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Latest ICAEW Insights and accountancy news for April 2021

All the latest news about ICAEW and the accountancy profession.

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Key measures in Spring Finance Bill 2023


The Finance (No. 2) Bill 2022/23 includes Spring Budget announcements such as the full expensing first-year capital allowance, abolition of the pension lifetime allowance charge and investment zones.

UK interest rates rise to 4.25%


Eleventh successive hike since December 2021 from the Monetary Policy Committee lifts interest rates in the UK to their highest level since October 2008.

ChatGPT and accountancy: know its limits


Generative AI such as ChatGPT offers plenty of opportunities for accountants to automate certain tasks, but it’s important to understand its issues and limitations before putting the technology to use.

Neurodiversity: the power of thinking differently


Up to 20% of the UK population is neurodivergent and yet as we reflect on Neurodiversity Celebration Week, embracing the strengths that diversity of thought can offer business remains a work in progress, says Dan Harris.

Public sector finances return to red


February fiscal deficit hits £17bn, while the cumulative deficit for 11 months of £132bn doesn’t include backdated public sector pay awards.

Supporting staff through Ramadan


Communication, support and empathy can ensure your Muslim colleagues can celebrate their faith without it impacting their work

Credit Suisse: unpacking the fallout


In what has been a turbulent time in the banking world, the collapse and subsequent buyout of Credit Suisse is likely to have far-reaching ramifications.

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