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GWA Staff and Community News – Winter 2020

Appointments and Work Anniversaries

We have a new and a not-so-new addition to our Berwick office. We are pleased to welcome David Simpson to our growing Wealth Management department. David joined us in November as Business Development Consultant, adding strength to our existing team which provides our clients with expert financial advice. We also welcome back a familiar face, Vanda Martin, who returns to our Marketing team.

We would like to congratulate Sharon Easton on achieving 10 years of service.

Community News

What with one thing and another, we have had less opportunities during 2020 to contribute to  events and causes that are close to the hearts of our staff and clients. We were pleased though to be able to donate to the following local causes though our Staff Community Support  Initiative: Dunbar Hockey Club Juniors was nominated by Julie Adams, the Space to Grow Mental Health Growing Project was put forward by staff member and project volunteer Jacqui  Bates and Steven Burns nominated Duns Football Club.

We have also been able to support the Berwick Literary Festival and help with the production of Haddington Pipe Band’s 2021 Calendar. Most recently we have tried to encourage local Berwick businesses, many of whom are our clients, by contributing to the Berwick Christmas Voucher  scheme organised by Berwick Chamber of Trade, the Christmas lights provided by Berwick Rotary and also had some fun taking part in the Berwick Advent Windows.

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News and Events

HMRC to close their online accounts and tax filing service

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

Side hustle sales threshold raised to £3,000

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.

What happens if you can’t pay your tax bill?

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.

Check-out time looms for FHL tax regime

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.