Happy morning one and all, and welcome to today’s 9am Lowdown.
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In the news
The fraud trial of a trio of former Tesco executives, including their UK finance director, begins today at Southwark Crown Court in one of the most high-profile cases ever brought by the Serious Fraud Office. (City AM)
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Married couples are collectively missing out on as much as £1.3bn by not making the most of a recently introduced tax break according to HMRC. (iNews)
HMRC collected some £124m over the last financial year from investigations into small and medium-sized enterprises and 'wealthy individuals' suspected of avoiding capital gains tax. (Professional Adviser)
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An American high school student has shot to online fame after executing an ingenious plan he put into practice during an accounting exam. (Telegraph)
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New on AccountingWEB
With the looming end of year deadlines fast approaching, Finola McManus says now is the best time to ensure your workflow management and production systems are robust.
ICPA chairman Tony Margaritelli opened his organisation’s Practice Evolution conference with a Wild West-themed keynote, pitching the small practice accountant in a shootout against HMRC.
AccountingWEB regular blogger FirstTab outlines the retailer mindset he has had to adopt since moving to a high street unit.
On the industry updates page, Webexpenses asks: “How do you effectively manage something that you can’t see properly?”
About Accounting WEB
Contributions from the AccountingWEB.co.uk editorial team.