Business News

The Autumn Budget Statement

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Chancellor of the Exchequer George Osborne has given his Autumn Budget Statement, in response to the latest forecasts for the UK economy released by the independent Office for Budget Responsibility (OBR). Unlike in previous years, the Chancellor did not make any major tax or spending announcements this Autumn, with those instead being put on hold […]

Press Releases

Exam success for TWP trainee Chloe

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A trainee at Weybridge-based chartered accountancy firm TWP is a step closer to qualifying as a Chartered Certified Accountant after passing her latest round of exams. Chloe Brown, who has been at the firm since August 2008, has passed the fundamentals levels F6 and F8 and professional level P1 sections of her Association of Chartered […]

Press Releases

Accountants Welcome New Picture Of UK’s Economic Health

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Weybridge-based chartered accountancy firm TWP has given a cautious welcome to key statements on how the UK economy is faring and its prospects for the future. The Office for Budget Responsibility (OBR), established by the coalition government to make independent assessments of the public finances and economy, yesterday issued its latest economic and fiscal outlook […]

Business News

Track Down Your Missing Pension, Says Minister

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People who have lost touch with workplace pension schemes from previous employers, as well as personal schemes, are being urged to track them down to ensure they receive all of their entitlements in retirement. More than 350,000 people have used the free Pension Tracing Service since it was set up in 2005 by the Department […]

Business News

State Pension Age To Rise To 66 By 2020

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Chancellor George Osborne has announced a faster than expected rise in the state pension age as part of his October Spending Review. Mr Osborne told the House of Commons that the state pension age for men and women would reach 66 by the year 2020. This will involve a gradual increase in the state pension […]

Business News

Spending Review Offers Help To Business

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Chancellor George Osborne unveiled his Spending Review on 20 October, setting out £81 billion in cuts over the next four years. Key points included: about 490,000 public sector jobs are likely to be lost there will be average 19 per cent four-year cut in government departmental budgets local authority funding will be down by an […]

Business News

New Enterprise Allowance Boost For Start-Up Firms

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People who have been unemployed for six months and want to start their own business will be offered access to business mentoring and financial support of up to £2,000. The New Enterprise Allowance was announced by Work and Pensions Secretary Iain Duncan Smith at the Conservative conference in October. Mr Duncan Smith told the conference: […]

Business News

The importance of hedging yourself

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We have recently been working with World First to provide assistance to clients trading overseas in order to reduce their foreign exchange risk and increase profitability. World First is the UK’s fastest growing foreign exchange broker, offering private individuals and companies the ability to achieve significantly better foreign currency exchange rates and exceptional service. Based […]

Business News

HMRC Shakes Up Contact Centre Opening Hours

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From 29 November 2010, HM Revenue & Customs (HMRC) contact centres will reorganise their opening times to allow more staff to answer calls during the busy periods. Following consultation, HMRC has decided to no longer open contact centres on Sundays, allowing staff to be redeployed to peak periods throughout the rest of the week, reducing […]