Cross-border compliance is hindering business growth - research
Business Regulation

Cross-border compliance is hindering business growth - research

2y Rachael Kennedy

Cross-border compliance is hindering business grow...

Over 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...

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Chancellor unveils £7.3 billion National Wealth Fund to bolster private sector investment
Economy

Chancellor unveils £7.3 billion National Wealth Fund to bolster private sec...

2y Accountancy Age

Chancellor unveils £7.3 billion National Wealth Fu...

The Chancellor of the Exchequer, Rachel Reeves, has announced the creation of a £7.3 billion National Wealth Fund (NWF), a pivotal move by the newly e...

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Audit reforms, sustainability and industrial strategy key to Starmer's economic growth pledge
Accounting Firms

Audit reforms, sustainability and industrial strategy key to Starmer's econ...

2y Accountancy Age

Audit reforms, sustainability and industrial strat...

The UK’s new Labour government must commit to taking forward audit and corporate governance reform and legislate to clear the local audit backlog in E...

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Breaking news: Insights into Labour's victory
Brexit & Economy

Breaking news: Insights into Labour's victory

2y Accountancy Age

Breaking news: Insights into Labour's victory

The recent decisive victory of the Labour Party in the UK’s general election will undoubtedly send ripples through the nation’s financial ...

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UK business owners want easing of EU trade barriers and cuts to VAT from next Government, shows survey
Brexit

UK business owners want easing of EU trade barriers and cuts to VAT from ne...

2y Accountancy Age

UK business owners want easing of EU trade barrier...

Many businesses still struggling with post-Brexit trade friction Read More...

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Is there a need to overhaul local auditing processes in the UK?
Audit

Is there a need to overhaul local auditing processes in the UK?

2y Accountancy Age

Is there a need to overhaul local auditing process...

Following the recent publication of supplementary guidance by the National Audit Office (NAO), the Institute of Chartered Accountants in England and W...

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Election tax policies under scrutiny, accountants demand transparency and innovation
Brexit & Economy

Election tax policies under scrutiny, accountants demand transparency and i...

2y Rachael Kennedy

Election tax policies under scrutiny, accountants ...

As the UK gears up for the general election, accounting and tax experts are calling on the incoming government to address critical gaps in tax policie...

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Overtime pay sees HMRC wage bill rise by £5.5m following significant job cuts
HMRC

Overtime pay sees HMRC wage bill rise by £5.5m following significant job cu...

2y Rachael Kennedy

Overtime pay sees HMRC wage bill rise by £5.5m fol...

New research from The Global Payroll Association (GPA), reveals that HMRC has reduced its core workforce by -3.8% in the past year, but that this staf...

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Forget national service, focus on financial literacy
Economy

Forget national service, focus on financial literacy

2y Accountancy Age

Forget national service, focus on financial litera...

TikTok accountant launches SME advice podcast on UN Micro and SME day, 27 June Read More...

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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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Fraud remains a major problem as over £1 billion is stolen by criminals in 2023
Brexit & Economy

Fraud remains a major problem as over £1 billion is stolen by criminals in ...

2y Rachael Kennedy

Fraud remains a major problem as over £1 billion i...

UK Finance releases its 2024 annual fraud report, detailing the amount its members reported as stolen through payment fraud and scams in 2023. Read Mo...

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Do HMRC's customer service woes demand accountant intervention?
HMRC

Do HMRC's customer service woes demand accountant intervention?

2y Accountancy Age

Do HMRC's customer service woes demand accountant ...

HMRC’s telephone customer service is failing to meet expectations, with taxpayers experiencing an average wait time of nearly 23 minutes in the first ...

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Treasury announces £51 million to bring HMRC phonelines back up to target
HMRC

Treasury announces £51 million to bring HMRC phonelines back up to target

2y Accountancy Age

Treasury announces £51 million to bring HMRC phone...

The funding comes alongside HMRC’s long-term strategy for taxpayers to use digital options for queries in the first instance Read More...

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Foreign tax authorities made 9.5m disclosures to HMRC about UK taxpayers last year – 48% rise since 2019
HMRC

Foreign tax authorities made 9.5m disclosures to HMRC about UK taxpayers la...

2y Accountancy Age

Foreign tax authorities made 9.5m disclosures to H...

Data from tax authorities overseas help HMRC identify individuals who may be evading tax through offshore assets Read More...

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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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HMRC collected £95.2 billion in business taxes in the last tax year
Brexit & Economy

HMRC collected £95.2 billion in business taxes in the last tax year

2y Accountancy Age

HMRC collected £95.2 billion in business taxes in ...

Tax take rises by almost 5% in 23-24 but income taxes jump by 10% Read More...

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