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Finance | Changes to small LLP disclosure requirements explained

Steve Collings FCCA explains the new disclosure requirements for small limited liability partnerships introduced as a result of revisions to FRS 102 1A and the LLP SORP 2026

25 Feb 2026

Business | Harlequin timeshare boss must repay £283k or face more jail

Former head of Harlequin Group, David Ames, slapped with a £283,321 confiscation order after SFO investigators discover luxury homes in Dubai and cash in hidden bank accounts

25 Feb 2026

Business

Called to Account

Image for rate small employer relief statutory payments increase

Tax | Rate of small employer relief for statutory payments to increase

HMRC confirms small employers’ relief (SER) rate of compensation for certain statutory payments and other benefits will increase from 6 April

25 Feb 2026

Tax

Employment Tax

HMRC

Image for abrdn property trust hires grant thornton ps167k audit

Finance | Abrdn property trust hires Grant Thornton for £167k audit

FTSE listed Abrdn Property Income Trust switches audit business to Grant Thornton after Big Four incumbent resigns

25 Feb 2026

Finance

Corporate Governance

Image for avoiding tax traps 40 payers fiscal drag bites

Tax | Avoiding tax traps for 40% payers as fiscal drag bites

Helen Morrissey, head of retirement analysis, Hargreaves Lansdown explains how to avoid the sneaky tax traps for higher rate taxpayers from higher pension contributions to transferable CGT allowances

25 Feb 2026

Business | AAB snaps up Rora from ex-PwC accountants

Private equity backed AAB Group acquires virtual finance specialist firm Rora, set up by former Big Four staffers to expand outsourced support for finance teams

25 Feb 2026

Business

Accountancy Firms

Private Equity

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Business | Chartered status is not ‘a badge for a minority’

Group of leading chartered institutes call on government for greater awareness of chartered status, saying membership recognition would increase accountability and trust

25 Feb 2026

Leadership & Management

Image for lycamobile loses ps51m vat appeal ftt correctly directed itself

Tax | Lycamobile loses £51m VAT appeal as FTT 'correctly directed itself’

Mobile operator Lycamobile loses appeal as Upper Tribunal rules bundled charges liable for VAT even for allowances not used by customers in long-running dispute

24 Feb 2026

Finance | Legal updates: tail clauses, engagement letters and advisor fees

Sophie Brookes and Debbie Shaw examine rulings in Strand Hanson case on tail clauses in transactions and advisor fees, dissolution of family partnership in Cobden where no written agreement, and changes to UK prospectus regulations

24 Feb 2026

Finance

Law and Regulation

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Business | Head of Deloitte UK to move to top EMEA job at firm

Deloitte to set up a brand new regional firm covering Europe, Middle East and Africa (EMEA) to be headed up by Richard Houston, who is stepping down as UK CEO, triggering a vote for a new senior partner

24 Feb 2026

Business

Accountancy Firms

Work

Leadership & Management

Image for qa tax liability under foreign income gains regime

Tax | Q&A: tax liability under foreign income & gains regime

In this week’s Q&A, Abigail Bothe, adviser at Croner-i VIP Tax Team, explains the beneficial tax implications on overseas income under the foreign income & gains (FIG) regime

24 Feb 2026

Tax | Register for webinar on the Spring Statement and April tax rises

Join our Spring Statement webinar with Croner-i tax experts on Wednesday 4 March at 2pm

24 Feb 2026

Finance | FRC drops EY unnamed audit investigation

Audit regulator abandons plans to investigate EY over audits for unnamed company as no evidence to proceed

24 Feb 2026

Finance

Auditing

Corporate Governance

Image for reckless director jailed ps77m plane parts fraud

Business | ‘Reckless’ director jailed for £7.7m plane parts fraud

Surrey director sold thousands of fake airplane engine parts to global airlines, falsified invoices and invented employees in ‘utterly inexcusable’ fraud

24 Feb 2026

Business

Called to Account

Tax | Hair extension business wins £277k VAT dispute as lack of explanation

Upper Tribunal rules against HMRC after hair loss replacement business wins appeal over zero rating of supplies due to flimsy reasoning for decision

23 Feb 2026

Tax

VAT

Case Reports

Image for trump slaps 15 universal tariff

Tax | Trump slaps on 15% universal tariff

US president imposes immediate 15% global tariff after Supreme Court struck down Liberation Day rates

23 Feb 2026

Tax | Too many sole traders ‘know very little’ about MTD

Low awareness is coupled with scepticism as one in four self employed and sole traders do not see any benefit from Making Tax Digital (MTD) for Income Tax, saying it will only help HMRC and raise their costs, latest survey finds

23 Feb 2026

Tax | Payroll warning as state pension age rises

Upcoming changes to the state pension age for men and women will see retirement age increase from 66 to 67 years, affecting payroll and national insurance contributions

23 Feb 2026

Business | Mandelson consulting firm collapses after big name clients quit

Global Counsel, the £21m consulting firm set up by Lord Mandelson a decade ago, has gone into administration after major corporate clients pulled out after fallout from Epstein files

23 Feb 2026

Business

Restructuring & Insolvency

Politics

Image for xeinadin acquires tbl accountants southend

Business | Xeinadin acquires TBL Accountants in Southend

Private equity backed Xeinadin expands Essex presence with acquisition of TBL Accountants, relocating staff into single Southend office

23 Feb 2026

Business

Accountancy Firms

Private Equity

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Tax Services

Latest news

Finance | Changes to small LLP disclosure requirements explained

Business | Harlequin timeshare boss must repay £283k or face more jail

Tax | Rate of small employer relief for statutory payments to increase

Finance | Abrdn property trust hires Grant Thornton for £167k audit

Tax | Avoiding tax traps for 40% payers as fiscal drag bites

Business | AAB snaps up Rora from ex-PwC accountants

Business | Chartered status is not ‘a badge for a minority’

Tax | Lycamobile loses £51m VAT appeal as FTT 'correctly directed itself’

Finance | Legal updates: tail clauses, engagement letters and advisor fees

Business | Head of Deloitte UK to move to top EMEA job at firm

Tax | Q&A: tax liability under foreign income & gains regime

Tax | Register for webinar on the Spring Statement and April tax rises

Finance | FRC drops EY unnamed audit investigation

Business | ‘Reckless’ director jailed for £7.7m plane parts fraud

Tax | Hair extension business wins £277k VAT dispute as lack of explanation

Tax | Trump slaps on 15% universal tariff

Tax | Too many sole traders ‘know very little’ about MTD

Tax | Payroll warning as state pension age rises

Business | Mandelson consulting firm collapses after big name clients quit

Business | Xeinadin acquires TBL Accountants in Southend