• Tax Evasion Mercia Group Blog

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    Criminal Finances Act 2017

    The Criminal Finances Act 2017, which received Royal Assent in April 2017, took effect on 30 September 2017. It makes companies and partnerships criminally liable if they fail to prevent tax evasion being carried out (in the UK or potentially abroad) by a member of their staff, anyone acting on their behalf or an external […]

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  • Charities

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    Charity Commission Annual Return 2018 consultation

    The Charity Commission has recently issued a consultation on the proposed contents of the 2018 version of the Annual Return (“AR18”) that charities with income over £10,000 have to file with them. If this sounds familiar, it is because it is the second part of a two year project to review the annual return, which […]

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  • Mercia Blog CCAB draft anti-money laundering

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    CCAB draft anti-money laundering guidance issued

    On 11 August 2017 the Consultative Committee of Accounting Bodies (CCAB) issued their draft guidance reflecting the changes to the Regulations in ‘The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the 2017 Regulations)’.

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  • Mercia Audit 2017

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    Professional scepticism and the auditor

    I don’t think it matters how many years you have been auditing you will surely always feel that the issue of scepticism (or skepticism as IFAC et al insist upon using) is ever present. The trouble is, it is often ever present in that theoretical world of what auditors are supposed to do and perhaps […]

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  • Mercia Blog Solicitors SRA Accounts Rules 2018

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    SRA Accounts Rules 2018 for Solicitors

    Regular readers of our blogs who have an interest in the Solicitors’ Accounts Rules will recall that we have been discussing news of proposed changes to the Accounts Rules for some time now, following the announcement in 2014 that the Solicitors Regulation Authority (SRA) was adopting a three-phased approach to reforming the rules.

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