The PwC Australia Tax Scandal Explained: An Insider's Perspective
Accounting Standards

The PwC Australia Tax Scandal Explained: An Insider's Perspective

2y Rachael Kennedy

The PwC Australia Tax Scandal Explained: An Inside...

PwC's Australia tax scandal has led to significant changes, including over 300 job cuts and the refusal to share a crucial report with Australian parl...

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Two thirds of accountants say poor HMRC services hurting small businesses
ACCA

Two thirds of accountants say poor HMRC services hurting small businesses

2y Rachael King

Two thirds of accountants say poor HMRC services h...

Following the Chancellor’s Spring Budget on March 6, the Association of Chartered Certified Accountants (ACCA) surveyed its members for their insight ...

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Bank of England holds interest rate steady, signaling cautious optimism for future cuts amid economic recovery
More News

Bank of England holds interest rate steady, signaling cautious optimism for...

2y Accountancy Age

Bank of England holds interest rate steady, signal...

The Bank of England maintains the interest rate at 5.25%, reflecting optimism for economic recovery and potential future rate cuts, amidst signs of ea...

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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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Is the wage chill enough? BoE waits and watches
More News

Is the wage chill enough? BoE waits and watches

2y Accountancy Age

Is the wage chill enough? BoE waits and watches

UK wage growth cools, sparking debate within the Bank of England. Will a slowdown be enough to tame inflation and avoid interest rate hikes? Household...

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ACCA welcomes HMRC move to require tax agents to belong to a professional body
ACCA

ACCA welcomes HMRC move to require tax agents to belong to a professional b...

2y Accountancy Age

ACCA welcomes HMRC move to require tax agents to b...

Regulation needs careful consideration to ensure fairness and proportionality for taxpayers and agents Read More...

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Working families urged to tap into HMRC's Tax-Free Childcare scheme for Easter savings
More News

Working families urged to tap into HMRC's Tax-Free Childcare scheme for Eas...

2y Accountancy Age

Working families urged to tap into HMRC's Tax-Free...

Working parents can save on Easter childcare with the Tax-Free Childcare scheme. Read More...

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UK accounting watchdog mulls historic move out of city
More News

UK accounting watchdog mulls historic move out of city

2y Accountancy Age

UK accounting watchdog mulls historic move out of ...

UK's accounting watchdog, the FRC, eyes a move out of London's financial center by year-end. Canary Wharf or Stratford are potential new hubs, reflect...

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Embarking on modernisation: HMRC launches MTD ITSA Pilot for a streamlined tax system
HMRC

Embarking on modernisation: HMRC launches MTD ITSA Pilot for a streamlined ...

2y Accountancy Age

Embarking on modernisation: HMRC launches MTD ITSA...

HMRC's MTD ITSA pilot, launching on 22 April 2024, aims to modernize the UK tax system by requiring digital record-keeping and quarterly updates for s...

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Ethical Vigilance in Accounting: Navigating Risks and Upholding Integrity for Global Economic Stability
Accounting Standards

Ethical Vigilance in Accounting: Navigating Risks and Upholding Integrity f...

2y Accountancy Age

Ethical Vigilance in Accounting: Navigating Risks ...

Accountants and accounting firms play a crucial role in maintaining financial integrity, facing ethical dilemmas and regulatory challenges. Adherence ...

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Sustainability reporting revolution: UK & EU lead the charge
ESG

Sustainability reporting revolution: UK & EU lead the charge

2y Accountancy Age

Sustainability reporting revolution: UK & EU lead ...

UK and EU lead in transforming sustainability reporting, requiring businesses to adopt strategic, compliant approaches for ESG matters, with Chartered...

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Tax savvy spring: Your guide to the UK Budget 2024
Tax

Tax savvy spring: Your guide to the UK Budget 2024

2y Accountancy Age

Tax savvy spring: Your guide to the UK Budget 2024

The UK Budget 2024 brings tax changes for businesses! Dive in to understand how reduced National Insurance Contributions and Capital Gains Tax adjustm...

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Almost half of accountants believe accountancy is viewed as a stuffy, dull profession
Skills

Almost half of accountants believe accountancy is viewed as a stuffy, dull ...

2y Accountancy Age

Almost half of accountants believe accountancy is ...

New data from cloud accounting provider, FreeAgent sheds light on the true nature of the accounting profession. Read More...

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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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Mind your head (room)! What could we expect in next week’s Budget?
Budget

Mind your head (room)! What could we expect in next week’s Budget?

2y Robert Marchant

Mind your head (room)! What could we expect in nex...

Is there headroom for tax cuts in next week’s Budget, and if so, what will they be? The ‘headroom’ is, of course, a wholly fictitious number, created ...

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UK businesses on tenterhooks ahead of UK Spring Budget 2024
Budget

UK businesses on tenterhooks ahead of UK Spring Budget 2024

2y Accountancy Age

UK businesses on tenterhooks ahead of UK Spring Bu...

As the UK braces for the Spring Budget 2024, businesses across the nation are keenly awaiting Chancellor Jeremy Hunt’s fiscal announcements. Wit...

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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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Thomson Reuters buys Pagero in $800 million deal
Accounting Software

Thomson Reuters buys Pagero in $800 million deal

2y Accountancy Age

Thomson Reuters buys Pagero in $800 million deal

Thomson Reuters has successfully acquired Pagero, a Swedish e-invoicing and tax solutions company, for approximately $800 million. The content and tec...

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New cloud architecture from Sovos' could cut tax and compliance burden
Cloud

New cloud architecture from Sovos' could cut tax and compliance burden

2y Accountancy Age

New cloud architecture from Sovos' could cut tax a...

What if tax and compliance reporting were all in the same place? Read More...

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Ten Budget predictions from the MHA tax partners
Budget

Ten Budget predictions from the MHA tax partners

2y MHA

Ten Budget predictions from the MHA tax partners

As we get closer to the Budget and there is talk of public spending reduction to fund his proposals, we think a cut by the Chancellor to the headline ...

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HMRC admits MTD will be costly for landlords
HMRC

HMRC admits MTD will be costly for landlords

2y Rachael King

HMRC admits MTD will be costly for landlords

HM Revenue & Customs (HMRC) has acknowledged the financial and time costs that landlords will face due to the Making Tax Digital (MTD) initiative....

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Survey finds UK tax policies stifling business growth and innovation
Tax

Survey finds UK tax policies stifling business growth and innovation

2y Accountancy Age

Survey finds UK tax policies stifling business gro...

UK tax policies are restricting business growth and innovation, according to new research by UK top ten accountancy and advisory firm Azets. With just...

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75% of independent hospitality businesses say a VAT cut is vital to their survival
Tax

75% of independent hospitality businesses say a VAT cut is vital to their s...

2y Accountancy Age

75% of independent hospitality businesses say a VA...

The UK Treasury must act now to prevent the avoidable damage that is being done to small and micro businesses by acute inflationary pressures across t...

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HM Treasury adds uncertainty on AML reform
HMRC

HM Treasury adds uncertainty on AML reform

2y 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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HMRC collects £1bn in unpaid tax from landfill tax investigations  
HMRC

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

2y 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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SME's struggle to recruit apprentices due to high costs, BDO report reveals
Business

SME's struggle to recruit apprentices due to high costs, BDO report reveals

2y Accountancy Age

SME's struggle to recruit apprentices due to high ...

Ending the skills crisis is the top priority for businesses ahead of a general election, but BDO's research shows there are huge regional disparities ...

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