Latest News
The latest practice related news from ICAEW Insights.
MTD for income tax is taking off – here is your 6-step plan
- Article
- 18 Mar 2026
It's time to buckle up. MTD for income tax is no longer on the horizon; it's on the runway, and it's nearly time for take-off. This 6-step 'best practice' summary from IRIS can help.
Service Line Evolution: Managing Risk as Mid-Tier Firms Diversify
- Article
- 17 Mar 2026
Mid-tier accountancy firms are undergoing a period of structural change as they respond to shifting client expectations, technological disruption, and increasing regulatory complexity. Research from the ICAEW’s Evolution of Mid-Tier Accountancy Firms 2025 highlights a profession that is actively adapting its service mix while balancing growth opportunities with operational and regulatory risk.
ICAEW issues Engagement Letter updates: Key changes and guidance for firms
- Article
- 13 Mar 2026
ICAEW has issued updated engagement letter templates incorporating several significant new schedules designed to reflect recent regulatory, operational and technological developments.
2026: What’s next for regulatory reform?
- Article
- 24 Feb 2026
Although the government chose to scrap the Audit Reform Bill, there is still change on the agenda, explains Sophie Wales, Director of Regulatory Policy at ICAEW.
Consolidation: De-Risking M&A and PE in Mid-Tier Firms
- Article
- 16 Feb 2026
The UK mid-tier accountancy sector continues to experience sustained consolidation, driven by strategic growth ambitions and increasing private equity (PE) interest. The ICAEW’s Evolution of Mid-Tier Accountancy Firms: 2025 report highlights that acquisition-led growth is now firmly embedded across the segment, with a substantial majority of firms having already completed at least one acquisition and many planning further transactions.
Exclusive
Top 5 professional indemnity claims for accountants in 2025
- Article
- 19 Jan 2026
2025 was a transformative year for accountants. With rapid technological advancements, evolving regulations, and shifting client expectations, the profession has faced both exciting opportunities and new challenges. While accountants continue to play a vital role in business success, these changes have also increased the risk of professional indemnity (PI) claims.
Getting to grips with GenAI for Practice
- Article
- 13 Jan 2026
Gen AI in Practice: Registration is open now, with courses accessible via ICAEW’s learning platform and app for flexible, on-demand learning.
2026: Companies House and start of AML supervision changes
- Article
- 01 Jan 2026
AML supervision will shift to the FCA in 2026, and Companies House changes will continue, explains ICAEW's Economic Crime Manager Mike Miller.
Practicewire Newsletter
The latest issues concerning practices and sole practitioners from the Practicewire.
How members are putting MTD into practice
- Newsletter
- 28 May 2025
In this issue get practical insights into how members are implementing MTD. We share the updated ICAEW strategy and clarify alternate requirements.
UK Business Confidence Monitor (BCM) Q1 2025
- Newsletter
- 30 Apr 2025
In this issue read the findings of the Business Confidence Monitor for Q1 2025. The tax faculty shares key facts regarding payrolling of benefits and a government toolkit for National Living and Minimum wage communications.
Prepare for MTD income tax
- Newsletter
- 26 Mar 2025
In this issue read more about how to tackle client conversations about MTD income tax. We outline changes to Companies House identity verification and the latest sanction list.
Prepare for MTD for Income Tax
- Newsletter
- 22 Feb 2025
In this issue Rebecca Benneyworth gives insight into MTD income tax testing, the HMRC provide an AML risk assessment and we highlight the latest AI resources for your practice.
Budget drives dramatic drop in business confidence
- Newsletter
- 29 Jan 2025
In this issue we explore the effects of the budget on business confidence. We highlight new regulations around company size thresholds.
Understanding professional behaviour
- Newsletter
- 04 Dec 2024
In this issue get a better understanding of professional behaviour. We also share the FRC revised ethical standard 2024 and a new Helpsheet for amendments under FRS102.
Prepare for MTD ITSA
- Newsletter
- 06 Nov 2024
In this issue explore how to manage MTD ITSA workflows, FCA reporting obligations for auditors and CPD FAQs.
AML supervisory report findings
- Newsletter
- 06 Nov 2024
In this issue we share AML supervisory report findings and highlight the ISQM 1 annual evaluation Helpsheet.