An accountant's guide to the Labour manifesto
Brexit & Economy

An accountant's guide to the Labour manifesto

2y Accountancy Age

An accountant's guide to the Labour manifesto

Labour's manifesto aims to rebuild the economy with a focus on growth, social justice, and sustainability. Key proposals include capping corporation t...

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An accountants guide to the Conservative manifesto
Brexit & Economy

An accountants guide to the Conservative manifesto

2y Accountancy Age

An accountants guide to the Conservative manifesto

Ahead of the General Election, Accountancy Age will be providing an analysis of the leading party’s manifestos and the impact they will have on the UK...

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An accountants guide to the Liberal Democrats' manifesto
Corporate Tax

An accountants guide to the Liberal Democrats' manifesto

2y Accountancy Age

An accountants guide to the Liberal Democrats' man...

The Liberal Democrats' 2024 manifesto, "For A Fair Deal," proposes significant tax reforms, focusing on fairness and sustainability. Key changes inclu...

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UK economy improving, but no quick fixes for the next government
Economy

UK economy improving, but no quick fixes for the next government

2y Jonathan Ashworth, Chief Economist, ACCA

UK economy improving, but no quick fixes for the n...

2023 was a challenging year for the UK economy, which expanded by just 0.1%, and experienced a technical recession in the second half of the year. Adm...

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Are high street banks really restricting cash for SMEs?
Consulting

Are high street banks really restricting cash for SMEs?

2y Accountancy Age

Are high street banks really restricting cash for ...

Nearly eight in ten brokers (77%) believe that high street banks are scaling back their willingness to fund small and medium-sized businesses, accordi...

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What are the consequences for directors who file company accounts late?
Accounting Standards

What are the consequences for directors who file company accounts late?

2y Nick Scott and Jonathan Chibafa, partners at Keystone Law

What are the consequences for directors who file c...

Under the Companies Act 2006 (“CA 2006”), it is a criminal offence for directors to file their company accounts late. Typically, there isn...

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SMEs are worried about political uncertainty - accountants, take heed
Brexit & Economy

SMEs are worried about political uncertainty - accountants, take heed

2y Accountancy Age

SMEs are worried about political uncertainty - acc...

Over half of SME decision makers have cited the potential change of government and political uncertainty as key concerns Read More...

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Rumours of pre-election Finance Bill propose potential tax cuts
Budget

Rumours of pre-election Finance Bill propose potential tax cuts

2y Rachael King

Rumours of pre-election Finance Bill propose poten...

As the UK gears up for a general election on July 4th, speculation is mounting about a possible finance bill that could be introduced in the final day...

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Deciphering the BoE's latest interest rate decisions
Business

Deciphering the BoE's latest interest rate decisions

2y Accountancy Age

Deciphering the BoE's latest interest rate decisio...

The BoE holds interest rates at 5.25% amid economic uncertainty, reflecting a cautious approach to UK monetary policy and highlighting the critical ro...

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Urgent action needed on FCA's misinterpreted investment trust rules
Brexit & Economy

Urgent action needed on FCA's misinterpreted investment trust rules

2y Accountancy Age

Urgent action needed on FCA's misinterpreted inves...

Concerns about how the Financial Conduct Authority (FCA) has applied the cost disclosure regime to investment trusts have been highlighted by the Hous...

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Over half a million UK businesses fighting for survival as UK economy stagnates
Business

Over half a million UK businesses fighting for survival as UK economy stagn...

2y Accountancy Age

Over half a million UK businesses fighting for sur...

The Construction, Food & Drug Retailers and General Retailer sectors in particular drove the increase in ‘significant’ financial distress, up 38.6%, 4...

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Overdue: it’s time to make tax advice accountable
Brexit & Economy

Overdue: it’s time to make tax advice accountable

2y Adam Harper, Director of Professional Standards and Policy at the Association of Accounting Technicians (AAT)

Overdue: it’s time to make tax advice accountable

Now is the time to set out our standards in the accountancy profession once and for all Read More...

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Companies House reforms: the major changes
Business

Companies House reforms: the major changes

2y Institute of Financial Accountants

Companies House reforms: the major changes

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...

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UK entrepreneurs hesitant amid election uncertainty
Business

UK entrepreneurs hesitant amid election uncertainty

2y Accountancy Age

UK entrepreneurs hesitant amid election uncertaint...

In the midst of political flux, potential UK entrepreneurs are hesitating to launch new businesses, primarily due to the uncertainty brought about by ...

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Out of the doldrums: Strategies to support SMEs as the economy recovers
Economy

Out of the doldrums: Strategies to support SMEs as the economy recovers

2y Warren Mead, CEO, Sumer

Out of the doldrums: Strategies to support SMEs as...

As 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...

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Confidence among global accountants rose in Q1 2024, but ongoing cost concerns provide a warning to central banks
Brexit & Economy

Confidence among global accountants rose in Q1 2024, but ongoing cost conce...

2y Jonathan Ashworth , Chief economist, ACCA

Confidence among global accountants rose in Q1 202...

The ACCA and IMA Global Economic Conditions Survey (GECS) of accountants from across the world, recorded a moderate increase in confidence in Q1 2024 ...

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The Bank of England appoints EY as its external auditor
Audit

The Bank of England appoints EY as its external auditor

2y Rachael Kennedy

The Bank of England appoints EY as its external au...

The Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...

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British Business Bank extends ENABLE Funding facility with Time Finance to £64.4m
Brexit & Economy

British Business Bank extends ENABLE Funding facility with Time Finance to ...

2y Accountancy Age

British Business Bank extends ENABLE Funding facil...

British Business Bank has agreed to widen scope of facility to allow support for soft as well as hard assets Read More...

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Boost for small businesses as VAT threshold raised and business rates frozen
Economy

Boost for small businesses as VAT threshold raised and business rates froze...

2y Accountancy Age

Boost for small businesses as VAT threshold raised...

28,000 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...

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UK inflation's unexpected decline sparks hope and caution among experts
Economy

UK inflation's unexpected decline sparks hope and caution among experts

2y Accountancy Age

UK inflation's unexpected decline sparks hope and ...

UK'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...

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UK Spring Budget 2024: Navigating a transformed fiscal landscape 
Budget

UK Spring Budget 2024: Navigating a transformed fiscal landscape 

2y Accountancy Age

UK Spring Budget 2024: Navigating a transformed fi...

The UK's Spring Budget 2024 prioritises stability, growth, and fairness. Explore key reforms in public spending, tax, and inflation, and their impact ...

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Forget the budget, we need to be thinking longer-term
Budget

Forget the budget, we need to be thinking longer-term

2y Rachael King

Forget the budget, we need to be thinking longer-t...

Amid economic uncertainty, UK political parties are betting on innovation-driven sectors like technology, manufacturing, and green energy to power gro...

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Businesses save £1.4 billion in corporation tax through Patent Box scheme
Corporate Tax

Businesses save £1.4 billion in corporation tax through Patent Box scheme

2y Accountancy Age

Businesses save £1.4 billion in corporation tax th...

The 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...

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ACCA Insights: 2024 Global economic outlook – Slow growth, high uncertainty
Brexit & Economy

ACCA Insights: 2024 Global economic outlook – Slow growth, high uncertainty

2y Jonathan Ashworth , Chief economist, ACCA

ACCA Insights: 2024 Global economic outlook – Slow...

The global economy looks set to grow slowly once again in 2024, and downside risks remain Read More...

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Slowing client demand stems promotions at PwC
Audit

Slowing client demand stems promotions at PwC

2y Accountancy Age

Slowing client demand stems promotions at PwC

PwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...

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IESBA floats stricter ESG reporting standards for review
Accounting Standards

IESBA floats stricter ESG reporting standards for review

2y Accountancy Age

IESBA floats stricter ESG reporting standards for ...

The creation of an effective sustainability standards infrastructure requires not only high-quality sustainability reporting and assurance standards, ...

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Begbies Trainor report says 47,000 UK businesses are at risk of collapse
Brexit & Economy

Begbies Trainor report says 47,000 UK businesses are at risk of collapse

2y Accountancy Age

Begbies Trainor report says 47,000 UK businesses a...

The 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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