HSBC Brings Out Tax Tools for UK Businesses Ahead of New Rules
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HSBC Holdings Plc is rolling out accounting and tax tools for its small UK business customers, who will soon have to give the government a lot more information on their finances.
Europe’s biggest bank said its partnership with accounting-software fintech Ember will help firms prepare quarterly reports in line with the UK’s Making Tax Digital rules, due to come into force from 2026. Currently, firms are required to produce yearly data.