Tax hikes drive UK businesses to bet on AI over new hires
AI in Accounting

Tax hikes drive UK businesses to bet on AI over new hires

6m Accountancy Age

Tax hikes drive UK businesses to bet on AI over ne...

As the UK gears up for increases in National Insurance and the minimum wage this April, businesses are reassessing their workforce strategies. Faced w...

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Accountancy people moves: February 2025
Company News

Accountancy people moves: February 2025

6m Accountancy Age

Accountancy people moves: February 2025

Each month, Accountancy Age delivers a comprehensive update on the key people moves and promotions among the UK accountancy market’s top firms. In Mar...

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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

6m 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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PwC leads FTSE as PKF Littlejohn eyes top spot in AIM auditor rankings
Accounting Firms

PwC leads FTSE as PKF Littlejohn eyes top spot in AIM auditor rankings

6m Accountancy Age

PwC leads FTSE as PKF Littlejohn eyes top spot in ...

As UK audit firms reshuffle their client portfolios, the latest Corporate Advisers Rankings Guide (CARG) for Q1 2025 highlights shifting competitive d...

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Why AI in accounting needs more than just technology
ACCA

Why AI in accounting needs more than just technology

6m Accountancy Age

Why AI in accounting needs more than just technolo...

Artificial intelligence is redefining the accounting profession, but not in the way most imagined. While AI’s ability to automate tasks, analyze entir...

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Brussels retreats on ESG rules—80% of firms to skip mandatory reporting
Corporate Governance

Brussels retreats on ESG rules—80% of firms to skip mandatory reporting

6m Marina Mouka

Brussels retreats on ESG rules—80% of firms to ski...

The European Commission has unveiled sweeping changes to sustainability reporting requirements under its Omnibus Simplification Package, a move that w...

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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

6m 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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FCA flags gaps in suitability reviews despite high compliance
Business Regulation

FCA flags gaps in suitability reviews despite high compliance

6m Accountancy Age

FCA flags gaps in suitability reviews despite high...

The UK’s Financial Conduct Authority (FCA) has found that most financial advice firms are delivering suitability reviews as required, but gaps remain ...

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Grant Thornton launches new advisory service for fast-growth businesses
Corporate Finance

Grant Thornton launches new advisory service for fast-growth businesses

6m Marina Mouka

Grant Thornton launches new advisory service for f...

Grant Thornton UK LLP has launched a new national Entrepreneurial and SME Services team to support fast-growing businesses and startups with tailored ...

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AAT appoints Sir Stephen Hillier as Board Chair
Company News

AAT appoints Sir Stephen Hillier as Board Chair

6m Accountancy Age

AAT appoints Sir Stephen Hillier as Board Chair

The Association of Accounting Technicians (AAT) has named Sir Stephen Hillier as its inaugural Board Chair, a move that signals a sweeping overhaul of...

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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

6m 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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UK finance has lost 10,000 firms since 2020, study shows
Brexit & Economy

UK finance has lost 10,000 firms since 2020, study shows

6m Accountancy Age

UK finance has lost 10,000 firms since 2020, study...

The UK’s financial sector has contracted significantly since 2020, with nearly 10,000 firms disappearing in just four years, according to new data fro...

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Digital transformation priorities for UK accounting firms: Strategic roadmap for 2025
Accounting Firms

Digital transformation priorities for UK accounting firms: Strategic roadma...

6m Mohammed Sidat, Associate Product Technology Director, Wolters Kluwer TAA UK

Digital transformation priorities for UK accountin...

It’s official, accounting firms with at least 75% technology integration are 63% more likely to report significant revenue growth compared to le...

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The real AI divide in accounting is between the fearful and the fearless
Accounting Firms

The real AI divide in accounting is between the fearful and the fearless

6m Marina Mouka

The real AI divide in accounting is between the fe...

Two accounting firms, same size, same market, same tools. One is scaling rapidly, rolling out new services, and attracting top-tier clients. The other...

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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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UK government consultation sparks debate on e-invoicing adoption
HMRC

UK government consultation sparks debate on e-invoicing adoption

6m Marina Mouka

UK government consultation sparks debate on e-invo...

The UK government has launched a consultation to explore the wider adoption of electronic invoicing (e-invoicing) in business transactions, a move tha...

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Forvis Mazars announces new UK Executive team
Accounting Firms

Forvis Mazars announces new UK Executive team

6m Accountancy Age

Forvis Mazars announces new UK Executive team

Forvis Mazars has announced a new Executive team to lead its UK operations, with five new appointments joining CEO James Gilbey’s leadership group. Th...

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Moore Global reports record revenues following private equity investment
Accounting Firms

Moore Global reports record revenues following private equity investment

6m Accountancy Age

Moore Global reports record revenues following pri...

Moore Global, a leading accountancy network, reported record revenues of $5.1 billion in 2024, marking a 13% increase from the previous year. The firm...

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Azets expands into Sweden’s audit and advisory market with KPMG acquisition
Kpmg

Azets expands into Sweden’s audit and advisory market with KPMG acquisition

6m Accountancy Age

Azets expands into Sweden’s audit and advisory mar...

Azets has agreed to acquire part of KPMG Sweden’s business, marking a strategic move into the country’s audit and advisory market. The deal will see A...

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How to lose a month of work and still feel busy
Accounting Firms

How to lose a month of work and still feel busy

6m Accountancy Age

How to lose a month of work and still feel busy

Accounting firms pride themselves on precision. Every number balanced, every transaction documented, every report filed on time. Yet beneath this well...

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How we can solve the skills shortage in finance
Skills

How we can solve the skills shortage in finance

6m Sarah Beale, CEO, Association of Accounting Technicians

How we can solve the skills shortage in finance

There’s no denying that accountancy, and the wider financial services sector, is facing a skills shortage. In September 2024, Skills England identifie...

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Unlocking productivity: the evolving role of the CFO
Corporate Finance

Unlocking productivity: the evolving role of the CFO

7m Irena Teneva, AICPA & CIMA

Unlocking productivity: the evolving role of the C...

Understanding what drives productivity is crucial to economic growth, innovation, and living standards, making all of us stakeholders in the efforts t...

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The hidden cyber threat lurking in your supply chain
Corporate Governance

The hidden cyber threat lurking in your supply chain

7m Accountancy Age

The hidden cyber threat lurking in your supply cha...

More than half of large UK financial services firms experienced at least one third-party supply chain attack in 2024, with nearly a quarter facing thr...

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FCA faces backlash over plan to expose firms under investigation
Business Regulation

FCA faces backlash over plan to expose firms under investigation

7m Marina Mouka

FCA faces backlash over plan to expose firms under...

The UK’s financial watchdog is facing fierce resistance over its proposal to publicly disclose company investigations before enforcement action is tak...

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Bank of England cuts interest rates, again
Corporate Finance

Bank of England cuts interest rates, again

7m Accountancy Age

Bank of England cuts interest rates, again

The Bank of England (BoE) has reduced its key interest rate from 4.75% to 4.5% in a move aimed at supporting the UK’s slowing economy, marking its thi...

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Why every accounting firm should think like a CFO
Accounting Firms

Why every accounting firm should think like a CFO

7m Marina Mouka

Why every accounting firm should think like a CFO

For years, accounting firms built their businesses on stability. Tax filings, financial reporting, and audits were the profession’s foundation, predic...

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