Latest Accountancy News and Updates
27 Sept 2023
Become superhuman with the help of FYI
FYI’s efficient document management and process automation engine is empowering accountancy firms to achieve superhuman levels of success by offering easy onboarding, security and reliability and proven ROIs. FYI is on a mission to dramatically improve the productivity of accountants.
- Blog
27 Sept 2023
Working with Virtual Workforce and Offshore Team: A Guide
Officed-based is not the trump card anymore. The ever-evolving landscape of businesses embraces the advanced applications in virtual workforce. Throughout Frontline’s 13 years of experience, we'll be sharing the ultimate guide to upgrading your firm with a Virtual workforce and Offshoring team.
- Blog
27 Sept 2023
What you need to know about advising distressed clients
In today’s increasingly challenging economic climate, it is more and more likely that you will be faced with a client experiencing financial or operational difficulties. Begbies Traynor advise on how to approach this delicate matter with distressed clients.
- Blog
27 Sept 2023
Python in Excel: Spreadsheet benefits for accountants
Microsoft has announced a big change to data analytics capabilities within Excel sheets.
- Blog
22 Sept 2023
How will HMRC agent services changes impact accountants and agents?
HMRC have announced important changes to their Agent Dedicated Line (ADL), taking effect from 2 October 2023.
- Advisory
13 Sept 2023
HMRC has launched their new overlap profit information service
Reforms to the Basis Period Rules will mean that all unincorporated businesses will be taxed on profits for the fiscal year from 2024/25 onwards, regardless of their accounting year end.
- Blog
12 Sept 2023
2023 Autumn Statement
Jeremy Hunt has announced that the 2023 Autumn Statement will take place on Wednesday 22 November 2023. 20:20 Innovation will be offering both members and non-members an Autumn Statement PDF from as little as £176.
- Blog
12 Sept 2023
Time to book your training for 2024!
We’re delighted to announce the launch of our 2024 Training, Resources and Services brochure which outlines the comprehensive training and benefits available to everyone in your firm as part of your membership subscription.
- News
29 Aug 2023
Dext Insights: Navigating the Basis Period Reform
Basis Period Reform (BPR) is coming into full effect from 2024/25. To help you navigate this change, Dext's experts have put together all the information you need including what is changing, who it will affect and when.
- Blog
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 Chancellor in the 2022 Autumn Statement and draft legislation for the new scheme was published on 18 July. The Government has not yet decided whether to merge the schemes from April 2024, but it may decide to do so. An announcement could be made as part of the fiscal event this Autumn.
- Blog
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 very human) support.
- Blog
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, particularly in light of changing work practices and expectations of clients.
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 Manchester Central. With a CPD accredited seminar programme and 100 software and service suppliers exhibiting, there is plenty for visitors to explore.
- Blog
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 integrated purpose-built software. Accountants should find this an efficient and affordable way to streamline compliance, practice management and document management.
- Blog
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 well aware of the delays to the implementation of the Making Tax Digital (MTD) project, and it would therefore be a reasonable assumption that costs to the public purse would be much higher than originally anticipated.
- Blog
22 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 staffing constraints and even jumpstarts thousands of firms to focus on more valuable work.
- Blog
22 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 recent report shows that offering outsourced payroll services attract more clients and achieve the economies of scale needed to drive huge profits.
- Blog
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 requirements from 1 November 2023. We have summarised the key changes in this article.
- Blog