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Blog7th Jul 2025FRS 102: Revenue Recognition- what’s changing?As accounting standards evolve, staying informed about the updated FRS 102, particularly in relation to revenue recognition, is crucial for your business. The Financial Reporting Council has introduced significant amendments to UK GAAP, including a new revenue recognition model. These…View more
Blog24th Jun 2025Are changes coming to UK transfer pricing rules?On 28 April 2025, HMRC announced a consultation period in respect of significant changes to the UK’s Transfer Pricing, Diverted Profits Tax and Permanent Establishment legislation as part of the government’s Spring tax update. In this article, we will review…By Erica FitchieView more
Blog19th Jun 2025VAT recovery on pension investment costs: what’s changed?Yesterday, HMRC issued Revenue and Customs Brief 4 (2025), marking a major shift in the long-running saga of VAT recovery on pension investment costs. For businesses and trustees alike, this is more than a technical tweak—it’s a chance to simplify…By Gabrielle BirdView more
Blog13th Jun 2025Making Tax Digital (MTD): 4 steps to help you prepareFrom 6 April 2026 , Making Tax Digital (MTD) for Income Tax Self-Assessment will become mandatory for individuals with annual gross income of over £50,000 from self-employment and/or property income. This will be lowered to £30,000 from 6 April 2027 and £20,000…By Kirsty RinglandView more