Tag Archive for: revenue

Understanding the new five-step revenue recognition model for frs 102 and frs 105

Understanding the new five-step revenue recognition model for FRS 102 and FRS 105

29 May 2024 Steve Collings FCCA examines the practical implications…
Cipp - our advisory and policy teams have received several queries from our members asking why hm revenue and customs (hmrc) create a ‘new employment’ when a new employee number or payroll id is created from the employer/agents' side?
Frs 102 and frs 105

VAT revenue hits record high of £157bn

VAT revenue hits record high of £157bn HMRC collected a record…