Accountancy Insights

ICAEW Insights: Tax year end, Bounce Bank Loans and cryptocurrency


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ICAEW’s Philippa Kelly and Lindsey Wicks and PwC’s Mike Jervis join host Tom Herbert to discuss the potential moving of tax year end, Bounce Back Loan repayment options, business restructuring and cryptocurrency.

Welcome to this new ICAEW Insights podcast, where we analyse the latest news from the world of accountancy, business and finance.

On today’s show, with news that the government is considering moving tax year end away from 5 April, what impact could this have on businesses and individuals? The first coronavirus Bounce Back Loans are now falling due for repayment: what should businesses consider when drawing up their plans for the rest of 2021 and beyond? And you can’t get away from cryptocurrency in the press, but should chartered accountants be taking a closer look?

Links to resources discussed in the show:
- OTS to look at impact of moving tax year end.
- Wyman Symposium 2021 - Changing the end of the tax year.
- Bounce Back Loans: getting ready to repay.
- COVID-19 challenges for business: Bounce Back Loan Scheme repayments.
- Broader consensus needed for G7 tax deal to achieve aims.
- Cryptocurrency: accountants look beyond the horizon.
- ICAEW’s Business Rescue series.

Host:
Tom Herbert, online editor ICAEW Insights, We Are Sunday

Guests:
- Philippa Kelly, Director, Technical Strategy Business Group, ICAEW.
- Lindsey Wicks, Technical Editor, ICAEW Tax Faculty.
- Mike Jervis, Restructuring and Insolvency Partner, PwC.

Producer:
Natalie Chisholm

Episode first published: 24 June 2021
Podcast recorded: 21 June 2021

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Accountancy InsightsBy ICAEW


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