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Students E-Newsletter May 2018

Notice of IAB AGM

The IAB’s 44th Annual General Meeting will be held at 10:45am on Thursday 21st June 2018 at CIPP offices, 90 Long Acre, (Arne Street Entrance), Covent Garden, London, WC2E 9RA. This notice includes further details of the AGM, including information on the election candidates and a link to view the unaudited accounts for the year ended 31 December 2017. You are also able to access a downloadable form that you can use to vote by proxy.

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Become invaluable to your employer

Making yourself invaluable to your employer can offer so many rewards. When those promotions come around you’ll be first in line. If you need a bit more flexibility around working hours or working from home options you’re much more likely to get them when you ask. And should the worst happen and redundancies loom in your business you’re more likely to be one of the ‘safe’ ones.

Special offers for members on Excel courses

Are you tired of struggling with Excel? Do you want to use Excel with ease to solve complex problems, automate spreadsheets, and master graphs for presentations instead of pulling your hair out?
Excel with Business can help. They are a global leader in Microsoft Office & IT skills training and they have special offers on Excel courses for IAB members.

Accounting salaries rise, as competition for the top candidates remains fierce

Advertised salaries across the accounting industry rose by 4.3% increase in April, with job vacancies rising by 17.8%, according to the latest data from CV-Library.

The data explored fluctuations in salaries, jobs and applications throughout the month and compared these with statistics from the same period in 2017.

HMRC to delay introduction of new digital services for individuals

HMRC has said its switch in focus to Brexit is the main reason why it is to delay plans to introduce more digital services for individuals.

HMRC has admitted it was ‘overly ambitious’ about the number of individuals who would stop contacting the department by phone and post after it introduced digital channels. At the same time, HMRC has been forced to prioritise EU exit work, including a major upgrade to the customs declaration system.

Warnings from Companies House and HMRC about scam emails

Companies House are warning that some people have received fraudulent emails claiming to be from them. HMRC has also issued a warning about tax refund scams. Criminals have been sending out scam emails and SMS-messages to trick the public into thinking they have received a tax rebate so they hand over their account and personal details.

One in four SMEs admit to gender pay gap

Almost eight in 10 companies and public sector bodies pay men more than women, according to government figures, while research from Close Brothers Asset Finance reveals that a quarter of SMEs admit to a gender pay gap at their firm.

The figure is consistent across all regions of the UK, except in London, where 36% of respondents answered ‘yes’ to the question ‘is there a gender pay gap at your firm?’

International - Malaysia to introduce sales and service tax after effectively scrapping GST

Malaysia said it will introduce a sales and service tax (SST) to partly offset the shortfall in revenue from effectively scrapping a goods and service tax (GST) from June.

The Mahathir Mohamad-led government, which won last week’s general election, said on Wednesday it would lower GST to zero percent from June 1. Ousted leader Najib Razak had introduced the tax in 2015 amid lower oil prices.

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