Best Plan for Selling an Accountancy Practice

Plan for Selling an Accountancy Practice If you are thinking of selling an Accountancy practice in the next three to five years, you need to make a perfect plan for selling an accountancy practice. Have you paused to consider why you’re selling? Many sole practitioners love the day-to-day activities of their business. They enjoy working […]
HMRC and SME’s Tax in 2018

Are SMEs ready for Making Tax Digital? With MTD (Making Tax Digital) representing “the single most significant change to the UK’s system of taxation in recent times”, Knill James partner Nick Rawson assesses the readiness of SMEs for digital tax reporting HMRC is planning for the majority of businesses in the UK to maintain their […]
Chancellor Philip Hammond Builds For Brexit

Philip Hammond “builds for Brexit” with a £27bn “shock absorber”, but the papers also raised major concerns about higher borrowing. The Financial Times stated that the chancellor created a £27bn fiscal “shock absorber”, in terms of investment to protect the economy against Brexit uncertainty. It also pointed out the borrowing over the next five years […]
Rise in Accountancy Mergers Report

Accountancy Practices For Sale In the UK Increases. Continued consolidation has driven down the number of accountancy firms in the UK from 6,962 to 6,622, new research has revealed. The rate of consolidation – down 41% since 2002 – is now beginning to accelerate again following a slowdown since 2010, says LDF, an independent finance […]