Latest News and Updates

22 Apr 2024

Celebrate World Earth Day by Embracing Sustainability in Accounting

 

20:20 Innovation guest speaker Georgina McLeod discusses sustainability in accounting and the impact accountan...

19 Apr 2024

Tax Administration and Maintenance Day

 

Explore 20:20 Innovation’s review of the new technical tax policy proposals on 18 April 2024. How will it impa...

16 Apr 2024

How to recruit and retain the staff you want for your accounting firm

 

In this 20:20 Innovation article we look at the ongoing challenges accounting firms are facing in recruiting a...

05 Apr 2024

How can the new HMRC £7.4m AI upskilling fund help accountants?

 

2020 Innovation technology expert Billie Mcloughlin discusses the new HMRC AI upskilling fund and how it can h...

28 Mar 2024

FRC updates FRS 102 – UK GAAP is changing

 

On the 27th March 2024 the FRC published the latest version of FRS 102, following the results of its periodic ...

28 Mar 2024

New Company Size and Audit Limits!

 

Following a period of consultation, the Government recently announced large increases in company size and audi...

27 Mar 2024

Partner Blog

What are the warning signs of company insolvency?

 

Being aware of the common warning signs of impending insolvency should be a priority for all company directors...

27 Mar 2024

Partner Blog

First glimpse into Accountex London 2024

 

Accountex London is set to make its annual return to ExCeL on May 15-16 2024, anticipating over ten thousand a...

12 Mar 2024

How technology will change accounting in the future

 

20:20 Innovation explores how accountants and tax professionals are continually adapting to increased digital ...

07 Mar 2024

Spring Budget 2024: 10 Key Takeaway Points for Accountants

 

Check out 20:20 Innovation’s top 10 takeaways from the Chancellor’s Spring Budget 2024 including advice for ac...

06 Mar 2024

What are the biggest challenges for accounting practitioners?

 

This 20:20 Innovation article delves into a number of the challenges facing the accounting profession and expl...

04 Mar 2024

Partner Blog

The Revolution of AI in Accounting: Trends and Implications

 

Artificial intelligence has been revolutionizing many industries recently, and the accounting sector is no dif...

20 Feb 2024

Could there be changes to the High Income Child Benefit Charge?

 

Explore this 20:20 Innovation article on the impact of potential HICBC changes in the latest Budget. This incl...

20 Feb 2024

How to market your accounting firm

 

This 20:20 Innovation article looks at what marketing accounting firms can employ to help you attract the righ...

15 Feb 2024

Partner Blog

Am I ready for Offshoring?

 

For business owners, directors, and accountants of small or medium-sized enterprises, the prospect of offshori...

07 Feb 2024

Is 2024 a Year of Three Finance Acts?

 

This article looks at the prospect of up to three Finance Bill announcements in 2024 and what that might mean ...

26 Jan 2024

Cash Basis: Are you ready for it to become the default?

 

Beginning in the 2024/25 tax year, the cash basis will be the default way of reporting the taxable profits or ...

26 Jan 2024

What Is New with Microsoft Copilot?

 

This article looks at the recent changes made by Microsoft and how Copilot has numerous applications for accou...