Press Room Archives - TWP Accounting

Fiscal Statement

Posted on September 23, 2022

With a new King at the Palace and a new Prime Minister at Number 10, it was no surprise that the new Chancellor at Number 11 used his first statement to the House of Commons to signal a “new era” for fiscal policy. It turned out to be a striking change of direction, as the [...]

Business News

Spring Statement 2022

Posted on March 23, 2022

Exactly two years since the first lockdown was announced, the eyes of the public were firmly fixed on the Chancellor, Rishi Sunak, as he rose to the despatch box in the House of Commons to deliver his Spring Statement. Yet again, Mr Sunak found himself addressing MPs against a background of crisis, with the residual [...]

Press Releases

Plan for profit and growth, says TWP Accounting

Posted on August 17, 2021

As the economic environment of the UK becomes slowly more stable, Cranleigh and Weybridge accountants TWP are calling on businesses to look to the horizon and plan for growth. At the moment many businesses are still finding their feet as they emerge from the challenging period of the pandemic. For many, this means a focus […]

Press Room

Investors in People (IIP) accreditation

Posted on April 12, 2021

We’re extremely proud to announce the renewal of our prestigious Investors in People (IIP) accreditation which was awarded following an in-depth assessment in March. The Investors in People Standard is a business improvement tool designed to advance an organisation’s performance through its people. Developed in 1990 by a partnership of leading businesses and national organisations, […]

Press Room

Expansion of furlough and self-employment schemes is welcome but loss of Job Retention Bonus is a “sting in the tail”, say accountants

Posted on November 6, 2020

Surrey-based accountancy firm, TWP, has welcomed the Chancellor’s decision to expand the furlough and self-employment schemes, but has said the withdrawal of the £1,000 per employee Job Retention Bonus is the “sting in the tail” of the announcement. Speaking in the House of Commons, the Chancellor, Rishi Sunak, said the furlough scheme would be extended […]

Press Releases

Chancellor takes immediate steps to support jobs and economy but TWP wonders what a future Budget may hold

Posted on July 9, 2020

Accountancy firm TWP has said that the majority of businesses will welcome the Chancellor’s latest measures to protect and create jobs as the country attempts to fight back against COVID-19. The Coronavirus pandemic has left many businesses in disarray as they attempt to come to terms with an economy that is 25 per cent smaller […]

Press Room

Businesses could face significant penalties for COVID-19 support errors, warns TWP

Posted on June 15, 2020

Surrey accountants, TWP, is warning business to take extra care over the claims they make for COVID-19 financial support, such as the Coronavirus Job Retention Scheme, as HM Revenue & Customs (HMRC) is proposing new power to tackle abuse and errors. New draft legislation has been published by the tax authority which reveals that they […]

Press Releases

Taxpayers will foot the bill for COVID-19, but not until next year, warns TWP Accounting

Posted on May 15, 2020

News has begun to circulate that the Government intends to increase tax revenue at some point in the future to cover the bill created by the COVID-19 financial support measures that it has launched. These measures have so far cost the Government more than £300 billion since the start of the crisis, a bill that […]

Press Releases

Struggling businesses are encouraged to seek financial support by TWP through a new loan scheme

Posted on April 30, 2020

Surrey accountancy firm, TWP, is highlighting the newly launched Bounce Back Loan scheme (BBLS) to small and medium-sized businesses after it was launched by the Government this week. Up until now, TWP has said that many businesses had struggled to access finance via the existing Coronavirus Business Interruption Loan Scheme due to the bureaucracy involved […]

Press Releases

Further support needed urgently to prevent an additional 829,000 workers becoming unemployed in the South East – including Surrey

Posted on April 28, 2020

New research conducted by the UK200Group during April shows that 829,167 people in the South East, including Surrey, are at risk of unemployment. This is a stark and worrying number, but this is the reality of what the UK may be facing. The study shows that 31 per cent of the 1,793 SME businesses who […]