When banks fail, businesses pay—The Barclays outage lesson
Business Regulation

When banks fail, businesses pay—The Barclays outage lesson

7m Marina Mouka

When banks fail, businesses pay—The Barclays outag...

On Friday, January 31, 2025, Barclays experienced a significant IT outage that disrupted various banking services, including online and mobile banking...

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The UK economy in 2025: Resilient or running on empty?
2025 Predictions

The UK economy in 2025: Resilient or running on empty?

8m Marina Mouka

The UK economy in 2025: Resilient or running on em...

The UK has entered 2025 at a crossroads. While global growth is set to continue at a modest pace, Britain faces a far more delicate balancing act. Wit...

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The £140 billion debt crisis threatening UK council budgets
Economy

The £140 billion debt crisis threatening UK council budgets

8m 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

8m 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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UK SME confidence reaches historic low, ACCA says
ACCA

UK SME confidence reaches historic low, ACCA says

8m Accountancy Age

UK SME confidence reaches historic low, ACCA says

The fall in confidence comes following the announcement of large tax rises for UK employers in the recent Autumn Budget Read More...

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HMRC releases updated guidance for Making Tax Digital testers
HMRC

HMRC releases updated guidance for Making Tax Digital testers

8m Accountancy Age

HMRC releases updated guidance for Making Tax Digi...

HMRC has issued new guidance aimed at taxpayers participating in the Making Tax Digital for Income Tax (MTD IT) testing programme. The update provides...

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UK borrowing costs hit 16-year high as pound slumps
Budget

UK borrowing costs hit 16-year high as pound slumps

8m Accountancy Age

UK borrowing costs hit 16-year high as pound slump...

Accountants urged to monitor fiscal impact amid rising debt concerns Read More...

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2025: Can accountants turn the tide on trust and growth?
2025 Predictions

2025: Can accountants turn the tide on trust and growth?

8m Accountancy Age

2025: Can accountants turn the tide on trust and g...

As 2025 dawns, accountants find themselves at the heart of an economy still navigating the aftershocks of a global pandemic, seismic political shifts,...

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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

8m 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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AI, sustainability and regulatory push set to transform Pharma in 2025
Budget 2024

AI, sustainability and regulatory push set to transform Pharma in 2025

8m Nigel Layton, Partner, Global Head of Pharma and Life Sciences at Forvis Mazars

AI, sustainability and regulatory push set to tran...

The pharma and life sciences industry faces a dynamic year ahead, driven by AI, sustainability, and evolving regulations. Stricter ESG reporting and ...

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Sector Spotlight: What does the Budget mean for the life sciences sector in 2025?
Budget 2024

Sector Spotlight: What does the Budget mean for the life sciences sector in...

10m Nigel Layton Partner, Head of Pharma & Life Sciences at Forvis Mazars

Sector Spotlight: What does the Budget mean for th...

As we step into 2025, the effects of the Autumn Budget 2024 will start to take shape, leaving businesses in the Pharma and Life Sciences sector grappl...

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UK Government announces permanent business rates cut for highstreet
Budget

UK Government announces permanent business rates cut for highstreet

10m Accountancy Age

UK Government announces permanent business rates c...

To fund this sustainably, the top one percent of high-value properties, such as large warehouses used by online giants will be asked to pay more to su...

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Why are only 20% of businesses prepared for climate-related disasters?
Business

Why are only 20% of businesses prepared for climate-related disasters?

10m Accountancy Age

Why are only 20% of businesses prepared for climat...

A new report from the Association of Chartered Certified Accountants (ACCA) has revealed a concerning lack of preparedness among businesses and organi...

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Everything you need to know about the UK Finance Bill 2025
Economy

Everything you need to know about the UK Finance Bill 2025

10m Accountancy Age

Everything you need to know about the UK Finance B...

The UK’s tax landscape faces its most significant overhaul in decades with the new Finance Bill potentially marking the end of non-dom tax statu...

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Reeves' Budget could be a financial squeeze that forces GPs to the edge
Budget

Reeves' Budget could be a financial squeeze that forces GPs to the edge

10m Katie Collin, Partner, Ramsey Brown

Reeves' Budget could be a financial squeeze that f...

Before the Budget, Speaker of the Commons Sir Lindsay Hoyle criticised the Chancellor for her readiness to chat to the media and openly disclose the c...

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Budget Snapshot: The green agenda that looks beyond the tax breaks
Budget

Budget Snapshot: The green agenda that looks beyond the tax breaks

10m Accountancy Age

Budget Snapshot: The green agenda that looks beyon...

The UK government’s Autumn Budget 2024 has placed a strong emphasis on sustainability, with significant funds directed towards green investment initia...

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Budget Focus: MTD ITSA expands to sold traders and landlords
Budget 2024

Budget Focus: MTD ITSA expands to sold traders and landlords

10m Accountancy Age

Budget Focus: MTD ITSA expands to sold traders and...

In the latest Autumn Budget, the UK government doubled down on its commitment to digitalising tax processes, announcing that Making Tax Digital for In...

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Budget Focus: Do we really need 1800 new HMRC debt collectors?
Budget

Budget Focus: Do we really need 1800 new HMRC debt collectors?

11m Accountancy Age

Budget Focus: Do we really need 1800 new HMRC debt...

The UK Autumn Budget of 2024 has sharpened the focus on reducing the tax gap by amplifying both financial pressure on overdue tax payments and enforce...

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Autumn Budget 2024: Industry reactions
Budget

Autumn Budget 2024: Industry reactions

11m Rachael Kennedy

Autumn Budget 2024: Industry reactions

Following the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...

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Will Labour's Budget clip the wings of R&D tax credits?
Budget

Will Labour's Budget clip the wings of R&D tax credits?

11m Accountancy Age

Will Labour's Budget clip the wings of R&D tax cre...

As Chancellor Rachel Reeves gears up to unveil Labour’s first budget, speculation is rife about the fate of one of the most influential financial ince...

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Over half of accountants call for tax reforms to support small businesses
Brexit & Economy

Over half of accountants call for tax reforms to support small businesses

11m Accountancy Age

Over half of accountants call for tax reforms to s...

Accountants are calling on the new Labour government to provide more support for UK small businesses by introducing legislative reforms and simplifyin...

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A chartered accountant’s message to government
Brexit & Economy

A chartered accountant’s message to government

11m Alan Vallance, CEO, ICAEW

A chartered accountant’s message to government

As CEO of chartered accountancy body ICAEW, Alan Vallance shares his message to Rachel Reeves that an urgent review of the UK’s tax system is needed, ...

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Rachel Reeves' Budget is coming: What are accountants seeing in their crystal balls?
Budget

Rachel Reeves' Budget is coming: What are accountants seeing in their cryst...

11m Accountancy Age

Rachel Reeves' Budget is coming: What are accounta...

As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping changes to the tax lan...

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Taxpayers spent over 700 years on hold with HMRC as wait times worsen
HMRC

Taxpayers spent over 700 years on hold with HMRC as wait times worsen

11m Accountancy Age

Taxpayers spent over 700 years on hold with HMRC a...

Taxpayers in the UK collectively spent more than 719 years on the phone waiting to speak with HM Revenue and Customs (HMRC) in the year ending June 30...

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Is the R&D tax credit regime still fit for purpose?
HMRC

Is the R&D tax credit regime still fit for purpose?

11m Nigel Layton, Partner and Head of Pharma & Life Sciences at Forvis Mazars

Is the R&D tax credit regime still fit for purpose...

Recent developments suggest that the R&D tax credit regime, established almost 25 years ago to support innovative UK businesses, is facing critica...

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IFS calls on Labour for ‘serious reforms’ of capital gains tax
Budget

IFS calls on Labour for ‘serious reforms’ of capital gains tax

11m Accountancy Age

IFS calls on Labour for ‘serious reforms’ of capit...

As Labour prepares for its first Budget under Chancellor Rachel Reeves, the Institute for Fiscal Studies (IFS) is urging the party to pursue sweeping ...

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BoE holds rates but signals cautious approach to inflation
Brexit & Economy

BoE holds rates but signals cautious approach to inflation

12m Rachael Kennedy

BoE holds rates but signals cautious approach to i...

The Bank of England’s Monetary Policy Committee (MPC) voted 8-1 to maintain the Bank Rate at 5% in its September meeting, underscoring the centr...

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