The latest coverage on payment trends, accounting software, regulatory changes, and receivables management.
Italy's Guardia di Finanza raided Amazon's Milan headquarters and KPMG's offices on 12 February 2026, investigating whether Amazon maintained an undisclosed permanent establishment in Italy from 2019 to 2024. KPMG provided opinions on the matters under scrutiny but is not itself under investigation.
Robert Half surveyed 2,000 hiring managers and found finance teams are functionally understaffed. Just 6% have the talent needed to complete high-priority work. Legal did worse at 1%.
HMRC's Making Tax Digital for Income Tax hits 864,000 sole traders and landlords on 6 April 2026. That's 49 days to get software sorted, test quarterly filings, and explain the new points-based penalty system to clients who think Self Assessment is still annual.
Senate Bill 6346 passed Monday, imposing 9.9% on income over $1 million from 2028. The bill now heads to the House with three weeks until adjournment and legal challenges already anticipated.
KPMG Australia caught 28 staff using AI to cheat on internal exams since July, including a partner who uploaded training materials to pass an open-book AI test. The partner is paying $10,000 out of pocket, with more sanctions likely from Chartered Accountants ANZ.