Government consults on mandatory e-invoicing – have your say

Posted on 20th February 202510th March 2025 by Samantha Nicholson

The UK government has initiated a 12-week consultation to explore the implementation of electronic invoicing (e-invoicing) across businesses and the public sector. Launched on 13 February 2025, this initiative seeks to gather insights on standardising e-invoicing and increasing its adoption nationwide. What is E-Invoicing? E-invoicing refers to the digital exchange of invoice information directly between Read more about Government consults on mandatory e-invoicing – have your say[…]

MTD for Income Tax for Self Assessment (ITSA) pushed back until April 2026

Posted on 22nd December 2022 by Samantha Nicholson

On 19th December the government announced that the first phase of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) will not be mandated until April 2026. Prior to this announcement, the mandatory use of software to remain compliant was set for April 2024. You can read HM Revenue & Customs announcement in full Read more about MTD for Income Tax for Self Assessment (ITSA) pushed back until April 2026[…]

Do I Need An Audit?

Posted on 13th February 2017 by Samantha Nicholson

Some UK companies are required to have their annual financial statement audited, and others are exempt from the statutory requirement due to their size or (in a few cases) their nature.Organisations which fall below certain thresholds are usually exempt from audit, unless they are members of a group.The thresholds determining company size for accounting purpose Read more about Do I Need An Audit?[…]