Popular now
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

Topic Hub

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.

Azets urges chancellor to support SMEs in March Budget

The forthcoming March Budget must “further relax business taxes and minimise the growing…

Sunak to delay review of business rates until autumn

Chancellor Rishi Sunak is set to reveal that he will delay a final report on the review of…

IFS urges Sunak to halt plans on tax rise in March Budget

The Institute for Fiscal Studies (IFS) has urged Rishi Sunak to use the March Budget as a…

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 and Switzerland strengthen financial services cooperation

Switzerland and the UK are making plans to deepen cooperation on financial services between…

Sunak looks to raise corporation tax in March budget

Chancellor Rishi Sunak is reportedly looking to raise corporation tax in the upcoming March…

Burgis & Bullock calls for greater self-employed support

Burgis and Bullock, a midlands accountancy firm, has urged the government to act with…

Chancellor unveils £4.6bn in new lockdown grants

Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant…

Furlough scheme extended until April 2021

The furlough scheme has been extended until the end of April 2021 with the government…

CGT simplification: would the price be too high?

Background Following Rishi Sunak’s request in July, the Office of Tax Simplification has…
Secret Link