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

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

5m 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

5m 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

6m 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

6m 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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Thousands of businesses at risk of missing R&D tax relief
R&D

Thousands of businesses at risk of missing R&D tax relief

1y Accountancy Age

Thousands of businesses at risk of missing R&D tax...

Tens of thousands of businesses could potentially miss out on vital research and development (R&D) tax relief. New requirements for companies to p...

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5 ways to prepare for the new tax year
Tax

5 ways to prepare for the new tax year

1y Accountancy Age

5 ways to prepare for the new tax year

Stevie Heafford, Tax Partner at accountancy firm HW Fisher highlights five ways individuals can prepare, including the allowances they should maximise...

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Boost for small businesses as VAT threshold raised and business rates frozen
Economy

Boost for small businesses as VAT threshold raised and business rates froze...

1y Accountancy Age

Boost for small businesses as VAT threshold raised...

28,000 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...

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Strategic Tax Planning: Maximising efficiency as the Fiscal Year ends
Business

Strategic Tax Planning: Maximising efficiency as the Fiscal Year ends

1y Accountancy Age

Strategic Tax Planning: Maximising efficiency as t...

As the tax year ends on April 5, 2024, individuals and accountants can optimize financial strategies through pension contributions, charitable donatio...

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Close to two thirds of accountants consider talking openly about money as important to their financial wellbeing
Business

Close to two thirds of accountants consider talking openly about money as i...

1y Accountancy Age

Close to two thirds of accountants consider talkin...

61% say providing financial support for their family is of importance to them, with 77% currently doing so Read More...

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

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

1y 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

1y 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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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...

1y 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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UK Treasury faces £15 billion black hole by 2029 due to fuel duty freeze and rise of electric vehicles
UK Treasury

UK Treasury faces £15 billion black hole by 2029 due to fuel duty freeze an...

1y Accountancy Age

UK Treasury faces £15 billion black hole by 2029 d...

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...

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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...

1y 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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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 ...

1y 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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Tax savvy spring: Your guide to the UK Budget 2024
Tax

Tax savvy spring: Your guide to the UK Budget 2024

1y 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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UK Spring Budget 2024: Navigating a transformed fiscal landscape 
Budget

UK Spring Budget 2024: Navigating a transformed fiscal landscape 

1y 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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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?

1y 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

1y 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

1y 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

1y 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

1y 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

1y 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

1y 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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KPMG and Blue J launch AI tax tool
Big Four

KPMG and Blue J launch AI tax tool

1y Accountancy Age

KPMG and Blue J launch AI tax tool

The tool, Ask Blue J, will revolutionize tax research, allowing KPMG to predict tax outcomes and ask detailed tax-related questions. Read More...

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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

1y 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...

1y 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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