Press Releases

TWP says Spring Statement hints at an end to austerity later in the year and calls for Chancellor to listen to businesses’ needs

Posted on

TWP has welcomed the muted suggestion in the Spring Statement that the Government may be considering increasing public spending and has called on the Chancellor to consider the needs of small businesses. The Weybridge-based practice said they didn’t expect much from Philip Hammond during the speech after HM Treasury had played down the impact of […]

Client Newsletter

The end of the tax year is nearly here…

Posted on

…have you put your plans in place? With just a couple of weeks until the tax year ends on 5 April 2018, you have a little time left to ensure your tax affairs are in place and you have used all of the reliefs and allowances available to you. To help you check your annual […]

Wealth Management News

Parents missing out on important pension protection

Posted on

Families across the UK could be missing out on millions of pounds of additional pension income as they fail to realise the connection between claiming child benefit and protecting their state pension record. In the 1970s, the system of Home Responsibilities Protection was introduced, which was designed to treat women and men who were at […]

Business News

Year end tax planning

Posted on

With the end of the tax year looming there is still time to save tax for 2017/18. We have set out some points you may want to consider. Make full use of your ISA allowance – ISAs can offer a useful tax free way to save, whether this is for your children’s future, a first […]

Business News

Pensions Auto Enrolment reaches a million employers

Posted on

The Pensions Regulator has announced that the number of employers meeting their workplace pension duties has reached one million and that statistics show that approximately 9.3 million people are saving into a pension. TPR’s Director of Automatic Enrolment, Darren Ryder, said: ‘I am delighted we have reached this important landmark, which shows how far we […]

Business News

Minimum Wage increases

Posted on

The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules. There are different levels of NMW and NLW, depending on age and whether the employee is an apprentice. […]

Business News

Scotland’s five income tax bands and tax relief for pensions

Posted on

Following the announcement of new income tax rates for Scottish taxpayers for 2018/19, the government is looking at ways of addressing the issue of the tax relief due on Scottish taxpayers’ pension contributions. Tax relief on pension contributions is a complex matter and depends on the marginal tax rate of the individual concerned and whether […]