The Financial Reporting Council’s amendments to FRS 102 represent one of the most significant changes to UK GAAP in recent years. For accounting periods beginning on or after 1 January 2026, the revised Section 23 Revenue guidance under FRS 102 applies a framework broadly aligned to the principles of IFRS 15 Revenue from Contracts with Customers.
Companies House has confirmed that significant changes to UK accounts filing requirements will take effect from 1 April 2028.
From 1 August 2022 overseas entities owning property in the UK must register on a new register of overseas entities (ROE) maintained by Companies House and will need to keep that register up to date by filing annual updates.
On the 17th June 2026, HMRC updated the guidance on mandatory payrolling of taxable benefits and expenses, announcing a phased introduction of mandatory payrolling from April 2027.
HMRC has introduced a new R&D targeted advance assurance service as a pilot, giving eligible small and medium-sized enterprises (SMEs) greater clarity on specific complex or high-risk areas before they submit an R&D tax relief claim.
Against a backdrop of frozen inheritance tax thresholds, rising asset values and increasing succession planning pressures, family investment companies have emerged as an increasingly popular wealth management structure…
Knowing the value of your business is incredibly insightful, whether you want a clearer view of your financial health, wish to impress investors or are looking to sell…
Companies House is introducing a major compliance shift from November 2025. Identity verification will become mandatory for all company directors, members of LLPs, persons with significant control (PSCs), and anyone involved in managing or filing documents on behalf of UK companies, from 18 November 2025.
Charities and Community Amateur Sports Clubs (CASCs) will enter a more demanding compliance environment from April 2026, as new charity tax rules take effect.
