Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
21 December 2022
Important changes to UK GAAP announcedOn 15 December 2022 the Financial Reporting Council (“FRC”) released a much-anticipated draft of the periodic review of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.
20 December 2022
MTD for Income Tax Self-Assessment delayed until April 2026HMRC has announced a major change to the MTD for Income Tax Self-Assessment (MTD for ITSA) roadmap, delaying the introduction for a further two years and introducing a staggered approach for those impacted. Ewan Bolt, Director and Head of Digital Advisory details what you need to know.
16 December 2022
Keep Calm and Winter On!One thing a tax budget always sparks is a flurry of puns. Well, I woke this morning to a flurry of snow and ok, a few good puns. The most notable for me is: ‘Winter is coming’, well if you are a Scottish Resident Taxpayer, then ‘Winter is here’.
14 December 2022
Could your rural business’s activities be eligible for R&D tax relief?Research & Development (R&D) tax relief has been the focus of much news attention of late, and this is likely to continue following the Chancellor announcing some substantial changes to the schemes in the Autumn Statement. Considering the changes announced, alongside the raft of other changes due to come into force from April 2023, it has never been more important to take a holistic and thorough approach when preparing a claim.
12 December 2022
Financial Services predictions for 2023Typically, this is a time of year when we look forward and try to predict what the new year may have in store. The current volatility in the global and domestic market makes it especially fraught to predict the future, however, our Financial Services team have taken the time to think ahead to what might lie in store for the sector in 2023.
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