Category: Articles

With the Labour Party winning the 2024 general election in July, the new government is making changes to some key areas of the proposed policies previously announced.

We explain why it is important for multinational entities (MNEs) to understand the interaction of Pillar Two and US tax principles – and how that affects UK intermediate entities.

The growing threats of cyber attacks and operational risks against a complex geopolitical backdrop are sharpening the focus of regulators. We summarise what firms must do by the March IBS deadline.

What do the revised thresholds for Solvency II mean for firms? And what are the benefits of becoming a non-directive firm (NDF)?  

The FRC published periodic changes to FRS 102 in March. So what do these changes mean for insurers?

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?

Endorsement of the new ISSB standards is due early next year. We provide insight into the proposed requirements.

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.

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.

As expected, the Labour Manifesto has confirmed that it will close the ‘loophole’ on carried interest.

We highlight the key challenges of the new Global Internal Audit standards, aiming to help internal auditors meet the essential requirements effectively and appropriately.

We look at the key changes proposed for the non-dom regime and overseas workday relief for expats.