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FRS 102 Changes: What UK Businesses Need to Know for 2026

From January 2026, important updates are being introduced to FRS 102, the main accounting standard used by thousands of UK businesses. These changes aim to make financial reporting clearer, more consistent and more reflective of how modern businesses operate. While the updates may sound technical, their impact will be very real, affecting how revenue is

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RMT Accountants strengthens Hexham presence with new appointment

RMT Accountants & Business Advisors has strengthened its growing presence in West Northumberland with the appointment of Beverley Affleck, who is now heading up the firm’s new Hexham office and will be joining the RMT board of directors. Beverley brings over 30 years’ professional services experience to the role, including significant involvement with agricultural firms,

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Autumn Budget 2025 – What It Means For You And Your Business

Key announcements from the Autumn Budget
– High-Value Property Surcharge: Properties over £2m face a new surcharge and higher property income tax from 2027–2028.

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Autumn Budget 2025: What Businesses Should Be Thinking About Now

With the Autumn Budget taking place on Wednesday 26 November 2025, businesses and individuals alike are starting to look ahead at what could be one of the most defining financial moments in recent years. Against a backdrop of slow growth, easing inflation, and a fiscal shortfall estimated at tens of billions of pounds, the Chancellor

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Taxation of Cryptocurrency in the UK: Upcoming Changes and What You Need to Know

Cryptocurrency has quickly evolved from a niche interest to a mainstream financial asset.

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What is MTD for Income Tax?

Making Tax Digital (MTD) is HM Revenue & Customs’ (HMRC) latest initiative aimed at modernising the UK tax system. It aims to make filing more effective, efficient, and easier for taxpayers to avoid making mistakes.

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(from left) Stephen Slater, managing director at RMT Accountants & Business Advisors, with RMT's new head of corporate finance Michael McCulloch

RMT Accountants appoints experienced dealmaker Michael McCulloch to lead its corporate finance expansion

RMT Accountants & Business Advisors has appointed experienced deals adviser Michael McCulloch as its new head of corporate finance.

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Measures announced

Although the Spring Statement is not intended to be a major fiscal event like the Budget, the Chancellor did announce some new measures. These included: Apprenticeship Levy, Local Full Fibre Networks, Borderlands Growth Deal and National Living Wage.

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Chris Brown|(from left) Stephen Slater

Chris Brown promoted to director at RMT Accountants & Business Advisors

RMT Accountants & Business Advisors has further strengthened its senior leadership team with the promotion of Chris Brown to director within its specialist healthcare division, which offers specialist accounting for healthcare professionals.

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