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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.

Tax cut for employers of veterans comes into effect

A National Insurance contributions holiday for businesses who employ armed forces veterans…
Sunak delays debate for online sales tax until autumn

Sunak delays debate for online sales tax until autumn

Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to…

UK public finances fall in February

The year-on-year decline for the UK’s public finances in February turned out to be slightly…

The Spring Budget: What it means for accountants

Even before the Chancellor Rishi Sunak delivered his second Budget, we knew that it would be…

Sustainable ambition vs. action in the financial services sector

While announcing the government’s budget for 2021, Rishi Sunak confirmed the government has…

Budget 2021: Chancellor unveils new £65bn support package

Chancellor Rishi Sunak has outlined a new £65bn support package in his March budget,…

Sunak to extend furlough scheme until September

Chancellor Rishi Sunak is expected to extend the furlough scheme until September as part of…

MPs warn Sunak against tax hike

MPs have warned chancellor Rishi Sunak ahead of the March Budget that “now is not the time…

Chancellor to unveil £5bn support package

Chancellor Rishi Sunak is expected to offer over 700,000 retail, hospitality and other…

Chancellor expected to extend furlough until May

Chancellor Rishi Sunak is expected to announce a further extension to the government’s…
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