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Total Income Tax and NI income hits new high - July 2024

HM Treasury has taken £77.2 billion in Income Tax and National Insurance (NI) since April 2024 – signalling the effect …

Invoice fraud becoming a significant problem - July 2024

Invoice fraud, affecting one in three companies, involves deceptive practices that trick businesses into making payments to fraudulent accounts. As …

Taxes on the rise: A certainty, not a possibility - July 2024

The new UK Government has been formed. Despite the Labour Party’s campaign and pledges around keeping tax rises to a …

Inside the private equity boom - July 2024

Private equity investment has been a significant force in the financial world for some time. However, the nature of private …

Are you ready for changes to LLP salaried member rules? - June 2024

HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation …

New accounting practices outlined for LLPs - June 2024

The Consultative Committee of Accountancy Bodies (CCAB) has released the 2024 edition of its Statement of Recommended Practice Accounting (SORP) …

Using an iPhone? Keep an eye out for tax refund scammers - June 2024

HM Revenue & Customs (HMRC) has warned that a new wave of fraudulent text messages is targeting taxpayers using iPhones, …

The increase to Companies House fees: What you need to know - June 2024

As of 1st May 2024, Companies House has implemented revised fees, marking a significant change in the cost structure for …