News and Events

Changes to Employee Protection under the Worker Protection Act 2023

The meaning of the Italian word Arrivederci is ‘goodbye, until we meet again’. Since Greaves West & Ayre opened our doors in 1918 we have said goodbye to some long standing members of the team. We started 2025 by saying a fond farewell to two key members of GWA -
Derek Simpson and Brian Tait

Spotlight on -
Changes to Tax from April 2025

We need your accounts records and personal tax information.

Yesterday, Chancellor Rachel Reeves delivered her Spring Statement. We have sifted through the details and hope the following review, which we feel will be the most significant to our clients, will be helpful.

HMRC have issued guidance confirming that from 31 March 2026 their online filing service for company accounts and tax returns will close.

Further information has been released by the Government on the increase in the trading allowance rate and when this will come into effect, but beware; the £3,000 is not a tax relief increase, only an administrative increase.

If you are a taxpayer and you are concerned that you cannot pay your tax bill on time, you have the option to set up an online “time to pay” arrangement with HMRC.  This means you can spread the cost of you tax bill over a period of 6-12 months, helping improve cash flow.

Further to our article in December 2024 and with the tax regime for furnished holiday lettings ending in April 2025, there are practical issues that affected property owners need to know about.

It is widely anticipated that HMRC enquiry levels will start to increase in the coming months as the new Government continue to face budgetary pressures.  Therefore, if you do not currently have cover, we suggest you give this service some consideration.