Latest News

Clients look for more than accounting services from their trusted accountants. Timely advice, recommendations, wider service offerings, or access to a network of trusted specialists can make a significant difference to your business and improve your professional...

As of 1 August 2022, the Register of Overseas Entities (ROE) has been operational under the Economic Crime (Transparency and Enforcement) Act 2022 (ECTEA) for over a year. This initiative aims to combat global economic crime by enhancing transparency regarding the...

The Substantial Shareholding Exemption (SSE) is designed to provide tax relief for companies when they sell shares in another company. Its primary objective is to encourage business investment and facilitate the efficient transfer of ownership. The SSE essentially...

The ongoing transformation toward hybrid models in the world of work, catalysed by the enduring impacts of the coronavirus pandemic, necessitates a thorough consideration of employment tax implications. As employees increasingly divide their work time between...

Chancellor Jeremy Hunt has this afternoon announced his Autumn Statement. He has cut taxes for businesses with what he describes as the ‘biggest tax cut in modern British history’. Hunt has also ushered in tax cuts for individuals, with the lowering of National...

In the lead-up to the impending General Election, tax policy remains a hot topic in the UK. According to projections by the Institute of Fiscal Studies, the country's tax revenues are anticipated to reach approximately 37% of GDP by 2024, a notable increase from the...

HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including: electric charging of company cars and vans at residential properties paying your PAYE Settlement Agreement reporting PAYE information when...

Many UK firms are still facing hiring issues as a result of challenging economic conditions, according to a report from the British Chambers of Commerce (BCC). 73% of firms surveyed by the BCC reported having recruitment problems, with businesses in the hospitality...

A large majority of UK business leaders plan to offer employees remote and hybrid working in the long-term, according to the Institute of Directors (IoD). A survey conducted by the IoD found that 84% of business leaders polled plan to provide office-based staff...

Online platforms should commit to paying small businesses within a maximum of thirty days in line with the Prompt Payment Code, according to the Federation of Small Businesses (FSB). The FSB has set out a range of proposals to protect small business owners who use...

Self assessment taxpayers must be on the lookout for scam texts, emails and phone calls from fraudsters, HMRC was warned. HMRC has received more than 130,000 reports about tax scams in the past year, with 58,000 of those offering fake tax rebates. With around 12...

The UK is on course to see its biggest tax rise in at least 50 years as a result of the freeze on personal thresholds and soaring inflation, according to analysis from the Resolution Foundation. The think-tank said taxpayers are set to pay over £40 billion a year by...