Blogs

06 November 2023

With turnover down but general growth recovering, business owners need an exit strategy, say TWP

Surrey-based accountants, TWP Accounting, say that recent data demonstrates the need for business owners to embrace and develop their exit strategy. As economic growth continues to

26 April 2023

Be aware of HMRC rules on Inheritance Tax gifting says TWP

Surrey accountancy firm TWP is calling on people to be aware of the strict rules on making gifts as part of their Inheritance Tax planning. The

16 March 2023

Spring Budget boost prompts tax planning rethink ahead of new tax year, says TWP

Surrey-based accountants TWP says the Chancellor’s drive for growth in the Spring Budget has created interesting tax planning opportunities for businesses and their owners. Jeremy Hunt

18 November 2022

Chancellor downplays tax rises in Autumn Statement, but freezes on allowances will hit taxpayers, says TWP

Surrey-based accountancy firm TWP says the decision to freeze and reduce personal tax reliefs, thresholds and allowances in the Autumn Statement will have a significant impact

13 August 2021

A quick guide to EIS and SEIS

Both the SEIS and EIS schemes are designed to help small businesses raise finance, by offering a range of attractive tax reliefs as an incentive for

27 November 2020

Diary of main tax events November/December 2020

Date What’s Due 1/11/20 Corporation tax for year to 31/01/2020 unless quarterly instalments apply 19/11/20 PAYE & NIC deductions, and CIS return and tax, for month

25 April 2019

How long do I need to keep my accounting records for?

The oldest surviving manuscript in existence is the Sumerian text from Abu Salabikh from 2600 BCE and if HMRC had its way, they’d want to go

23 April 2019

Cycle to Work scheme

If you pay your employees through the PAYE (Pay As You Earn) system, you are eligible to participate in the Cycle to Work scheme offered by

17 April 2019

The TWP business debate – the 4-day week and your business

The last few years have seen the introduction of some profound changes on employment and the idea of what employment should be. There’s unlimited paid holidays

10 April 2019

Asset finance and your business

If you own a small business and you want to expand your production capacity but the cost of buying the equipment outright you want would be

09 April 2019

R&D (Research and Development) Tax Credits and the Patent Box Tax Relief

Both R&D (Research and Development) Tax Credits and the Patent Box Tax Relief have been around for a while and they were introduced by the British

01 April 2019

Insurance for private contractors

Why should you get professional indemnity cover for contractors? There are lots of different reasons that we’ll explore in this article. Contractors today now form a