We are pleased to announce that with immediate effect Schonhut Carr and Co will be joining forces with our team at TWP Accounting LLP. Our newly merged firm will continue as TWP going forward and will operate from our existing office at the Old Rectory in Weybridge. After over 40 years in accounting John and […]
Leading Weybridge accountants, TWP, have said that proposals to introduce a special form of tax relief for commercial buildings could encourage greater investment in the region. Currently, under consultation, the new Structures and Buildings Allowance (SBA) is one of the most significant changes to the capital allowances regime in several years. When it is introduced […]
Innovative accountancy firm TWP has announced a merger with Schonhut Carr and Co as part of its ongoing growth plans. The two Weybridge based practices have merged, but the firm will continue as TWP going forward and will operate from its existing office at the Old Rectory in Weybridge. Under the arrangements of the deal, […]
According to several recent studies, those in retirement are enjoying a multi-billion-pound boom in income as they use equity release and pension freedoms. New figures from the Equity Release Council (ERC) indicate that last year the number of people choosing to release money from their homes rose by around a quarter helping retirees to unlock […]
According to a new report by Money Mail, thousands of women may find that their returns on private pensions may be lower due to the change to their official retirement age. Those most likely to be affected are workers approaching the end of their careers, whose pension fund is moved into safer, but less profitable […]
According to new research by online estate agents, Rightmove, house prices in the UK rose last month following the announcement that Brexit would be delayed until 31 October 2019. The report says that hesitant home movers have been chivvied on by the news, which is why the average asking price for properties rose by almost […]
The Scottish government has further delayed its plans to replace Air Passenger Duty (APD) with Air Departure Tax (ADT). The plans to introduce ADT have been delayed beyond 2020. In 2016, as part of the Scotland Act, the Scottish Parliament was given devolved powers to charge tax on travellers leaving Scottish airports. Proposals were put […]
Business groups, including the British Chambers of Commerce (BCC) and the Confederation of British Industry (CBI), have commented on the six-month ‘flexible’ extension of Article 50, granted to the UK by EU leaders. The extension potentially pushes ‘Brexit Day’, the day when the UK officially leaves the EU, to 31 October 2019. Reacting to the […]
HMRC has published a list of businesses that have not met their obligations under the Money Laundering Regulations. As a supervisor of the Money Laundering Regulations HMRC has a duty to publish details of businesses that have been penalised for not complying with the regulations. HMRC advises that it considers cases individually to decide whether […]
HMRC has warned young people in the UK to ‘stay vigilant’ in order to avoid falling victim to ‘Springtime’ tax refund scams. Criminals often target young individuals or the elderly as these groups of people are likely to be less familiar with the UK tax system. During the months of April and May, criminals often […]
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