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...
Will we see a completely virtual Professional Accountancy Organisation?
Andrew Conway, CEO, Institute of Public Accountants The question now arises: Could it be possible to create a completely virtual PAO? As the CEO...
IPA Group survey: AI, cyber security and regulatory changes top challenges for accountants
Cyber security among key concerns for IFA members. Key points The 2024 IPA Group survey nearly 60 per cent surveyed accountants believe demand...
UK businesses grapple with late payments, survey reveals
The Department of Business and Trade’s new survey into payment practices, supplier relationships and government interventions revealed that on...
Three key findings from finance annual reports accountants need to know
NECC is spearheading a proactive, intelligence led response to surges in romance and economic crime from international cyber criminals. The...
What accountants need to know about non-dom inheritance tax changes
The Labour Government has sweeping plans to impose inheritance tax (IHT) on the global assets of UK residents claiming overseas domicile, which...
Inheritance Tax: Home sweet home
Chris Thorpe, tax advisor Reliefs The only relief specifically available for a residential property is the Residential Nil Rate Band (RNRB) – an...
How to avoid penalties amid HMRC’s crackdown on late filings
Key points HMRC is cracking down on late filings, with penalties rising. Accounting professionals hold a vital role in helping small...
Making Tax Digital: making it easier to get tax right
Making Tax Digital for Income Tax Making Tax Digital (MTD) is an important part of our work to modernise the tax system. As the Director for MTD,...
Can cryptocurrencies ever be green?
Green investments are assets like bonds that pay for projects with positive environmental and social outcomes. Green bonds for example,...
How do you tell your clients to stop procrastinating and deal with their tax investigation?
There may be similarities to another case, but individual personalities tend to make the details of each one unique. But the process – the...
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