The Chancellor Rachel Reeves included updates within the Spring Statement to Making Tax Digital (MTD) for Income Tax, expanding its reach to include a wider range of small businesses.
Cumbrian-based independent accountants, business and financial advisory firm, Armstrong Watson, has strengthened its position in Scotland by merging with Glasgow firm Martin Aitken, Accounting, Tax and Finance.
If a law firm is experiencing financial difficulties, and there is a possibility that it may have to enter into an insolvency process, it is vital to take professional advice from an insolvency practitioner as soon as possible. One specific area that will be covered by the insolvency practitioner is the concept of antecedent transactions.
Most political events have the potential to have a significant influence on market performance, investor confidence, and economic stability, whether that be a negligible ripple, short-term volatility or a longer-term decline in value.
HMRC's tax investigation activity is increasing, with 93,000 investigations opened in the last quarter. But what can make you a target for an HMRC investigation and how can you ensure you are compliant?
Armstrong Watson is delighted to announced the appointment of Tax Partner Tania Dimitrovich, who will lead and grow the firm's tax practice in Manchester.
Tourism and hospitality businesses are increasingly exposed to cybercrime and fraud. Hotels, restaurants, travel agencies, and leisure companies routinely process sensitive customer data, including bookings, payment details, and personal information – making them appealing targets for cyber criminals.
The Chancellor focused on spending cuts in the 2025 Spring Statement rather than raising taxes, but a string of previously announced changes to tax legislation are set to come into play from April.
The Chancellor Rachel Reeves announced a string of spending cuts to repair the Government’s finances. And while she didn’t introduce any significant new challenges, she also failed to provide substantial relief, particularly for businesses facing growing financial pressures.