Accountancy

How the 2025 Spending Review Will Affect UK Tax Agents and Accountancy Services The landscape for tax agents and accountancy firms in the UK is bracing for a period of significant change. With £1.7 billion being channelled into HMRC across four years, the 2025 government spending review is set to unleash a wave of technological…

Transfer Pricing Comes to Medium-Sized Enterprises – Here’s What Changes Big changes are on the horizon for medium-sized UK enterprises as HMRC has announced the removal of the longstanding transfer pricing exemption for these businesses. Until now, only large entities were subject to the UK’s extensive transfer pricing regime, meaning smaller groups could often assess…

Flat Fees and New Charges: HMRC’s Facility Verification Fees Explained A wave of change is set to sweep across the UK regulatory landscape with HMRC’s new flat-fee policy for facility verification. For businesses and accountants, clarity and preparation are key. This biennial charge has generated substantial discussion among firms potentially affected by the cost and…

Making Tax Digital for Income Tax: What UK Sole Traders Must Know The move toward a fully digital tax system is gathering pace across the UK, and for sole traders and landlords, the time to gain clarity is now. HMRC’s Making Tax Digital (MTD) for Income Tax initiative promises not just a new way to…

What HMRC’s Spring Tax Reforms Mean for UK SMEs Big shifts are on the horizon for small and medium-sized enterprises across the UK. The Spring Tax Reforms unveiled by HMRC for 2025 have sparked widespread discussion about how SMEs will need to adapt their tax planning, reporting, and compliance efforts. For business owners, leaders, and…