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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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The Treasury

HM Treasury is the UK government department responsible for developing and executing the country’s economic and financial policy. Its remit covers fiscal policy, taxation, public spending, financial services regulation, and oversight of government borrowing and debt management. The department plays a central role in shaping the UK’s business environment, with decisions that directly impact corporate taxation, infrastructure investment, and public sector funding.

Coverage includes fiscal statements, Budgets, Autumn Statements, and Spending Reviews, along with Treasury consultations and policy announcements affecting the accountancy and finance profession. Editorial reporting also examines the department’s role in responding to economic challenges, regulatory reforms in financial services, and collaboration with international bodies on tax, trade, and economic stability.

The Treasury

HM Treasury is the UK government department responsible for developing and executing the country’s economic and financial policy. Its remit covers fiscal policy, taxation, public spending, financial services regulation, and oversight of government borrowing and debt management. The department plays a central role in shaping the UK’s business environment, with decisions that directly impact corporate taxation, infrastructure investment, and public sector funding.

Coverage includes fiscal statements, Budgets, Autumn Statements, and Spending Reviews, along with Treasury consultations and policy announcements affecting the accountancy and finance profession. Editorial reporting also examines the department’s role in responding to economic challenges, regulatory reforms in financial services, and collaboration with international bodies on tax, trade, and economic stability.

What does the NDA consultation mean for accountancy firms?

The government’s proposed restrictions on NDAs are expected to impact professional services…

VOA to integrate with HMRC

The agency will be integrated into HMRC on 1 April to streamline statutory services
Capital gains tax receipts rise 69% in January

Capital gains tax receipts rise 69% in January

The surge in receipts follows changes to CGT rates introduced in the October 2024 Budget

How AML oversight is changing for professional services

The UK government officially confirmed on 21 October its intention to transfer anti-money…

Lords urge chancellor to show how finance sector will support growth

The House of Lords Financial Services Regulation Committee has written to the chancellor,…

FCA appoints new chair of Smaller Business Practitioner Panel

The Financial Conduct Authority (FCA) has appointed Will Self as chair of its Smaller…

RCK Partners appoints Lord Philip Hammond as chair

RCK Partners, a tax consultancy specialising in R&D tax credits, has announced the…
IHT Receipts reach £6.8bn in April to February

IHT Receipts reach £6.8bn in April to February

The Treasury raked in £6.8bn in inheritance tax receipts in the eleven months from April…
Inheritance tax receipts hit £5.7bn between April and December 2023

Inheritance tax receipts hit £5.7bn between April and December 2023

The Treasury received £5.7bn in inheritance tax receipts in the nine months from April to…
UK corporation tax bills hit record £84bn

UK corporation tax bills hit record £84bn

UK corporation tax bills rose by 21% to a record £83.8bn last year, up from £69.3bn the year…
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