7th August 2023
From April 2023 until the end of March 2026, companies can claim 100% capital allowances on qualifying investments through the full expensing relief. Andrew Tall,…
7th August 2023
The UK’s response to the Russia-Ukraine War has seen a significant increase in additions to the UK’s Sanctions List. Tamara Howe, Director of Financial Crime…
7th August 2023
From the 8 August 2023, all businesses claiming R&D tax relief or expenditure credit will be required to submit an additional information form through HMRC’s…
25th July 2023
With effect from 1 August 2023, significant changes to UK alcohol duty will be introduced in an effort to standardise the tax by removing the…
24th July 2023
The second ‘payments on account’ deadline is on July 31st. With only one week to go, Stevie Heafford, Tax Partner outlines what ‘payments on account’…
21st July 2023
Debra Allcock Tyler, a formidable force in the charity sector, joined us at our recent Charity Trustee Roundtable. Read on for a summary of her…
17th July 2023
Over the past three years, the Covid-19 pandemic resulted in significant disturbances to the world economy, with the aftershocks resulting in supply chain issues, inflation,…
14th July 2023
Despite the recent increase, the UK’s Corporation Tax rates remain competitive when compared to other jurisdictions. As a result, this is helping the UK to…
13th July 2023
The latest data from the Office for National Statistics (ONS) shows that the UK surpassed £2 trillion in foreign investment for the first time in…
4th July 2023
HMRC’s Trust Registration Service (TRS) is an online register of the beneficial ownership of assets held in trusts. Since the 6th October 2020, all expressly…
30th June 2023
The cost of living pinch in the UK is in full swing. There is no sign of inflation coming down and interest rates have hit…
26th June 2023
HMRC has announced that taxpayers now have until 5 April 2025 to fill gaps in their National Insurance record that may increase their State Pension.…
14th June 2023
In March, HMRC announced a change to the transfer of assets rule which will impact spouses and civil partners who are in the process of…
13th June 2023
Article written by Marc Brinklow, Trust Manager The Chancellor has brought in a number of changes for trusts and estates with the aim of simplifying…
31st May 2023
We were delighted to join some of our clients and friends at a recent Byte the Book panel event, organised by the wonderful Justine Solomons,…
25th May 2023
We have all experienced the impact that financial technology (fintech) has had upon the delivery of financial services. The UK has emerged as one of…
19th May 2023
When it comes to Inheritance Tax (IHT), did you know that there isn’t any tax due on outright gifts if you survive for 7 years…
18th May 2023
We recently joined an expert webinar with The WealthiHer Network, focusing on the topic of property investment and securing your financial future. A line-up of…
27th April 2023
The Higher Education Policy Institute has published the first holistic picture of small and special-focus universities in Size is Everything: What small, specialist and practice-based…
18th April 2023
An individual’s eligibility for the UK State Pension is based on the number of ‘qualifying years’ they have on their national insurance records. However, sometimes…
4th April 2023
UK has been accepted into an Indo-Pacific trade bloc in what the government says is its biggest trade deal since Brexit. The Comprehensive and Progressive…
31st March 2023
As a new tax year beckons, it is once again important to make internationally mobile employees aware of a highly valuable tax relief known as…
30th March 2023
Many taxpayers who receive income gross (without the deduction of tax) are required to make payments on account towards their following year tax liabilities e.g.…
21st March 2023
In the Spring Statement, the Chancellor confirmed that Corporation Tax will increase to 25% from 1 April 2023. This will raise around £18 billion a…
20th March 2023
This month, HMRC has written to thousands of influencers who it suspects have not paid the right taxes for money earned online – this is…
16th March 2023
Jeremy Hunt delivered his first Spring Statement yesterday as Chancellor. As part of his ‘Budget for Growth’, he announced a number of key changes to…
9th March 2023
The Chancellor, Jeremy Hunt, is preparing to deliver his spring budget next week, his second statement since taking the job. While few significant tax changes…
8th March 2023
The aim of this year’s International Women’s Day #EmbraceEquity campaign theme is to get the world talking about why equal opportunities aren’t enough. At HW…
28th February 2023
Following the Prime Minister’s newly announced trade deal with Northern Ireland, Gerry Myton, Head of Indirect Tax at accountancy firm HW Fisher, shares a summary…
23rd February 2023
We recently held a webinar on tax issues affecting the Not for Profit sector. This covered important issues on guidance and policy changes relating to…
22nd February 2023
More than 11.7m taxpayers filed their tax returns before the 31st January 2023. However HMRC has revealed that more than 600,000 taxpayers missed the deadline.…
13th February 2023
It’s Valentine’s Day this week and HW Fisher outlines what Marriage Tax Allowance is, how it works and how you can claim it, plus other…
7th February 2023
For National Apprenticeship Week, we’re celebrating the achievement of our apprentices’ past and present and the positive impact they make to our firm. Our well-respected…
13th January 2023
Gerry Myton, Tax Partner, discusses the most recent VAT cases to go through UK courts and what we can learn from them. Mainpay Ltd v…
13th January 2023
In this month’s VAT Update Gerry Myton, Tax Partner, shares three key VAT updates from HMRC to pay attention to as we head into 2023.…
13th January 2023
As you may be aware, the shutdown of the CHIEF system was due to be finalised in the first quarter of 2023. However, recent updates…
11th January 2023
According to HMRC, nearly 5.7 million customers still need to file their self-assessment tax return for the tax year ended 5 April 2022. The deadline…
1st December 2022
With the cost-of-living crisis hitting home for everyone, more people are looking for new ways to generate income. From taking in lodgers to renting parking…
21st November 2022
HM Land Registry Letter to Overseas Entities:What you need to know about the Notice of Entry of a Restriction The month of October saw HM…
18th November 2022
The Chancellor has announced the Autumn Statement – and there are some milestone tax changes to be aware of. Today was always going to be…
16th November 2022
The chancellor Jeremy Hunt is planning a series of stealth tax rises, among other tax rises and spending cuts, that will force small businesses to pay…
16th November 2022
Many predict that the Chancellor will shake up tax rules on dividend payments. Tim Walford-Fitzgerald comments on the predictions: “Fiscal drag is a term that…
14th November 2022
HMRC is replacing Customs Handling of Import and Export Freight (CHIEF) system with the Customs Declaration Service (CDS). The shutdown of CHIEF will be done…
11th November 2022
With the festive season fast approaching, it’s time to start planning your Christmas celebrations. Last year the pandemic forced many businesses to cancel their Christmas…
4th November 2022
We were delighted to be joined by Will Lifford, Board Member at the Charity Commission, at our recent Charity Trustee Roundtable where the group discussion…
4th November 2022
Article written by Marc Brinklow, Trust Manager As a quick recap, the Trust Registration Service (“TRS”) is an online system managed by HMRC, which requires…
27th October 2022
On 28 February 2022, two months after signing the UK-Australia free trade agreement, the UK signed a free trade agreement with New Zealand, aiming to…
18th October 2022
Borrowing money is often attached to a host of financial complexities, and there are various questions you should be asking before entering a loan agreement.…
18th October 2022
As we start a new university academic year, finance directors and senior management teams will have a lot on their minds in an ever-changing and…
17th October 2022
The Chancellor has reversed almost all measures announced in September’s “mini budget”. Summary of changes: The basic rate of income tax will remain at 20p…
11th October 2022
A guest article from Dean Rogers, Executive Director of Industrial Strategy and Member Relations, The Society of Radiographers. Some problems look insurmountable, but we can’t…
23rd September 2022
The Chancellor has announced his “mini” Budget – 6 months on since the March Budget and there are some milestone tax changes to be aware…
23rd September 2022
The new Chancellor has announced his ‘mini-budget’, setting out the Government’s economic policy to combat the cost of living crisis and recession affecting business and…
22nd September 2022
Commentary on National Insurance from Stevie Heafford “As predicted, the new Chancellor has reversed the 1.25% rise in National Insurance Contributions originally introduced by Rishi…
14th September 2022
Article written by Daniel Tomassen, Senior Manager of the Private Client Department. The Office for National Statistics put the rate of inflation in the UK…
14th September 2022
Whilst international travel has now resumed to a level of normality, the various travel restrictions implemented during the Covid pandemic will have a long-lasting effect.…
13th September 2022
In December 2021, the UK and Australia signed a Free Trade Agreement. The first ‘new’ trade deal signed since Brexit has been badged as world-class…
8th September 2022
Charities in the UK are facing a growing number of pressures in response to the cost of living crisis. Not only are they starting to…
6th September 2022
At our recent University Chair of Audit Committee roundtable, we were joined by Professor Susan Lea, former Vice Chancellor at the University of Hull where…
5th September 2022
HMRC’s ‘nudge letters’ are specifically worded letters to prompt a response from the recipient. In a previous article, we outlined what you need to know…
30th August 2022
(UPDATED AUGUST 2022) In September, the Trust Registration Service (TRS) finally opened for the registration of non-taxable trusts. As a quick recap, the regulations were…
26th August 2022
The UK property market has seen significant changes since the start of the calendar year with new regulations and macroeconomic factors bringing a variety of…
22nd August 2022
Coming into effect from September 2022, HMRC have announced that they will be changing the way they carry out VAT assessments for overseas traders who…
18th August 2022
There is less than 6 months until the deadline for the Register of Overseas Entities On the 1 August 2022 the UK’s Register of Overseas…
17th August 2022
During the pandemic years, the world of cryptocurrencies and digital investments reached dizzying new heights in both popularity and monetary value. Everyone from serial entrepreneurs…
12th August 2022
The travel industry has faced turmoil this summer, with baggage claims flooding airports, strikes, and miles-long lines at the port of Dover with people making…
12th August 2022
The prime month for summer holidays has arrived, so if you own and run a Furnished Holiday Let (FHL), or you are looking to start…
2nd August 2022
Monday night’s Love Island finale introduces a host of new influencers to the social scene – Here’s what they need to know about managing their…
28th July 2022
In April, National Insurance (NI) endured an increase of 1.25% – from 12% to 13.25%. This decision was partly made to ensure that enough money…
28th July 2022
Divorcing couples are now given more time to transfer assets under “No Gain/ No Loss” rules The Government have recently announced proposals to change the…
28th July 2022
Cost of living crisis: 3 alternative options to a pay rise Rising inflation in the UK is creating a situation in which the cost of…
27th July 2022
Financial statements look at historical information, thus rising inflation can quickly make the information contained in them increasingly irrelevant. It is, therefore, even more important…
26th July 2022
Calling all property investors – lessons learnt from the Haymarket Media Group Limited v HMRC [2022] case Calling all property investors/developers – the recent First…
26th July 2022
The second ‘payments on account’ deadline is this week – What self-employed taxpayers need to know London, 26th July 2022 – The second ‘payments on…
12th July 2022
Top reasons to invest in the UK According to the World Bank’s “Doing Business Guide 2020”, the UK ranked number 8 globally for the ease…
5th July 2022
On 1 June 2022, HMRC published Revenue and Customs Brief 10 (2022) outlining their change of policy when determining whether an activity is a business…
30th June 2022
National insurance (NI) is a tax which contributes towards benefits and pensions, covering everything from job seekers allowance to maternity leave payments. The amount you pay depends upon…
30th June 2022
First published in Charities Management on June 28th 2022 “We know that truly diverse organisations have increased innovation and they have higher levels of retention. We…
30th June 2022
Inward investment makes a significant contribution to the UK economy – beyond job creation and wages through to productivity gains and fostering innovation, research and…
30th June 2022
First published in Accountancy Today on June 24th 2022 Last week saw the UK’s first Social Mobility Awareness Day, a day designed to improve…
22nd June 2022
Carol Rudge, Partner & Head of Not for Profit (NFP) at HW Fisher, provides an update on some of the top reports, news, and events…
31st May 2022
Tanya Craft has recently been promoted to Director, Corporate Finance. Tanya first joined HW Fisher’s audit department back in 2011 as part of a three-year…
20th May 2022
From April 2022, the Divorce, Dissolution and Separation Act 2020 has reformed the divorce process to remove the concept of fault. Couples are now able…
20th May 2022
Annual tax on enveloped dwellings (ATED) is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. The…
10th May 2022
HMRC has begun issuing further batches of nudge letters to taxpayers. HMRC has used what has become known as ‘nudge’ letters since 2017 , designed…
5th May 2022
“I was reading an article which was talking about belonging and that diversity and inclusion aren’t what matter anymore, but belonging is what counts. And…
3rd May 2022
Many Not for Profit organisations are increasingly working with third parties to fulfil their organisational needs and services. For example, areas such as catering, branded…
26th April 2022
Tim Walford-Fitzgerald, Partner, shares his thoughts about the announcement from the Labour Party to replace ‘non-dom’ tax rules. The practical impact of the changes are…
20th April 2022
Gerry Myton and Mike Block explain the latest updates and rulings affecting VAT. Read more on the latest news from HMRC, key takeaways from recent…
12th April 2022
While international travel has now started to open up, the various travel restrictions put in place during the COVID pandemic mean that some individuals found…
11th April 2022
Higher Education Chair of Audit Roundtable – February 2022 – the current HE landscape At our recent Chair of Audit Committee roundtable, we were joined…
6th April 2022
Carol Rudge, Partner & Head of Not for Profit (NFP) at HW Fisher provides an update on some of the top reports, news, and events…
6th April 2022
Charities are mission-driven by definition: delivering on their charitable objectives is embedded into their DNA. We all know that charities do incredible game changing work. …
6th April 2022
The recent tribunal hearing in the case of City YMCA London v HMRC could have important implications for charities that provide accommodation. If you provide…
6th April 2022
Unions 21 is a forum for unions to come together to explore our shared challenges and to look at practical projects and ideas to build…
5th April 2022
As the 2021-22 tax year draws to a close, a lot of people have been wondering exactly when the current tax year ends and the…
24th March 2022
The Chancellor has announced his ‘mini-budget’ – here are our five key takeaways and initial thoughts so far. 1. Income tax Key takeaway: Basic rate…
22nd March 2022
HW Fisher outlines some quick wins for The Chancellor to consider ahead of the Spring Statement this week… Reduce fuel duty costs “The proportion of…
11th March 2022
In this month’s VAT Update Gerry Myton and Mike Block bring the latest updates from the world of VAT! Read on for more updates, information…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.AcceptReject Read More Privacy & Cookies Policy
