Hansen Sweeney

Financial Watchdog Calls for Global Action on AI Cyber Risks

The Financial Stability Board (FSB), the international watchdog responsible for monitoring the global financial system, has joined calls for coordinated international action to tackle the growing cyber security risks posed by artificial intelligence.

https://uk.entrepreneur.com/technology/financial-stability-board-ai-cyber-security-risks

Financial Watchdog Calls for Global Action on AI Cyber Risks Financial Stability Board chair Andrew Bailey urges global action and stronger controls to tackle growing AI cyber security risks.

Could 17 minutes a day improve your health?

Spending just 17 minutes outdoors each day could make a measurable difference to health and wellbeing, according to new research from Redrow. More than half of Brits (53%) surveyed said work was a key barrier to spending time outdoors.

https://uk.entrepreneur.com/business-news/could-17-minutes-a-day-improve-your-health

Could 17 minutes a day improve your health? Spending 120 minutes a week in nature could support health and wellbeing, with work stopping millions of Brits from getting outside.

*Blog Post*

Temporary Repatriation Facility (TRF): A Three-year Window of Opportunity

Are you an Expat? On 6 April 2025, the UK’s tax law changed significantly. As a temporary concession to help individuals arrange their tax affairs, the UK government has introduced a new TRF.

https://hansensweeney.co.uk/temporary-repatriation-facility-trf-a-three-year-window-of-opportunity/

US lifts tariffs boosting Scotch wh**ky

US removes wh**ky tariffs, boosting Scotch exports and strengthening UK-US trade ties.

https://uk.entrepreneur.com/business-news/us-wh**ky-tariffs-lifted-scotch-exports-boosted

US lifts tariffs boosting Scotch wh**ky US tariffs on Scotch wh**ky have been removed, boosting exports, supporting jobs and strengthening UK-US trade after the landmark Economic Prosperity Deal.

Research shows backing female-led businesses is good for growth

Organisations signed up to the government-backed Investing in Women Code have outperformed the wider market in backing female entrepreneurs for the sixth consecutive year, according to new figures.

https://uk.entrepreneur.com/business-news/investing-in-women-code-signatories-outperform-wider-market-2026/

Research shows backing female-led businesses is good for growth Investing in Women Code signatories have outperformed the wider market for six consecutive years, backing more female founders and widening access to finance.

Scrutiny to hold hearing on tax reform proposals

A public hearing is to be held to discuss Guernsey's new tax reform proposals.

The proposals include a 3% goods and services tax, the re-introduction of vehicle taxes and lower income tax bands are designed to plug an estimated £50m gap in funding.

https://www.bbc.co.uk/news/articles/c0kyedy607eo

Scrutiny to hold public hearing on Guernsey tax reform proposals The hearing will be held between 10:00 and 12:00 BST on 6 July at the Castel Douzaine Room.

HMRC to use AI from British tech firm to spot fraud and tax return errors

HM Revenue and Customs has announced a 10-year, £175m deal with the British tech firm Quantexa to provide AI-powered technology to help improve its performance.

https://www.bbc.co.uk/news/articles/c7v9ld262n4o

HMRC announces 10-year contract with British AI company Quantexa Quantexa, a financial data platform, won the £175m contract to spot fraud and tax return errors.

UK Employment Law Reforms Set for Major 2027 Shift

UK businesses are being warned to prepare for significant employment law changes coming into force in 2027, with reforms expected to reshape hiring, workforce management and retention.

The changes include expanded unfair dismissal protections after six months’ service, tighter rules on zero-hours contracts, and mandatory equality action plans for larger employers.

https://uk.entrepreneur.com/business-news/uk-employment-law-reforms-2027-preparation/

UK Employment Law Reforms Set for Major 2027 Shift - Entrepreneur United Kingdom Expert warns UK employers to prepare early for 2027 employment law reforms, including unfair dismissal changes, zero-hours contract rules, and new equality obligations.

Consumer Credit Act reformed to protect consumers and support modern finance

The government will modernise the Consumer Credit Act for the first time in over 50 years, giving consumers clearer information and firms the flexibility to innovate.

https://www.gov.uk/government/news/consumer-credit-act-reformed-to-protect-consumers-and-support-modern-finance

Consumer Credit Act reformed to protect consumers and support modern finance The government will modernise the Consumer Credit Act for the first time in over 50 years, giving consumers clearer information and firms the flexibility to innovate.

Creative Industry tax reliefs for Corporation Tax

Check if your creative industry company qualifies as the production company for Corporation Tax reliefs or expenditure credits.

You must now include the CT600P Creative Industries supplementary page in order to make a valid claim.

https://www.gov.uk/guidance/corporation-tax-creative-industry-tax-reliefs

Creative industry tax reliefs for Corporation Tax Check if your creative industry company qualifies as the production company for Corporation Tax reliefs or expenditure credits.