The new guidance from HMRC regarding the R&D tax scheme shows that the Government is taking action against false claims, resulting in a more thoro...
View articleHMRC customer service crisis impacting VAT registrations for businesses - 53,000 applications refused or withdrawn Read More...
View articleThinking about migrating your accounting practice to the cloud, but unsure where to begin? Starting the cloud accounting process can seem daunting, bu...
View articleThe UK has updated its corporate sustainability reporting timeline, aligning with the ISSB framework for compatibility. Consultations on the new stand...
View articleBy integrating this cutting-edge tool, PwC aims to empower its 75,000 US and 26,000 UK employees, as well as its extensive client base, to harness the...
View articleNearly eight in ten brokers (77%) believe that high street banks are scaling back their willingness to fund small and medium-sized businesses, accordi...
View articleUnder the Companies Act 2006 (“CA 2006”), it is a criminal offence for directors to file their company accounts late. Typically, there isn...
View articleThe e-commerce landscape has evolved significantly over recent years, revolutionising the retail sector by enabling businesses to reach global markets...
View articleCliff Orme, MI, Cloud Accounting and Systems Manager at DSG Chartered Accountants, explores how accountancy firms can use AI and RPA to streamline pra...
View articleOver half of SME decision makers have cited the potential change of government and political uncertainty as key concerns Read More...
View articleThe $4.4bn figure is a combination of KPMG Switzerland and KPMG UK’s gross revenues for FY23 Read More...
View articleNew research from leading business and financial adviser Grant Thornton UK LLP has found that ESG credentials are an increasingly important factor for...
View articleChartered accountancy body ICAEW published a report on May 22 exploring the evolution of mid-tier accountancy firms following a survey of managing par...
View articleUK Finance releases its 2024 annual fraud report, detailing the amount its members reported as stolen through payment fraud and scams in 2023. Read Mo...
View articleAlmost half (45%) of firms are being “severely” or “significantly” affected by skills shortages and a total of 74% of respondents said that compared w...
View articleAs payroll complexities increasingly drain accountancy firms' resources, pioneering solutions that offer greater integration offer a path to turn this...
View articleAI was a keen talking point at AccountEx 2024 (unsurprisingly), dominating both the seminar schedule and conversations at stands throughout the confer...
View articleNew analysis shows that auditors failed to warn about 3 out of 4 of the UK’s largest publicly traded companies that collapsed between 2010 and 2022. R...
View articleWhen I asked ChatGPT to show me a picture of a typical accountant, the output was not surprising – sat at a desk covered in paper and a calculat...
View articleThe piece discusses the benefits of engaging multiple collection partners, including increased repayment rates, cost reduction, and improved customer ...
View articleSeven UK professional football clubs were issued winding up petitions in 2023 – the highest figure since 2020 – as financial pressures intensify*, say...
View articleHMRC’s telephone customer service is failing to meet expectations, with taxpayers experiencing an average wait time of nearly 23 minutes in the first ...
View articleWhat is an accountant? According to ChatGPT, they are the following: “[Accountants are] highly detail-oriented and analytical professionals, adept at ...
View articleNo longer confined to traditional assurance functions, auditors are now expected to be at the forefront of innovation, guiding their clients through t...
View articleThe BoE holds interest rates at 5.25% amid economic uncertainty, reflecting a cautious approach to UK monetary policy and highlighting the critical ro...
View articleInvestigations revealed that KPMG failed to gather sufficient audit evidence and did not exhibit the necessary professional scepticism required for au...
View articleThe FRC's sanctions against the three audit firms involved in the LCF audits serve as a stark reminder of the vital role that auditors play in maintai...
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