Friday, January 22, 2021

Good Luck #ICAEWStudents

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:
  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Wednesday, January 06, 2021

ICAEW Summarises Brexit

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:
  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Tuesday, December 15, 2020

The #ICAEWROAR Twitter List


 

I have been ranked 6th out of 50 in the ICAEW Top Online UK Influencers List.

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:
  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly

Please click here for details.

Monday, December 14, 2020

#ICAEWROAR Top Online UK Influencers: Accountancy 2020

 


I have been ranked 6th out of 50 in the ICAEW Top Online UK Influencers List.

In the third #ICAEWROAR event, the ICAEW focussed specifically on UK individuals using social media within the realms of accountancy.

As per the ICAEW:

“Regulatory changes, technological advances, environmental issues and economic pressures are changing the way business operates. This has created new opportunities and fresh challenges. 2020 has been particular challenging due to the pandemic. Through campaigns such as ICAEW 100 years of female membershipGlobal Goals for Sustainable Development and launches such as ICAEW Insights and the Coronavirus and COVID-19: global recovery hubs, ICAEW have been working to foster discussion in our industry on how best to face these challenges.

There are those who have already seen this opportunity and taken a firm grasp. We wanted to discover these early adopters, not just to celebrate their work, but to see what can be learned from their experiences and bring new ideas to our industry.

Our brand values are imperative to the way we communicate, behave and position ourselves. We are bound by our Royal Charter to promote a manner in acting responsibly and behaving with integrity, throughout our industry and beyond into UK business. These values have formed the backbone of this ranking system and have informed the design of the algorithm we have written, and as such will ultimately decide who ranks.

This algorithm we have developed using Falcon’s listening tool, our social media intelligence platform, to search and list the contenders.

For our third #ICAEWROAR Top UK Online Influencers ranking we have chosen to concentrate on individuals using Twitter within the realms of accountancy.”

The ICAEW focused on UK-based individuals tweeting and discussing accountancy related topics such as accountancy, tax, budget, assurance, insolvency, audit and finance. The ICAEW’s values of integrity, objectivity and respect for others were applied to the tone of voice of the tweets and retweets, determining the data that the ICAEW has included in its metrics.

Working with Falcon the ICAEW used their social media listening tool to pull data relevant to their specific keywords, looking at a metrics comprising of:

  • Audience re-tweets;
  • Author tweets;
  • Positive and neutral sentiment
  • Visibility and audience relevance.

The #ICAEWROAR algorithm values quality over quantity. Placing more emphasis on topical engagement of the authors’ tweets than the amount they’ve tweeted, the algorithm considers everything from visibility, relevance and tone of voice, to reaction and audience engagement.

My thanks to the ICAEW, and congratulations to those others on the list.

 

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.

Friday, November 13, 2020

Nominate Elaine Clark For The ICAEW Council


 

My Twitter chum, and fellow member of the ICAEW, Elaine Clark is standing for election to the ICAEW Council in the North West. 

I wish her all the best, and would ask any members in the North West to sign her nomination papers; as she will be a force for good.

Elaine has correctly called out the absurdity of the ICAEW's regional (and indeed international) council structure that not only prevents members from one region nominating members from another, but also does not have space for a "cyberspace" council member.

 

In 2007 I noted the following:

"Why does the ICAEW claim to be international, yet council elections are decided on a local basis?

Why does the ICAEW insist on prospective candidates for council needing 10 signatures from the local area, before they are even allowed to stand?

Why does the ICAEW need 90, or more, council members?

Operating a Victorian trading association model simply will not do for the 21st century.

Until the ICAEW gets that point it will go nowhere."

In fact in 2007 I tried to stand for council, but couldn't get the nominations because the ICAEW wouldn't tell anyone in Croydon (where I was living at the time) that I was standing. 

Therefore please nominate Elaine, as she might actually achieve what I failed to achieve!

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:
  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.

Thursday, November 12, 2020

Update on The ICAEW Investment in Engine B

In October I noted that the ICAEW had invested in Engine B, and that Michael Izza is on the Board.

AccountingWeb have now run with the story:

"The ICAEW’s recent additional investment into tech start-up Engine B was perhaps largely unnoticed by many members. Taking a 10% stake and Michael Izza joining the board seems an unusual step for an institute to take. 

Aside from the potential conflict of interest, historically, accounting institutes and major tech initiatives have largely been a failure. How will this investment stack up?

Getting to grips with Engine B and what it aims to do isn’t easy. The website is quite opaque and subsequent press releases unhelpful, especially as it describes itself as an “intelligent data access platform” using “dynamic knowledge graphs”.

Put more simply, Engine B seems to be two things:

  • A set of rules (or data models) that help to standardise structured data (like financial accounts) and unstructured data (such as PDFs). 
  • A technology platform, that allows this data to be interrogated and for other software to be linked to it...
While at some point there could be a commercial conflict with other software providers, Lyford-Smith is keen to stress that their interest is at the ‘foundational layer’. He stresses there is no conflict with the audit itself as “this isn’t the standards of the audit, we regulate the professional behaviour, in the same way we don’t regulate Excel formula creation.” 

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.

Tuesday, October 20, 2020

ICAEW Invests In Engine B

Michael Izza is also on the board. 

As per Engine B's website:

"Engine B is, quite simply, a data solution. Although primarily created for the professional and legal services industries, the impact will be exponential in its reach.

In clear terms Engine B provides:

A set of data models, which are open source and available to all.

These data models can be installed with clients to capture and house client information in an intelligent data access platform.

Client data can then be interrogated and analysed through dynamic knowledge graphs.

Knowledge Graphs are a programmatic way to model information. They can uncover hidden data and relationships that are too complex for human cognition through applying various graph-computing techniques and algorithms."

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.

Friday, October 16, 2020

ICAEW Exam Results Day

 


Good luck to those receiving their ICAEW exam results today!

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.

Wednesday, September 23, 2020

ICAEW's RoadMap To Carbon Neutrality

Membership fees will be used to buy carbon offsets:

"In addition, we will immediately be purchasing carbon offsets against our entire annual greenhouse gas emissions."

Happy with that?

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:
  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.

Thursday, September 17, 2020

Council Elections

 

Council elections

Nominations for Elections to Council will open on 12 November 2020 at 12 Noon (GMT) and close on 14 December 2020 at 12 Noon (GMT)

Please ensure your constituency details are up to date by the 16 October 2020 via your ‘My Profile’ tab. 

View the Council constituency vacancies 

 

Tax Investigation Insurance

Having a Solar Protect Tax Investigation Insurance policy at your disposal means that should you be one of the many 1000's of businesses or individuals that are selected by HMRC each year to look into your tax affairs your own accountant (your tax return agent) can get on and defend you robustly.

You have the peace of mind knowing that your accountant's (your tax return agent) fees will be paid by the insurance without any Excess for you to find.

Tax Investigation Insurance is an insurance policy that will fully reimburse your accountants (your tax return agent) fees up to £100,000 if you are subject to enquiry by or dispute with HMRC.

A Solar Protect policy will enable your Accountant (your tax return agent) to:

  • Deal with any correspondence from HMRC
  • Attend any meeting with HMRC
  • Appeal to the First-tier Tribunal or Upper Tribunal
  • Having the security of knowing that fees will be met in full will enable your Accountant (your tax return agent) to defend your position robustly
  • Premiums are Annual Premiums.
  • Premiums are inclusive of 12% IPT. 
  • Premiums and IPT are due in full in advance / at commencement of scheme.
  • There is a NIL excess on all policies.

Please click here for details.