HMRC’s new powers to tackle electronic sales suppression
The HMRC has issued advice about the new powers and penalties under the Finance Act 2022 to tackle electronic sales...
READ MORETwo-thirds of accountants set to outsource services to remain competitive
Nearly two-thirds of accountancy firms (64%) in the UK are expecting to outsource core services in the future in order to keep a competitive edge in the industry, research by Accountancy Age and ForrestBrown has found.
Additionally, outsourcing’s scope has widened substantially. Over two-thirds of those who responded to the research (67%) said they will consider outsourcing “high-value services” their firm couldn’t offer. This is despite nearly three-quarters (72%) agreeing that “outsourced accountancy services can sometimes have a bad reputation”.
Read more at the Accountancy Age.
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SME owners have pumped £12k of their own cash into their businesses
NICs increase has immediate impact on business
Research of more than 1,100 UK employers by the British Chambers of Commerce has uncovered a series of negative...
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Digital platform reporting rules to start January 2024
New reporting rules for digital platforms will be implemented from 1 January 2024, said the HMRC.
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