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Image for spike cgt ps169bn after fire sale assets

Tax | Spike in CGT to £16.9bn after ‘fire sale of assets’

Capital gains tax payments shot up in January 2026 in a ‘remarkable rise’ as investors tried to pre-empt potential tax rises which ended up being lower than expected

20 Feb 2026

HR | People in the news: HaysMac, Clive Owen, MGI

In this week’s career moves, partner promotions and hires at HaysMac, Clive Owen, S&W, Johnston Carmichael, Bishop Fleming, MGI Midgley Snelling, Azets, Kingsley Napley, Paul Hastings, Advancetrack, Baker Tilly International, Moore, Equiom

20 Feb 2026

HR

Work

Careers

Leadership & Management

Image for scottish rocket maker dragged down ps16m losses

Business | Scottish rocket maker dragged down by £16m losses

Company once pegged as ‘key part of the new space revolution’ falls into administration after receiving £20m taxpayer funded loan

20 Feb 2026

Business

Companies

Restructuring & Insolvency

Image for trump tariffs struck down us supreme court

Tax | Trump tariffs struck down by US Supreme Court

In a rare rebuke of presidential power, US Supreme Court invalidates president Trump’s Liberation Day tariffs in a majority ruling 6-3

20 Feb 2026

Tax | Accountants in Practice: Exclusive London event – two hours CPD

Join our expert speakers in London for a CPD-accredited seminar covering Making Tax Digital and the Employment Rights Act on Thursday 26 February

20 Feb 2026

Finance | IASB consults on clarifying fair value in IAS 28

The International Accounting Standards Board (IASB) plans minor amendments to IAS 28 improve application of fair value due to introduction of new IFRS 18 standard

20 Feb 2026

Finance

Financial Reporting

IFRS

Accounting Consultations

Image for five hr tips managing apprentices

HR | Five HR tips on managing apprentices

Stacie Cheadle, technical writer at Croner-i, looks at the practicalities of employing an apprentice and key HR issues employers need to consider

20 Feb 2026

HR

Work

Careers

Leadership & Management

Legal & Guidance

Image for gedling accountant must repay ps118k stolen council money

Business | Gedling accountant must repay £118k of stolen council money

Former senior accountant for Gedling Borough Council ordered to pay back just 12% of council money he stole to fund gambling after time in jail

20 Feb 2026

Business

Called to Account

Image for what you need know mtd income tax complexities

Tax | What you need to know: MTD for Income Tax complexities

With nearly 40 days until Making Tax Digital for Income Tax starts, Sara White asked HMRC to clarify some of the more complex aspects from use of bridging software, to what happens when income drops below threshold and how to get out of MTD once registered

19 Feb 2026

Tax | Golden visas v retirement visas: tax pros and cons

Federica Grazi, founder of Mitos Relocation Solutions, examines the pros and cons of golden visas versus retirement visas for UK nationals, how they work, the immediate tax implications, residency issues and ongoing costs

19 Feb 2026

Tax

Personal Tax

Tax Planning

Image for quiz clothing falls apart owing ps262m

Business | Quiz Clothing falls apart owing £26.2m

Scottish high street clothing chain Quiz Clothing goes into administration with over £2m in tax debt in last accounts of beneficial owners filed in 2025

19 Feb 2026

Business

Companies

Restructuring & Insolvency

Tax

HMRC

Image for haysmac snaps us tax team moore dm

Business | HaysMac snaps up US tax team from Moore DM

HaysMac acquires specialist US tax team from Moore Doeren Mayhew, a ‘pivotal step’ to drive international growth and expand private wealth services

19 Feb 2026

Business

Accountancy Firms

International Tax

Image for 55 retail cfos plan axe head office staff

Business | 55% of retail CFOs plan to axe head office staff

Soaring cost of hiring staff hits retail boardrooms with 55% planning to reduce office headcount and invest in automation

19 Feb 2026

Business | ‘Callous’ finance officer jailed after stole £893k from vulnerable

Bolton Council manager jailed after stole taxpayer money and lived a lavish lifestyle spending the money on two BMWs, a holiday home and garden landscaping

19 Feb 2026

Business

Called to Account

Image for goldman sachs adopts ai automate accounting

Business | Goldman Sachs adopts AI to automate accounting

Banking giant Goldman Sachs in throes of major overhaul of finance team using AI agents developed by Anthropic to automate accounting and compliance work

18 Feb 2026

Business | BDO partners vote for UK Ireland £1.1bn firm merger

BDO UK and BDO Ireland exchanged contracts on merger plans following partner vote approving transaction with completion expected by June

18 Feb 2026

Business

Accountancy Firms

Leadership & Management

Image for farm tax and legal planning dont be complacent

Tax | Farm tax and legal planning – don’t be complacent

Sweeping changes to agricultural property relief will see a cap on 100% inheritance tax reliefs, requiring an immediate review of ownership, lifetime gifting and tax liability for farm owners, explains Julie Butler FCA, founding director of Butler & Co Alresford

18 Feb 2026

Finance | Another change to FRS 102 accounts

Financial Reporting Council (FRC) amends FRS 102 requirements for presentation format of balance sheets and profit and loss accounts as IAS 1 standard replaced

18 Feb 2026

Tax | Tax adviser registration starts 18 May

HMRC clarifies sign-up details for mandatory register of tax agents with three-month window to submit applications and confirmation of exemption for in-house corporate tax and payroll teams

18 Feb 2026

Business | ‘Potential fraud’ investigated at PM Law

Sudden closure of Sheffield law firm triggers investigation over potential ‘misappropriation of client money’

18 Feb 2026

Business

Companies

Image for rd tax safeguards hmrc require careful navigation

Tax | R&D tax safeguards from HMRC require careful navigation

Business hates uncertainty so decision to stop tinkering with R&D tax relief finally signals a more collaborative approach from HMRC, argues Katy Long, director at ForrestBrown

18 Feb 2026

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Tax Services

Latest news

Tax | Spike in CGT to £16.9bn after ‘fire sale of assets’

HR | People in the news: HaysMac, Clive Owen, MGI

Business | Scottish rocket maker dragged down by £16m losses

Tax | Trump tariffs struck down by US Supreme Court

Tax | Accountants in Practice: Exclusive London event – two hours CPD

Finance | IASB consults on clarifying fair value in IAS 28

HR | Five HR tips on managing apprentices

Business | Gedling accountant must repay £118k of stolen council money

Tax | What you need to know: MTD for Income Tax complexities

Tax | Golden visas v retirement visas: tax pros and cons

Business | Quiz Clothing falls apart owing £26.2m

Business | HaysMac snaps up US tax team from Moore DM

Business | 55% of retail CFOs plan to axe head office staff

Business | ‘Callous’ finance officer jailed after stole £893k from vulnerable

Business | Goldman Sachs adopts AI to automate accounting

Business | BDO partners vote for UK Ireland £1.1bn firm merger

Tax | Farm tax and legal planning – don’t be complacent

Finance | Another change to FRS 102 accounts

Tax | Tax adviser registration starts 18 May

Business | ‘Potential fraud’ investigated at PM Law

Tax | R&D tax safeguards from HMRC require careful navigation