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...
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...