Displaying 1-20 of 194 results
Budget expected to have negative impact on businesses, says ICAEW
- Article
- 04 Dec 2025
An ICAEW poll has found that close to three-quarters of respondents agreed the Budget would negatively impact their organisation.
NAO: Climate reporting has honed public bodies’ risk radar
- Article
- 01 Dec 2025
In the course of preparing for mandatory climate disclosures, central government bodies have improved their risk-management procedures and other operations, says report.
Economy explainers: what is the public balance sheet?
- Article
- 28 Nov 2025
What is the 'public balance sheet' and what does it mean for people and businesses? ICAEW experts offer this simple guide on the public balance sheet – the government’s assets and liabilities – why they matter and the future outlook.
Budget: Key changes impacting business taxation
- Article
- 26 Nov 2025
ICAEW’s Tax Faculty provides a summary of some of the changes affecting businesses announced at the Budget, including capital allowances and business rates as well as adjustments to penalty rates for late corporation tax filings and increasing the limits for venture capital reliefs.
Tax news in brief 11 November 2025
- Article
- 11 Nov 2025
Highlights from the broader tax news for the week ending 11 November 2025, including: an overview of HMRC from the National Audit Office (NAO); and the publication of newsletters and research by HMRC.
How information can be reported to make better financial management decisions in government
- Article
- 28 Oct 2025
Chronic underinvestment in technology across central government is hampering effective financial management. However, a new National Audit Office guide outlines how skills, culture, reporting infrastructure and data must come together to underpin decision making.
Digitally excluded can now apply for MTD exemption
- Article
- 30 Sep 2025
HMRC has published guidance on how to apply for an exemption from Making Tax Digital (MTD) for income tax where the taxpayer is digitally excluded.
ICAEW technical roundup: August 2025
- Article
- 28 Aug 2025
HMRC updates on MTD and compliance risks, a tribunal warning on AI use, and ICAEW training on sustainability assurance and guidance on group audits.
ICAEW technical round-up: July 2025
- Article
- 31 Jul 2025
HMRC sets out digital ambitions as service issues persist, and audit reform remains delayed, while the FRC provides clarity on related party disclosures for small entities and Companies House communicates an implementation date for changes to accounts filing requirements.
Age of upheaval: WWII's impact on accountants’ roles
- Article
- 24 Jul 2025
The role accountants played in industry and government ministries during and between the two world wars laid the foundations for the government’s use of chartered accountants to this day.
NAO disclaims government’s accounts for second time
- Article
- 18 Jul 2025
For the second year running, the National Audit Office has disclaimed the Whole of Government Accounts due to severe backlogs in English local authority audits.
Audit Wales calls for more preventative focus on homelessness
- Article
- 16 Jul 2025
Amid surging demand for temporary accommodation, scrutineer body makes case for more holistic approach to deliver better outcomes for taxpayers and those in need.
Streamline reporting requirements for small public bodies, urges NAO
- Article
- 30 Jun 2025
Small government bodies find the preparation and audit of their annual reports and accounts costly and time-consuming. NAO says reducing that burden would save money and help to improve accountability.
ICAEW technical round-up: June 2025
- Article
- 30 Jun 2025
Implications of the spending review on HMRC, the revised IFRS practice statement explained and a look at the opportunities offered to auditors by artificial intelligence.
Capabilities and workforce key to smarter public sector delivery
- Article
- 26 Jun 2025
Information-led strategy and a systematic approach to innovation among areas highlighted as crucial to meeting rising demand with stretched resources, NAO warns.
What makes a good non-executive director in the public sector?
- Article
- 18 Jun 2025
Our webinar with Adrian Crompton, the Auditor General for Wales, explored what personal qualities are essential for a good non-executive director in the public sector.
Charity thresholds must keep pace with inflation, ICAEW urges
- Article
- 13 Jun 2025
Current thresholds are a blunt tool and are due review for inflation, says ICAEW, amid concerns that the numerous thresholds add to the complexity of the regulatory regime facing charities.
HMRC more than doubles its compliance yield from wealthy individuals
- Article
- 20 May 2025
In 2023-24, HMRC collected or protected £5.2bn in tax from wealthy individuals that would otherwise have been lost, up from £2.2bn in 2019-20, the National Audit Office (NAO) has reported.
MPs call on HMRC to address challenges in tax administration
- Article
- 06 May 2025
Parliament’s Public Accounts Committee’s report reveals the challenges faced by HMRC in administering the increasingly complicated tax system, emphasising the need for simplification, improving trust among taxpayers and learning lessons from the implementation of MTD.
Technical round-up: April 2025
- Article
- 30 Apr 2025
This month’s top stories feature new sanctions for tax advisers; a warning for couples with furnished holiday lets; and a dip in HMRC performance.
Displaying 1-20 of 194 results