indomart.uk

If you’re VAT registered, you usually need to charge VAT on your taxable supplies at the correct rate. Getting VAT wrong on an invoice can lead to HMRC queries, penalties,…

Managing 13 branches, 49 staff, and hundreds of services a month is a good challenge to have, as R Banks and Son Funerals Ltd seeks to expand. This article discusses…

Rental income might seem straightforward at first. The rent comes in, you pay your mortgage, and whatever’s left is yours. But when HMRC gets involved, things start to look a bit different. …

Key takeaways A lack of skilled personnel is the second biggest AI implementation challenge in the profession, cited by 48% of accountants. Around 38% describe their practice as having limited…

Key takeaways The seven PCRT bodies published topical guidance on the ethical use of AI tools on 19 January 2026, alongside an updated PCRT effective from 1 January 2026. The…

Key takeaways A financial close checklist standardises reconciliations, reviews and sign-off into one repeatable sequence. It matters most when teams change, systems change, or transaction volume grows. Good checklists separate…

Key takeaways Every acquisition changes finance immediately—close, consolidation and reporting all get harder with each new entity. Day-one data migration and system alignment set the tone for how smoothly an…

Key takeaways AccountingWEB research in association with Sage reveals that just 7% of accountants report a “transformational impact” from AI, while 53% report only “minimal or moderate benefits”. Two-thirds already…

AI isn’t just for large corporations but for small businesses, too, offering the power to transform operations, improve customer experiences, and boost efficiency.  One expert in the use of AI for business is…

Entrepreneurs are people with big ideas. They have passion, determination, and creativity. But accounting knowledge doesn’t always come with the territory, and even when it does, there’s usually room to sharpen it.  A…