Value Added Tax Act 1994: Primary legislation governing VAT (UK equivalent of sales tax) including registration, collection, reporting requirements and enforcement
Finance Acts: Annual legislation that implements changes to tax law and administration, including updates to VAT regulations
Tax Management Act 1970: Framework for tax administration and management in the UK, including procedural aspects of tax audits
International Standards on Auditing (UK): Professional standards that govern how audits should be conducted in the UK, including quality control and reporting requirements
FRC Guidelines: Financial Reporting Council's guidance on audit practices and professional standards in the UK
ICAEW Regulations: Professional regulations set by the Institute of Chartered Accountants in England and Wales for audit engagements
UK General Data Protection Regulation: Post-Brexit data protection legislation governing how personal data must be handled during audit processes
Data Protection Act 2018: UK's implementation of data protection standards, working alongside UK GDPR
Privacy and Electronic Communications Regulations: Regulations governing electronic communications and data privacy during professional engagements
Companies Act 2006: Primary legislation governing company operations and corporate responsibilities in the UK
Supply of Goods and Services Act 1982: Legislation governing service contracts, relevant for professional service engagements like audits
Unfair Contract Terms Act 1977: Legislation controlling the use of unfair terms in contracts, including professional service agreements
Money Laundering Regulations 2017: Regulations requiring proper due diligence and reporting procedures during professional engagements
Proceeds of Crime Act 2002: Legislation requiring reporting of suspicious activities that may indicate money laundering
Limitation Act 1980: Legislation setting time limits for legal claims, relevant for professional liability provisions
ICAEW Code of Ethics: Professional ethical guidelines that must be followed during audit engagements
FRC Ethical Standard: Financial Reporting Council's ethical requirements for auditors conducting engagements in the UK
