hot on the heels of firms that try to set up or run non-statutory trust (NST) client money accounts without the required auditor sign-off.
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Exemption from audit by parent guarantee: it could be right for you
Take up of the parent guarantee to bypass audits is relatively uncommon among insurance intermediaries. But take a closer look.