In our first newsletter of 2022 we look at the rising cost of doing business, explore in more details the changes to red diesel use and increasing employment costs. We also provide links to how you can better manage your finances in the tax year ahead. We also hear from GWA’s latest recruits as they start their careers. Click here to read the newsletter.
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.
2025 has been a mixed year, so far. The winners of 2023 and 2024 are not currently faring so well, with US stocks lagging behind Europe and the UK as the “Magnificent 7” technology companies decline in value.
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.
Quality Advice • Quality Service
Berwick-upon-Tweed
17 Walkergate
Berwick-Upon-Tweed
Northumberland
TD15 1DJ
Tel: 01289 306 688
Email: berwick@gwayre.co.uk
Haddington
8 St Ann’s Place
Haddington
East Lothian
EH41 4BS
Tel: 01620 823211
Email: haddington@gwayre.co.uk
