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IRIS snaps up Taxfiler; gig economy boosts Intuit

Welcome to Daily Insight and the first day of Accountex 2018. Today’s big news is UK accounting group IRIS is acquiring Taxfiler, the cloud tax and accounts group focused on small accountancy practices. Taxfiler, set up in 2012, is a cloud-based monthly subscription service for agents and accountants to submit statutory accounts and tax returns. […]

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Is it time for a change?

Over the past year or so, you’ve likely dealt with a lot of change. And, with our sights set on the future, more is on its way. First, cloud accounting software companies started targeting customers and your compliance revenues were threatened. So, you got the new software and put the processes in place. (Tick). Then…. […]

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Mel Stride looks into the future of taxation

What better way to warm up a cold and damp start to the week than with a few comments about taxation from Mel Stride, financial secretary to the Treasury. On the tax system and the changing face of business in the not too distant future, he says: “Who knows where it’ll end up. “I’ve just […]

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HMRC… it giveth and it taketh away, apparently

Good morning everyone, and welcome to Tuesday’s dip into the news from the worlds of accounting and finance. First up today is HMRC. This headline stood out by some considerable distance: “Accountants face increased HMRC demands for client information.” According to Accountancy Daily: “HMRC requests to accountants and other advisers for confidential information on clients […]

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Drivers for change in an accountancy practice

Many of us find change challenging. We rationalise our caution by saying, “If it ain’t broke, don’t fix it”, which provides an easy justification for personal and organisational inertia. But sometimes, change is unavoidable.  Here are the main drivers for change that affect modern accountancy practices. The economy There’s not a lot you can do […]

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