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...
Why smart businesses are investing in bookkeeping support

Why smart businesses are investing in bookkeeping support

Whether you’re drowning in daily bookkeeping or just need deeper insights into your business performance, accounting support can transform how you operate. Here’s why smart business owners are making the switch.    The benefits that matter  Control your...
Does your company need an audit?

Does your company need an audit?

An audit is an independent check of your company’s finances to confirm everything’s accurate and above board. Whether it’s legally required or not depends on your size and structure – but being prepared is always a smart move. Here’s what triggers an audit, who’s...