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...
MTD sets the timer for small practices to drive efficiencies
Sole and small practitioners must “pull the levers” to drive efficiencies and scale in their firm with MTD a key driver for change, according to...
Strong growth for UK accounting practices as digital transformation accelerates
At a glance UK accounting practices are experiencing strong revenue and profit growth. Cloud technology adoption is driving success, with 87% of...
Top 5 compliance blunders for accountants to avoid
Pinkney cautions many practitioners are leaving themselves exposed to significant risks unless they uphold strong ethical standards and heed the...
9 tax changes every SME needs to know (and what to do about them)
At a glance This April, SMEs need to be aware of the raft of tax and regulatory changes coming into play Navigating the changes successfully can...
6 accounting predictions for the coming financial year
1. Making Tax Digital Despite the April 2026 start date, the lead up to Making Tax Digital for Income Tax Self Assessment represents an...
VAT essentials: a guide for advising SMEs
Regular check ins help prevent errors that can lead to HMRC penalties. At a glance Understanding the four VAT schemes helps match clients to...
IFA member profile: Dana Dunca
Describe yourself to us… I am the owner of a small accountancy practice, DNC UK Accounting, based in north-east London. I have ten years of...
HMRC prosecutions of tax evasion enablers plummet
Prosecutions of the enablers of tax evasion have plummeted by at least 75% in the past five years and are lower than previously claimed by HMRC,...
Spring Statement 2025: 5 experts say more could be done for small business
At a glance The Labour Chancellor’s first Spring Statement was met with disappointment by small businesses. With announcements from October...
Spring Statement 2025: chancellor targets tax advisers and scheme promoters in bid to close tax gap
Tax advisers and scheme promoters face a crackdown, as the government looks to target those pushing tax avoidance. Delivering the Spring...
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