The new reality of AML compliance For many UK tax and accountancy firms, anti‑money laundering compliance has traditionally been understood as a matter of professional judgement and good intent. If the appropriate checks were carried out and risks considered, firms could feel confident they were meeting their obligations. That assumption is now being tested. Across […] … Read More

Plenty of MTD tools look impressive on the surface but fewer hold up once you run a real practice and clients through them. The market for MTD recognised software has grown sharply since Making Tax Digital for Income Tax was mandated this year. There are now more than 100 products vying for attention, and more […] … Read More

The move to the UK’s foreign income and gains (FIG) regime has significantly expanded the number of clients requiring specialist tax advice. For firms working with internationally mobile clients, the challenge is no longer understanding the rules but applying them consistently, accurately and at scale. This article explains how to assess eligibility, manage reporting requirements […] … Read More

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

It isn’t just about speed, it’s about confidence. If you’ve ever felt like your indirect tax team spends more time hunting down discrepancies than driving business value, you’re not alone. Across multinational companies, highly skilled tax professionals are stuck in a familiar cycle: downloading data from government portals, reconciling ERP systems with compliance tools, and […] … Read More