News

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

A Fond Farewell

Our VAT Manager Joyce Freeman retires on 16th February after nearly 46 years of service. Joyce, who lives in Norham, joined Greaves West & Ayre straight from leaving Berwick Grammar School in August 1971. She has been in charge of the VAT department for over 30 years overseeing around 250 clients. We took the opportunity […]

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WE ARE MOVING!

What you need to know about our office move The new contact details for Greaves West & Ayre’s Berwick-upon-Tweed office is: 17 Walkergate, Berwick-upon-Tweed, TD15 1DJ Telephone 01289 306688   Payroll Dept 01289 307933   Fax 01289 307189   Email berwick@gwayre.co.uk Only our address has changed, all of the other contact details remain the same. […]

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Dividing Rental Income Between Spouses

Our current tax regime provides a potential benefit of a historically high level of income tax personal allowance. The increases in the personal allowance in recent years has come at the cost of reductions in the band of income being taxed at basic rate but, in the current year, an individual may have £43,000 of […]

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New Tax-Free Childcare scheme

After much delay, the Tax-Free Childcare scheme will be launched to parents from early 2017. The scheme will be rolled out gradually, with parents of the youngest children able to apply first. All eligible parents will be able to join the scheme by the end of 2017. The relief will be 20% of the costs […]

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Financial accounts for small companies – time to choose

In recent years many companies have been preparing and filing ‘small company accounts’ under a Financial Reporting Standard for Small Entities (FRSSE). However for financial years beginning on or after 1 January 2016, FRSSE has been withdrawn and small companies, which qualify as ‘micro-entities’, have a new choice: to use the same accounting standard – […]

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