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Listing image for Delays, omissions and spiraling costs: Is Making Tax Digital out of control? content

22 Jun 2023

Delays, omissions and spiraling costs: Is Making Tax Digital out of control?

 

The National Audit Office (NAO) published its report, ‘Progress with Making Tax Digital’, on 12 June. We were ...

Listing image for Strategic Staffing Solution: Empower Your Firm to Thrive with Offshoring content

20 Jun 2023

Strategic Staffing Solution: Empower Your Firm to Thrive with Offshoring

 

Hiring staff offshore has significantly changed how a traditional accounting firm runs. It has reduced local s...

Listing image for What to know about outsourced payroll services in 2023 content

19 Jun 2023

What to know about outsourced payroll services in 2023

 

While a lot of firms offer outsourced payroll services, they seem to do so begrudgingly. Employment Hero’s rec...

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07 Jun 2023

Meeting your individual and firmwide CPD requirements

 

CPD is a hot topic at the moment as ICAEW members and firms have been informed of a change in ICAEW requiremen...

Listing image for Unleashing the power of AI in accounting: A game-changer for your practice! content

30 May 2023

Unleashing the power of AI in accounting: A game-changer for your practice!

 

Generative AI is no longer the future, it’s here now, and embracing it can take your practice to the next leve...

Listing image for Proposed reforms to the Construction Industry Scheme content

28 May 2023

Proposed reforms to the Construction Industry Scheme

 

A recent consultation has prompted us to think about the Construction Industry Scheme (CIS) and the potential ...

Listing image for Budget 2023: Key Issues to talk about with your clients content

29 Mar 2023

Budget 2023: Key Issues to talk about with your clients

 

From the Spring Budget announcement on 15th March, we summarise the key issues in our latest blog including pe...

Listing image for HMRC halt new entrants to MTD for ITSA pilot scheme until further notice content

14 Feb 2023

HMRC halt new entrants to MTD for ITSA pilot scheme until further notice

 

It has recently been confirmed that HMRC have temporarily closed their doors on new entrants to the MTD for IT...

Listing image for ICAEW Audit Monitoring Report 2021/22 content

19 Jan 2023

ICAEW Audit Monitoring Report 2021/22

 

The ICAEW’s Quality Assurance Department (QAD) have recently published their Audit Monitoring Report giving fe...

Listing image for New penalty regime for VAT returns content

09 Jan 2023

New penalty regime for VAT returns

 

A new penalty regime has been introduced for VAT return periods commencing on or after 1 January 2023, replaci...

Listing image for Scottish Budget increases income tax on high earners content

16 Dec 2022

Scottish Budget increases income tax on high earners

 

The Scottish Parliament has the power to set income tax rates on non-savings and non-dividend income for Scott...

Listing image for Autumn Statement 2022 – 7 key points for busy practitioners content

18 Nov 2022

Autumn Statement 2022 – 7 key points for busy practitioners

 

Following the Autumn Statement announcement on 17th November, we have written a blog outlining 7 key points fo...

Listing image for Moving to a tax year basis and dealing with provisional figures content

06 May 2022

Moving to a tax year basis and dealing with provisional figures

 

Further to the our previous article on basis period reform, HMRC been consulting on how to deal with Provision...

Listing image for Basis Period Reform – for self-employed individuals and all partnerships/partners content

08 Apr 2022

Basis Period Reform – for self-employed individuals and all partnerships/partners

 

New legislation taking effect in 2023/24 will affect non-corporate trading businesses that prepare accounts to...