Category: Articles
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Solvency UK: changes for small firms
What do the revised thresholds for Solvency II mean for firms? And what are the benefits of becoming a non-directive firm (NDF)?
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UK GAAP: the latest updates for Carriers
The FRC published periodic changes to FRS 102 in March. So what do these changes mean for insurers?
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IFRS 9 impairment: what you should consider
Which IFRS 9 impairment considerations apply to related company loans? How do you apply expected credit losses? And how should you present related company loans in your financial reports?
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The future of annual reporting: general and climate-related disclosures
Endorsement of the new ISSB standards is due early next year. We provide insight into the proposed requirements.
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Long-term contracts and revenue recognition
Accounting for your long-term contracts under IFRS 15 – Revenue from Contracts with Customers (“IFRS 15”) can be complex. We explore why you should keep an eye on loss making contracts and what your auditors need you to prepare.
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PAYE Settlement Agreements: a solution to unwanted employee tax liabilities?
A nudge letter from HMRC about your tax affairs may feel like an irritant, but acting on it is in your best interest. We explain the frequent misunderstandings and how a PAYE Settlement Agreement (PSA) could be the solution.
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Labour plans to close the Carried Interest Loophole
As expected, the Labour Manifesto has confirmed that it will close the ‘loophole’ on carried interest.
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Reinventing your internal audit function – how far have you got?
We highlight the key challenges of the new Global Internal Audit standards, aiming to help internal auditors meet the essential requirements effectively and appropriately.
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What could the end of the non-dom regime mean for you?
We look at the key changes proposed for the non-dom regime and overseas workday relief for expats.
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Recovering VAT: how to avoid the pitfalls
What happens when a business considers claiming back VAT incurred on expenditure, via its VAT return to HMRC? Mark Ellis, VAT Partner provides a guide.
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MTD for ITSA – a simplified system
In the autumn, the Government announced its review of the current system. Discover how this may ease the burden.
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Private residence relief: pitfalls for the unwary
We outline the key pitfalls to be aware of when considering Principal private residence relief, or private residence relief (PRR).





