Making Tax Digital hits 800,000 in the first wave of reform
HMRC

Making Tax Digital hits 800,000 in the first wave of reform

3h Accountancy Age

Making Tax Digital hits 800,000 in the first wave ...

Nearly 800,000 self-employed individuals and landlords earning over £50,000 will need to overhaul how they handle income tax, as HMRC prepares to roll...

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Farage promises £20k tax-free threshold - but at what cost?
Budget

Farage promises £20k tax-free threshold - but at what cost?

2d Accountancy Age

Farage promises £20k tax-free threshold - but at w...

Nigel Farage has pledged to raise the personal tax-free allowance to £20,000, a move the Institute for Fiscal Studies says could cost up to £80bn annu...

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Taxpayer wins £1.7k tribunal case after HMRC emails went to junk
Administration

Taxpayer wins £1.7k tribunal case after HMRC emails went to junk

1w Accountancy Age

Taxpayer wins £1.7k tribunal case after HMRC email...

Denise Howarth, a self-assessment taxpayer with a previously spotless record, has successfully overturned £1,770 in fines and interest after a tribuna...

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Business debt to HMRC hits £28bn per month
Business

Business debt to HMRC hits £28bn per month

1w Accountancy Age

Business debt to HMRC hits £28bn per month

Corporation Tax, VAT, and PAYE arrears surge as firms delay payments to preserve liquidity Read More...

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Intuit QuickBooks unveils MTD solution for multi-income tax payers
Accounting Software

Intuit QuickBooks unveils MTD solution for multi-income tax payers

2w Accountancy Age

Intuit QuickBooks unveils MTD solution for multi-i...

New platform launched at Accountex aims to reduce admin and simplify compliance for landlords and multi-source income taxpayers Read More...

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MTD named biggest challenge (and opportunity) for accountants in 2025
Making Tax Digital

MTD named biggest challenge (and opportunity) for accountants in 2025

3w Accountancy Age

MTD named biggest challenge (and opportunity) for ...

New survey shows a profession split between pressure and promise as April 2026 deadline looms Read More...

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HMRC faces criticism for delayed tax refunds and service changes
HMRC

HMRC faces criticism for delayed tax refunds and service changes

4w Accountancy Age

HMRC faces criticism for delayed tax refunds and s...

HM Revenue and Customs (HMRC) is facing mounting criticism after reports surfaced of significant delays in processing tax refunds, with some individua...

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ACCA urges FRC to ensure proportionate SME audit requirements
Accounting Standards

ACCA urges FRC to ensure proportionate SME audit requirements

4w Accountancy Age

ACCA urges FRC to ensure proportionate SME audit r...

The Association of Chartered Certified Accountants (ACCA) has called for a more balanced approach to audit regulations for small and medium-sized ente...

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Saffery LLP appoints Ami Jack as Head of National Tax team
Accounting Firms

Saffery LLP appoints Ami Jack as Head of National Tax team

1m Accountancy Age

Saffery LLP appoints Ami Jack as Head of National ...

Saffery LLP, a prominent top-15 accounting and advisory firm, has announced the appointment of Ami Jack as a partner and head of its National Tax team...

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Ballards LLP shortlisted for three Tolley’s Taxation Awards 2025
Accounting Firms

Ballards LLP shortlisted for three Tolley’s Taxation Awards 2025

1m Accountancy Age

Ballards LLP shortlisted for three Tolley’s Taxati...

Worcestershire-based accountancy firm Ballards LLP has been shortlisted for three categories at the Tolley’s Taxation Awards 2025. The firm, which ope...

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Reeves rules out wealth tax rises in Autumn Budget
Budget 2025

Reeves rules out wealth tax rises in Autumn Budget

1m Accountancy Age

Reeves rules out wealth tax rises in Autumn Budget

Chancellor Rachel Reeves has ruled out any increases to UK wealth taxes in the upcoming Autumn Budget, putting an end to speculation over potential hi...

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HMRC red tape casts UK SMEs £25bn a year
Accounting Firms

HMRC red tape casts UK SMEs £25bn a year

1m Accountancy Age

HMRC red tape casts UK SMEs £25bn a year

UK small businesses are facing an annual tax compliance burden nearing £25 billion, according to recent findings by the Federation of Small Businesses...

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Spring Statement 2025: Reeves cuts deep to keep fiscal pledge
Budget 2025

Spring Statement 2025: Reeves cuts deep to keep fiscal pledge

2m Marina Mouka

Spring Statement 2025: Reeves cuts deep to keep fi...

Chancellor Rachel Reeves took to the despatch box today with a Spring Statement that balanced caution with conviction. Presented as a fiscal update—no...

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Paving the way to tax efficiency with data-driven automation
Accounting Software

Paving the way to tax efficiency with data-driven automation

2m Accountancy Age

Paving the way to tax efficiency with data-driven ...

For decades, tax teams have been stuck in a cycle of manual data entry, fragmented reporting, and constant reconciliation. Now, automation is transfor...

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ICAEW marks 10 years of MTD with fresh concerns
HMRC

ICAEW marks 10 years of MTD with fresh concerns

2m Accountancy Age

ICAEW marks 10 years of MTD with fresh concerns

ICAEW warns that 10 years after its launch, MTD still brings high costs and complexity, urging taxpayers to prepare for the 2026 rollout. Read More...

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Business tax reforms from 6 April – Higher NICs, FHL changes & more
Budget 2025

Business tax reforms from 6 April – Higher NICs, FHL changes & more

3m Accountancy Age

Business tax reforms from 6 April – Higher NICs, F...

Businesses across the UK should prepare for several significant tax changes coming into effect from 6 April 2025, according to the ICAEW. While some o...

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The online accounts and Company Tax Return system to shut down in 2026
Companies House

The online accounts and Company Tax Return system to shut down in 2026

3m Accountancy Age

The online accounts and Company Tax Return system ...

Businesses that have relied on the joint online filing service for Company Tax Returns and accounts submissions will need to find alternative solution...

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IR35 reforms spark £4.2bn tax windfall
HMRC

IR35 reforms spark £4.2bn tax windfall

3m Accountancy Age

IR35 reforms spark £4.2bn tax windfall

HMRC’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...

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HMRC’s RTI system is failing UK employers, study finds
Accounting Standards

HMRC’s RTI system is failing UK employers, study finds

3m Marina Mouka

HMRC’s RTI system is failing UK employers, study f...

For 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...

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5 tax lessons for SMEs on Brexit’s 5th anniversary
Brexit & Economy

5 tax lessons for SMEs on Brexit’s 5th anniversary

3m Adam Owens, Partner for Tax Advisory at Xeinadin

5 tax lessons for SMEs on Brexit’s 5th anniversary

Five years on from Brexit, small and medium-sized businesses continue to face challenges from its tax and trade implications. It was hugely divisive, ...

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UK companies fall short on late filing fines, raising enforcement concerns
Corporate Governance

UK companies fall short on late filing fines, raising enforcement concerns

3m Accountancy Age

UK companies fall short on late filing fines, rais...

UK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major comp...

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EU mandates electronic VAT exemption certificates by 2032
Regulation

EU mandates electronic VAT exemption certificates by 2032

3m Accountancy Age

EU mandates electronic VAT exemption certificates ...

The European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional...

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UK drops tax crackdown on private equity and accountancies
HMRC

UK drops tax crackdown on private equity and accountancies

3m Accountancy Age

UK drops tax crackdown on private equity and accou...

The UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability part...

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The £140 billion debt crisis threatening UK council budgets
Economy

The £140 billion debt crisis threatening UK council budgets

4m Marina Mouka

The £140 billion debt crisis threatening UK counci...

Local councils across the UK are facing a fiscal crisis, with some proposing sharp council tax hikes to tackle mounting debt and budget shortfalls. Ei...

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The hidden struggles of UK SMEs during tax season
HMRC

The hidden struggles of UK SMEs during tax season

4m Marina Mouka

The hidden struggles of UK SMEs during tax season

The 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...

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A £1.13bn problem: HMRC’s crackdown on R&D tax errors
Corporate Tax

A £1.13bn problem: HMRC’s crackdown on R&D tax errors

5m Accountancy Age

A £1.13bn problem: HMRC’s crackdown on R&D tax err...

HM Revenue & Customs (HMRC) has launched a voluntary disclosure initiative aimed at companies that have overclaimed research and development (R&am...

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EU overhauls VAT rules for the Digital Age
Business

EU overhauls VAT rules for the Digital Age

7m Rachael Kennedy

EU overhauls VAT rules for the Digital Age

The European Union has made a significant stride in its ongoing efforts to modernise its value-added tax (VAT) system, with the European Council recen...

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