How do you know if you are exempt from Making Tax Digital (MTD)?
The first phase for Making Tax Digital (MTD) for Income Tax is nearly upon us, as the new system of digital tax reporting commences from…
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Millions of UK workers are overpaying tax every year
A new Freedom of Information requested from HMRC, released to the public has found that 5.6 million in the UK paid more tax than they…
Businesses brace for the next wave of Trump tariffs
They say there is nothing new under the sun and the global economic situation seems determined to prove that right.
HMRC warns taxpayers about mid-year Capital Gains Tax changes
HMRC has issued a warning to taxpayers completing their Self Assessment tax returns that their online software cannot automatically make calculations to account for the…
The FRS 102 changes are now in effect: What should businesses do now?
The revised version of FRS 102 has now come into effect for accounting periods starting on or after 1 January 2026 and it will affect…
As AI advances, why is it still better to use a human accountant?
We are now in that period of time between the start of the calendar year and the beginning of the tax year.