TOPIC
MTD for IT’s slower countdown: a mixed blessing?
At a glance Mandatory software filing for company accounts begins 1 April 2027. The changes aim to increase transparency. Small companies will no longer be able to file abridged accounts. Some firms face new software costs. Making Tax Digital (MTD) for Income Tax...
Why now’s the time to revisit MVL and BADR
For companies with £25k+ in retained profits, a Members’ Voluntary Liquidation (MVL) remains one of the most effective ways to extract value....
Collaboration, celebration and MTD: The IFA Conference & Awards 2025
At a glance Key sessions of the inaugural IFA Conference 2025 covered late payments and community engagement strategies. HMRC's Lenny Barry...
Strong receipts, weak economy: what April’s tax data reveals about UK fiscal health
At a glance The £4.3 billion tax increase reflects frozen thresholds and policy changes. VAT's moderate rise compared with a PAYE surge suggests...
Companies House deep dive into corporate law reforms and how they impact on accounting practices
Senior officials from Companies House shared changes to corporate transparency requirements under the Economic Crime and Corporate Transparency...
IFA sets out risk-based approach to close AML compliance gaps
Bill Bewes, IFA's head of AML and Compliance, encouraged accountants to fully assess risks among their clients to help demystify the customer due...
Inheritance tax planning update: key changes and client strategies
At a glance Frozen thresholds combined with increasing asset values have expanded IHT's reach. Upcoming changes include agricultural and business...
MTD for Income Tax is coming: Are your self-employed clients ready?
Image: “Income Tax” by Images Money is licensed under CC BY 2.0. At a glance Making Tax Digital for Income Tax Self Assessment comes in for the...
5 graphs to help you understand the UK tax gap – and what it means for accountants
Image: “HM Revenue & Customs” by Howard Lake is licensed under CC BY-SA 2.0 The tax gap remains one of the clearest indicators of where the...
Are your AML PCPs still fit for purpose?
For the accountancy sector, AML compliance isn’t a “set it and forget it” task. Regulations change. Criminal strategies evolve. Supervisors raise...
Is it time for a VAT spring clean?
Amend VAT periods Let’s get out our dustpan and brush and start with an easy one: there are still thousands of UK businesses who submit returns...
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