26th October 2020

The Chancellor’s latest support scheme – an FAQ

The latest Government measures come just weeks after the Chancellor’s Winter Economy Plan and Extension to the Job Support Scheme. With the support available in…

26th October 2020

Planning for a strong 2021 – strategies charities can put in place now

In the past few months, the pandemic has had a seismic impact on charities, and reinforced some of the wider challenges charities face. While dealing…

22nd October 2020

Chancellor’s revised measures: It’s a big ask for employers to fund a ‘redundant workforce’

Commenting on the revised measures announced by The Chancellor today, Simon Michaels, CEO of Business Solutions at accountancy firm HW Fisher said: “This is clearly…

16th October 2020

Financial due diligence – is it really necessary?

If you are considering making a business acquisition you will no doubt have considered the legal requirements in terms of negotiating a sale and purchase…

15th October 2020

Tier 2 lockdown measures catastrophic for the hospitality industry

Commenting on the Tier 2 restrictions announced today, Russell Nathan, head of hospitality, said: “The tier 2 lockdown measures announced today will be catastrophic for…

14th October 2020

Covid-19 Support Schemes come to an end – what happens next?

Two of the Covid-19 funding schemes introduced by government to support businesses are coming to an end, with claim deadlines approaching this month. The second…

14th October 2020

Job Support Scheme Extension – your questions answered

The new measures come just two weeks after the Chancellor’s Winter Economy Plan, where he announced the Job Support Scheme – billed at the time…

9th October 2020

The Chancellor’s local furlough scheme – initial reactions from HW Fisher

Commenting on the announcements made by The Chancellor on furlough changes today, Russell Nathan, head of hospitality at accountancy firm HW Fisher said: “It’s a…

25th September 2020

Manage your HMRC queries effectively using our Tax Investigation Service

Over the past few months, we have all faced a truly unprecedented situation. The global coronavirus pandemic has affected our families, our businesses, our communities…

24th September 2020

The Chancellor’s Winter Support Package – initial reactions from HW Fisher

Commenting on the announcements made by The Chancellor on a winter support package today, Simon Michaels, CEO of HW Fisher Business Solutions said: “It’s a…

24th September 2020

Can licence agreements in the gaming industry hold water?

Digital transformation in the gaming industry has only been accelerated by the coronavirus pandemic, with the global video game market now forecast to be worth…

24th September 2020

The reform of Capital Gains Tax

Capital Gains Tax (“CGT”) is a relative newcomer to the tax party, having been introduced to the UK in 1965, but it may be only…

24th September 2020

Untangling royalties in the gaming industry

Licensing and royalties in the gaming industry are complex, particularly with the accelerating trend towards digital gameplay and the rise of new platforms for distributing…

23rd September 2020

New curfew for hospitality is another blow to the industry

Russell Nathan, hospitality expert at accountancy firm HW Fisher comments: “This announcement is another blow to the struggling hospitality industry, who have been patient and…

23rd September 2020

Covid-19 recovery: make the most of additional funding available

Among some of the various Covid-19 recovery schemes introduced by government to support businesses, is a new, little known, fund of £20 million from which…

15th September 2020

High Court – Business Interruption Insurance – businesses must now pay attention

Commenting on the decision made by the High Court today on the landmark Business Interruption Insurance case, Rafi Saville, forensic partner at accountancy firm HW…

26th August 2020

Q&A: All you need to know about the Business Interruption Insurance court case

Nearly 400,000 small businesses are waiting to see if insurers will be forced to pay out on their business interruption policies after a landmark High…

24th August 2020

Reverse charge VAT on construction services

The new VAT reverse charge for construction services comes into force on 1st March 2021.  It applies to certain supplies of construction services by construction…

17th August 2020

No more bank of mum and dad! Is this a trend set to continue?

Nationwide, the UK’s second-largest mortgage lender, recently announced a policy change, implementing restrictions on first-time buyers trying to get on the housing ladder. For these…

12th August 2020

Guidance for charities entering the second half of 2020

As we enter the second half of 2020, it is important for charities to take stock of best practices, and to lay a strong foundation…

31st July 2020

Business Interruption Insurance – why businesses should follow the High Court case closely

The covid-19 pandemic has resulted in unprecedented financial challenges for businesses across the UK. For those in the hospitality and leisure industry, many have had…

30th July 2020

Eat Out to Help Out scheme is proving wildly unpopular

From August, The Eat Out to Help Out scheme will be introduced, however Russell Nathan, senior partner, explains why it might not be as popular…

30th July 2020

Making Tax Digital – false alarm or not?

We’ve had false alarms from HMRC before but this time it looks as if they are serious. Making Tax Digital for Income Tax Self-Assessment (MTD…

29th July 2020

Disposals of UK residential property – New reporting regime

The reporting and payment of capital gains tax on disposals of UK residential property changed with effect from 6 April 2020. In practice, the change…

20th July 2020

It’s time for businesses to rewrite the rulebook

If your business can’t wait until January for the retention bonus scheme, Simon Michaels, CEO of HW Fisher Business Solutions outlines what you can do…

15th July 2020

Covid-19 – Time to buy or sell?

The Covid-19 pandemic has significantly affected corporate buy and sell activity worldwide, with the first quarter of 2020 cited as being down 25% on 2019…

15th July 2020

Post-lockdown divorce – why you need an expert

The Covid-19 pandemic has been a difficult time for many people, with the monotony of working from home, the anxieties and frustrations of childcare and…

8th July 2020

The Chancellor’s Summer Statement – initial reaction from HW Fisher

VAT should be reduced for the hospitality sector for a minimum of two years – January isn’t enough time to create long term certainty Our…

30th June 2020

Managing a responsible recovery

2020 marked the beginning of what the UN called the decade of delivery, the 10 years where governments, institutions and individuals would work with intent…

25th June 2020

A step in the right direction for hospitality but more to do

Russell Nathan, senior partner at top accountancy firm HW Fisher comments on the recent hospitality news: “Our restaurants, pubs, bars and hotels are struggling. Health…

25th June 2020

Coronavirus Job Retention Scheme and Flexible Furlough

The Coronavirus Job Retention Scheme (CJRS) will enter its second phase on 1 July. From this date, it will be possible to “flexibly” furlough employees…

16th June 2020

Jason Steinberg joins HW Fisher as corporate tax partner

HW Fisher, the top 30 chartered accountancy practice, has bolstered its corporate tax division with the appointment of Jason Steinberg as partner. Originally a trainee…

4th June 2020

Guidance for charities on serious incident reporting during Covid-19

The Charity Commission has provided guidance on what trustees need to consider in reporting serious incidents during and linked to the coronavirus pandemic. Having reviewed…

3rd June 2020

Extension of the Self-Employed Income Support Scheme grant

Along with an extension to the assistance for employers in the form of the flexible furlough scheme, the Chancellor has announced a second, if smaller,…

3rd June 2020

Phase 2 of the Coronavirus Job Retention Scheme (CJRS): A guide

After weeks of supporting businesses through lockdown, the Government is now assisting employers in easing their employees back into work as the restrictions are relaxed.…

1st June 2020

Authors’ tax trap – incorporations that go wrong

Our Authors & Journalists team advises writers on whether they would benefit by operating through a limited company. Care is needed as there can be…

26th May 2020

Covid-19: Exemption for reimbursed home office equipment

It has been confirmed by the Treasury minister that organisations reimbursing staff for equipment purchased that enables them to work from home during the pandemic…

12th May 2020

A Guide to the Coronavirus Job Retention Scheme (CJRS) [Updated]

Under the Coronavirus Job Retention Scheme, announced on 19 March 2020, the Government has put arrangements in place to provide grants to cover 80% of…

7th May 2020

Helping our clients through Covid-19: Stories of how we have been supporting our clients secure government loans

Financial Support for the Retail Sector Client: Sole trader – designer Loan secured: £200,000 from HSBC through CBILS Approach: Through internal collaboration we were able…

4th May 2020

A guide to the Coronavirus ‘bounce back’ small loan scheme

Originally announced by the Chancellor on 27 April, the Bounce Back Loan Scheme  (BBLS) opened for applications on 4th May. This microloan is to help…

1st May 2020

Temporary VAT relief on PPE

HMRC has announced the temporary relief from VAT of Personal Protective Equipment (PPE). With effect from 1 May 2020, supplies of PPE will qualify to…

28th April 2020

Guidance for SMEs: your key questions answered

The government has issued, and in some cases subsequently revised, measures to support SMEs during this time. Here, Simon Michaels and Jonathan Bourne answer some…

22nd April 2020

Support for self-employed individuals: your questions answered

The Government has only recently issued its help package for the self-employed during the impact of Covid-19 and many questions remain outstanding. Our Partners have…

22nd April 2020

Guidance for charities: your key questions answered

In the current circumstances we know a lot of charities are having to change the way they operate to ensure fundraising and funding can continue…

22nd April 2020

Covid-19 Support for Innovative Companies

On 20 April 2020 the Government announced a support package for innovative firms facing financing difficulties due to the coronavirus outbreak. The new package includes:…

21st April 2020

Partnering with clients through Covid-19 – Stories of how we have been supporting and advising clients

Helping the Retail Industry Keep Up-to-Date and Make Well-Informed Decisions for the Future Partner: Ross Fabian Client: European distributor for a sports footwear brand Advising…

20th April 2020

A Guide to the Coronavirus Large Business Interruption Loan Scheme

20 April 2020 The Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched officially on 20 April 2020. Originally announced by the Chancellor on 2…

9th April 2020

Covid-19 support for charities – current funding initiatives available

In the current circumstances we know a lot of charities are having to change the way they operate to ensure fundraising and funding can continue.…

9th April 2020

Financial Reporting Implications of Covid-19

The uncertainty surrounding Covid-19 has huge implications on financial reporting. All company directors have a responsibility to prepare financial statements that give a true and…

8th April 2020

How we have been supporting clients through Covid-19

Preparing to Keep a Healthcare Company Afloat in the Absence of Patients Partner: Joel Courts Client: Dental sector Advising on: Coronavirus Business Interruption Loan Scheme…

31st March 2020

Claiming a grant under the Covid-19 Self-employment Income Support Scheme – advice for authors

You can use this scheme if you’re self-employed as an individual or in a partnership and have lost income because of coronavirus. You can apply…

31st March 2020

Claiming a grant under the Covid-19 Self-employment Income Support Scheme – advice for actors

You can use this scheme if you’re self-employed as an individual or in a partnership and have lost income because of coronavirus. You can apply…

30th March 2020

Claiming a grant under the Covid-19 Self-employment Income Support Scheme – advice for musicians

You can use this scheme if you’re self-employed as an individual or in a partnership and have lost income because of coronavirus. You can apply…

28th March 2020

Covid-19 guidance webinar series – advice for businesses, the self-employed and charities

Over the past few weeks, the UK Government has announced a host of packages to support individuals and businesses through the impacts felt by the…

27th March 2020

Support for the self-employed – an outline of the new measures

Who is eligible for the support? Despite the Chancellor’s saying that the package for the self-employed provides parity with employees, there are some very material…

26th March 2020

Covid-19 – Advice for Authors

We’re living through unprecedented times; it’s not going to be easy and we are all going to have to work together to get through it.…

25th March 2020

VAT Payments Holiday – Key Points Summarised

On 20 March 2020 the UK Government announced temporary changes to the VAT system, as part of a package of measures in response to the…

23rd March 2020

COVID-19 – Guidance for Business

19th March 2020 The Government has issued COVID-19 guidance for employers and small businesses. The guidance assists employers with issues facing the health and wellbeing…

23rd March 2020

COVID-19 – Government Support for Business Explained

19th March 2020 The Government has issued COVID-19 guidance for employers and small businesses. The guidance assists employers with issues facing the health and wellbeing…

23rd March 2020

A Guide to the Coronavirus Business Interruption Loan Scheme

23rd March 2020 The Government announced in the Budget on 11th March 2020 that Small and Medium sized companies (with turnover up to million) would…

12th March 2020

Budget 2020: our commentary

Chancellor Rishi Sunak delivered his first Budget in the House of Commons yesterday, where he announced the government’s tax and spending plans for the year…

5th March 2020

Accountancy firm HW Fisher calls for the Chancellor to “keep it simple and don’t stifle entrepreneurship”  

Ahead of the budget next week, top 30 accountancy firm HW Fisher outlines three areas of focus for the Government. HW Fisher explains why the…

4th March 2020

Authors and Their Loan Out Companies

Many authors channel their income through limited companies but they have to be operated correctly and it is usually best to seek professional advice. Sometimes…

27th February 2020

Pre-nup or Post Traumatic Stress?

Just got engaged on Valentine’s Day? Along with the ring and the champagne there may be one other not so romantic thing you need to…

20th February 2020

The new £20 note: what you need to know

While it looks like we are moving towards a cashless society, currency redesigns can still have a huge impact on businesses. It’s essential to be…

11th February 2020

HW Fisher has partnered with Curtis Brown Creative to provide a fully funded place on their brand new screenwriting course

In a new partnership with HW Fisher, Curtis Brown Creative has announced a scholarship enabling one writer of limited financial means to join their first…

23rd December 2019

How to avoid a last minute panic when filing your tax return

Ahead of the online self-assessment deadline, 31st January 2020, HW Fisher share their advice to make sure you file on time and correctly. Jamie Morrison,…

23rd December 2019

HW Fisher assists in Mayfly Outdoors’ first UK acquisition

  HW Fisher have advised Colorado-based manufacturer of premium fly-fishing products, Mayfly Outdoors, on its acquisition of Airflo, a UK-based fly line manufacturer. As this…

19th December 2019

Electric cars – support the environment and make significant tax savings

While tax incentives have always been on offer for companies to purchase electric, hybrid and low emission cars, recent changes announced by the Treasury have…

19th December 2019

Driving profit and purpose

Historically, there has been a divide between the individual activists drawing attention to the climate crisis and the investors who “pledge” to tackle it. As…

17th December 2019

HW Fisher expands services for SMEs by partnering with Funding Xchange

HW Fisher, the top 30 accountancy firm, announces today its partnership with Funding Xchange, the leading small business funding marketplace. As a result of this…

13th November 2019

New Solicitors’ Account Rules – are you ready?

The new Solicitors’ Account Rules (SAR) come into effect in just over 10 days’ time, on 25 November 2019, and these will have to be…

17th September 2019

HW Fisher expands forensic accounting practice with new Contract Compliance division

Top chartered accountancy firm, HW Fisher, have announced the expansion of their Forensic Accounting & Royalty Audit practice with a new division, Contract Compliance. Led…

3rd September 2019

Paying Tax on Prizes, Grants and Awards – Advice for Authors

In light of the Booker-prize shortlist this week, we put together some top advice for authors when it comes to tax on prizes, grants and…

2nd September 2019

Thinking about selling your business? 5 questions you should ask your accountant

Here are our top tips if you are considering selling your business and what you can expect from the sales process. 1. Is selling the…

9th August 2019

Five tips on valuing your business

With the launch of the new series of Dragons’ Den we thought we’d tackle one of the key mistakes that so many of the entrepreneurs…

30th May 2019

HW Fisher bolsters audit division with two new partners

30 May 2019, London – top 30 chartered accountancy practice, HW Fisher, has expanded its audit division with the appointment of Darshna Choudhury and Paul…

2nd May 2019

The Use of Holograms in Licensing

For the licensor, holograms help to protect brand integrity by distinguishing between approved products and counterfeits – acting as a form of quality control. Licensees…

2nd May 2019

The need to knows when it comes to royalty auditing in the fashion industry

If you’re a big global brand like, for example, David Beckham, you will be able to sell millions of pounds worth of fashion items like…

2nd April 2019

Tax FAQs for authors

Q: What are the most common mistakes on tax returns? The most common error is to show income after the deduction of agent’s commission and…

2nd April 2019

Top tips for record-keeping on the road

1. If you’re using a car for business purposes, it’s important to keep a log of business miles. If this isn’t possible all the time,…

1st April 2019

Can I be employed and self-employed at the same time?

I'm a journalist on a casual contract and an artist - should I remain on PAYE or become self-employed?

1st April 2019

Conflicts of interest: a timely reminder

Identifying and dealing correctly with a potential conflict of interest within your charity is fundamental to its continuing operation and fundraising ability. It is vital…

1st April 2019

Forget the end of year tax rush, top tax-saving tips for investors in 2019/20

If you can start the new tax year off by saving you will have more flexibility to look around and ask yourself whether certain savings…

21st March 2019

HW Fisher advises The Fattal Group on entry into central London hotel market

20 March 2019, London - top 30 chartered accountancy firm, HW Fisher, has advised The Fattal Hotel Group on accounting aspects for its acquisition of…

20th March 2019

Spring Statement 2019

Chancellor Philip Hammond’s second Spring Statement was delivered against a backdrop of political turmoil, following the voting down of Prime Minister Theresa May’s Brexit withdrawal…

19th March 2019

How to prepare your business for Brexit

How well prepared for Brexit are you? Probably not very if you’re being honest with yourself. Last month the Federation of Small Business (FSB), warned…

12th March 2019

Top tips on tax aspects of your business

In times of political and economic uncertainty, it is more important than ever for businesses to consider the scope for tax savings in order to…

21st February 2019

Thinking about selling your business?

Here are our top tips if you're considering selling your business and what you can expect from the sale process.

4th February 2019

Why are accountants getting their sums wrong?

When bosses at the top four audit firms were asked by Parliament last week whether they were happy with the quality of the audits they…

30th January 2019

Insolvencies on the rise

The official insolvency figures for the fourth quarter of 2018 were released on 28th January 2019. Brian Johnson, business recovery and insolvency partner here at…

7th January 2019

A miscellany of hints, tips and wrinkles for writers based in the UK

UK writers have to cope with income tax, national insurance, sometimes VAT, and record-keeping. This may seem overwhelming at times and professional advice can be…

2nd January 2019

How to manage cash flow: 5 quick tips

If you’ve woken up in the middle of the night in a cold sweat worrying about how you are going to pay the wages for…

2nd January 2019

Capital allowances: a guide for authors

Capital allowances let you claim tax relief on capital expenditure. Relief is available on items such as computers, office furniture and equipment, reference library, vehicles…

17th December 2018

Author expenses – a checklist

It's important to know what expenses you can claim as an author; it may be more than you think, especially if you use your home…

29th November 2018

HMRC preferred creditor status renewal from 2020 a regressive move

Brian Johnson, business recovery and insolvency partner at HW Fisher assesses the impact of the Chancellor's announcement that HMRC will become a preferred creditor in…

31st October 2018

Autumn Budget 2018

Chancellor Philip Hammond has delivered his second Autumn Budget, exactly five months before Britain is due to leave the European Union.

26th October 2018

Autumn Budget 2018 Predictions

Ahead of the Budget next week, two of our partners here at HW Fisher, Tim Walford-Fitzgerald and Toby Ryland consider what the Budget might hold.

12th June 2018

Making Tax Digital for VAT

The first stage of the Government’s Making Tax Digital (MTD) programme is being introduced in April 2019.