Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
27 November 2025
Autumn Budget 2025: our Wealth summaryFollowing the Autumn Budget and the announcements made, there were a number of changes and freezes, which will have a real impact on individuals’ financial planning. Our Wealth team have analysed these further.
25 November 2025
Energy transition survey, ET42 - What does the future hold for the industry?As we look ahead to the UK Government’s Autumn Budget, the Energy Transition 42 survey finds the industry despondent. Confidence in the UK Continental Shelf (UKCS) remains low - unchanged from the previous survey - and revenue and profit expectations have softened.
11 November 2025
Periodic review of FRS 102: key lessons before the 2026 effective dateThis year’s UK accounting news has been dominated by the Periodic review of FRS 102, which becomes effective for the periods beginning on or after 1 January 2026. This is the most extensive update to the standard since its original publication, aligning certain rules with IFRS and refining additional guidance. We have been advising early adopters and those businesses that want to prepare ahead of time on the general impact assessment, revenue recognition and lease accounting, using our bespoke tools and software.
15 October 2025
VAT update for further education collegesRecent VAT changes for private schools have introduced uncertainty for further education (“FE”) colleges, particularly around whether fee-based education, wholly or partly in return for a fee, remains exempt.
13 October 2025
VAT bites hard: HMRC expands the confectionary netHMRC has launched a sustained campaign to widen the definition of ‘confectionery’ for VAT purposes, and the Courts are increasingly siding with them. What began as isolated disputes over niche products has snowballed into a fundamental shift in how ‘sweet’ items are treated, with far-reaching consequences for food producers, wholesalers and retailers.
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