Press Releases

Landlords need to plan ahead, warns TWP

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Leading Chartered Accountants TWP are warning landlords to plan ahead as changes to buy-to-let tax relief and stamp duty land tax are phased in. During the Autumn Statement, the Chancellor announced a number of measures that could affect property investors. Chief among these proposals is the introduction of a three per cent surcharge on stamp […]

Client Newsletter

Time to make the most of R&D Tax Relief

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The Treasury has announced a new plan designed to boost investment in research and development (R&D) for smaller businesses. The two year project plans to significantly increase the amount of smaller businesses utilising R&D tax relief, which can help reduce corporation tax on profits by offsetting them against any investments in R&D, in some cases […]

Blogs

Autumn Statement 2015

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Statement Summary For the third time in 2015, the Chancellor of the Exchequer has taken to the despatch box to update the Commons and country as a whole on the state of the nation’s finances. There was a lot of debate ahead of today’s Autumn Statement about the approach that George Osborne would take. Would […]

Press Releases

No News is Good News, says TWP

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The lack of big changes to tax or regulations in the Autumn Statement will help businesses plan for the year ahead, according to Weybridge-based accountants TWP. There was much anticipation ahead of the Chancellor’s latest Autumn Statement, especially following the big announcements made during his three previous announcements to Parliament. However, it soon became clear […]

Press Releases

HMRC’s failings won’t go unanswered

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TWP is reminding people that HM Revenue & Customs (HMRC) could be forced to waive or reduce penalties for taxpayers who filed returns late or incorrectly because the tax authority did not answer their telephone calls. Ministers have condemned HMRC for its customer service after an official report claimed that half of all calls received […]

Blogs

‘State Pension top up’ scheme

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A new scheme is being launched offering anyone reaching State Pension age before 6 April 2016 a chance to increase their State Pension by up to £25 a week. People are eligible if they are entitled to a UK State Pension and have already reached their State Pension age or reach it before 6 April […]

Blogs

Workplace Pensions – don’t ignore it

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The Department of Work and Pensions and the Pensions Regulator have launched a new advertising campaign promoting auto enrolment which aims to change the country’s perception of pensions in the workplace. Workie, ‘a striking physical embodiment of the workplace pension’, will be seen visiting people in different work environments over the coming months, asking them […]

Press Room

Buy-to-let mortgage deals up by more than a third

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According to the Council of Mortgage Lenders (CML) almost 40 per cent more buy-to-let mortgages were approved in August than over the same period in 2014. The CML’s new study showed that 22,200 buy-to-let mortgages were granted in August 2015 – 37.9 per cent more than in August 2014 – with a value of £3.4 […]

Press Room

Young adults face significant pension shortfall

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The average 35-year-old needs to save £666,000 into their pension in order to match current living standards. These figures have been published in a new report by pension provider Royal London, who has described the challenge facing young adults today as “frightening”. Analysis by the firm showed that the average expenditure by pensioners is currently […]