Article Category: Accountancy Services
Income recognition on commercial contracts Updated FRS 102 and Charity SORP (2026)
16th December 2025
The updated FRS 102 introduces, for the first time, an overarching methodology for the recognition of commercial income (income from contracts with customers) and brings FRS 102 into line with IFRS 15.
Charities SORP (October 2025) – The Key Changes
16th December 2025
The updated Charities SORP, which was issued in September 2025, includes a number of significant accounting and reporting changes which charities will need to carefully consider during 2026.
Lease accounting – The new regime
13th December 2025
The updated FRS 102 (September 2024 version) comes into effect for accounting periods commencing on or after 1 January 2026. We take a look at one of the main changes happening regarding lease accounting requirements.
Key Budget Announcements 2025
3rd December 2025
We take a look at the key announcements from the Autumn Budget 2025, highlighting the primary tax changes and business updates.
The Autumn Budget 2025: Effect on the Charity Sector
27th November 2025
The Chancellor presented the Autumn 2025 budget yesterday after weeks of speculation, and many of the announced changes were in line with expectations. Take a look at the key items that may affect charities
Private Schools: Changes to VAT and Business Rates Relief
28th August 2024
HMRC has published guidance for private schools on the implications of charging VAT on fees, and changes to business rates relief. We bring you an overview of the proposed changes to be implemented in January 2025.
Companies House Reform
5th February 2024
The Economic Crime and Corporate Transparency Act, which became law on 26 October 2023, has introduced significant changes to the way Companies House will operate. Read on to get prepared.
Budget 2022 – Announcements and Tax Rates
31st March 2022
Given the continuing rise in basic living costs and now the outbreak of war in Ukraine, the Spring Statement delivered by Rishi Sunak highlighted that the aim was “to reform and reduce taxes”. Find out the key points of the budget and access the rates and tables for 2022/23.
Social Housing Sector Update
1st March 2022
A roundup of the latest issues impacting the social housing sector including forthcoming reporting updates and changes to government legislation
Charity Sector Technical Update – November 2021
29th November 2021
Catch up on the latest charity guidance, including draft amendments to the Charities Bill, Investing Charity funds, the Charity Governance Code, and the new consultation framework for the Charities SORP.
