New lease accounting rules are coming. Are you ready?
From 2026, lease accounting under FRS 102 is undergoing one of the most significant changes in recent years. For many businesses, particularly those with property leases, vehicles or equipment financing arrangements, this will have a material impact on reported assets, liabilities and performance metrics. If your business rents rather than owns, this matters. What […]
What Is a Tax Invoice? HMRC Requirements Explained
If you run a business in the UK, understanding VAT invoicing rules is critical for businesses so VAT can be reclaimed correctly and accurately reported. In this guide, we explain what a tax invoice is, what HMRC requires, and how to ensure your invoicing processes are still VAT compliant. It is equally important to provide […]