Clik here to view.
Accountex Manchester 2024: Act now on AI and MTD
Didn’t get a chance to drop in to Accountex Manchester 2024 on Tuesday, 17 September? Don’t worry: we cover the key points to note in this blog. The keynotes across 4 theatres saw a strong focus on...
View ArticleClik here to view.
Accountants: How new company size thresholds could impact you
The planned reduction in company size thresholds may be a welcome cut in red tape for small businesses, but for accountants it brings challenges as well as opportunities. In March 2024, the previous...
View ArticleWhat is financial reporting?
For many business aficionados, understanding financial reporting can feel like decoding a secret language. But it doesn’t have to be that way. This type of reporting isn’t just a necessity; it’s also...
View ArticleWill AI replace accountants?
Artificial intelligence (AI) has been shaking up our working life as we know it. From art to agriculture, AI is making its mark in various industries—and accountancy is no exception. The question is,...
View ArticleThe Practice of Now: How 1000 accountants and bookkeepers are going from good...
Like most professions in recent years, accounting and bookkeeping are going through extraordinary change. We surveyed 1000 accountants and bookkeepers across six countries to understand what they’re...
View ArticleClik here to view.
Autumn Budget 2024: How changes will affect your business
On 30th October 2024, the UK Government presented its annual Autumn Budget, outlining its financial plan for the next few years. In this article, we provide an overview of the announcements that are...
View ArticleClik here to view.
How to make Self Assessment less stressful for your practice
The Self Assessment tax return season, running up to the deadline of 31 January, is one of the busiest and most stressful times for accountants. There are many things you can do to make this period...
View ArticleClik here to view.
E-invoicing is set to take over in the UK—here’s how to prepare
The days of paper and pdf billing are fading away. E-invoicing is set to take over quickly for many UK business transactions, and it’s a good idea to start preparing your firm or accountancy practice...
View ArticleHow to enhance client value for growth
Is your team is stuck in a vicious cycle of high-volume, low-value compliance work? Would you like to focus on what really matters to you—bringing value to your clients and ultimately growing your...
View ArticleClik here to view.
6 time-intensive tasks accountants should automate now
Many accounting professionals are still tied up in manual, time-consuming tasks. Are you? Though 92% of accountants agree they spend too much time on admin, only half automate recurring tasks critical...
View ArticleClik here to view.
Making Tax Digital: Answers to FAQs on MTD for Income Tax
As an accountant or bookkeeper, you need to ensure your practice is responding to the requirements and challenges brought about by Making Tax Digital (MTD) for Income Tax, both now and in the coming...
View ArticleClik here to view.
5 steps for building stronger client relationships in 2025
Is your workload holding you back from building better client relationships? Worryingly, more than half (51%) of accountants agree. We surveyed 1,000 accountants and bookkeepers across six countries...
View ArticleClik here to view.
Employers’ National Insurance: How 2025 rise will affect businesses and what...
In April 2025, employers’ National Insurance contribution (NIC) rates will rise, impacting staff costs, cash flow and margins for many small and medium-sized enterprises (SMEs). Other factors are...
View ArticleClik here to view.
What the Employment Rights Bill means for employers
If you’re an employer, you’ll need to get to grips with the Employment Rights Bill, which has been hailed as the “biggest upgrade to workers’ rights in a generation”. This article covers the main...
View ArticleClik here to view.
How the Apprenticeship Levy is changing in 2025
If you’re a UK business owner, you’ve likely come across the Apprenticeship Levy. If you’ve not heard of it, it’s a scheme designed to fund apprenticeship training. However, in 2024, the Government...
View ArticleClik here to view.
How the Fair Payment Code encourages businesses to pay suppliers on time
No small business likes late payments. Apart from creating a hole in your cash flow, it’s a headache to chase slow-paying customers until the money comes through. The Government’s new Fair Payment...
View ArticleClik here to view.
How accountants and bookkeepers can drive peak performance in 2025
Competition is hotting up in the UK accountancy profession, compelling practices to keep boosting service levels and efficiency. Numbers of qualified accountants increased every year between 2019 and...
View ArticleClik here to view.
Neonatal care leave and pay in 2025: What HR and payroll teams need to know
If you’re an employer, HR professional, or part of a payroll team, there’s a big change on the horizon. The Neonatal Care (Leave and Pay) Act 2023 comes into force in April 2025, giving parents of...
View ArticleClik here to view.
New tax year: Key changes and initiatives for 2025/26
Following the election of the Labour government in July 2024, the Autumn Budget introduced a number of changes that affect businesses and the self-employed, with many of them coming into force in the...
View ArticleClik here to view.
How accountants and bookkeepers can embrace the new tax year with confidence
The start of a new tax year presents your practice with an opportunity to set the stage for success. From embracing automation and optimising workflows to staying abreast of legislation changes, there...
View ArticleClik here to view.
MTD for Income Tax: What accountants and clients need to do
Making Tax Digital (MTD) is part of the government’s ongoing plan to ensure all taxpayers use software for accounting and reporting that relates to tax. MTD for Income Tax follows the successful...
View ArticleClik here to view.
What HMRC’s free online filing service closure means for corporation tax clients
On 31 March 2026, the free online filing service from HMRC and Companies House for company tax returns and company accounts filing will close permanently. This means your practice will need to prepare...
View ArticleWhat is the Making Tax Digital for Income Tax private beta testing phase?
Digitalisation of tax is a huge focus for the UK government. Making Tax Digital (MTD) for VAT is already running and demonstrating the benefits of digital working for many businesses. The next...
View ArticleClik here to view.
Spring Statement 2025: What it means for your business
On 26 March 2025, the UK government presented its Spring Statement. Chancellor Rachel Reeves kept her promise not to raise National Insurance, income tax or VAT rates. A fall in UK inflation announced...
View Article