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.
As a hugely successful Commonwealth Heads of Government Meeting (CHOGM) draws to a close, AIA is delighted to have had the opportunity to participate, meet and engage with our 57 commonwealth partners from around the globe. The event which ran from 16 – 20 April in Locations throughout London including Buckingham Palace, Marlborough House, Guildhall and Lancaster House provided the AIA with the opportunity to further understand the needs of our commonwealth partners, whilst highlighting the importance of ongoing financial education.
Accountants are usually reluctant to become involved in helping to document an agreement because of the needs to cover all the points and to use the right words. There is the view that legal matters are things best left to a solicitor. However, that doesn’t need to be the case, and often an accountant can provide greater value than a solicitor when a business enters into a contract.
Published by www.globalaccountantweb.com
With the January 31st tax filing deadline well out of the way, Tim Pinkney, Director of Compliance at the Association of International Accountants, says it’s time for firms to think about ‘spring cleaning’ their risk processes to avoid falling foul of new money laundering regulations.
In the lead up to the Commonwealth Heads of Government meeting (CHOGM), AIA Chief Executive was honoured to join notable dignitaries for an evening reception at the Foreign and Commonwealth Office.
The Association of International Accountants (AIA), the global body for professional accountants today (21 March) welcomed the launch of the ‘India and the Northern Powerhouse Report’.
The launch, attended by AIA representatives, was hosted by Shadow Cabinet member and Leeds North East MP Fabian Hamilton and took place at the House of Commons in Westminster.