Articles & Insights (Index)
3rd December 2024
With the festive season fast approaching, it’s time to start planning your Christmas celebrations. Searches for Christmas parties are up this year by 104% compared…
27th November 2024
On 20th November 2024, HW Fisher, in conjunction with the Society of Authors, led an online session on everything you wanted to know about…
27th November 2024
The recent Budget announcement confirmed several changes to the non-dom regime. Adam Bonell breaks down the key changes to prepare for before they roll out…
21st November 2024
HW Fisher, part of Sumer Group, a top 15 accountancy practice, announces that it has appointed two new Directors to support the firm’s continued growth.…
20th November 2024
This article was first published on Property Week Chancellor Rachel Reeves’ Budget on 30 October demonstrated the government’s desire to address the affordable housing…
19th November 2024
International Men’s Day (IMD) is a global occasion that recognises and celebrates the positive contributions and diverse achievements of men across social, economic, cultural, and…
14th November 2024
This article was first published on FT Adviser. The non-dom reforms have been the subject of much speculation and debate since they were first announced…
5th November 2024
On 1 November 2024, we joined the Australia-United Kingdom Chamber of Commerce for the ‘UK Budget Review 2024’ webinar and Q&A session covering Labour’s first…
1st November 2024
In Wednesday’s Autumn Budget, all eyes were on the new government and the tax rises needed to fund their policy agenda. While the Chancellor stuck…
28th October 2024
In light of recent remarks from the Prime Minister warning that the budget would be “painful”, there has been much speculation as to what tax…
28th October 2024
As ever, there is a great deal of speculation about what might be in the budget, but little substantive information that can help businesses plan.…
17th October 2024
The deadline for individuals choosing to complete their self-assessment via post is midnight 31st October. With the deadline for postal self-assessments now only two weeks…
15th October 2024
With two weeks to go until Chancellor Rachel Reeves delivers her Autumn Budget, the team at HW Fisher share their thoughts on what they feel…
10th October 2024
We’re delighted to announce that HW Fisher has joined forces with Sumer – a collaboration of renowned regional accountancy practices with a shared vision to…
7th October 2024
Being a professional footballer has many benefits that are obvious to all. Although these perks are desirable, the main ambition of footballers, in our experience,…
2nd October 2024
A company director needs to understand that their role comes with duties and responsibilities. As well as the day to day running of a company,…
26th September 2024
On 30th October, Rachel Reeves will deliver her first Budget since the Labour Party was elected to government. There has been much speculation about the…
23rd September 2024
Inheritance Tax is a tax on the estate (which includes the property, money and possessions) of someone who’s died. The standard rate is 40% which…
11th September 2024
The UK’s new government will deliver its first budget on the 30th October, 2024, and the Prime Minister has set clear expectations that people will…
29th August 2024
Following the recent statement by the Chancellor that there is a £22 billion hole in public finances, it is expected that the government will increase…
27th August 2024
Rules concerning the taxation of employees can be complex. In addition to identifying what amounts need to be included in the monthly payroll, employers need…
20th August 2024
In the UK, special tax rules apply to rental income from properties that qualify as a Furnished Holiday Letting (FHL). Under the current FHL scheme,…
6th August 2024
According to the latest official data, June saw the highest number of company insolvencies since May 2023, and the third highest number since 2000. High…
31st July 2024
In the 2022 Autumn Budget, the then Chancellor Jeremy Hunt implemented a temporary increase in the Stamp Duty Land Tax (SDLT) thresholds for homebuyers and…
30th July 2024
With the 2024 Olympics having started last week in Paris, we decided to sit down with our very own Martin Smith, Head of Sports at…
16th July 2024
The second ‘payments on account’ deadline is July 31st. With only two weeks to go, Stevie Heafford, Tax Partner at HW Fisher, explains what payments…
2nd July 2024
Foreign direct investment (FDI) is critical for nations like the UK. It creates jobs and drives economic productivity. Last week the Department for Business and…
26th June 2024
According to the IFS, the average cost of private school fees has risen by 20% in real terms since 2010 — and the cost could…
25th June 2024
On the 4th of July 2024, the UK will choose its next government. We’ve now seen the main political parties all publish their manifestos, revealing…
20th June 2024
Employers who grant or award their UK employees or directors with equity or share incentives will likely need to submit an annual return to HMRC…
17th June 2024
The UK General Election has been announced for the 4th of July and the campaigning is well underway. During last week’s manifesto release, both the…
14th June 2024
When providing employees or a member of their family/household with non-cash benefits, it is important to understand the Income Tax and National Insurance Contributions (NIC)…
5th June 2024
Financial Fair ‘Play’ Rules It is the end of the 2023/24 Premier League Season and for the first time in the history of the league…
29th May 2024
Our recent Property Tax Webinar from our Tax Partner team covered property tax and VAT issues relating to whether you’re a real estate investor or…
23rd May 2024
According to HMRC, nearly 300,000 people filed their self-assessment tax return in the first week of the new tax year. In fact, 70,000 of those…
22nd May 2024
Wondering about the tax ramifications of setting up your own business? Or confused by income and allowable expenses, authors averaging, capital items and allowances, or…
20th May 2024
The Domestic Reverse Charge (DRC) for VAT on construction services came into effect in the UK on March 1st, 2021. In this article, Mike Block,…
16th May 2024
The cost-of-living crisis and higher mortgage rates suppressed demand in the housing market last year; however, with interest rate cuts and one year until additional…
13th May 2024
As of 1st May 2024, Martin Smith, Mark Reveley and Tanya Craft are partners in their respective departments, bringing the firm’s total to 28. Martin…
13th May 2024
Zoe Amar joined us at our latest Higher Education Chair of Audit Committee Roundtable where the topic of discussion was Artificial Intelligence. The topics covered…
30th April 2024
In the Spring Budget 2024, the Government announced its plan to abolish the concept of domicile for tax purposes, and with it the associated ‘remittance…
22nd April 2024
Last week the Scottish government ditched its target to reduce greenhouse gas emissions by 75% by 2030. The truth is that they are not the…
18th April 2024
All corporate bodies, including companies, local associations, charities, must file a Corporation Tax return and pay Corporation Tax on their profits (if any), unless they…
15th April 2024
This month several changes have come into effect that will impact UK businesses across a wide variety of sectors. From VAT registration thresholds to changes…
12th April 2024
For some time, the VAT registration turnover threshold for UK businesses was set at £85,000. In the Spring Statement, the VAT threshold for 2024 was…
2nd April 2024
The UK tax year always ends on 5th April and starts on 6th April. With less than a week to go until the start of…
27th March 2024
Following our recent property tax webinar and the changes announced in the Spring Statement, Stevie Heafford, Tax Partner at HW Fisher, outlines the key tax rules,…
27th March 2024
Recently I had the pleasure to present with Simon Warner (Head of Licencing and Ventures at Oxford University Innovation) and Carol Rudge (Head of Higher…
20th March 2024
To combat the cost-of-living crisis, more adults across the UK are turning to side hustles to bring in extra income. However, to ensure that people…
18th March 2024
At our recent charity trustee roundtable, we were joined by Joe Saxton, Chair of the Association of Chairs, who led the discussion. The key points…
11th March 2024
Our recent Property Tax Webinar from our Tax Partner team covered property tax and VAT issues relating to whether you’re a homeowner, real estate investor,…
8th March 2024
International Women’s Day (IWD) is a celebration honoured worldwide of the social, economic, cultural, and political achievements of women. It’s a day to raise awareness…
7th March 2024
In this week’s Spring Statement, likely the last major fiscal event before the impending general election, all eyes were on the potential introduction of voter-friendly…
4th March 2024
Understanding group relief can be helpful in optimising your company’s tax position. The long-standing Corporation Tax relief allows companies within the same group to surrender…
28th February 2024
According to HMRC, a record 11.5 million people submitted their tax return in time for the 31 January deadline. However, it is estimated that 1.1…
23rd February 2024
With less than two weeks to go until the Chancellor delivers the Spring Statement, the team at HW Fisher share their thoughts on what the…
19th February 2024
The 31st of January 2024 marked one year since overseas entities owning UK property were mandated to register with Companies House. By creating the register,…
19th February 2024
In a much-needed intervention for struggling retailers, the Office of Budget Responsibility recently announced that it will undertake a cost versus benefit review of tax-free…
14th February 2024
Today is Valentine’s Day and for many around the world, it is a special time to show their love and affection for others. Some might…
12th February 2024
This article was first published on Accountancy Today. The accountancy profession is evolving rapidly, with several changes that demand the attention and strategic response from…
9th February 2024
It’s been four years since the UK officially left the European Union (EU), yet the much spoken of demise of UK PLC has not materialised.…
5th February 2024
To celebrate this year’s National Apprenticeship Week, we caught up with Leyla Murtagh, an AAT Apprentice in the Not-for-Profit team at HW Fisher, on what…
29th January 2024
Since 1 January 2024, platforms like Airbnb specialising in short-term rentals have been required to send data on their clients’ earnings to HM Revenue and…
25th January 2024
At our recent Chair of Audit Committee Roundtable, we were joined by Nick Hillman, Director of the Higher Education Policy Institute (HEPI), who led us…
25th January 2024
Is there a better feeling than finding out that you have paid too much tax? Stevie Heafford, Tax Partner at HW Fisher explains who could…
25th January 2024
Making gifts throughout your lifetime is an effective way to ensure that you are leaving as much behind to your loved ones as possible whilst…
8th January 2024
A self-assessment tax return can look daunting; however, with the right information and a little insider know-how, it can become a lot simpler. In this…
4th January 2024
According to data published by HMRC this week, nearly 5.7 million customers still need to file their self-assessment tax returns for the tax year ending…
20th December 2023
2023 was a landmark year for HW Fisher, celebrating 90 years in business and five years post-management buyout. This year, we honoured our history and…
20th December 2023
Tanya Craft commenced her journey at HW Fisher in 2011 as an Accountant through the ACA programme. Over thirteen years, she ascended to a director…
14th December 2023
At our recent Charity Trustee Roundtable, we were joined by Kai Adams, Managing Partner of Green Park who led us through a discussion around board…
12th December 2023
This article was first published on FT Adviser. During the Autumn Statement the Chancellor announced the first ever cuts to National Insurance payments. In his…
11th December 2023
Over 20 years ago, the UK government introduced self-assessment for individual taxpayers. The concept was that individuals would prepare their own tax returns and HMRC…
11th December 2023
It is understood that the baby boomer generation, those born between 1946 and 1964, have over 50% of Britain’s wealth and many are on the…
5th December 2023
We recently held a webinar discussing VAT, tax and employment tax issues affecting the Not for Profit sector and what finance teams should be…
29th November 2023
Immigration and taxes are key to understanding whether a move to the UK is feasible and these rules can also change from time to time.…
29th November 2023
Immigration and taxes are key to understanding whether a move to the UK is viable, or indeed even possible. Immigration and tax rules change from…
22nd November 2023
Today the Chancellor announced the Autumn Statement and there are some milestone tax changes to be aware of. Overall, there is some good news for…
21st November 2023
As the UK’s Chancellor of the Exchequer prepares to announce tax cuts in his Autumn Statement this week, our tax experts outline five changes to…
10th November 2023
HW Fisher, a UK top 30 audit and advisory firm, announces Sam Dewes’ promotion to Partner to support the firm’s continued growth. As part of the…
3rd November 2023
From 13th November, businesses and agents must register for VAT online as part of HMRC’s Making Tax Digital strategy. In this article, Mike Block, VAT…
1st November 2023
Today is National Authors Day, an opportunity to celebrate talented writers across the country that have helped to shape our lives with the stories that…
30th October 2023
In the 2021-22 financial year, UK taxpayers paid a record £16.7bn in Capital Gains Tax (CGT) to HMRC, a tax on the profit when you…
24th October 2023
The deadline for individuals choosing to complete their self-assessment via post means you have until the 31st October (aka Halloween) for HMRC to receive all…
23rd October 2023
2023 marks the 90th year since HW Fisher’s foundation. I am so proud of where we are today with the knowledge that our future is…
16th October 2023
It has been a year since the increases in the Stamp Duty Land Tax (SDLT) thresholds for residential property took effect. As a result of…
16th October 2023
The Institute for Fiscal Studies estimated that the average cost of private school fees across the UK in 2022/2023 was £15,200. This marks an increase…
4th October 2023
Since April 2013 tax residency in the UK has been determined by a number of tests collectively known as the Statutory Residence Test (‘SRT’). Prior…
28th September 2023
The deadline for individuals to register themselves for Self-Assessment is October 5th. With only a week to go, Trusha Shah, Tax Manager at HW Fisher…
26th September 2023
When it comes to buying or selling a business, you want to know how much it is worth. There are three primary approaches used when…
21st September 2023
Today HMRC announced that it has collected £3.2 billion in Inheritance Tax (IHT) between April and August 2023, which represents a £0.3 billion year on…
13th September 2023
As a sportsperson, travelling the world and competing from different global locations is an exciting endeavour. If you’re a non-UK resident sportsperson, you should be…
12th September 2023
You might wonder why you would ever need to value your business, but the circumstances arise more often than you might think. Exit strategy/selling your…
7th September 2023
At our recent Higher Education Chair of Audit Committee Roundtable, we were fortunate to be joined by Nolan Smith from the Office for Students (OfS)…
6th September 2023
Buying a business is a big decision, whether it’s a first-time acquisition or part of an existing growth strategy. However, the journey from finding a…
30th August 2023
When someone offers to buy a business, they will usually value it based on an enterprise value, which assumes the acquisition will be on a…
25th August 2023
Leaving the UK to retire abroad? Perhaps sunny Marbella is on your bucket list or somewhere a little further afield? Whatever you decide, it is…
22nd August 2023
Data published by HMRC today reveals that Inheritance Tax (IHT) receipts for April 2023 to July 2023 totalled £270.2 billion, representing a £17.3 billion increase…
14th August 2023
If you are looking to sell your business, or to exit an existing investment, have you ever considered undertaking a financial health check? In our…
