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Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

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Rishi Sunak

Our coverage on Rishi Sunak explores the impact of his fiscal and regulatory policies on the UK accountancy and financial services sector. During his tenure as Chancellor, Sunak introduced sweeping economic interventions in response to the COVID-19 pandemic, including the furlough scheme, VAT deferrals, and business loan guarantees—all of which significantly shaped accountants’ advisory responsibilities and compliance workloads. As Prime Minister, his government maintained the 25% Corporation Tax rate and oversaw reforms to the R&D tax relief scheme, while interest rate pressures—partly inherited from post-pandemic inflation—continued to drive client demand for cashflow planning and insolvency guidance. We also examine Sunak’s support for Making Tax Digital and his broader vision for a digitised, growth-led economy. This coverage is essential for partners, tax specialists, and advisers assessing the regulatory and economic environment shaped by Sunak’s leadership.

Rishi Sunak

Our coverage on Rishi Sunak explores the impact of his fiscal and regulatory policies on the UK accountancy and financial services sector. During his tenure as Chancellor, Sunak introduced sweeping economic interventions in response to the COVID-19 pandemic, including the furlough scheme, VAT deferrals, and business loan guarantees—all of which significantly shaped accountants’ advisory responsibilities and compliance workloads. As Prime Minister, his government maintained the 25% Corporation Tax rate and oversaw reforms to the R&D tax relief scheme, while interest rate pressures—partly inherited from post-pandemic inflation—continued to drive client demand for cashflow planning and insolvency guidance. We also examine Sunak’s support for Making Tax Digital and his broader vision for a digitised, growth-led economy. This coverage is essential for partners, tax specialists, and advisers assessing the regulatory and economic environment shaped by Sunak’s leadership.

Higher-rate taxpayers to hit record number in 2022-23

Higher-rate taxpayers to hit record number in 2022-23

Accountancy firm Bates Weston has reported that the number of higher-rate taxpayers is set…

Spring Statement: Chancellor raises NI threshold to £12,570

The chancellor has outlined a series of measures to help combat the rising cost of living in…

13 Spring Statement predictions

With both the global and UK economies coming under pressure from the rising cost of living…

How HMRC plans to claw back billions lost to Covid scheme abuse

The Government is ramping up their investigations into suspected abuse and fraud of its…

Energy price cap to rise 54% from April

Businesses are braced for a spending squeeze after it was revealed the energy price cap is…

UK to discuss global minimum tax for multinational groups

The UK government has published a consultation seeking views for how a worldwide 15% minimum…

How Johnston Carmichael is helping the Scottish economy bounceback

Sunak unveils £1bn support package for Omicron-hit businesses

Chancellor Rishi Sunak has announced a further £1bn support package for businesses impacted…

Accounting industry welcomes Budget’s R&D push

The accounting industry has welcomed “promising signals” for continued investment in…
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