A decade of frozen rates takes a toll Successive Conservative governments have maintained a freeze on fuel duty since 2011, a policy that has proven p...
View articleWorking parents can save on Easter childcare with the Tax-Free Childcare scheme. Read More...
View articleHMRC'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...
View articleThe UK Budget 2024 brings tax changes for businesses! Dive in to understand how reduced National Insurance Contributions and Capital Gains Tax adjustm...
View articleThe UK's Spring Budget 2024 prioritises stability, growth, and fairness. Explore key reforms in public spending, tax, and inflation, and their impact ...
View articleIs 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 ...
View articleAs the UK braces for the Spring Budget 2024, businesses across the nation are keenly awaiting Chancellor Jeremy Hunt’s fiscal announcements. Wit...
View articleThe 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...
View articleThomson Reuters has successfully acquired Pagero, a Swedish e-invoicing and tax solutions company, for approximately $800 million. The content and tec...
View articleWhat if tax and compliance reporting were all in the same place? Read More...
View articleAs 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 ...
View articleHM Revenue & Customs (HMRC) has acknowledged the financial and time costs that landlords will face due to the Making Tax Digital (MTD) initiative....
View articleThe tool, Ask Blue J, will revolutionize tax research, allowing KPMG to predict tax outcomes and ask detailed tax-related questions. Read More...
View articleUK tax policies are restricting business growth and innovation, according to new research by UK top ten accountancy and advisory firm Azets. With just...
View articleThe 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...
View articleThe tax AI assistant tool cross references and has been trained on case law, legislation and other underlying sources, together with PwC UK’s own IP R...
View articleHMRC has collected £1bn in extra revenue from investigations into underpaid landfill tax over the past 5 years, with £281m collected in the las...
View articleAmidst complex regulations and a crackdown on fraud, UK accounting firms are increasingly turning to outsourcing as a strategic approach to ensure com...
View articleThe House of Lords Economic Affairs Finance Bill Sub-Committee has published a report today (February 1) raising concerns over the Government’s ...
View articleHMRC tax investigations into individuals and small businesses have increased in the last year from 232,000 in 2021/22 to 248,000 in 2022/23*, accordin...
View articleUK 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...
View articleThe legislation, which introduces a global minimum tax of at least 15% for multinational enterprises, aims to limit tax competition and ensure large c...
View articleFounded in 1892, MHA Moore and Smalley will merge with it's parent network in April 2024 Read More...
View articleHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe upcoming tax changes in 2024 will significantly impact businesses and individuals in the UK. Accountants play a crucial role in helping clients na...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleAccountants must stay vigilant, adapt their tax strategies to evolving regulations, prioritize transparency, and foster collaboration with tax authori...
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