TOPIC
The new race to control accounting’s reporting layer
At a glance AI is accelerating the automation of routine accounting tasks. The focus is shifting from bookkeeping to reporting and forecasting. Conversational AI assistants are becoming the new user interface. The accountant's role could well shift to supervising...
Tips for accountants on the ethical use of AI
Accountants have embraced AI for everyday tasks such as data analysis, but this can pose ethical risks. This expansion can increase efficiency...
Why your retirement fund might soon include cryptocurrency
Pension funds are investment pools that manage people’s retirement savings. They aim to encourage long-term saving and provide financial security...
Act now on your clients’ MVLs to beat the tax changes
These changes will directly affect the tax reliefs available to clients seeking to liquidate their solvent companies using an MVL. Marco...
Ready for 2025: 5 steps accountants should take now to navigate the year ahead
Building client relationships helps businesses weather economic uncertainty. At a glance Sectors like healthcare and utilities tend to be more...
As EV sales surge, the UK car industry could be about to reach a turning point
The number of UK sales (382,000 vehicles) came from growth of 21.4% on 2023, making the UK the largest market for electric vehicles (EVs) in...
What does the business rate relief cut mean for retail and hospitality?
At a glance Retail, Hospitality and Leisure Relief (RHLR) to be reduced to 40% from April 2025 Small businesses likely to be hit the hardest,...
What can accountants be doing to prepare clients for self-assessment deadlines?
"UK law HMRC" by Patrick Cannon is licenced under CC BY 2.0. This has led His Majesty’s Revenue and Customs (HMRC) to intensify pressure on late...
Spring Forecast set for 26 March – with ‘no tax changes’
A ‘Spring Forecast’ will take place on 26 March 2025, but without any major tax policy updates. Budget 2024 key points Introduced in the Budget...
SDLT: Where are we now?
SDLT is indeed a tiered tax, with the result that different parts of the property’s purchase price are taxed at progressively higher SDLT rates....
The UK’s booming creative industries could employ even more people – if they attract fresh international investment
The UK’s creative industries are an economic success story, contributing £124.6 billion to the country’s economy in 2022 – around 6% of the...
Subscribe to Financial Accountant
Receive the latest news, opinion and features directly to your inbox.
