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Tax

Sion Lewis, CEO IRIS Accountancy Solutions

IRIS draws up blueprint for success at Twickenham

IRIS will unveil its blueprint for accountancy businesses to thrive in the digital economy at its annual conference, IRIS World.  The UK’s largest accountancy software provider will explain how it is setting the future standard for tomorrow’s practices while continuing to serve the firms of today. IRIS will announce several making tax digital (MTD) developments […]

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BrandWatch: Fast route to accurate tax planning

Our latest BrandWatch feature takes a look at Absolute Accounting Software’s tax calculator apps. There are four apps, which have been created by tax expert and lecturer Tim Good. And they were developed in response to the complications and errors that have arisen from the recent changes to dividend and interest rules. Problems with tax […]

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The list goes on … HMRC’s VAT/MTD software suppliers

In July there were 18. In August there were 27.  In September there are 40. As that April 2019 deadline for Making Tax Digital for VAT starts to look just that little bit nearer, HMRC has updated its list of approved software suppliers. HMRC is working with more than 150 software suppliers that have said they’ll […]

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Business urges government to simplify UK tax

Let’s simplify UK tax. That’s the simple message from business to the government. And who could disagree? A survey of 1,100 companies demonstrates a feeling that HMRC red tape is clogging up the wheels of industry. And three in four firms reckon the cost of complying with the tax system is soaring, according to British […]

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Closing the tax gap … it’s complicated!

A few weeks ago, I wrote about the tax gap and how it was unfortunate that the figures were published at the same time Theresa May said taxes would need to rise in order to provide extra health service funding. The tax gap, as it’s quaintly known, is the difference between the amount of tax collected […]

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Debunking myths about age … plus more on MTD

Today’s theme is age. Young people make the ‘best’ entrepreneurs, right? Just look at the likes of Mark Zuckerberg, Steve Jobs and Bill Gates. All of them were still in their 20s when the zillions started rolling in and they’d changed everyone’s lives beyond recognition. But not so fast… the Harvard Business Review has published […]

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Women feature in top five accountants aged under 35

Three women feature in 2018’s top five accounting and finance professionals aged under 35. The Accountancy Age list highlights talented accountants who have made big career contributions so far. A No. 5 is Sophie Falcon, case manager, at ICAEW Professional Standards. Sophie had nine years at PwC, before joining ICAEW nearly four years ago. She reviews […]

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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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