New powers to Companies House which came into effect on 4 March signal a series of sweeping changes to UK company law over the next two years. Jonatha...
View articleTax take rises by almost 5% in 23-24 but income taxes jump by 10% Read More...
View articleIn the midst of political flux, potential UK entrepreneurs are hesitating to launch new businesses, primarily due to the uncertainty brought about by ...
View articleAs the UK edges out of recession, accountants can advise SMEs on a range of options to grow. Warren Mead, CEO of Sumer, shares his top 5 tips Read Mor...
View articleThe ACCA and IMA Global Economic Conditions Survey (GECS) of accountants from across the world, recorded a moderate increase in confidence in Q1 2024 ...
View articleLabour's plan to reform HMRC includes increasing the workforce by 5,000, investing in technology, and closing the £36 billion tax gap, aiming for fair...
View articleThe Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...
View articleBritish Business Bank has agreed to widen scope of facility to allow support for soft as well as hard assets Read More...
View article28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Read More...
View articleFollowing the Chancellor’s Spring Budget on March 6, the Association of Chartered Certified Accountants (ACCA) surveyed its members for their insight ...
View articleUK's inflation unexpectedly drops to a 2-year low at 3.4%, stirring mixed reactions. Experts see it as a positive sign, but caution about future risks...
View articleHMRC's MTD ITSA pilot, launching on 22 April 2024, aims to modernize the UK tax system by requiring digital record-keeping and quarterly updates for s...
View articleThe UK's Spring Budget 2024 prioritises stability, growth, and fairness. Explore key reforms in public spending, tax, and inflation, and their impact ...
View articleAmid economic uncertainty, UK political parties are betting on innovation-driven sectors like technology, manufacturing, and green energy to power gro...
View articleIs there headroom for tax cuts in next week’s Budget, and if so, what will they be? The ‘headroom’ is, of course, a wholly fictitious number, created ...
View articleAs the UK braces for the Spring Budget 2024, businesses across the nation are keenly awaiting Chancellor Jeremy Hunt’s fiscal announcements. Wit...
View articleThe amount of tax saved by businesses through HMRC’s Patent Box scheme has increased by 23% over the last five years, from £1.14 billion in 2017/18 to...
View articleAs we get closer to the Budget and there is talk of public spending reduction to fund his proposals, we think a cut by the Chancellor to the headline ...
View articleHM Revenue & Customs (HMRC) has acknowledged the financial and time costs that landlords will face due to the Making Tax Digital (MTD) initiative....
View articleTechnology industry leaders are pressing the government for substantial investment to prepare the next generation with essential digital and AI skills...
View articleThe global economy looks set to grow slowly once again in 2024, and downside risks remain Read More...
View articleHM Treasury’s response to questions posed by the Association of Accounting Technicians (AAT) regarding proposed reforms to anti-money laundering...
View articlePwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...
View articleHMRC has collected £1bn in extra revenue from investigations into underpaid landfill tax over the past 5 years, with £281m collected in the las...
View articleThe House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...
View articleThe creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...
View articleThe construction and property sectors, among others, bear the brunt of the crisis. Urgent measures are necessary to alleviate the burden of debt and f...
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