The annual benchmarking data for The Corporate Finance Network, of which we are a member firm, has been published. TWP Accounting is the local representative firm of The CFN which is the largest alliance of its kind in the UK. Key findings are: For the second year running, like-for-like corporate finance fees have increased by […]

Surrey-based accountancy firm TWP has urged business owners to consider the tax implications they may face when looking to sell their company. Recent research has indicated that 65 per cent of business owners who run companies with a turnover of more than £5 million are pursuing an exit strategy, while nearly a quarter of these […]

Leading Surrey accountancy firm TWP has called on individuals to be mindful of inheritance tax (IHT) when giving gifts from their Estate. While IHT is generally associated with the taxation of an individual’s property, money, and possessions post their demise, its implications on gifts provided by the deceased prior to their death are equally essential. […]

Leading independent accountancy firm TWP has called on employers to investigate their current wage structure and benefits for directors and staff members in light of important changes. The Surrey-based firm cites recent amendments to pension allowances and the additional rate tax band as reasons for their call to action, and the need to reflect the […]

Surrey accountancy firm TWP is calling on individuals to look at minimising their exposure to rises in taxes and falls in certain allowances before the new tax year in April. With a variety of changes to personal tax on the horizon, the firm is calling on taxpayers across the region to take advantage of the […]

The clock is ticking for businesses to use the Super-Deduction allowance before it ends, TWP accountants are warning. Businesses can claim a 130 per cent capital allowance on new plant and machinery costs via the Super-Deduction, until the end of March 2023. In effect this means for every pound a company spends, their Corporation Tax […]

Surrey accountancy firm TWP is calling on businesses that pay Corporation Tax to prepare for a rise in this tax on profits next year following the latest shift in the Government’s fiscal policy. Although original plans to increase the top rate of Corporation Tax to 25 per cent were initially shelved in September’s mini-Budget, they […]

The annual benchmarking data of its accountancy firm members has been released by The Corporate Finance Network at its recent national conference. TWP Accounting is the local representative firm of The CFN which is the largest alliance of its kind in the UK.  It provides tools and resources to selected accountancy practices, to offer more […]

Surrey-based accountancy firm TWP has said many businesses will be pleased with the Chancellor’s support during the cost-of-living crisis. However, wider concerns persist about the potential for rocketing inflation, which could harm economic growth and heavily indebted businesses. Standing to address Parliament, Kwasi Kwarteng said the measures in his fiscal statement were “a new approach […]