HMRC mandates MTD-compatible software for quarterly and annual submissions for those with a qualifying income over £50,000 from April 2026. Thomson Reuters offers complete MTD functionality with internal calculation engines and agent flexibility. Ten critical questions help practices evaluate MTD software providers for compliance.   Following HMRC’s Spring Statement 2025 announcement that MTD mandated taxpayers […] … Read More

ACSP enforcement actions signal decisive regulatory shift for UK accountants HMRC and Companies House have issued 77 enforcement actions against non-compliant filing agents. Spring 2026 deadline makes ACSP registration mandatory for all professional company filings. Modest ACSP registration to date despite over 5.4 million UK companies requiring filing services.   In an unprecedented move, HMRC […] … Read More

Companies House fraud protection has become critical as fraudsters increasingly target UK businesses with sophisticated scams. With digital identity verification launching, cybercriminals are developing advanced methods to circumvent protective measures. This comprehensive guide provides essential fraud prevention strategies, helping you identify deceptive communications and implement robust compliance measures to protect your business integrity. Jump to […] … Read More

Executive summary UK anti money laundering and counter terrorism financing oversight is being reshaped. HM Treasury has confirmed its decision to create a Single Professional Services Supervisor and to transfer supervision of accountancy, legal, and trust and company service providers to the Financial Conduct Authority, subject to legislation and a transition plan. The follow-on consultation […] … Read More

Thomson Reuters and SAP have partnered to deliver a powerful ESG reporting solution, now available in the SAP Store. By integrating ONESOURCE Statutory Reporting with SAP’s Sustainability Control Tower, the platform combines regulatory expertise with advanced ESG data management to help organisations meet European Sustainability Reporting Standards (ESRS).   Highlights:  Discover how the integration solution […] … Read More

Generative artificial intelligence (GenAI) has dominated business headlines for the past two years, promising to revolutionise everything from customer service to financial analysis. Yet when it comes to corporate tax departments, a striking gap exists between the hype and reality. According to the Thomson Reuters Institute’s 2025 State of the Corporate Tax Department report , two-thirds […] … Read More