Say an intangible asset has an indefinite useful life but accounting standards state an annual impairment review needs to be done. On Xero you can register assets in the fixed asset module with no ...

Probably an easy answer, a corporate client (holding company of a trading group) has sold a 100% subsidiary (a trading company) and the relevant holding periods are fine. Happy that the SSE exemption ...

An individual who guaranteed a lessee's obligations under a lease of land has died. Can the landlord proceed against the guarantor's estate (effectively the widow) in respect of breaches of lease ...

There’s a conversation happening in boardrooms and partners’ meetings across the UK accounting sector. It goes something like this: “We know we ...

Do you ever feel like you are on a never-ending fairground ride – perhaps a haunted house – where every turn you take, something new and terrifying ...

This is not intended as merely another of my rants/digs at MTD IT ... it has a serious point. Irrespective of what many think about its incompleteness, and specific areas of unanswered questions, ...

Widow died 30 April 2024 (2024/25) leaving complicated estate of £4 million to two  daughters absolutely. The daughters were also executrices, and ...

For many UK accountants, finding resources to deliver effective and cost-efficient bookkeeping services can be challenging. Clients have little ...

From the 2025/26 tax year onwards, directors will be required to provide additional information in their tax returns. Autumn Murphy outlines what to expect.

Great British Summer Savings promises cheaper days out, but Emma Rawson of the ATT cautions the scheme adds yet more complexity to an already tangled tax.

A drinks wholesaler's claims for nearly half a million pounds in R&D tax credits have been dismissed in full at the FTT, in a decision that underlines why evidence from a competent professional is ...

Pre-accounting platform Dext has released a new artificial-intelligence agent designed to take the human judgment behind thousands of daily bookkeeping decisions and encode it into repeatable ...