FSB calls for late payment reforms

The Government's planned reforms to late payment culture should be delivered in the next month, the Federation of Small Businesses (FSB) has urged. The FSB has called for Prime Minister Theresa May to use the final days before her resignation on 7 June 2019 to push...

Pensions Regulator issues £68.6m in fines for employers

The Pensions Regulator (TPR) issued fines worth a total of £68,626,923 to employers that failed to meet their pension obligations in 2018/19. A Freedom of Information Act request revealed that the total value of fines handed out by TPR has increased over each of the...

Construction industry warned about late payment rules

A Government minister has reminded large companies in the construction industry that new prompt payment rules are set to take force this year. From 1 September 2019, new legislation will mean large companies may be prevented from winning government contracts if they...

Pensions Regulator targets non-compliant employers

Employers who are failing to meet their auto-enrolment obligations are being targeted with mandatory short-notice inspections by The Pensions Regulator (TPR). From 15 May 2019, and continuing through the summer, TPR will use data to detect employers who are suspected...

7 in 10 people want to see audit evolve

Most people think the audit industry should evolve in a way that will prevent company failures, research has revealed. The Association of Chartered Certified Accountants (ACCA) surveyed 11,000 people across 11 countries, and found that 70% would like to see audit...