Why are only 20% of businesses prepared for climate-related disasters?
Business

Why are only 20% of businesses prepared for climate-related disasters?

2y Accountancy Age

Why are only 20% of businesses prepared for climat...

A new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...

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Everything you need to know about the UK Finance Bill 2025
Economy

Everything you need to know about the UK Finance Bill 2025

2y Accountancy Age

Everything you need to know about the UK Finance B...

The UK’s tax landscape faces its most significant overhaul in decades with the new Finance Bill potentially marking the end of non-dom tax statu...

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Reeves' Budget could be a financial squeeze that forces GPs to the edge
Budget

Reeves' Budget could be a financial squeeze that forces GPs to the edge

2y Katie Collin, Partner, Ramsey Brown

Reeves' Budget could be a financial squeeze that f...

Before the Budget, Speaker of the Commons Sir Lindsay Hoyle criticised the Chancellor for her readiness to chat to the media and openly disclose the c...

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Budget Snapshot: The green agenda that looks beyond the tax breaks
Budget

Budget Snapshot: The green agenda that looks beyond the tax breaks

2y Accountancy Age

Budget Snapshot: The green agenda that looks beyon...

The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed towards green investment initia...

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Budget Focus: MTD ITSA expands to sold traders and landlords
Budget 2024

Budget Focus: MTD ITSA expands to sold traders and landlords

2y Accountancy Age

Budget Focus: MTD ITSA expands to sold traders and...

In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...

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Budget Focus: Do we really need 1800 new HMRC debt collectors?
Budget

Budget Focus: Do we really need 1800 new HMRC debt collectors?

2y Accountancy Age

Budget Focus: Do we really need 1800 new HMRC debt...

The UK Autumn Budget of 2024 has sharpened the focus on reducing the tax gap by amplifying both financial pressure on overdue tax payments and enforce...

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Autumn Budget 2024: Industry reactions
Budget

Autumn Budget 2024: Industry reactions

2y Rachael Kennedy

Autumn Budget 2024: Industry reactions

Following the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...

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Will Labour's Budget clip the wings of R&D tax credits?
Budget

Will Labour's Budget clip the wings of R&D tax credits?

2y Accountancy Age

Will Labour's Budget clip the wings of R&D tax cre...

As Chancellor Rachel Reeves gears up to unveil Labour’s first budget, speculation is rife about the fate of one of the most influential financial ince...

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Over half of accountants call for tax reforms to support small businesses
Brexit & Economy

Over half of accountants call for tax reforms to support small businesses

2y Accountancy Age

Over half of accountants call for tax reforms to s...

Accountants are calling on the new Labour government to provide more support for UK small businesses by introducing legislative reforms and simplifyin...

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A chartered accountant’s message to government
Brexit & Economy

A chartered accountant’s message to government

2y Alan Vallance, CEO, ICAEW

A chartered accountant’s message to government

As CEO of chartered accountancy body ICAEW, Alan Vallance shares his message to Rachel Reeves that an urgent review of the UK’s tax system is needed, ...

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Rachel Reeves' Budget is coming: What are accountants seeing in their crystal balls?
Budget

Rachel Reeves' Budget is coming: What are accountants seeing in their cryst...

2y Accountancy Age

Rachel Reeves' Budget is coming: What are accounta...

As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping changes to the tax lan...

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Taxpayers spent over 700 years on hold with HMRC as wait times worsen
HMRC

Taxpayers spent over 700 years on hold with HMRC as wait times worsen

2y Accountancy Age

Taxpayers spent over 700 years on hold with HMRC a...

Taxpayers in the UK collectively spent more than 719 years on the phone waiting to speak with HM Revenue and Customs (HMRC) in the year ending June 30...

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Is the R&D tax credit regime still fit for purpose?
HMRC

Is the R&D tax credit regime still fit for purpose?

2y Nigel Layton, Partner and Head of Pharma & Life Sciences at Forvis Mazars

Is the R&D tax credit regime still fit for purpose...

Recent developments suggest that the R&D tax credit regime, established almost 25 years ago to support innovative UK businesses, is facing critica...

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IFS calls on Labour for ‘serious reforms’ of capital gains tax
Budget

IFS calls on Labour for ‘serious reforms’ of capital gains tax

2y Accountancy Age

IFS calls on Labour for ‘serious reforms’ of capit...

As Labour prepares for its first Budget under Chancellor Rachel Reeves, the Institute for Fiscal Studies (IFS) is urging the party to pursue sweeping ...

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BoE holds rates but signals cautious approach to inflation
Brexit & Economy

BoE holds rates but signals cautious approach to inflation

2y Rachael Kennedy

BoE holds rates but signals cautious approach to i...

The Bank of England’s Monetary Policy Committee (MPC) voted 8-1 to maintain the Bank Rate at 5% in its September meeting, underscoring the centr...

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Can employers expect announcements in the upcoming Budget that increase employee costs?
Business

Can employers expect announcements in the upcoming Budget that increase emp...

2y Susan Ball and Charlie Barnes

Can employers expect announcements in the upcoming...

Chancellor Rachel Reeves has issued warnings about a £22bn “black hole” in public finances, suggesting that further measures may be necessary. Whilst ...

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HMRC increasingly pursuing company directors to pay tax bills of insolvent businesses
Corporate Tax

HMRC increasingly pursuing company directors to pay tax bills of insolvent ...

2y Accountancy Age

HMRC increasingly pursuing company directors to pa...

HMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a...

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UK Government introduces urgent measures to tackle local audit crisis
Audit

UK Government introduces urgent measures to tackle local audit crisis

2y Accountancy Age

UK Government introduces urgent measures to tackle...

The UK government has tabled new legislation in Parliament on September 9, 2024. The Accounts and Audit (Amendment) Regulations 2024, set to come into...

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UK losing billions to Small Business tax evasion, NAO report finds
Corporate Tax

UK losing billions to Small Business tax evasion, NAO report finds

2y Accountancy Age

UK losing billions to Small Business tax evasion, ...

A new report from the National Audit Office (NAO) has revealed that the UK is losing billions of pounds annually due to tax evasion, with small busine...

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HMRC'S annual report is out - Here's what you need to know
HMRC

HMRC'S annual report is out - Here's what you need to know

2y Accountancy Age

HMRC'S annual report is out - Here's what you need...

Accountants are no strangers to poring over lengthy financial documents and annual reports. However, even the most seasoned professionals can benefit ...

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Confidence among global accountants rises again in Q2 2024, despite a big drop in sentiment in the US
Economy

Confidence among global accountants rises again in Q2 2024, despite a big d...

2y Jonathan Ashworth, Chief Economist, ACCA

Confidence among global accountants rises again in...

The ACCA and IMA Global Economic Conditions Survey (GECS) suggests that global confidence among accountants and finance professionals improved slightl...

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The Draft Audit Reform and Corporate Governance Bill – landmark legislation in the making?
Accounting Standards

The Draft Audit Reform and Corporate Governance Bill – landmark legislation...

2y Claudine Morgan, Legal Director and Hannah Gornall, Associate at law firm Charles Russell Speechlys

The Draft Audit Reform and Corporate Governance Bi...

Amongst the 40 laws the government announced in the King’s Speech on 17th July 2024, a draft Audit Reform and Corporate Governance Bill (the Bill) was...

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Reeve's Fiscal Statement: Key takeaways
Budget

Reeve's Fiscal Statement: Key takeaways

2y Accountancy Age

Reeve's Fiscal Statement: Key takeaways

Rachel Reeves, in her first fiscal statement as Chancellor, has painted a challenging picture of the UK’s public finances, revealing significant...

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New superfund guidance reshapes UK pension management
Business Regulation

New superfund guidance reshapes UK pension management

2y Accountancy Age

New superfund guidance reshapes UK pension managem...

The UK’s Pensions Regulator (TPR) has unveiled updated guidance for superfunds, introducing pivotal changes that accountants and financial plann...

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Audit reform back on the agenda, but ‘the devil will be in the detail’
Audit

Audit reform back on the agenda, but ‘the devil will be in the detail’

2y Paul Brehony, partner at Signature Litigation LLP

Audit reform back on the agenda, but ‘the devil wi...

When King Charles delivered the first King’s speech for more than 70 years last November, there was palpable frustration across the accounting profess...

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Chair appointed at Centre for Public Interest Audit following announcement of incorporation
Audit

Chair appointed at Centre for Public Interest Audit following announcement ...

2y Accountancy Age

Chair appointed at Centre for Public Interest Audi...

The Centre for Public Interest Audit (CPIA), a new organisation that will bring together auditors from across the profession to shape best practice an...

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Labour government full speed ahead on audit reform
Audit

Labour government full speed ahead on audit reform

2y Accountancy Age

Labour government full speed ahead on audit reform

The recent King’s Speech has unveiled a raft of legislative proposals set to significantly reshape the landscape for accountants and auditors ac...

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