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.

Pension Freedom and Choice

New pension rules that give you far greater flexibility over what you can do with your pension pot, came into force on 6th April 2015.

Read More »

Tax Saving Tips for Year End 2015

The period leading up to the end of the tax year on 5 April is one of the best times to review your taxes and finances. There are simple, sensible steps that can be taken which can reduce your tax liabilities and help you make the most of your money. As always we would be […]

Read More »

DEPARTMENT FOCUS – GWA Computer Services

A world without computers is almost impossible to imagine. They have become an indispensible tool in our lives, changing the way we learn, work, conduct our personal affairs and even think. Rapid technological developments and the spread of applications such as email and the Internet means that the computer in all its forms – laptops, […]

Read More »

Direct Recovery of Debts (DRD)

You may have heard that HMRC are proposing new rules on the Direct Recovery of Debts (DRD). HMRC recognise that: ‘…there are concerns about the impact of this change on vulnerable members of society. We must ensure that there are strong safeguards in place so that this is only targeted at the truly non-compliant.’ HMRC […]

Read More »

RTI penalties on the horizon

Earlier this year, HMRC laid out their timetable for various changes to the PAYE compliance system: April 2014 – in-year interest on any in-year payments not made by the due date – this is already happening, although HMRC are not writing to affected businesses. Instead, the interest charge can be seen on the relevant tax […]

Read More »

News

Coronavirus/COVID-19: Latest Update – Summary of Finance and Business Measures

This article summarises the business support measures the UK and Scottish governments, along with other NGBs and organisations have introduced as a result of the COVID-19 outbreak. Last updated 28 October: Coronavirus Business Contingency Fund (Scotland only) is announced offering support for softplay centres and nightclubs   For each measure we have listed the date of […]


Blog

Tax and Crypto Assets

2009 saw the launch of Bitcoin. Originally seen as being just for geeks and possibly hackers, crypto assets are becoming more common and even considered mainstream by many. HMRC has noted this increased interest in crypto assets. If you invest or trade in crypto assets and you pay taxes in the UK, you need to […]