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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.

Job Retention Scheme hurts big businesses, says MHA MacIntyre Hudson

Larger businesses may be at a disadvantage due to the government’s new Job Retention Scheme,…

Chancellor set to unveil furlough replacement after Budget cancellation

Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures…
AAT welcomes online shopping tax as potential business rates replacement

AAT welcomes online shopping tax as potential business rates replacement

The Association of Accounting Technicians has welcomed the news that chancellor Rishi Sunak…
Chancellor mulls online sales tax

Chancellor mulls online sales tax

Chancellor Rishi Sunak is reportedly mulling an online sales tax, in a bid to support…

RSM calls for extension of Corporate Insolvency and Governance Act

RSM has urged the Government to extend the Corporate Insolvency and Governance Act by a…

CGT review could deal ‘another blow’ to entrepreneurs, says UHY

Chancellor Rishi Sunak’s call to review Capital Gains Tax (CGT) could deal “another blow” to…

AAT welcomes Chancellor’s summer economic update

The Association of Accounting Technicians (AAT) has welcomed chancellor Rishi Sunak’s summer…

Chancellor unveils new £9bn retention scheme

Chancellor Rishi Sunak has unveiled a new scheme to pay companies £1,000 bonus per employee…

SMEs reporting greater levels of stress, says ACCA

More than one in 10 businesses have said it may be “impossible” to reopen following…

Government confirms changes to ‘flexible’ furlough scheme

The UK government has confirmed the latest set of changes to its “flexible” furlough scheme…
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