The Association of Accounting Technicians (AAT) has named Sir Stephen Hillier as its inaugural Board Chair, a move that signals a sweeping overhaul of its governance—a framework largely unchanged for ...

UK firms are increasingly defaulting on fines imposed for the late filing of annual accounts, with recent data exposing significant gaps in major companies’ collection efforts. Over the past six years ...

Two accounting firms, same size, same market, same tools. One is scaling rapidly, rolling out new services, and attracting ...

The UK finance sector has lost 10,000 firms since 2020, with banking and financial management among the hardest-hit industries.

The UK’s tax authority, HM Revenue & Customs (HMRC), has abandoned plans to alter the tax treatment of members within limited liability partnerships (LLPs), a structure prevalent among private equity ...

Azets has agreed to acquire part of KPMG Sweden’s business, marking a strategic move into the country’s audit and advisory market. The deal will see Azets take on KPMG’s audit, tax, and advisory ...

It’s official, accounting firms with at least 75% technology integration are 63% more likely to report significant revenue growth compared to less integrated firms.  Yet Wolters Kluwer’s recent global ...

There’s no denying that accountancy, and the wider financial services sector, is facing a skills shortage. In September 2024, Skills England identified ‘Accounting and Finance Technicians’ as one of ...

The European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional paper-based system. The Council’s decision, ...

UK government launches consultation on e-invoicing, exploring standardisation, mandates, and real-time tax reporting. Responses due 7 May.

Forvis Mazars has announced a new Executive team to lead its UK operations, with five new appointments joining CEO James Gilbey’s leadership group. The Executive members will assume their roles with ...

TaxAssist Accountants is pleased to announce a new strategic alliance with Intuit QuickBooks, which recognises TaxAssist as an important growth ally. Intuit ...