Read our latest Practice News as well as sector specific and accountancy updates from across the UK.

Making Tax Digital – Diluted and Delayed

In a partial victory for industry lobbying, the Treasury has announced that the requirements for digital reporting and recording will go ahead but on a different timescale. It will only cover VAT from April 2019 with other taxes delayed until at least April 2020. The accounting bodies argued with the Treasury Select Committee that the […]

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Combined Accountancy Practice sponsors Haddington Show

On 1 October 2016 the partners of Greaves West & Ayre and Haddington based chartered accountants N C Campbell & Co announced the merger of their practices. The expanded firm consists of 12 Partners and over 100 members of staff operating from offices in Haddington & Berwick-upon-Tweed. In practice the merger has proved to be […]

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GWA wins Large Business Award

Greaves West & Ayre is delighted to have been awarded ‘Large Business of the Year 2017’ by Berwick-upon-Tweed Rotary Club. Each year the Rotary Club gives awards to local businesses they believe have made particular contributions to the Berwick area. This year GWA received the accolade of Large Business of the Year “in recognition of the […]

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VAT Flat Rate Scheme Changes

The Flat Rate Scheme (FRS) aims to simplify VAT accounting for small businesses by allowing them to work out how much VAT they pay to HMRC by applying a flat rate percentage (depending on the trade category) to their turnover rather than work out the difference between their input and output VAT. However some businesses […]

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New Tax Rules

The beginning of a tax year is always a good time to consider your tax planning options in order to be as tax efficient as possible in the coming year. It is therefore important to understand how any changes introduced by HMRC will impact your individual circumstances. Philip Hammond delivered what would be the last […]

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