30 Jan 2025

BKL Spotlight – January 2025

News

Welcome to our first roundup of 2025! Read on for details of major accounting and filing changes affecting UK businesses in 2025-26, new EU VAT rules, videos with our Advance Business Services team and more.

AI and Business: Our Roundtable with ScultureAI

Our Chief Digital Officer Duncan Hardy, and ScultureAI Co-Founders Andrew & Elie Rashbass, brought their experience of developing innovative solutions for shaping organisational culture at our first roundtable event of the year.

We talked about AI’s potential for automation, its role in employee engagement, and what business leadership looks like in the AI era.

If you’d like to join us for future roundtables, use the form below to send us your details.

Time to Prepare: Accounting and Filing Changes for UK Businesses

UK-registered businesses are a year closer to major changes affecting how their accounts should be prepared and filed.

These changes stem from:

Amendments to FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland
The Economic Crime and Corporate Transparency Act 2023 (ECCTA)
Separate legislation changing company size thresholds

Our new articles explain what’s changing, how soon, and how BKL can help you to start planning today.

VAT on Virtual Events: EU Changes Affecting Non-EU Businesses

If you’re a UK or other non-EU business running virtual events for EU-based customers, you need to be aware of changes to the EU’s VAT rules.

As of 1 January 2025, for virtual events such as webinars or livestreamed conferences, VAT will be due based on EU customer location.

Until now, the VAT place of supply was considered to be where the supplier is located, so no local VAT was due on such supplies.

Read more from our VAT specialists on these changes.

VAT Guidance from BKL

Videos: Meet our Advance Business Services Team

Get to know our Advance Business Services (ABS) team in our video series!

Our accounts & outsourcing specialists explain how they work together in pods, how they support owners of growing businesses, and what a career at BKL means to them.

You’ll hear from:

Sam Goldman, Associate Director
Vanisha Benjamin, Senior Manager
Hollie Moore, Early Careers Manager
Gary Silver, Head of Payroll

Our ABS pods include dedicated specialists in property, financial services and music & media.

Meet the Team

Beyond Balance Sheets: Our Impact Report

Have you read our latest Impact Report? It takes you through a year of purpose-driven achievements, challenges and our vision for a more sustainable future.

This report isn’t just about us. It’s about our clients, our suppliers, our communities and the positive impact we’re creating together.

If you would like to discuss how our sustainability initiatives can benefit your business, get in touch.

Read our 2023/24 Report

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