Welcome to your August Newsletter!
In this month's interview David and Jody discussed the changes in financial regulations, highlighting the increasing importance of stringent compliance, particularly in anti-money laundering (AML). Jody explained that the Institute of Accountants and Bookkeepers (IAB) has addressed these challenges by developing AML Complete, a comprehensive digital tool for risk assessment and monitoring. This tool was introduced to their supervised members this year and will continue to receive updates with new resources and material.
The discussion covered several key points: the critical nature of compliance and regulatory environments, the significant changes in these areas over recent years, and a detailed overview of AML Complete.
?Jody elaborated on the reasons behind creating this bespoke product and its unique features. Importantly, the conversation underscored that a robust regulatory framework could enhance practice growth and efficiency. Rather than viewing AML regulations as a burden, they should be seen as an opportunity to optimise business operations.
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Accountex Summit Manchester
Accountex Summit Manchester returns to Manchester Central, 17 September 2024. Explore what’s new in accounting, bookkeeping and finance!
What can you expect at Accountex Summit Manchester 2024?
?? Get actionable insights and stay up-to-date with 32 CPD-accredited seminars??
? Gain 8 CPD hours???
? Discover tech from 120+ exhibitors and get personalised solutions for your business?
? Meet new contacts & grow your professional network?
?We look forward to seeing you at our stand B16!
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CIPP - HMRC Charter Annual Report 2023-24 ?
Each year HM Revenue and Customs (HMRC) releases a report detailing how they are performing against their Charter aims. The 2023-24 report has now been released.
In a message from Sir Jim Harra KCB, HMRC’s Chief Executive and Permanent Secretary, he stated that they are “fully committed to our Charter because the experience our customers have is central to our vision of being a trusted, modern tax and customs department.”
Croner-i: VAT on private school fees: An update ?
HM Treasury has published draft legislation on the removal of the VAT exemption for private school fees as part of a technical consultation ahead of its inclusion in the Finance Bill 2024–25 following the Autumn Budget.
August Coffee Morning