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Profit Extraction – salary, dividends or both?

What's most tax efficient for Company Directors, a salary or dividends.

Gold Standard for GWA’s Payroll Team

Greaves West & Ayre’s payroll department has been awarded the Payroll Assurance Scheme accreditation.

Door closes on old Gateway for VAT return submission

The old online Government Gateway Account for the submission of monthly and quarterly VAT returns is closing. Make sure you avoid penalties for non-compliance.

GWA Community Support – Autumn 2022

We try to help out local causes and communities where we can and here's a round-up of recent activities we've been able to support.

Mini-Budget: the new Chancellor’s amendments

On 17 October the new Chancellor reversed almost all the mini-budget announcements made by Kwasi Kwarteng on 23 September.

Global Markets Performance Update 2022 Quarter 3

Against a backdrop of slow global growth, stubbornly high inflation, rising interest rates and growing geo-political tensions, markets continued to perform poorly in Quarter 3.

HMRC raises late payment interest rates

Following the recent Bank of England interest rate rise, late payment interest rates levied by HMRC have been increased. 

Mini-Budget Autumn 2022 – what you need to know

Chancellor Kwasi Kwarteng unveiled the government's ‘Growth Plan’ package.
Note: this article has been superseded since publication

Her Majesty Queen Elizabeth II 1952-2022

We have reached the end of an era. Queen Elizabeth has been a steadfast presence for many and for most…

Rent Freeze for Scottish Tenants

The Scottish Government has introduced emergency legislation to protect tenants during the cost of living crisis. Implemented on 6 September…

Extended Recovery Loan Scheme now available

The Recovery Loan Scheme has recently been extended. What has changed and what does it mean for businesses struggling with the current economic challenges.

Early Bird Tax Benefits

Do you think if you file your tax return early you will have to pay your tax earlier too? Thankfully, this is not true. But there are benefits to filing your tax return and completing your accounts early.