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

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

3y 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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HM Treasury adds uncertainty on AML reform
HMRC

HM Treasury adds uncertainty on AML reform

3y Accountancy Age

HM Treasury adds uncertainty on AML reform

HM Treasury’s response to questions posed by the Association of Accounting Technicians (AAT) regarding proposed reforms to anti-money laundering...

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Slowing client demand stems promotions at PwC
Audit

Slowing client demand stems promotions at PwC

3y 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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HMRC collects £1bn in unpaid tax from landfill tax investigations  
HMRC

HMRC collects £1bn in unpaid tax from landfill tax investigations  

3y Accountancy Age

HMRC collects £1bn in unpaid tax from landfill tax...

  HMRC has collected £1bn in extra revenue from investigations into underpaid landfill tax over the past 5 years, with £281m collected in the las...

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R&D tax changes risk deterring business investment, Lords report warns
HMRC

R&D tax changes risk deterring business investment, Lords report warns

3y Accountancy Age

R&D tax changes risk deterring business investment...

The House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...

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IESBA floats stricter ESG reporting standards for review
Accounting Standards

IESBA floats stricter ESG reporting standards for review

3y 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

3y 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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HMRC to mandate payrolling of benefits from April 2026: Implications and preparations for accountants
Business

HMRC to mandate payrolling of benefits from April 2026: Implications and pr...

3y Accountancy Age

HMRC to mandate payrolling of benefits from April ...

This regulatory update aims to simplify the reporting process, reduce administrative burdens, increase accuracy, and provide real-time reporting capab...

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ACCA survey reveals declining confidence among accountants,
Brexit & Economy

ACCA survey reveals declining confidence among accountants,

3y Accountancy Age

ACCA survey reveals declining confidence among acc...

The GECS report indicates that concerns among accountants about increased costs have eased slightly. However, these concerns remain elevated by histor...

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Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know
Budget

Jeremy Hunt hints at further tax cuts at Davos: What accountants need to kn...

3y Rachael Kennedy

Jeremy Hunt hints at further tax cuts at Davos: Wh...

UK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...

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84% of tax professionals fear double taxation as Pillar 2 looms
Corporate Tax

84% of tax professionals fear double taxation as Pillar 2 looms

3y Accountancy Age

84% of tax professionals fear double taxation as P...

The legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...

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Grant Thornton warns 40% of UK Councils are at risk of financial failure
Brexit & Economy

Grant Thornton warns 40% of UK Councils are at risk of financial failure

3y Accountancy Age

Grant Thornton warns 40% of UK Councils are at ris...

It is critical that a more comprehensive overhaul of both local government finance and models for social care is undertaken to address local councils'...

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Accountants will need to step in to help with the EU's Carbon Border Adjustment Mechanism
Brexit

Accountants will need to step in to help with the EU's Carbon Border Adjust...

3y Rachael Kennedy

Accountants will need to step in to help with the ...

As the European Union’s Carbon Border Adjustment Mechanism (CBAM)unfolds, it heralds more than a policy shift—it’s reshaping the global tr...

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FRC urged to reconsider enforcement criteria amidst industry evolution
Accounting Standards

FRC urged to reconsider enforcement criteria amidst industry evolution

3y Accountancy Age

FRC urged to reconsider enforcement criteria amids...

Changes will help to make accounting profession more attractive, ICAEW boss says Read More...

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No early Christmas gifts from Threadneedle Street, but next rate move most likely down
Brexit & Economy

No early Christmas gifts from Threadneedle Street, but next rate move most ...

3y Jonathan Ashworth , Chief economist, ACCA

No early Christmas gifts from Threadneedle Street,...

MPC remains hawkish, but rates have likely peaked Read More...

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Is consolidation the answer to the UK’s R&D advisory problem?
HMRC

Is consolidation the answer to the UK’s R&D advisory problem?

3y Rachael Kennedy

Is consolidation the answer to the UK’s R&D adviso...

Amidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...

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Should the Autumn Statement have been tougher on late payments?
Budget

Should the Autumn Statement have been tougher on late payments?

3y Institute of Financial Account...

Should the Autumn Statement have been tougher on l...

With an Autumn Statement that has received mixed reviews, one aspect that has flown somewhat under the radar is the commitment to public sector paymen...

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Phil Thompson loses IR35 case
HMRC

Phil Thompson loses IR35 case

3y Accountancy Age

Phil Thompson loses IR35 case

The recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...

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HMRC shifts greater responsibility to insolvency practitioners following cessation tax clearance services
HMRC

HMRC shifts greater responsibility to insolvency practitioners following ce...

3y Accountancy Age

HMRC shifts greater responsibility to insolvency p...

Will the absence of these clearances increases the risk of discovering tax liabilities after the dissolution of the company, leading to financial burd...

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New HMRC tax rules set to impact online sellers
HMRC

New HMRC tax rules set to impact online sellers

3y Rachael Kennedy

New HMRC tax rules set to impact online sellers

From January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...

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COP28: Accounting bodies call for action on climate-related reporting disclosures
Accounting Standards

COP28: Accounting bodies call for action on climate-related reporting discl...

3y Rachael Kennedy

COP28: Accounting bodies call for action on climat...

Effective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...

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Kaye Adams defeat of HMRC should set IR35 precedent
Brexit & Economy

Kaye Adams defeat of HMRC should set IR35 precedent

3y Accountancy Age

Kaye Adams defeat of HMRC should set IR35 preceden...

Landmark victory for UK freelancers as media Presenter Kaye Adams wins nine-year IR35 case against HMRC Read More...

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HMRC launches campaign targeting crypto tax evaders
Digital assets

HMRC launches campaign targeting crypto tax evaders

3y Accountancy Age

HMRC launches campaign targeting crypto tax evader...

It is essential for crypto asset owners to take advantage of the new disclosure facility and seek specialist advice when necessary Read More...

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Master the art of end-of-year prep for Limited Company clients
Business

Master the art of end-of-year prep for Limited Company clients

3y Accountancy Age

Master the art of end-of-year prep for Limited Com...

Discover the critical aspects of end-of-year preparation for accountants managing limited company clients, from tax planning to compliance and effecti...

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HMRC's new taxation rules for freelancers will mean significant adjustments
HMRC

HMRC's new taxation rules for freelancers will mean significant adjustments

3y Accountancy Age

HMRC's new taxation rules for freelancers will mea...

Navigate the complexities of HMRC's new tax rules for freelancers and partnerships with our in-depth analysis of the upcoming changes for the 2024-25 ...

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Helping businesses manage labour costs
Brexit & Economy

Helping businesses manage labour costs

3y Accountancy Age

Helping businesses manage labour costs

Discover how accountants can help businesses adapt to the new higher living wage, focusing on budgeting, financial planning, and compliance strategies...

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Autumn Statement preview 2023
Budget

Autumn Statement preview 2023

3y Greg Noble

Autumn Statement preview 2023

Jeremy Hunt has made it clear that his main priority is to continue to reduce inflation ahead of the next election Read More...

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