Business & Accountancy Daily

November 2025
Highlights from a busy month with a long-awaited Budget packed with tax rises, fallout from the WH Smith accounting problems, restrictive covenants and director breaches, and tips and advice on ID verification rules, plus Grant Thornton boss explains why the mid-tier firm went for private equity
Articles
Business
- Choosing an investor was never about money, it was about alignment, says Grant Thornton boss
- Clampdown on exam cheating by accountants
- Cooper Parry rolls out Azure Agentic AI tool to UK teams
- Government drops plan to regulate tax advisers
- HMRC hikes fees 33% for AML supervision at accountancy firms
- Jerroms snaps up Price Pearson firm
- Kinbrook Group expands in deal with £28m Old Mill
- Macalvins acquires Cox Costello & Horne
- National living wage rate goes up 4.1%
- UK SMEs forgotten in the Budget, says AAT chief
- When AI gets it wrong: responsible AI use in accountancy firms
- Why accountancy firms are ramping up apprenticeship places
- Wilson Partners deal with £3m LFF
Finance
- Audit threshold for Scottish charities raised to £1m
- BDO fined £5.8m for misconduct and ‘serious failings’
- Charity accounting overhauled in shift to proportionate approach
- ChatGPT in audit: helpful assistant or hidden hazard?
- Essential tips on ID verification for company directors
- FRC calls for improvement in quality of cash flow reporting
- FRC sets transition plan for 2026 Stewardship Code
- Fidelity China hires PwC for £62k audit
- ID verification and the complexities in identifying PSCs
- LLP accounting rules revised for partner pay changes
- Legal updates: restrictive covenants and ex-director
- Oxford Instruments reverts to Big Four for £1.2m audit
- Weak financial controls caused WH Smith £30m accounting error
- ‘Fraud accountability in our company is like pass the parcel’
HR
Tax
- Bar owner refused £31k late tax appeal over lost post
- Budget 2025 at a glance: key tax changes
- CPD module: MTD for Income Tax from April 2026
- Download our Budget 2025 Report
- HMRC register for tax advisers mandatory from May
- HMRC sends letters to taxpayers liable for MTD quarterly reporting
- HMRC will contact loan charge people with offer in January
- How loan charge bills will be calculated
- NHS Trust loses £267k VAT dispute over parking charges
- Q&A: business property relief and trusts
- Q&A: how to secure film tax relief
- Q&A: tax and foreign capital losses
- Q&A: tax and share buybacks
- Tax fraud warning for employment agencies and employers
- Tax implications of employees remote working overseas
- Treasury confirms loan charge settlement will cost £365m
- Understanding the tax implications of buying crypto
- ‘Most damaging Budget in living memory’, says tax expert
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