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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.

Chancellor unveils biggest single-year rates cut in over 30 years

Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality,…

UK agrees DST transition toward new global tax system

The HMRC has announced that the UK has agreed a route forward to transition away from its…

FCA chair to step down

The chair of the Financial Conduct Authority (FCA), Charles Randell has announced that he…

136 countries agree to 15% global corporation tax

Some 136 countries have agreed a global minimum 15% corporation tax, meaning multinational…

Chancellor outlines future of financial services sector

Chancellor Rishi Sunak outlined the government’s vision for the future of the UK’s financial…

Sunak to reject furlough extension calls despite ‘freedom day’ delay

Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough…

Sunak secures global tax reform agreements

The treasury has revealed that G7 finance ministers have agreed to back an historic…
AAB sees rise in demand for tax investigation support

AAB sees rise in demand for tax investigation support

Anderson Anderson & Brown (AAB) has reported an increase in new enquiries for support…

UK economy shrinks 1.5% in Q1 despite signs of recovery

The UK economy shrank by 1.5% during the first three months of the year due to the impact of…

FPC appoints external member

Financial Policy Committee (FPC) has announced that Carolyn Wilkins has been appointed as an…
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