PEM Insights

Auditors' concerns media

Auditors' Concerns

A recent publication by the Charity Commission reported that for the year ended 31 December 2016, 97 charities with a collective total income of £195m filed accounts which included a modified audit opinion.

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Digital tax media

Making Tax Digital for VAT

There was a collective sigh of relief when the Government listened to concerns and agreed to delay the implementation of its Making Tax Digital initiative. The first wave of mandatory Making Tax Digital for Business (MTDfB) will now take effect from April 2019 and be limited to the VAT reporting of those businesses whose turnover exceeds the VAT registration threshold (currently £85,000).

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War on wills

How to avoid a war over your Will

The importance of making a Will cannot be overstated. Feuds over inheritance are not confined to the pages of fiction and families can be torn apart by in-fighting when there is no Will – or when a Will is poorly drafted and unclear.

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