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.

2.7 million still furloughed in September, says HMRC

Around 2.7 million workers were still on the Coronavirus Job Retention scheme towards the…
MPs call for delay in tax rises

MPs call for delay in tax rises

A group of northern Tory MPs have urged Chancellor Rishi Sunak to not raise taxes in this…

UK GDP recovers 15.5% in Q3

The UK economy showed signs of recovery in Q3 as GDP grew a record 15.5% from July to September.

Financial services green initiatives welcomed by ACCA

ACCA has welcomed chancellor Rishi Sunak’s announcement  that states it will be mandatory…

Chancellor outlines financial services support plan

Chancellor Rishi Sunak has outlined his plan to assist the financial services industry after…

Chancellor extends furlough scheme to March

Chancellor Rishi Sunak has announced that the furlough scheme will be extended until the end…

Sunak extends Covid scheme to pay up to half of wages

Chancellor Rishi Sunak has announced increases to the Job Support Scheme, which will now see…

Taxes may rise to £40bn to stop ‘debt spiralling upwards’, warns IFS

The UK may need to raise an extra £40bn in a year in taxes just to stop “debt…

Gov to cover 67% of wages for firms forced to shut

Chancellor Rishi Sunak has announced that businesses forced to shut due to local…

HMRC extends Self Assessment liability threshold

HMRC has increased the threshold for paying tax liabilities to £30K  for Self Assessment…
Secret Link