Accounting Newsletter 

Making Tax Digital is less about tax and regulation than you may think

Evan Jones is Lead Technology Product Manager at Wolters Kluwer Tax & Accounting UK When we think of Making Tax Digital (MTD) for Income Tax, the obvious association is tax and regulation, but the reality is that MTD in any form is less about either of the above and more about how practices need to evolve as organisations, and how they might encourage their clients to begin to operate in a digital way. When it comes to practices making as smooth a transition as possible for their clients, there may…

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Accounting Services 

British accountants crippled by raging talent war

Nearly half (49%) of UK accountancy firms are suffering huge blows to growth, amid the skills and salary war raging across the profession. The astounding figure was uncovered during research conducted by IRIS Software Group (IRIS), to understand more about the vital role accountancy professionals play in British business. Professional services firms have been hit hard by labour shortages, with many forced to turn work away due to a lack of staff, according to KPMG. IRIS also found a third (32%) cite the current skill set of talent in their…

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Accounting Newsletter 

A Pair of Senators are Trying to Get the Kiddos Hooked on Accounting in Grade School

Do you guys remember those after school specials of the 80s that made it seem like drug dealers hiding around every corner offering free drugs was going to be something one would have to be concerned about as we got older? I imagine I’m not the only one who was tremendously disappointed to find out there are no such drug dealers. Having to pay for our drugs aside, there was a lesson in there somewhere: the grown-ups were warning us to be cautious because kids are dumb and impressionable and…

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