by Kevin Reed | Feb 11, 2025 | Features
Image: 160402-UKGH16-101 by W N Bishop under Attribution-NonCommercial 2.0 Generic licence. At a glance British businesses are spending a staggering £15.4 billion yearly to navigate the tax system, whilst HMRC’s administration costs have risen by 15% over the...
by Kamran Mahroof | Feb 10, 2025 | News
The proposals to cut certain agricultural reliefs sparked protests by farmers across the UK. Currently, farms benefit from 100% relief on agricultural and business assets, but from 2026 the relief will be capped at £1 million, with excess taxed at 20% (half the usual...
by Caroline Voaden | Feb 7, 2025 | Features
At a glance Inflation expected to remain at 2-3% through 2026 Accountants can provide extra value by shifting from compliance to strategic advisory Businesses need robust cost management and flexible pricing strategies Inflation continues to pressure UK businesses...
by Helena Vallely | Feb 6, 2025 | Features
At a glance With cyber incidents increasing, the UK government is strengthening data regulations Accountants handling sensitive data need to get their heads around the new rules The regulatory burden increases for those with clients in other jurisdictions Experts...
by Helena Vallely | Feb 5, 2025 | Features
At a glance Next stage of the MTD ITSA rollout is expected in April next year The initiative has previously experienced delays – but accountants shouldn’t rest on their laurels The new rules require planning for clients, including embracing software services The Self...