The Government’s late changes to Agricultural Property Relief and Business Property Relief have eased some immediate Inheritance Tax concerns for family businesses. Advisers at TWP Accounting say the reforms still leave many owners exposed and underline the need for early planning. From 6 April 2026, business assets will fall within the Inheritance Tax regime, with […]

One of Surrey’s leading accountancy firms TWP is urging taxpayers to review their finances as they face tougher choices, as the Chancellor Rachel Reeves moves to close personal tax opportunities in her latest Budget. Despite some early dramatics following the OBR report being published hours ahead of the Autumn Budget, we finally have a clear […]

TWP Accounting, a Weybridge-based firm, is sending a reminder to all directors and People with Significant Control (PSCs) to take immediate action as Companies House prepares to introduce mandatory identity verification from 18 November 2025. Mitchell Noyes, Senior Client Manager at TWP, explains that failing to verify ahead of the deadline risks delays to filings […]

Weybridge accountancy firm TWP is advising employers not to be complacent following HM Revenue and Customs’ (HMRC) decision to delay mandatory payrolling of Benefits in Kind (BIK) until April 2027. The new rules will eventually remove the need for annual P11D forms and instead require employers to process BIK directly through payroll on a monthly […]

Weybridge accountancy firm TWP is urging businesses to consider electric company vehicles before tax incentives begin to change. The move follows renewed Government backing for the 2035 ban on the sale of new petrol and diesel vehicles, which is expected to accelerate the shift towards electric transport across the UK. While electric vehicles still come […]

Surrey-based accountancy firm TWP is urging business owners to review their shareholder arrangements following growing concern over the financial risks of losing a key shareholder. Many small and medium-sized companies are seemingly unaware of what happens to shares if one of the owners dies or becomes seriously ill. Without the right protection in place, shares […]

Surrey-based accountancy firm TWP Accountants is raising concerns over a widespread lack of awareness around Making Tax Digital (MTD), with key deadlines now less than a year away. From April 2026, self-employed individuals and landlords with an annual income exceeding £50,000 will be required to maintain digital records and submit quarterly updates to HMRC via […]

TWP, a leading accountancy firm in Surrey, urges individuals to review their estate plans in light of upcoming changes to Inheritance Tax (IHT) on pension pots. Under the new rules set to apply from April 2027, unused pension savings will be included in the taxable estate, meaning families who don’t plan ahead could lose a […]