Why Accountants Need Engagement Letter Templates
Do you know that 1/3rd of professional liability claims against accountancy and CPA firms involved cases where no engagement letters were drafted? […]
Value-Based Pricing for Accounting Firms: Moving Beyond Hourly Billing
Pricing services in the world of accounting has traditionally revolved around billable hours, timesheets and hourly rates. But does this truly reflect […]
ACSP: How Can Accountants Prove & Verify Clients’ Identity
The UK government has introduced stricter identity verification requirements, and any negligence or failure could result in civil penalties and criminal charges. […]
How to Get Authorised to Act as a Tax Agent on Behalf of Your Clients
In today’s digital world, tax agents play a crucial role in ensuring that individuals and businesses remain compliant with HM Revenue & […]
MTD for ITSA Expands in April 2028- What Accountants Need to Know?
Rachel Reeves’s Spring Statement which was meant for economic updates surprised the UK with buried details on tax measures including an important update on Making Tax Digital for Income Tax (MTD ITSA).
How to Simplify Accounting Compliance: 3 Easy Strategies for Businesses
Accounting and regulatory compliance are becoming more complex each year with frequent changes in industry, government policies and technological landscapes.
Registering with HMRC for an Agent Services Account: A Step-by-Step Guide
Creating an agent services account with HM Revenue & Customs (HMRC) is a crucial first step for tax professionals who wish to […]
Authorised Corporate Service Provider (ACSP) Registration: What Accountancy Practices Need to Know
Companies House made ACSP registration mandatory for accountants, legal professionals and agents under the Economic Crime and Corporate Transparency Act on 18 […]
Form 64-8 Formal Authorisation to Act as a Tax Agent: An In-Depth Overview
If you act as a tax agent or adviser, obtaining formal authorisation from your clients is a mandatory first step before dealing […]
Cone vs FigsFlow: Breaking Down the Key Differences
In a competitive market, businesses need strong proposals to attract clients and provide a smooth experience. But with so many options, choosing […]
Appointing Someone to Deal with HMRC on Your Behalf: A Complete Guide
Navigating the complexities of the UK tax system can be challenging, and many people choose to appoint someone, whether a professional or […]
GoProposal vs FigsFlow: Which is right for you!
A proposal portrays the company’s impression—it communicates on your behalf what you can bring to the table for the price your client […]