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Ethics: four questions to assess company culture
When stepping onto a board or taking up a leadership role, how do you assess the ethics of the organisation? Here are the key questions you need to ask.
3 days ago


Public finances turn ugly just as Chancellor needs good news
The monthly public sector finances release for August 2025 published by the Office for National Statistics (ONS) on 19 September reported a provisional shortfall between receipts and total public spending of £18bn in August 2025 and £84bn for the five months then ended. These were £6bn and £12bn over budget respectively and £4bn and £16bn higher than in the same periods in 2024.
Sep 22


Businesses to benefit from rates reforms, says government
The government has announced that it will explore options for reforming business rates, including overhauling small business rates relief to make it easier for smaller businesses to invest and grow.
Sep 15


Taxpayers encouraged to ensure returns are correct and complete
HMRC has published guidance setting out what it expects of taxpayers who are considering applying novel or improbable interpretations of the law, or are uncertain how the law applies when submitting a tax return or similar document.
Sep 9


Simple assessment taxpayers can apply online for a payment plan
Taxpayers who owe tax of up to £50,000 under simple assessment can now apply online for a time to pay arrangement with HMRC.
Sep 1


DBT issues guidance on low-value shipments to US
UK businesses now face tariffs on “vast majority” of exports to the US, following Trump’s suspension of de minimis duty-free treatment of low-value goods from abroad.
Aug 31


Ireland: economic prospects, tariffs and the emerging world economic order
As businesses across the Republic of Ireland and Northern Ireland face US tariffs and ongoing turmoil, how can organisations build resilience, manage supply chains and make the right decisions to ensure they thrive?
Aug 25


Economic update: the UK economy faces a difficult road ahead
The UK economy is feeling the effects of growing domestic and international headwinds as GDP slows and inflation continues to rise. ICAEW’s Economies Director Suren Thiru discusses the implications.
Aug 18


HMRC targets personal expenditure
HMRC will run a digital campaign to ensure that income tax self assessment (ITSA) taxpayers do not claim tax relief for personal expenditure when completing tax returns for 2025/26.
Aug 11


New standard for firms certifying AI management systems
To promote trust and consumer confidence, the British Standards Institution has published a new standard on auditing artificial intelligence management systems.
Aug 4


Companies may have claimed marginal relief in error
HMRC is writing to companies that may have failed to include the correct number of associated companies in their corporation tax return and as a result claimed marginal relief in error.
Jul 28


“Major win” for HMRC in SDLT case
Following a recent court decision, HMRC is warning homebuyers to take care if they are considering claiming a repayment of stamp duty land tax (SDLT) on the basis that the property is in need of repair.
Jul 21


WWII accountants: Lieutenant-Colonel William Harris-Burland
An accountant that worked across Europe in the 1930s and then used his local knowledge, as well as his business and accounting skills to mastermind clandestine activities during the Second World War.
Jul 15


Scaling up: how to build flexibility into your strategy
How to grow: scaling a business isn’t just about growth, it’s about growth with resilience – especially during these times of greater uncertainty.
Jul 14


Chart of the week: Energy price cap
As reported by ICAEW According to Ofgem, the domestic energy price cap in Great Britain for the third quarter of 2025 commencing on 1...
Jul 7


Companies encouraged to review loan relationships
As reported by ICAEW HMRC is asking companies where it has opened an enquiry into the application of the unallowable purpose rule to...
Jul 7


Warning: 31 July deadline for paying income tax and NIC
The normal due date for paying income tax and class 4 national insurance contributions (NIC) under self assessment (SA) for a tax year is 31 January after the end of that year. However, some taxpayers need to make a POA on 31 January during the tax year and on 31 July immediately after the end of the tax year.
Jul 4


Hiring Slows as Costs Rise
New data from the Office for National Statistics suggests that UK businesses are continuing to slow down recruitment, with job vacancies falling by 63,000 between March and May.
Jun 19


Spending Review 2025: Takeaway Points for Your Business
Last week, the Chancellor unveiled her Spending Review setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of - both in terms of opportunity and outlook.
Jun 16


OECD Downgrades UK Growth Forecast, Citing Debt and Trade Barriers
The UK’s economic growth is set to slow more than expected, according to the Organisation for Economic Co-operation and Development (OECD), which has downgraded its forecast for 2025 to 1.3%, down from 1.4% earlier this year.
Jun 12
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