Acountancy Age

At Accountancy Age, we provide more than just numbers; we offer the latest updates, insights, and resources for accountants across the UK, whether they work in firms or within industries. Our aim is to build an informed and connected community within the accounting field. We cover essential topics like tax, technology, regulations, business, and the economy, delivering the insights that empower accountants to become strategic advisors for their clients and drive their businesses forward. We also highlight excellence in the profession by publishing rankings for firms and individuals, including the annual Top 50+50 UK Accountancy Firms and the British Accountancy Awards, which recognize outstanding achievements and professional growth in the UK accounting landscape. Recognizing the significance of career advancement, we offer our audience access to over 2,000 job listings from leading employers in the UK, along with expert analysis and guidance on career development within the accounting and finance sectors. With a subscriber base of 256,000, Accountancy Age keeps professionals informed about important issues while helping them advance their careers in finance. Sign up today with Accountancy Age to get the latest updates on topics that interest you straight to your inbox. You can also stay connected by following us on Twitter and joining our LinkedIn group. If your business targets accountants, check out our marketing solutions page to see how we can assist you in reaching and engaging with the accounting and finance community.

Trade/B2B

English

Online/Digital

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Global

#539679

United Kingdom

#60734

Finance/Accounting and Auditing

#135

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Articles

Small firms behind bulk of £47bn UK tax gap

1 week ago | accountancyage.com | Marina Mouka

The UK tax gap held steady at 5.3% in 2023–24, translating to £46.8 billion in unpaid taxes, according to the latest HMRC statistics. While the percentage has remained broadly stable over recent years, the shape of the gap is shifting—and not in ways many expected. Corporation Tax has now overtaken all other categories to account for 40% of the total tax gap, up from just 24% five years ago.
Ex-Sky, Barclays, KFC, and Deloitte execs unite to scale disruptive model

1 week ago | accountancyage.com | Marina Mouka

A group of former executives from Sky, Barclays, KFC and Deloitte have joined forces with the advisory firm Beyond the Blueprint to expand its reach among UK businesses facing strategic disruption and organisational change. The firm, which launched in 2023, has attracted high-profile backers from across the consumer, technology, and financial sectors.
1.1 million unanswered HMRC calls as MTD panic sets in

1 week ago | accountancyage.com | Marina Mouka

Self-employed workers are flooding the internet for Making Tax Digital (MTD) guidance as HMRC helplines fall short, leaving many scrambling for answers ahead of the 2026 rollout. New analysis by RIFT reveals a sharp spike in online search activity around MTD for Income Tax Self Assessment (ITSA), just as HMRC’s ability to respond to phone queries appears to be declining.
CIMA elects first sitting NHS CFO as President

1 week ago | accountancyage.com | Marina Mouka

John Graham FCMA, CGMA, has been appointed as the 92nd President of the Chartered Institute of Management Accountants (CIMA), becoming the first sitting NHS finance leader to serve in the role while holding a full-time executive position. He will also act as the 10th Co-Chair of the Association of International Certified Professional Accountants, the global alliance formed by CIMA and AICPA.
75% of Gen Z accountants want to run their own business

1 week ago | accountancyage.com | Marina Mouka

Three-quarters of UK accountancy students now say they want to start their own business, marking a decisive generational shift in how the next wave of talent sees the future of the profession. That’s according to new research from Intuit QuickBooks, which surveyed 500 students across various accounting pathways — from T Levels and apprenticeships to university degrees and professional qualifications.
Finance teams swamped by fragmented tools, study warns

1 week ago | accountancyage.com | Marina Mouka

Finance teams are being held back by a digital ecosystem that’s doing more harm than good, according to new data from expense management platform Pleo. In a UK-wide study of over 500 financial decision-makers, more than half (52%) said their organisation uses too many tools or platforms. On average, finance teams juggle seven different digital systems, around 40% of which are poorly integrated or entirely disconnected.
ACCA calls on Small Business Commissioner to settle overdue debts

1 week ago | accountancyage.com | Marina Mouka

The UK government has appointed Emma Jones as the new Small Business Commissioner (SBC), a move welcomed by the Association of Chartered Certified Accountants (ACCA), which called her arrival “a significant step” in tackling persistent late payment issues faced by SMEs. Jones, founder of Enterprise Nation, takes on the role at a time when late payments continue to place serious strain on small firms.
New guidance warns against ‘nil’ MTD submissions

1 week ago | accountancyage.com | Marina Mouka

New guidance from the UK’s leading tax and accounting professional bodies has been published to help advisers prepare for the rollout of Making Tax Digital for Income Tax (MTD for IT) from April 2026, with a focus on how Professional Conduct in Relation to Taxation (PCRT) applies in practice.
Step-by-step guide to using OCR for AP automation

1 week ago | accountancyage.com | Marina Mouka

As finance teams seek to automate and scale, AP automation has become a critical enabler of efficiency and control. At the core of most successful AP automation projects is OCR (Optical Character Recognition) software, which scans information from invoices and transforms manual work into automated, flawless workflows. OCR is often mentioned in finance transformation projects, but its exact role in end-to-end AP automation is not always clear.
The systems thinking workforce – powering competitive, responsive, resilient businesses - Accountancy Age

1 week ago | accountancyage.com | Marina Mouka

Business decision-makers are under increasing pressure to keep pace with the relentless acceleration of change and growing complexity across business ecosystems. In pursuit of greater efficiencies, technology has enabled businesses to increase automation with rules and processes and flatten organisational structures. But faced with ever-increasing complexity, surely managers need more time, not less, to make good decisions?