Displaying 1-20 of 1050 results
Chancellor tightens screws to slow public finance deterioration
- Article
- 28 Mar 2025
Rachel Reeves used her first Spring Statement to set out a series of strict objectives to bring the public finances back under control.
Government considers extending R&D advanced clearance service
- Article
- 28 Mar 2025
After preliminary discussions with key stakeholders, including ICAEW, a consultation on widening the advanced clearance process for research and development (R&D) tax relief was published alongside the Spring Statement on 26 March 2025.
Chancellor walks tightrope over uncertain landscape
- Article
- 27 Mar 2025
Despite welcome improvements to the OBR forecast and positive noises on defence spending and capital investment in the Spring Statement, the economy remains on shaky ground.
FRC sets out ‘growth-supporting’ strategy
- Article
- 27 Mar 2025
The latest three-year plan from the Financial Reporting Council tries to build on the government’s push for growth-supporting regulators.
Member Insights: March 2025
- Article
- 27 Mar 2025
Appetite for investment remains muted amid ongoing uncertainty at both national and international levels.
MTD income tax will be extended in 2028
- Article
- 26 Mar 2025
Alongside the Spring Statement 2025, it was announced that Making Tax Digital (MTD) for income tax will be extended to those with turnover of more than £20,000 from April 2028. Taxpayers in MTD income tax will need to use commercial software for their final tax return.
Proposed public sector accounting standards ‘could encourage greenwashing’
- Article
- 25 Mar 2025
The narrow definition of climate-related public policy programmes in the International Public Sector Accounting Standards Board’s latest exposure draft could increase the risk of greenwashing, warns CIPFA and ICAEW.
Infrastructure spend must be smart, as well as speedy
- Article
- 25 Mar 2025
ICAEW has revealed the results of a snap poll of members, confirming that the government must better focus its infrastructure investment or risk ‘displacing’ private sector funding.
Economic update: key trends ahead of the Spring Statement
- Article
- 24 Mar 2025
The UK economy endured a poor start to 2025 amid January’s financial market turbulence. ICAEW’s Economies Director Suren Thiru discusses the implications.
Public sector finances disappoint ahead of Spring Statement
- Article
- 24 Mar 2025
The shortfall between receipts and public spending reached £132bn in the 11 months to February – and is potentially on track to hit £150bn by the end of the financial year.
Chart of the week: Pre-Spring Forecast forecast
- Article
- 21 Mar 2025
Our chart looks ahead to next week’s Spring Statement by looking back at the fiscal forecast prepared by the OBR last October.
Chancellor promises ‘radical shake-up’ of regulation
- Article
- 20 Mar 2025
The Better Regulation Action Plan aims to review regulation and reduce the number of regulators in order to encourage growth.
PAC says government flying blind on struggling council finances
- Article
- 19 Mar 2025
As the local audit crisis continues, the Public Accounts Committee warns government accounts are not focused sufficiently on long-term financial risks posed by climate change, rising health spending and geopolitical tensions.
Government confirms consultation on business growth scheme
- Article
- 19 Mar 2025
First announced in December, the Business Growth Service will serve as a one-stop shop for government advice and support, to streamline the government’s offer to small companies and to assist businesses seeking to raise finance.
Employment Rights Bill – what proposed changes mean for you
- Article
- 19 Mar 2025
As the Employment Rights Bill continues its passage through parliament, we look at what the proposed changes mean for business.
Have your say ahead of the Spring Statement
- Article
- 18 Mar 2025
To kickstart economic growth the government needs to accelerate infrastructure projects, ensure access to skilled workers and support investment in new technologies, says ICAEW.
ICAEW marks making tax digital’s 10th birthday
- Article
- 18 Mar 2025
Ten years ago today, George Osborne laid the foundations for making tax digital (MTD), promising to “abolish the tax return altogether”. ICAEW’s Tax Faculty looks back at the key events and considers the future of MTD.
Why the net-zero economy is key to UK growth
- Article
- 17 Mar 2025
“You can’t have growth without green,” says CBI Chief Economist, as a report shows that the UK net-zero segment is delivering greater economic value and productivity than major sectors such as advertising and agriculture.
Hundreds of local government bodies receive disclaimed audit opinions
- Article
- 17 Mar 2025
The impact of the latest backstop date has become clear as auditors were unable to provide substantive assurance on more than 200 accounts of local government bodies for the 2023-24 financial year.
Chancellor must prioritise skills, tech and infrastructure
- Article
- 17 Mar 2025
To kickstart economic growth the government needs to accelerate infrastructure projects, ensure access to skilled workers and support investment in new technologies, says ICAEW.
Displaying 1-20 of 1050 results