News & Insights

As the leaves begin to fall, autumn signals more than just a change in weather: it is also a reminder that transition is part of growth. For accountants and tax professionals, this season offers an opportunity to reflect and invest in new skills.

The Autumn Budget will present Chancellor Rachel Reeves with an opportunity to level the playing field on how different forms of income are taxed. The Resolution Foundation says a 2p switch from National Insurance contributions (NICs) to Income Tax could raise £6 billion while protecting workers’ pay packets. This is one of the measures that the think tank says the Chancellor should use to help find £20 billion a year.

Companies make loans to their directors for a variety of reasons, often as a flexible way to provide short-term access to funds. However, director’s loans need to be carefully managed, as they can carry tax implications for both the director and the company.

September was a significant month for us at Mercia as our new website launched, with an enhanced Learning Hub at its heart.

As the school year begins and learning takes centre stage once again, there's no better moment for us to launch our brand-new interactive UK GAAP Library designed to support and inspire continuous growth and development.

We’re delighted to announce that Mercia has been named ESG/Sustainability Initiative of the Year (Vendor) at the International Accounting Awards 2025, in recognition of our Sustainability Assurance Manual (International).