Britain’s micro businesses and the self-employed are feeling the effects of a more digital based tax system with 39 per cent saying they feel excluded and lack the resource and understanding to keep up, according to new research from AAT.
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81 per cent of payroll and accounting professionals say that benefits in kind should be treated equally, according to a joint report by the CIPP and AAT.
A group of female nationals employed within BAE Systems Saudi Arabia’s Finance Department have qualified with AAT (Association of Accounting Technicians) in the first training programme of this kind to take place in Saudi Arabia.
Skills Minister Matthew Hancock has confirmed his support of Professions Week.
Running from 21 to 27 October 2013, the week will aim to increase interest and awareness among 14 to 19 year olds in the professions. It will also support teachers and careers advisors, giving them the relevant materials to help young people make informed decisions with regards to the professions.
AAT has joined a group of the UK’s most prominent professional bodies who have announced the UK’s inaugural Professions Week.
Professions Week will run from 21 to 27 October 2013, and will aim to increase interest and awareness among 14 to 19 year olds in the professions. It will also support teachers and careers advisors, giving them the relevant materials to help young people make informed decisions with regards to the professions.
AAT (Association of Accounting Technicians) is urging the government to make changes to the UK tax system to address growing trends of avoidance and evasion and to simplify an increasingly complex tax regime.
AAT survey of SMEs reveals pressures felt by small business
A survey commissioned by AAT with 1,000 small and medium sized businesses earlier in the year revealed that more than half (55%) think the complexity of the tax system has become more costly to SMEs than big business.
The Edge Foundation, which champions technical, practical and vocational education, is making funding available for schools, colleges and learning providers to help raise awareness of the benefits of skills-based learning.
The funding will go towards events to mark VQ Day on 5 June 2013, a national celebration of the practical and vocational achievements of learners of all ages. The regional events will aim to help students understand more about vocational qualifications and get the edge for their future careers.
Research by AAT has revealed that vocational qualifications, such as apprenticeships, offer better employability and earning potential than university qualifications. 44% of graduates from class of 2012/13 predicted to be unemployed or underemployed.
One in three SMEs has no knowledge of Real Time Information (RTI) and what it means for their business, according to a recent report from AAT (Association of Accounting Technicians). This is despite the major changes to the PAYE system coming into effect from April.
The survey of 1,000 decision makers, managers and directors of SMEs carried out in January this year, revealed that:
Just a year after the decision to strip the majority of vocational qualifications from performance tables, schools are axing practical training courses despite recognition by school leaders of their value to learners.