Blog - January 2023

  • HMRC Customer Service Failing Taxpayers

    Posted on Sunday, January 29, 2023 by Lydia Sinclair — No comments

    Accountants will have been in high demand over the last few weeks, as HMRC’s customer service has been called out for failing those who are trying to pay their taxes. January 31st marks the deadline for self-employed people and sole traders to complete their tax returns, but many could be subject to late fines as a result of struggling to get hold of HMRC. According to the Public Accounts ...

  • How One Of The Biggest Accounting Firms Collapsed In A Year

    Posted on Tuesday, January 17, 2023 by Lydia Sinclair — No comments

    The world of accounting is built on trust, respect and expertise, which is why so many recruiters look for skilled professionals to take on forensic accounting jobs to ensure that businesses are conducting themselves legally and based on these three principles. What can happen if an auditing and accounting firm do not follow these core principles is a sudden and acrimonious collapse, perhaps best ...

  • How An Afternoon Tea Shop Was Part Of A Multi-Million Pound Fraud

    Posted on Sunday, January 15, 2023 by Lydia Sinclair — No comments

    There are several trends that emerge when exploring cases of financial fraud so great that they alone create intense demand for forensic accounting jobs , and in a few cases, there are obvious signs that something is amiss. For someone like Bernie Madoff, the numbers simply did not add up from his supposed investment scheme. In the case of Enron, the business model was so deliberately obtuse that ...

  • Employment Rate Remains Lower Than Pre-Covid

    Posted on Saturday, January 14, 2023 by Lydia Sinclair — No comments

    The employment rate in the UK is still lower than it was before the Covid-19 pandemic, the latest figures have shown. Earlier this week (November 15th), the Office for National Statistics (ONS) released its Labour Market Review for November 2022 . The report showed the employment rate for July to September was 75.5 per cent. Although this remains unchanged compared with the previous quarter, it ...