The *Department for Business and Trade (DBT)* has today released its response to the Late Payments Consultation.

A client’s data disappears. A ransomware attack locks your practice out of every file for a week. A regulatory audit reveals your firm failed to meet ...

A query has been raised internally as to whether chocolate bars and fizzy drinks, purchased on their own (i.e. not as part of a wider meal), could be regarded as qualifying subsistence under HMRC ...

The client has historically been pre-revenue, and not had any earnings through his Ltd company During the year just prepared he has started trading and has some revenue, though taxable losses for ...

With 6 April almost upon us, it's worth recapping the NI picture for 2026/27 because while these rates carried over from 2025/26, plenty of smaller ...

A property was a FHL until the cessation of trade in December 2023. The property is due to be sold in late April 2026 with the exchange of contracts just made. Will the period of FHL ownership be ...

The road to the 2026 Accounting Excellence Awards began at the Finance, Accounting & Bookkeeping Show [1] (FAB). The two-day event at the NEC in ...

I usually notify such share transfers in the next Confirmation Statement, even if that is 11 months down the line. I'm canvassing opinion on whether that is technically correct, as incoming accountant ...

For some reason HMRC seemed to think that the draft regs that they published in early 2025 could not be made and laid until the Finance Act received Royal ...

There have been several recent cases involving the penalty regime and taxpayer behaviour. In /New Claire Wine Limited vs HMRC ...

My client owns 2 businesses, First is VAT registered and is in Property building & acquisitions, the other is a new Animal hotel business (not vat ...

Making Tax Digital (MTD) is fast approaching, and for many accounting firms the reality is starting to sink in. While the ...