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Opus named among Sunday Times best places to work list for second consecutive year

Opus named among Sunday Times best places to work list for second consecutive year

BDO appoints Syreeta Brown as independent NE

BDO appoints Syreeta Brown as independent NE

UK accountants still in high demand despite AI shift, ICAEW finds

UK accountants still in high demand despite AI shift, ICAEW finds

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Economy

Economy analyses the wider financial and market conditions shaping the operating environment for UK accountancy firms and their clients. Covering GDP trends, inflation, interest rates, fiscal policy, and government budgets, this section connects economic developments to their impact on audit, tax, and advisory work. Accountancy Today’s Economy coverage provides data-driven insights and expert commentary to help professionals assess risks, plan strategy, and advise clients effectively in a changing marketplace.

Economy

Economy analyses the wider financial and market conditions shaping the operating environment for UK accountancy firms and their clients. Covering GDP trends, inflation, interest rates, fiscal policy, and government budgets, this section connects economic developments to their impact on audit, tax, and advisory work. Accountancy Today’s Economy coverage provides data-driven insights and expert commentary to help professionals assess risks, plan strategy, and advise clients effectively in a changing marketplace.

CJRS calculator error forces small businesses to re-evaluate

The Accountancy Partnership has urged small businesses to recalculate furlough claims for…

Corporation tax rise will deter foreign investment, says MacIntyre Hudson

A rise in the headline rate of UK corporation tax could be the straw that “breaks the…

UK suffers record 9.9% GDP slump

GDP declined by 9.9% in 2020, a figure which is more than double of what was recorded in…

One of HMRC’s ‘most wanted’ tax cheat jailed

The ringleader of a plot to smuggle millions of illegal cigarettes has been jailed for three…

HMRC shed over £2.5m in legal costs during 2019/20

HMRC paid out over £2.5m in legal costs to taxpayers in 2019/20, a year-on-year increase of 88%.

Bank of England holds rates, predicts strong vaccine rebound

The Bank of England (BoE) has predicted an economic rebound in the spring led by a…

LITRG calls for HMRC to pause to loan charge probing letters

The Low Incomes Tax Reform Group (LITRG) is calling on HMRC to pause any further action…

HMRC awards £3m contract to upgrade web-services

HMRC has awarded the largest Government open banking contract in history to Ecospend, a…

1.8 million people missed Self Assessment deadline, says HMRC

HMRC is urging the 1.8 million people who did not pay their Self Assessment tax bill on 31…

New lockdowns edge consumer confidence to near-record low

The final quarter of 2020 saw consumer confidence fall by 1%, to a near-record low -17%,…
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