Artificial intelligence isn’t just a buzzword anymore; for many of us, it’s slowly becoming embedded in our lives and the way we work. For the early adopters amongst businesses, it’s now reshaping how they operate; no department is untouched as professionals realise...
The rules at Companies House are changing. These changes aim to crack down on fraud and will affect how company directors, people with significant control (PSCs), and third parties who file information on a company’s behalf, verify their identity with Companies House....
The change of government and advancement in technology has brought about significant changes over the last few years. And – as we’re probably all aware – there’s more still to come. With the aim of keeping you abreast of what these changes mean for you, the...
As part of HMRC’s push towards ‘Making Tax Digital’, important changes are coming for the reporting requirements of Benefits in Kind (BiKs) – and you absolutely need to take note. Following feedback from stakeholders, HMRC have recently announced that the original...
October last year marked the first Labour budget in over a decade – and as expected, it held a large number of changes that affected individuals and businesses in unequal measure. As a ‘halfway point’ designed to give the Chancellor an opportunity to outline progress...
The cash basis of accounting 2024/25 brought a shift in how profits are calculated for sole traders and partnerships. In the majority of cases, profits have historically been calculated on the accruals basis. This means income and expenses are recorded when the...
