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Business & Accountancy Daily

July 2026
Highlights from July 2026, including the key tax, audit and accounting news and analysis
Articles
Business
- AAB expands footprint with major Manchester move
- Azets acquires BDO medical services team and clients
- Beavis Morgan acquires EA in London push
- Cooper Accountancy buys Pink Pig Financials
- DJH acquires ‘forward thinking’ Thorne Widgery
- DJH acquires ‘tech-led’ Gooding Accounts
- Effective PR: how to stand out in a crowded accountancy market
- Equalising capital gains with income tax would be ‘act of economic self-harm’
- Grant Thornton buys Fairgrove to expand deals advisory work
- Gravita pumps up charity expertise in Godfrey Wilson deal
- MHA revenues up 12% at £251m as listed status pays off
- Private equity threat to accountancy firm model
- Tax adviser register: what does relevant individual mean?
- What happens when clients rely on bad tax advice from finfluencers?
- You don’t need a Big Four budget to compete on AI
Finance
- Academy trust accounting rules updated
- Audit Wales issues Code of Audit Practice 2026
- Barratt Redrow hires EY for £3.3m audit
- EY fined £1.2m for Made.com audit after ‘lack of management challenge’
- FRC investigates KPMG and two accountants over Wood Group audit
- Guidance for auditors with clients trading on PISCES platform
- IASB clarifies fair value rules in IAS 28
- Landmark ruling on good faith, conduct and directors’ duties under s172
- PwC fined £3.2m for ‘numerous’ failings in more Babcock audits
- Regulator raps BDO over ‘unacceptable’ audit quality
- UK GAAP changes to lease accounting: part two
- UK GAAP changes to revenue and financial instruments: part three
HR
- Burnout risks for accountants
- Carrying over holiday accrued during maternity leave
- Employee references and data protection issues
- Employment tribunal claim limit doubles to six months
- Paternity leave for fathers joining company after baby’s birth
- Rights to leave for working parents of seriously ill children
- Supporting disabled employees at work
Tax
- 400k need to register for MTD by 7 August filing deadline
- B&M Retail had ‘reasonable excuse’ in £1.1m HMRC penalty case
- BlueCrest tax case: partner pay and salaried member rules
- Capital goods scheme claim threshold raised to £600k
- Chancellor named as John Healey, Reynolds at business
- Citadel ‘simply wasn’t on my horizon,’ tax barrister tells court
- Close companies and director’s loans in firing line
- Edinburgh pays most income tax after London’s £71bn bill
- HMRC calls top tax barrister ‘Mr Bridger’ in Italian Job jibe
- HMRC improves suspicious activity reporting for agent accounts
- HMRC recklessness conduct offence extends scope of powers
- HMRC tax adviser register: how the rules affect payroll professionals
- Hike in probate fees by 75% from mid-July
- How to avoid a large tax bill when cashing in pensions
- Inheritance tax risks and pension pot calculations
- Prediction markets and tax: what accountants need to know
- Q&A: VAT registration and exception rules
- Q&A: capital allowances and eligibility
- Q&A: how to apply the 5% summer VAT discount
- Q&A: rollover relief, goodwill and tax
- Scottish mansion tax will double council tax for £2m homes
- Tax barrister retrial set for October 2027
- Tax barrister trial collapses as jury fails to reach verdict
- The King, the top 100, and wealth taxes
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