Weybridge-based chartered accountants TWP Accounting LLP have hit out over Government plans to give HM Revenue & Customs new powers to raid people’s bank accounts. Under the new planned measures, tax officials with have an automatic power to take money from bank accounts when the holder has failed to act on four formal warnings requiring […]
Weybridge-based chartered accountants TWP Accounting LLP have hit out over Government plans to give HM Revenue & Customs new powers to raid people’s bank accounts. Under the new planned measures, tax officials with have an automatic power to take money from bank accounts when the holder has failed to act on four formal warnings requiring […]
In a bid to meet their Spending Review commitments, HM Revenue & Customs (HMRC) have stepped up their efforts to gain tax revenue from businesses and individuals who they believe may have underpaid their tax. Every taxpayer who submits a tax return is at risk and HMRC does not need a reason to open an […]
As previously announced, it has been proposed that from 6 April 2015 CGT will be charged on non-residents who make disposals of UK residential properties. HMRC have issued a consultation document to consider how the charge can be implemented and the tax collected. Part of the proposal may also affect UK residents who own more […]
Announced in the Chancellor’s 2014 Budget, significant changes are being proposed which will make it easier to access your pension fund pot if you have a defined contribution (money purchase) pension scheme. As a general rule, 25% of the pension fund can be taken as a tax free lump sum at age 55, although this […]
Over the last few years, business owners and managers have worked extremely hard to keep their businesses trading. Now that the economy is slowly beginning to improve, business leaders are turning their attention to improving profitability in their firms. Here are a few ideas to consider if you want to focus on improving the profitability […]
Hundreds of thousands of pensioners could pass on substantial inheritance tax (IHT) bills to their beneficiaries as a result of the continuing property boom in London, according to a new study. Figures published by the Office for National Statistics on 15 April, for the year to the end of February 2014, put the average price […]
First-time UK parents spend more than £492 million each year, preparing for the arrival of their first baby but only one in five takes out or reviews their life insurance arrangements, new research has revealed. An Aviva study of 2,000 recent parents, published on 22 April, found that the average family invested £1,619 in items […]
Sweeping pension changes introduced in the 2014 Budget, designed to give people more choice and flexibility, have left one in five Britons more confused than before, new research suggests. Chancellor George Osborne announced that from April 2015, savers would be able to access defined contribution pension savings as they wish from the point of retirement, […]
The forms P11D, and where appropriate P9D, which report details of expenses and benefits provided to employees and directors for the year ended 5 April 2014, are due for submission to HMRC by 6 July 2014. The process of gathering the necessary information can take some time, so it is important that this process is […]
The quality of our advice has seen us accredited with coveted Platinum Partner status by Xero – a leading provider of accounting software.
The quality of our advice has seen us accredited with Gold Partner status by FreeAgent – a leading provider of accounting software.
Request a call back