Will 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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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