Local Chartered Certified Accountants for Accounting services in UK

Adults in Ireland who have yet to retire think they'll need an average of €40,860 per year to get by in retirement, equivalent to about three-quarters of the average Irish wage. In a nationwide survey of 900 non-retirees, Royal London Ireland found that men believe they'll need significantly more than women, expecting to require €44,000 on average, compared to €38,000 for women. The vast majority (97%) of people who have yet to retire in Ireland believe that the state pension alone is not enough to get by on in retirement. “People often underestimate the amount of savings required for a comfortable retirement – as well as the expenses they will face during this phase of life," said Mary Reilly , pension proposition lead at Royal London Ireland. "Our research found that, on average, people believe they will need €40,860 a year in retirement. "Given that a report published in 2024 found that a single person would need a pension of €33,600 a year, and that a coupl...

HM Revenue & Customs will treat certain disposals involving cryptoasset loans and liquidity pools as "no gain, no loss," deferring Capital Gains Tax until a user makes an economic disposal of the underlying cryptocurrency . The measure, published Monday, takes effect 6 April 2027 and applies to individuals and trustees entering cryptoasset loan and liquidity pool arrangements, according to the policy paper from the UK government . The rules cover three scenarios. An acquisition or disposal of an interest in a single cryptoasset lending arrangement in exchange for cryptoassets of the same type as those invested will be treated on a no-gain-no-loss basis. Borrowing arrangements will treat borrowed cryptoassets as acquired at market value at the time of borrowing, with any collateral disregarded for CGT purposes. For automated market-making arrangements , liquidity pools operated through smart contracts , a user acquiring an interest in exchange for the same type of cryp...

A timetable to implement the biggest pension reforms in a generation has been published today, showing how millions of savers will benefit over the coming years. A new Value for Money framework will for the first time require pension schemes to measure and publish how they perform against the best in the market Transparency will help tackle a performance gap that is currently leaving an average member £5,000 worse off over 5 years. A timetable to deliver the landmark Pensions Act gives industry certainty for the next stage of reforms. Default pensions will help millions convert their savings into a decent retirement income. Developed with the Pensions Regulator (TPR), the Financial Conduct Authority (FCA), HMT and key industry partners, the plan will boost the retirement pots of pension savers and give industry clarity over the delivery timetable for these landmark reforms. The centrepiece is a new Value for Money framework designed to drive up standards and ensure savers get th...

Every weekday morning, Shilpi Chotrani rides her bicycle from her home in the Spanish town of La Línea de la Concepción to Gibraltar. It's a short journey, but it means crossing an international border. A British Overseas Territory of around 40,000 inhabitants, Gibraltar has border control for those entering and leaving. That means that during the morning and afternoon rush hours, when around 15,000 Spaniards who work in the territory cross the frontier, there can be long, time-consuming queues. "The fact that there is a border between us is ridiculous," says Chotrani, who has a job in human resources in a Gibraltarian shipping and tourism company. "I don't think a fence should separate people from one place and another." Behind her, the 1,400-foot-tall Rock of Gibraltar is shrouded in early-morning cloud. Perched at the southern tip of mainland western Europe, it is just nine miles from Morocco, at a point where the Atlantic Ocean and the Mediterranean Sea ...

Starting a business is like building a launchpad for your dreams. Whether you are a student exploring digital commerce, a young designer launching a custom clothing line, or an independent consultant building your first client portfolio, stepping into the business world is an incredibly empowering journey. But as your project gains momentum and your sales grow, you will eventually reach one of the most important milestones of your business life: the Value Added Tax (VAT) system . In the UK, once your business’s taxable sales cross the compulsory threshold of ninety thousand pounds on a rolling twelve-month basis, registering for VAT is a legal requirement. However, entering the VAT system in 2026 is no longer just about filling out a tax form at the end of the year. Under the UK’s comprehensive Making Tax Digital (MTD) initiative, the way you record, calculate, and file your sales tax must be entirely digital. Understanding how MTD and VAT work together is the key to protecting your...

Stepping into the business world is one of the most exciting journeys anyone can embark on. Whether you are a student exploring digital entrepreneurship, a young creator launching a boutique design brand, or a contractor building a professional consultancy, reaching the level of Value Added Tax (VAT) registration is a massive milestone. It represents the official transition from a small local project into a fully scaled, high-momentum commercial enterprise. In the UK, once your taxable sales cross the compulsory threshold of ninety thousand pounds on a rolling twelve-month basis, entering the VAT system is a legal requirement. However, many business owners assume that registering for VAT means falling into a single, rigid administrative routine. In reality, HMRC offers multiple pathways to handle sales tax. Choosing the wrong method can drain your weekly cash reserves and fill your weekends with unnecessary administrative chores, while selecting the right match can protect your margi...