The future of finance is digital. Making Tax Digital (MTD) is one of HMRC’s key strategic priorities, with the aim of transforming and modernising how tax is reported and managed.
From April 2019, all businesses in the UK with a turnover above the VAT threshold (currently £85,000) will be required to keep digital records of their VAT in addition to filing electronic quarterly returns.
On 11 November 2018 successful candidates gathered to celebrate their achievement in becoming AIA members. Held in Beijing, the graduation ceremony recognised the achievements of candidates who have successfully completed their qualifications.
AIA President Les Bradley headed an AIA delegation to the World Congress of Accountants organised by the International Federation of Accountants (IFAC) in Sydney, Australia, on 5 – 8 November 2018.
The 20th World Congress of Accountants (WCOA) is well under way in Sydney, Australia. Bringing together more than 6,000 delegates from over 130 countries, this quadrennial event is like no other in the accounting and finance calendar.
The Association of International Accountants (AIA) is delighted to be named as the latest organisation to join the government’s Northern Powerhouse Partner Programme.
As part of the Government’s Industrial Strategy, the Northern Powerhouse Partners Programme is a coalition of business that aim to promote economic growth across the region. It achieves this by bringing together a range of businesses and institutions which are intrinsically invested in the success of the north of England and Wales and share the ambitions of Government to develop the region’s cities, towns and rural communities to become a powerhouse for the UK economy.
AIA members voted to adopt a revised constitution at a general meeting on 9 October 2018. The new constitution comes into effect today, 22 October 2018. A review of AIA’s Constitution was carried out in February 2018 which identified several significant changes required to the overall structure and content of the document. The review included specific amendments resulting from the introduction of new legislative and regulatory requirements, alongside changes in best practice.