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UK Spending Review 2025 and the Impact on Different Sectors

On 11 June 2025, Chancellor Rachel Reeves delivered a landmark Spending Review, where she pledged to increase departmental spending by 2.3% per year in real terms. An additional £190 billion is to be allocated to public services, sectors such as healthcare, transport...

Increase to Company Size Thresholds
Increase to Company Size Thresholds

UK company size thresholds have increased with effect for periods commencing on or after 6 April 2025. This change was initially announced in 2024, and has now come into force after a delay caused by the change in government last year. The new thresholds have reduced...

Selling a Care Home: Full Guide
Selling a Care Home: Full Guide

Selling a care home is a complex process and to undertake it successfully requires a deep understanding of both the care sector and real estate market together with specialist knowledge of company sales and their tax consequences. The process of selling a care home...

Rural Accountancy Group IHT Impact Report

We have contributed to a report on The Real Impact of the 2024 Autumn Budget IHT Announcements. This report was put together by the Rural Accountancy Group (RAG) in which includes 10 accountancy firms across England and Scotland who specialise in farming, estates and...

Fraud reimbursement scheme
Fraud reimbursement scheme

On 7th October 2024, the Authorised Push Payment (APP) fraud reimbursement scheme came into force. The scheme was introduced by the Payment Systems Regulator (PSR) which mandates bank and payment service providers must reimburse charities that are victims of APP fraud...

New Charities SORP on the Horizon
New Charities SORP on the Horizon

Charity accounting in the UK is based upon Financial Reporting Standard (FRS) 102 which is subject to periodic review every five years. The latest revision to FRS 102 was published in March 2024. The Charities Statement of Recommended Practice (SORP) provides...

Charities Struggling with Incomplete Trustee Boards
Charities Struggling with Incomplete Trustee Boards

Recent research from the eighth quarterly VCSE Sector Barometer from Pro Bono Economics has found that only 37% of charities have what they consider to be a complete board of trustees. This means that 63% of charities have an incomplete board of trustees at the time...