Latest Accountancy News and Updates

10 Jan 2024

2024/25 Scottish and Welsh Budgets

 

Scottish and Welsh Governments have power to set some taxes. Read on for news on the devolved taxes and other ...

09 Jan 2024

Spring Budget 2024: Key Predictions

 

HM Treasury has set a Spring Budget date of 6 March 2024 - one of many key fiscal dates in the early part of t...

18 Dec 2023

Key Dates for Accountants in 2024

 

Accountants operate in a changing industry. To explore the key dates for accountants in 2024 and download our ...

13 Dec 2023

AI Causes Confusion in Tax Tribunal

 

This 20:20 Innovation article looks at the case of Harber vs HMRC and how Ms Harber’s use of AI proved extreme...

11 Dec 2023

Partner Blog

Global Talent: What People Really Think About Offshore Jobs

 

20:20 Innovation partner, Frontline, share their own stories and clients’ experiences when they were building ...

01 Dec 2023

Can I claim tax relief for training costs?

 

This article explores tax relief for training courses. What we cover applies to business owners, your team and...

28 Nov 2023

Partner Blog

4 common client onboarding mistakes and how to overcome them

 

GoProposal have unpicked the four common mistakes accounting and bookkeeping firms make when onboarding new cl...

24 Nov 2023

What are the Public Accounts Committee recommendations for MTD?

 

This article, written by Sharon Cooke, looks at the key takeaways from the PAC report. Read on for more inform...

24 Nov 2023

What did the Autumn Statement mean for MTD?

 

The outcome of the Making Tax Digital Small Business Review was published as part of the Autumn Statement. Rea...

23 Nov 2023

The 2023 Autumn Statement: Key Takeaways for Accountants

 

Following the Chancellor’s Autumn Statement on 22nd November 2023, 20:20 Innovation round up the key takeaways...

17 Nov 2023

Partner Blog

Exploring Closure Options for Solvent Clients

 

Find out how 20:20 Innovation partner, Begbies Traynor, explain the numerous ways to close a solvent business ...

15 Nov 2023

10 Steps to Compliance with ICAEW CPD Rules

 

This 20:20 Innovation article provides further information on the steps you can take to comply with ICAEW CPD ...

13 Nov 2023

20:20 Innovation Website Changes Explained

 

At 20:20 Innovation we want to make it as easy as possible for accountants to be able to record and monitor CP...

13 Nov 2023

Partner Blog

How to Build a Successful Outsourcing Strategy

 

Read the AdvanceTrack partner blog on 20:20 Innovation discussing the steps required to develop successful out...

07 Nov 2023

Understanding the New Economic Crime Act

 

This 20:20 Innovation article summarises the impact of the new ECCTA (Economic Crime and Corporate Transparenc...

03 Nov 2023

The Importance of Ongoing Accountancy Training

 

Find out how you and your firm can benefit from ongoing accountancy training from 20:20 Innovation with tips f...

29 Oct 2023

Impact of AI on Tax

 

There are lots of questions regarding AI’s dependability in tax and advisory matters, the potential risks and...

27 Oct 2023

Why CPD in Accounting is Essential

 

With significant changes to CPD in accounting on the horizon, now is the perfect time for you to consider your...