Latest Accountancy News and Updates

07 Aug 2023

R&D Draft Legislation – Two schemes could become one

 

A Research & Development (R&D) scheme that would merge the current RDEC and SME schemes was announced by the C...

26 Jul 2023

AI, automation, accountants… and why they will co-exist

 

Is the ‘death of the accountant’ near? AdvanceTrack discuss why businesses will always need financial (and ver...

25 Jul 2023

FYI Software brings greater collaboration with SharePoint integration

 

Collaboration using the latest technology is becoming key to the effectiveness of many accountancy firms, part...

25 Jul 2023

Registration opens for Accountex Summit Manchester

 

Registration is now open for the fifth Accountex Summit Manchester, taking place on 19th September 2023 at Man...

25 Jul 2023

How small practices save time with integrated software

 

In this piece, Wolters Kluwer Tax & Accounting UK explores how smaller accountancy practices leverage integrat...

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 ...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...