The Liberal Democrats' 2024 manifesto, "For A Fair Deal," proposes significant tax reforms, focusing on fairness and sustainability. Key changes inclu...
View article2023 was a challenging year for the UK economy, which expanded by just 0.1%, and experienced a technical recession in the second half of the year. Adm...
View articleNearly eight in ten brokers (77%) believe that high street banks are scaling back their willingness to fund small and medium-sized businesses, accordi...
View articleUnder the Companies Act 2006 (“CA 2006”), it is a criminal offence for directors to file their company accounts late. Typically, there isn...
View articleOver half of SME decision makers have cited the potential change of government and political uncertainty as key concerns Read More...
View articleAs the UK gears up for a general election on July 4th, speculation is mounting about a possible finance bill that could be introduced in the final day...
View articleUK Finance releases its 2024 annual fraud report, detailing the amount its members reported as stolen through payment fraud and scams in 2023. Read Mo...
View articleHMRC’s telephone customer service is failing to meet expectations, with taxpayers experiencing an average wait time of nearly 23 minutes in the first ...
View articleThe funding comes alongside HMRC’s long-term strategy for taxpayers to use digital options for queries in the first instance Read More...
View articleData from tax authorities overseas help HMRC identify individuals who may be evading tax through offshore assets Read More...
View articleThe BoE holds interest rates at 5.25% amid economic uncertainty, reflecting a cautious approach to UK monetary policy and highlighting the critical ro...
View articleConcerns about how the Financial Conduct Authority (FCA) has applied the cost disclosure regime to investment trusts have been highlighted by the Hous...
View articleThe Construction, Food & Drug Retailers and General Retailer sectors in particular drove the increase in ‘significant’ financial distress, up 38.6%, 4...
View articleNow is the time to set out our standards in the accountancy profession once and for all Read More...
View articleNew powers to Companies House which came into effect on 4 March signal a series of sweeping changes to UK company law over the next two years. Jonatha...
View articleTax take rises by almost 5% in 23-24 but income taxes jump by 10% Read More...
View articleIn the midst of political flux, potential UK entrepreneurs are hesitating to launch new businesses, primarily due to the uncertainty brought about by ...
View articleAs the UK edges out of recession, accountants can advise SMEs on a range of options to grow. Warren Mead, CEO of Sumer, shares his top 5 tips Read Mor...
View articleThe ACCA and IMA Global Economic Conditions Survey (GECS) of accountants from across the world, recorded a moderate increase in confidence in Q1 2024 ...
View articleLabour's plan to reform HMRC includes increasing the workforce by 5,000, investing in technology, and closing the £36 billion tax gap, aiming for fair...
View articleThe Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...
View articleBritish Business Bank has agreed to widen scope of facility to allow support for soft as well as hard assets Read More...
View article28,000 small businesses freed from paying VAT, encouraging them to invest and grow as the threshold is raised from £85,000 to £90,000 Read More...
View articleFollowing the Chancellor’s Spring Budget on March 6, the Association of Chartered Certified Accountants (ACCA) surveyed its members for their insight ...
View articleUK'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...
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'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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