ICYMI: Kate Gott has been promoted to Corporate Tax Partner to kick off 2026.

This appointment represents an important step in the continued growth of BKL’s Corporation Tax practice.

Read the full announcement: bkl.co.uk/insights/kate-gott-tax-partner-2026

Luigi Lungarella highlights an important EU opinion on whether in‑game currencies can ever be treated like real money for VAT.

The conclusion is straightforward: they can’t, because they aren’t accepted outside the game environment.

Read more: bkl.co.uk/insights/in-game-currency-vat-2025/

A big shift in how EBITDA is calculated is coming in 2026.

David Campbell explains how the amended FRS 102 rules will change EBITDA for many UK businesses - with lease costs moving below EBITDA and new revenue‑recognition rules altering when earnings are recorded: bkl.co.uk/insights/why...

Reaching the audit threshold is a big milestone - but it shouldn’t feel intimidating.

Cat Feier and Nick Bishop share clear, practical guidance to help growing businesses understand the audit process and prepare with confidence.

📺https://bkl.co.uk/insights/video-first-year-audit-process/

Law firms face renewed HMRC scrutiny on VAT for client‑account interest.

Higher rates mean more exempt income, so firms should reassess partial exemption and ensure their VAT treatment aligns with HMRC expectations.

Read more: bkl.co.uk/insights/client-account-interest-vat-risk-to-law-firms

🚨Changes to FRS 102 have now gone into effect.🚨

You can catch up on the updates - and what they mean for you and your business - via our three‑part FRS 102 series.

📺 Part one: tinyurl.com/52336c6j

📺 Part two: tinyurl.com/3n992xpb

📺 Part three: tinyurl.com/5bkdm69y

Congratulations to Kate Gott, our newest Partner!

Kate leads our Corporation Tax team, guiding businesses through complex UK and international tax matters. She has been with us since 2016.

👉 bkl.co.uk/insights/kat...

#BKL #TaxProfessionals #CorporateTax #LeadershipPromotion #UKBusiness

Happy New Year to all our clients, colleagues, and friends! 🎉

Thank you for being part of our journey in 2025.

We’re excited about what 2026 holds and look forward to continuing our partnerships, celebrating achievements, and embracing new opportunities together.

🎄 Christmas and New Year opening hours at BKL 🎄

Mon 22 Dec – Open as normal
Tue 23 Dec – Open as normal
Wed 24 Dec – Open until 12 midday
Thu 25 Dec – Closed
Fri 26 Dec – Closed
Sat 27 Dec – Wed 31 Dec – Closed
Thu 1 Jan – Closed
Fri 2 Jan – Open as normal

The Moment brings you our latest articles and videos.

In this month’s edition, find out about:

•Steps to prepare for changes to FRS 102
•Myths around creative tax-saving solutions
•How organisations can improve employee experiences in 2026

👉 bkl.co.uk/insights/the-moment-december-2025/

Major compliance changes for UK businesses are almost here. With the amended FRS 102 accounting standard becoming mandatory for periods beginning on or after 1 January, your transition window is shrinking.

Our latest guide recommends six key steps for a smooth transition: shorturl.at/KSIag

Are your UK property ambitions coming up against rising costs, cashflow delays and other obstacles?

Partners Jason Samuels and Jake Lew explain how we’re helping property clients through the challenges, from tax-efficient structuring to adapting to new accounting standards: shorturl.at/l55I2

For business owners, Autumn Budget 2025 brings changes between now and 2029. The winners will be those who plan early and decisively.

Stay ahead with this guide from our tax and business advisory specialists: bkl.co.uk/insights/sta...

#AutumnBudget2025 #OMBs #VAT

HMRC Year-End Deadlines – Are You Ready?

December and January bring key HMRC deadlines - self-assessment, payroll, VAT, corporation tax. Acting now ensures you stay on top of obligations and avoid last-minute pressure.

Our team is ready to help you plan with confidence: bkl.co.uk/contact/