The Complete Guide to Selling Your Accountancy Practice: What Every Retiring Accountant Needs to Know
Are you a retiring accountant considering the sale of your accountancy practice? With over 30 years of experience in accountancy practice, sales, purchases, and valuations, I’ve helped countless practitioners across the UK navigate this crucial transition. Whether you’re running a small bookkeeping business or a large audit practice, understanding the market and process is essential […]
Retiring Accountant: Guide to Selling Your Accountancy Practice
The path of an accountant is often a lifelong journey. You navigate the numbers, watch businesses grow, and build relationships with clients who trust you with their most sensitive financial information. However, all good things must come to an end, and every retiring accountant has to face the big question: What to do with their […]
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 […]