16 October 2024
National Security and Investment Act Annual Report 2023-24 – What have we learned?
The UK Government recently published its third annual report on the enforcement of the National Security and Investment Act 2021 (NSIA), which covers the period from 1 April 2023 to 31 March 2024.
16 September 2024
Brace for impact: How to navigate the 2025 property tax shake-up
The new Labour government is expected to announce significant tax increases in the upcoming October budget. This follows Chancellor Rachel Reeves' revelation of £22 billion in unfunded spending.
5 August 2024
Increasing director accountability: The new Audit Reform and Corporate Governance Bill
Earlier this month, King Charles III opened the first session of the new parliament by outlining the Labour government’s priorities. Among these was the much-anticipated draft Audit Reform and Corporate Governance Bill. It has been six years since Sir John Kingman delivered his independent review of the Financial Reporting Council (FRC), and the call for robust audit reform has remained strong.
30 July 2024
Selling soon? Keep tax in mind
The Chancellor’s statement yesterday highlighted a black hole in public finances. The Chancellor also reaffirmed Labour’s commitment not to raise income tax, NICs or VAT (beyond the addition of VAT to private school fees paid from yesterday in relation to the school term staring in January 2025).
22 July 2024
The AI Regulatory Regimes of the EU and the UK and how best to comply
The European Union's AI Act and the UK's AI Bill in the House of Lords represent two significant legislative efforts aimed at regulating artificial intelligence (AI) within their respective jurisdictions. Both frameworks seek to ensure ethical AI development and usage while fostering innovation, yet they diverge significantly in their regulatory approaches and implications.