Every accountant and bookkeeper in the land must be aware of the new Making Tax Digital for Income Tax rules starting from April 2026. Whilst this is a major change for the profession, the key question is how many taxpayers will it actually impact? The only way to get the answer to this was to ask HMRC, via a Freedom of Information Request. The results…

Starting an accountancy practice can be really rewarding. In fact it may just be the most rewarding thing that you do in your accountancy career. The joy of being your own boss giving you the flexibility to decide what you want to do and when you do it is immense. Having the ability to flex your work around other commitments can give you the work…

It seems that the life of a sole practitioner becomes ever more complicated with scores of regulations to follow every year. One set of rules that stand out are those related to anti money laundering. Although these rules have been around for a considerable amount of time, recent reports highlight that a significant number of accountants are falling foul of the regulations.