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.

Changes to Farmers’ Averaging Rules

At the March 2015 Budget, the Chancellor announced an extension to the period over which self-employed farmers could average their profits for income tax purposes from 2 years to 5 years and a consultation would take place this summer. This consultation has now closed. HMRC initial suggestions look complex and expensive to deal with; the […]

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Tartan Tax is around the corner

The Scotland Act 2012 introduced the Scottish Rate of Income Tax (SRIT). This gives the Scottish Parliament power to set Income Tax rates for Scottish taxpayers. It is due to come into effect from April 2016. It will impact employers and employees throughout the UK, not just in Scotland. Who does it apply to? All […]

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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.

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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 […]

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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, […]

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