Chancellor Rachel Reeves took to the despatch box today with a Spring Statement that balanced caution with conviction. Presented as a fiscal update—no...
View articleFor decades, tax teams have been stuck in a cycle of manual data entry, fragmented reporting, and constant reconciliation. Now, automation is transfor...
View articleICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...
View articleBusinesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...
View articleBusinesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...
View articleHMRC’s enforcement of IR35 off-payroll working rules has generated an extra £4.2bn in tax over the past four years, affecting approximately 120,000 co...
View articleFor over a decade, HMRC’s Real-Time Information (RTI) system has been the backbone of payroll reporting in the UK. Introduced with the promise of impr...
View articleFive years on from Brexit, small and medium-sized businesses continue to face challenges from its tax and trade implications. It was hugely divisive, ...
View articleUK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major comp...
View articleThe European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional...
View articleThe UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...
View articleLocal councils across the UK are facing a fiscal crisis, with some proposing sharp council tax hikes to tackle mounting debt and budget shortfalls. Ei...
View articleThe end of January looms large for small business owners across the UK. It’s a time marked by long hours, frazzled nerves, and a desperate hunt for mi...
View articleHM Revenue & Customs (HMRC) has launched a voluntary disclosure initiative aimed at companies that have overclaimed research and development (R&am...
View articleThe European Union has made a significant stride in its ongoing efforts to modernise its value-added tax (VAT) system, with the European Council recen...
View articleRecent developments suggest that the R&D tax credit regime, established almost 25 years ago to support innovative UK businesses, is facing critica...
View articleAs Labour prepares for its first Budget under Chancellor Rachel Reeves, the Institute for Fiscal Studies (IFS) is urging the party to pursue sweeping ...
View articleThe landscape of tax compliance is undergoing a significant transformation. As regulatory frameworks become increasingly complex and client expectatio...
View articleHMRC is increasingly pursuing company directors (and other individuals connected with the management of companies) to pay outstanding tax bills that a...
View articleThe European Court of Justice (ECJ) has ruled against Apple in a high-profile €13 billion (£11 billion) tax case, overturning a previous lower court v...
View articleA 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...
View articleThe last couple of years has seen monumental changes within the R&D tax relief world. We are currently in an era where depending on when a compan...
View articleOriginally set up to be a generous scheme to position UK companies at the forefront of innovation, Research & Development Tax Relief is one of HMR...
View articleThe recent King’s Speech has unveiled a raft of legislative proposals set to significantly reshape the landscape for accountants and auditors ac...
View articleOver 80% of businesses around the world indicated that cross-border compliance complexity impacts their decision to sell into new markets, according t...
View articleMany businesses still struggling with post-Brexit trade friction Read More...
View articleAs 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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