by Helena Vallely | Dec 3, 2025 | Features
At a glance Hoarding client data increases cyber-attack risks and can violate legal requirements. Large data sets are bigger targets, leading to costly breaches and regulatory fines. Develop a robust data retention and destruction policy to reduce risk and ensure...
by Phoebe Armstrong | Dec 2, 2025 | Features
At a glance A major firm’s AI error highlights the need for responsible use and disclosure. Disclose to clients why and how AI tools were used in their work. Establish clear internal rules for using AI to manage quality and security risks. Adopt the “Pareto Flip”: 20%...
by Caroline Voaden | Dec 1, 2025 | Features
At a glance AI makes creating convincing fake invoices easy, increasing fraud risk for firms. Verify payment changes out-of-band and enforce dual approval for high-value payments. Train staff on process discipline, not just spotting visual flaws in fakes. Use...
by Stephen Lynch | Nov 27, 2025 | Features, News
Chancellor of the Exchequer Rachel Reeves has used the 2025 UK Budget to announce £26bn in tax rises. The chancellor announced tax increases on dividends, property and savings income, freezes to income tax and employer National Insurance thresholds until April 2031,...
by Nick Levine | Nov 26, 2025 | Features
At a glance HMRC’s Connect system recovered £4.6 billion in underpaid tax in 2024-25. Connect is a powerful data-mining tool, though HMRC is also investing in AI. It finds discrepancies by cross-referencing data from many different sources. Good bookkeeping and...
