All articles by Umesh Ellichipuram
Umesh Ellichipuram
ICAEW monitoring report points to uplift in audit quality in 2025
The report shows that 73% of the audits reviewed in 2025 were rated as good or generally acceptable.
India’s NADT hosts BRICS workshop to train tax specialists
The workshop was launched as part of India’s BRICS Chairship in 2026.
HMRC intensifies VAT checks on larger businesses
FoI disclosures indicate that VAT checks on larger companies rose to 11,894 in the year to March 2025.
IRS launches online tool to help taxpayers manage tax debt
The launch is part of the agency’s broader move to expand online services and simplify tax compliance.
Chinese mainland small businesses grow despite global volatility
In 2025, 36% of small businesses increased their headcount, a similar number to the prior year.
UK considers tax changes to lure Gulf high earners amid Iran war
Chancellor Rachel Reeves is expected to use her scheduled trip to Washington, DC to present Britain as a “safe-harbour economy”.
ISCA, LawSoc sign MoU to boost legal-accounting collaboration
The ISCA and LawSoc will jointly roll out a digital learning platform.
US Treasury and IRS set out final rules for ‘No Tax on Tips’ measure
The final text includes more than 70 occupations in which tipping is common, covering roles from bartenders to water taxi operators.
GASB sets out draft rules to overhaul infrastructure asset reporting
The draft aims to revise and tighten financial reporting requirements for infrastructure assets.
ACCA and Bangladesh’s National University sign skills-focused pact
With this MoU, National University students will be able to follow the ACCA’s qualification route, beginning with the CAT programme.