FRS 102: Major accounting changes on the horizon
UK businesses face substantial accounting reforms that will reshape financial reporting across all sectors. The Financial Reporting Council (FRC) has rolled out extensive revisions to FRS 102, aligning UK standards more
MTD IT Deadlines: What you need to prepare for
HMRC’s Making Tax Digital for Income Tax (MTD IT) initiative will fundamentally change how self-employed professionals and property owners manage their tax obligations, moving from annual submissions to regular dig
Employment Rights Bill Roadmap: What’s changing and when
The UK is on the brink of its biggest employment law reform in decades. The new Employment Rights Bill introduces a sweeping set of changes that will reshape how businesses hire, manage and support their employees.
What HMRC’s tax gap means for SMEs
HMRC’s recent figures reveal a concerning trend that could directly impact your business. The tax gap (the difference between expected and collected revenue) has reached £46.8 billion for 2023/24, representing 5.3% of
