Accountancy Blog

Our accountancy blog is updated monthly with our opinions on a variety of issues affecting our clients and the industry sectors we cover.

Why We Value Training

We understand that in order to be the best at what we do and continue to deliver Quality Advice-Quality Service, GWA needs the most knowledgeable and approachable employees. In order to achieve this, we recognise the requirement to invest in ongoing staff training – you will see us celebrating the resulting exam success in our newsletters. […]

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IRS or HMRC – Should You be Paying US Tax

Tax laws around the world have become increasingly complex in recent years with ever more scrutiny on tax evasion. The USA is no different, and the US Congress and tax authorities have been tightening up their compliance rules for US taxpayers with non-US income and assets. It is estimated that over 250,000 US taxpayers live […]

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The Road to Making Tax Digital

Spring is often described as the season of new beginnings, so it seems appropriate that 1 April was the launch date for, arguably, the biggest change in the UK’s tax system for 20 years. VAT registered businesses above the VAT threshold would be required to start recording their business transactions using digitally compliant software from […]

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BREXIT – Key Commercial Information for Exporters and Farmers

We know that the uncertainty over Brexit looks likely to continue for some time yet. Therefore, we make no apology for returning to the subject as Westminster continues to debate what our relationship with the EU will look like after we leave. HMRC have issued, and continue to update, guidance for businesses. We want to be […]

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Capital Taxes – What Does the Future Hold?

There are changes for both the 2019/20 and 2020/21 financial years in relation to capital taxes. We have highlighted a couple of these below. These and other adjustments are not major, however we want to encourage clients to review their capital tax position for the longer term in order to be prepared should any more […]

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