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HMRC’s latest tax compliance guidance

HMRC’s latest tax compliance guidance

Tax can feel like a minefield at the best of times. HMRC's recently published Guidelines for Compliance 13 (GfC13) attempts to address this problem by spelling out what they expect from taxpayers dealing with complex or uncertain tax situations.    When these...

Where does the accounting industry currently stand with AI?

Where does the accounting industry currently stand with AI?

A new Trust Survey by Edelman DXI for Chartered Accountants Worldwide (CAW) has surveyed 2,700 chartered accountants globally about artificial intelligence adoption.   The findings reveal a profession caught between significant interest in AI and practical barriers...

How apprenticeships are changing career choices in Britain

How apprenticeships are changing career choices in Britain

The narrative around career choices for young people in Britain is shifting. Whilst university applications continue to dominate, a quiet revolution is taking place.   According to the latest Early Careers Survey 2025, apprenticeships are experiencing a resurgence...

When and Why your Business Should Outsource Payroll

When and Why your Business Should Outsource Payroll

Handling payroll may seem straightforward, but in reality, payroll is time consuming, compliance heavy and poses risks to a business if done incorrectly.   As companies grow and evolve with new sets of challenges that bring many complexities, a lot of them are turning...

HMRC scrap MTD for Corporation Tax scheme

HMRC scrap MTD for Corporation Tax scheme

HMRC has completely abandoned its plans to require companies to use digital systems for corporation tax record-keeping and returns filing.    What's been dropped?  The entire Making Tax Digital (MTD) for Corporation Tax scheme has been scrapped. This means no...

HMRC to send 1.4 million letters over unpaid tax

HMRC to send 1.4 million letters over unpaid tax

HMRC is gearing up for one of its largest annual correspondence drives, preparing to dispatch approximately 1.4 million ‘simple assessment’ notifications across the UK this year.  This substantial mailing represents a critical touchpoint for taxpayers who find...

ICAEW calls for immediate action on delayed audit reform

ICAEW calls for immediate action on delayed audit reform

The Institute of Chartered Accountants in England and Wales (ICAEW) has expressed strong concern over the government's decision to delay the draft Audit Reform and Corporate Governance Bill, with Chief Executive Alan Vallance urging immediate action on reforms that...