Articles & Insights (Index)

8th March 2022

How our partners are working to #BreakTheBias against women in the workplace

This International Women’s Day, we asked our partners how they’re working to break the bias for women in the workplace. From small changes to make…

16th February 2022

Building your own Grand Design? VAT implications you must be aware of

The DIY House Builders VAT scheme allows people who build their own homes to reclaim the VAT incurred on their building costs, but not professional…

27th January 2022

VAT Update from HW Fisher

In this month’s VAT Update Gerry Myton and Mike Block bring the latest updates from HMRC including the summary of responses from HMRC’s call to…

27th January 2022

Plastic Packaging Tax: What you need to know

A new tax, Plastic Packaging Tax (“PPT”), is being introduced in the UK with effect from 01 April 2022 aimed at reducing single use plastic…

21st January 2022

Hosting on Airbnb: tax tips on the house

The Airbnb market in the UK is booming. Before the pandemic there was over 223 thousand active listings on Airbnb in the UK. If you’re…

22nd December 2021

Property market 2022: changing tax legislation to be aware of

This year has been one of the busiest for the housing market in more than a decade. According to Zoopla, estimates show that there will…

21st December 2021

Making Disclosures to HMRC

HMRC believes that taxpayers want to pay the right amount of tax and wants to help those taxpayers that are not paying the correct amount…

14th December 2021

Tax Issues Affecting the Not-For-Profit Sector – HW Fisher Expert Webinar

We recently held a webinar on tax matters for Finance Directors and Finance Teams at Not for Profit organisations. Specifically we focussed on: • A…

13th December 2021

Opportunities and Challenges in 2022

As we enter 2022, we continue to adapt to the new reality that is emerging in the wake of the coronavirus pandemic. There are both…

13th December 2021

VAT Update from HW Fisher

In this month’s VAT Update Gerry Myton and Mike Block bring the latest updates from HMRC – including brief guidance on the Plastic Packaging Tax,…

8th December 2021

How Universities can maximise the revenues generated from their intellectual property (IP) and save expenditure on their contracts

Revenues – royalty audit A number of universities hold patents that secure their intellectual property rights, whether it be in the field of technology, pharmaceuticals…

30th November 2021

Thoughts from our HE Chair of Audit roundtable in 2021

At our November HE Chair of Audit Committee roundtable, we were very lucky to be joined by Karel Thomas, Executive Director of the British Universities…

30th November 2021

Making sense of Students’ Union regulation

There’s a recent Twitter meme where the bland trips that men would take if time travel was possible are pilloried. My own journey would be…

30th November 2021

Charity Trustees Virtual Meeting on Digital

At our October Charity Trustees virtual meeting, we were joined by Zoe Amar, a charity digital specialist who took our audience through the findings from…

29th November 2021

How to avoid late penalties when filing your tax returns

The online self-assessment deadline, is the 31st January 2022. However, HMRC has announced that they are waiving late penalties until the 28th February. But, this…

25th November 2021

Not for Profit sector – A month in review

In this month’s digest Carol Rudge provides an update on some of the top articles, reports, news, and events for Not for Profit (NFP) organisations.…

21st November 2021

All we want for Christmas is a tax-free party

With the festive season just around the corner, employers are looking to reward their staff following a year of hard work, whilst embracing the festivities.…

16th November 2021

VAT Update from HW Fisher

Despite the Chancellor’s Autumn 2021 statement proving to be very light on changes to the UK’s VAT system, we are glad to present the following…

15th November 2021

Electric Cars – how can you benefit from the OZEV Government grant scheme?

In February 2021, the UK Government announced an updated OZEV grant scheme that sees £50 million devoted to installing electric vehicle (EV) charge points at…

12th November 2021

Meet the Team: Andrew Rich, Managing Partner

Andrew Rich is the firm’s Managing Partner, working with the Leadership Team and Partners to help provide clients with the expert, personable advice that HW…

9th November 2021

COP26 – Driving profit and purpose

While the hype around COP26 could be seen as all noise and no action, there is a real opportunity to reflect and consider how we…

28th October 2021

Autumn Budget 2021 Summary

This was a Budget set against a backdrop of the national debt. According to the ONS, the UK Government gross debt was £2.2 trillion at…

25th October 2021

A message to the Chancellor: bring back British fighting spirit for businesses

The Autumn Budget is taking place on 27 October 2021 with Rishi Sunak setting out the Government’s spending and financial strategy. He is expected to…

22nd October 2021

Musicians Union – Case Study

We’re proud to work with some fantastic clients and we love to celebrate the brilliant work they are doing.  We spoke to the Musicians’ Union…

20th October 2021

The HMRC policy of ‘naming & shaming’

You may or may not be aware of this, but HMRC publishes the names of deliberate tax defaulters on their website. This is commonly referred…

19th October 2021

Recovery Loan Scheme: What you need to know

Update (29th October 2021): During the Autumn Budget 2021, the Chancellor announced that the Recovery Loan Scheme would be extended until 30 June 2022. From…

29th September 2021

Meet the team – Jamie Morrison

Jamie Morrison leads our tax team at HW Fisher, working in the UK and Asia with private clients, entrepreneurs and family offices. We asked Jamie…

29th September 2021

Meet the team – Toby Ryland

Toby Ryland leads the corporate tax and VAT division at HW Fisher. With over 20 years’ experience Toby works with a wide range of clients…

29th September 2021

VAT Update from HW Fisher

This month Gerry Myton and Mike Block bring the latest updates from HMRC – including their guidance on the VAT liability of COVID-19 testing services…

28th September 2021

New EU-commerce package for non-EU businesses – what do you need to know?

The EU introduced its e-commerce package on 01 July, including a new IOSS Registration for non-EU businesses. Who is affected? The IOSS allows non-EU businesses…

28th September 2021

National Insurance Tax Rise

Commenting on the recent hike to National Insurance announced this month by the Prime Minister, Tim Walford-Fitzgerald says “The imposition of a social care levy…

23rd September 2021

Business Strategy: Insights for Charities

‘Strategy’ is one of the most mis-used and grand sounding words in our business language.  After all, “What’s our strategy for dealing with this?” sounds…

23rd September 2021

Brexit: Tips and Recommendations for Charities

We are now nine months into the UK’s trading life outside the European Union (EU). Leaving the EU has resulted in some major changes particularly…

23rd September 2021

Why having a coach is a great privilege

I was inspired to train as a coach through having a truly inspirational coach myself. But before I talk more about that, I think it…

15th September 2021

How Residence is Defined and its Implications on Individual Income Tax in China and the UK: Q&A

By Jie Su and Maria Kotova Individual income tax (IIT) is a very important part of payroll management. In both China and the UK, the tax treatment for…

15th September 2021

The future of streaming – is it hitting the right note for artists?

The global recorded music market grew by 7.4% in 2020, the sixth consecutive year of growth according to IFPI, the organisation that represents the recorded…

9th September 2021

Not For Profit sector – A month in review

This month’s digest provides an update on some of the top articles, reports, news, and events for Not for Profit (NFP) organisations. Carol Rudge shares…

2nd September 2021

Money is good, love is wealth: Finance tips for influencers

Love Island, the British summer TV hit, has traditionally been an influencer accelerator for the contestants that enter the villa each year. As their social…

27th August 2021

Meet Harriet Swinson, ACA Audit Trainee at HW Fisher

Have you ever wondered what’s involved in an ACA Trainee scheme? Harriet Swinson, a trainee in our Audit team, explains why she chose this specific career…

24th August 2021

Will I face a furlough enquiry?

Are you one of the 1.3 million employers who claimed Coronavirus Job Retention Scheme (furlough) monies from HMRC from March 2020 as a result of…

19th August 2021

Meet the team – Gerry Myton

Gerry Myton leads our indirect taxation team and specialises in not only VAT, but also duty matters. He began his career with Her Majesty’s Customs…

19th August 2021

Get Ahead – VAT Update

In this monthly digest, Gerry Myton brings the latest updates from HMRC – including their recent business brief offering guidance on the repayment of VAT…

12th August 2021

Not for Profit sector – a month in review

It has been a busy month for the Not-for-Profit sector! This month’s digest highlights some exciting events hosted by the Charity Finance Group and the…

11th August 2021

How do you value music: 3 things you need to know

Revenues generated by the music industry peaked in 1999, mostly due to the physical CD market. In stark contrast, the industry reached an all-time low…

5th August 2021

M&A activity in 2021

Our Corporate Finance Team specialise in transaction services and corporate finance, dealing with all areas of transaction services, including vendor and purchaser due diligence, acting…

29th July 2021

COVID – working from paradise?

A few years ago, I was lucky enough to spend a fair amount of time on the beautiful island of Barbados.  So when the Barbados…

28th July 2021

Search Funds Q&A with Simon Webster

To gain more insight into the world of search funds, from someone who has been involved in search funds for many years and has experience…

23rd July 2021

Furnished Holiday Lets – Here is what you need to know

If you own and run a Furnished Holiday Let (“FHL”) now would be a good time to take stock of the key points and whether…

23rd July 2021

Brexit: Exports to private customers

by Gerry Myton, Partner – Head of Indirect Tax What changes are being made? Brexit has resulted in several major changes for UK businesses who are…

23rd July 2021

HMRC Revenue and Customs Brief 7 (2021): VAT on electric cars

HMRC have recently released a new brief which discusses HMRC’s policy on the VAT treatment of charging electric vehicles and an entitlement to recover VAT…

23rd July 2021

Basis Period Reform: Impacts for Partnerships and Sole Traders

The government has released a document outlining the current rules for basis periods and setting out a specific proposal to simplify them. The proposal affects…

22nd July 2021

Fifth SEISS: New rules for the self-employed on the way – all you need to know

The Self-Employment Income Support Scheme (SEISS) grant has helped millions of self-employed people across the UK whose business and income has been affected by the…

13th July 2021

Making change happen on the road to gender equality

Since its launch, the WealthiHer Network has made significant progress in supporting women’s economic advancement by equipping them with the knowledge they need to prosper…

9th July 2021

Corporate Establishment Process for Businesses in China

The establishment process varies based on one’s chosen investment structure and planned business scope. For example, setting up a manufacturing FIE requires an environmental evaluation to be…

9th July 2021

Company Holding Structure for Businesses in China

Does it make sense to use a Holding Company? Many companies choose to establish holding companies, or “special purpose vehicles”, in jurisdictions, such as Hong…

9th July 2021

Choosing a Location to Set Up Your Business in China

Choosing a location is one of the first decisions that British companies must make when entering a new market. Location and a strategic site selection…

9th July 2021

Pre-Establishment Considerations for British Investors Setting Up in China

With an increase in the number of establishments in China from UK companies, it is highly advisable to seek professional assistance to guide British Investors…

9th July 2021

Meet the Team – Andrew Subramaniam

Andrew brings over 30 years’ experience working with many best-selling authors and household names in the media world, as well as talented creatives in the…

7th July 2021

Turning challenges into opportunity: VOCES8 Foundation

The Show Must Go On: Supporting Artists and Creating a Worldwide Arts Community through Digital Innovation Partner: Andrew Rich Client: VOCES8 Foundation In three sentences, what…

5th July 2021

In memory of Paul Beber

We at HW Fisher are very sad to announce the untimely death of a much admired and respected former partner, Paul Beber, who worked with…

23rd June 2021

IR35: 10 Things you need to know

If you are a business who engages with contractors or you are a worker who uses a personal service company, you may have heard about…

23rd June 2021

Life after “EU” – an update on global mobility and social security post-breakup

In addition to the wrangling and ongoing negotiations as part of one of the biggest breakups in history, navigating the new rules as part of…

23rd June 2021

What is a search fund and why are they becoming more popular?

A Search Fund is specialist vehicle in which investors back a promising individual (entrepreneur) rather than an existing start-up team. Often these entrepreneurs, or searchers,…

17th June 2021

Latest on the VAT Payments Holiday – all you need know

To support businesses during the COVID-19 pandemic, the UK Government announced temporary changes to the VAT system. Many organisations took advantage of the VAT payment…

17th June 2021

The Chancellor set to reject furlough extension despite Freedom Day delay

Speaking on the Chancellor’s proposed plan to reject calls for an extension of the furlough scheme, Simon Michaels says “The Chancellor finds himself in the…

8th June 2021

Brexit update: six months on

by Gerry Myton, Consultant The impact of the UK leaving the European Union (EU)  on VAT and Customs remains profound. The below highlights some of the…

8th June 2021

Brexit changes: Understanding the Northern Ireland Protocol

by Gerry Myton, Consultant Since the UK left the European Union (EU) there have been some changes to VAT and Customs rules for businesses trading…

28th May 2021

Understanding tax on cryptoassets

by Daniel Tomassen, Manager – Private Client Department Cryptoassets are private digital assets that use cryptography and are designed to work as a medium of…

28th May 2021

The latest Supreme Court ruling you need to know about

You may have seen some publicity recently following the Supreme Court judgement in HMRC v Tooth, 2021 What happened? In summary, the taxpayer (Raymond Tooth)…

26th May 2021

Life gifts: when is a gift not a gift?

The harsh reality of the Covid-19 pandemic has driven many people to start making plans for the future, and think carefully about  how they want…

26th May 2021

Writing business: What authors need to know when setting up a company

Many authors operate through limited companies but are they always necessary and beneficial? Here we take a look at the latest tax implications, to help…

26th May 2021

HW Fisher LLP advises MH Direkt on UK e-commerce acquisition

MH Direkt, an Austrian owned e-commerce fulfilment business, has made its most recent e-commerce acquisition in the UK, acquiring Firebox.com, an online retailer of unusual…

25th May 2021

Deadline reminder: all you need to know about SEISS 4

The Self-Employment Income Support Scheme (SEISS) grant has helped millions of self-employed people across the UK whose business and income has been affected by the…

24th May 2021

Authors, literary agents and VAT: a quick guide

Establishing when to apply VAT to a transaction, and at what rate, can be a common area of confusion, particularly when international elements are involved.

14th May 2021

HW Fisher joins WealthiHer Network

HW Fisher, a top 30 audit and advisory firm, has joined the WealthiHer Network as its latest partner. Founded in 2019 the Network is an…

14th May 2021

A Day in the Life of Caitlin Dolan, Trainee Tax Adviser at HW Fisher

What does a day in the life of a trainee tax adviser look like? Caitlin Dolan is a trainee in our Private Client department and…

14th May 2021

Introducing Stevie Heafford, Tax Partner

Stevie recently joined our tax team and brings a wide range of tax experience, including in trusts and estates, personal and corporate tax matters .…

5th May 2021

HW Fisher announces four Partner appointments

HW Fisher, the top 30 audit and advisory firm has today announced the hire of four external Partners as it continues its recruitment drive to…

29th April 2021

Introducing Carol Rudge, Head of Not for Profit

Carol brings over two decades experience in charities and not-for-profit, she is a member of the Charity Commission’s SORP committee and has worked with many…

29th April 2021

The road to zero – are electric cars really leading the charge?

A decision many people postponed during the pandemic was buying a new car. Registrations for new cars fell to their lowest in almost 30 years…

28th April 2021

HW Fisher LLP advises Storskogen on debut UK acquisition

Storskogen, a Swedish privately owned company, has made its first acquisition in the UK, acquiring SGS Engineering – the leading e-commerce retailer of power tools…

22nd April 2021

Earth Day – Driving profit and purpose

While the hype around Earth Day could be seen as all noise and no action, there is a real opportunity to reflect and consider how…

21st April 2021

Ashtrom Properties UK’s £82 Million Acquisition Of No. 8 First Street

Ashtrom Properties UK acquired No. 8 First Street, a prime office development in Manchester – one of the largest single-asset transactions in Manchester for several years.…

20th April 2021

Bouncing back… at what cost?

Over 1.4 million businesses took out a Bounce Back Loan last year. The scheme, which closed to applications on 31 March 2021, was heralded as a lifeline to…

7th April 2021

HW Fisher appoints Carol Rudge as Head of Not for Profit

HW Fisher, the top 30 audit and advisory firm has bolstered its specialist Not for Profit team with the appointment of Carol Rudge as Head…

29th March 2021

Q&A with Muneeza Baig, Audit Partner

Muneeza Baig works with a range of clients across a variety of sectors, from grant making, membership, independent schools, arts, disability and religious organisations. Joining…

29th March 2021

The power of allyship – getting it wrong, learning from mistakes, and making change happen

Before we dive into this topic, we have to define what we mean by allyship – here is a formal definition: Allyship – the practice…

26th March 2021

Tax Day – what do you need to know

This week, the Government published more than 30 tax updates, consultations and documents in a move designed to strengthen policy making and modernise the UK’s…

18th March 2021

Insights to thrive in 2021 from leading business advisers: A conversation with Linda Plant and Simon Michaels

Linda Plant is well-known for her no-nonsense business counsel on BBC’s The Apprentice, as one of Lord Sugar’s trusted advisors in the interview stage. With…

9th March 2021

Celebrating International Women’s Day at HW Fisher

International Women’s Day is a global day celebrating the social, economic, cultural and political achievements of women, and also marks a call to action for…

3rd March 2021

Today’s budget: a short term recovery plan, but more detail to come… [UPDATED]

This Government has grappled with the largest deficit since World War Two and the need for a clear Covid recovery plan in this Budget. It…

2nd March 2021

HW Fisher announces four Partner promotions

HW Fisher, the top 30 audit and advisory firm has today announced the promotion of four new Partners to bolster its partnership team. As of…

23rd February 2021

March budget 2021 – how do you solve a problem like a £400bn deficit?

HW Fisher’s wishlist for the March 2021 Budget March 3rd will be the first post-Brexit Budget, but for obvious reasons, this fact has almost been…

18th February 2021

Q&A with Jie Su, Assistant Private Client Manager

Jie Su looks after a varied portfolio of clients in different sectors including authors and retail businesses. Originally from China, she settled in the UK…

5th February 2021

5 reasons why you should undertake a royalty audit

Head of Music Royalty Audits Robert Fowler discusses the complexities of royalty accounting and why a royalty audit could unlock additional revenue. Anyone that has…

29th January 2021

Q&A with Rafi Saville, Forensic Partner

Rafi Saville joined HW Fisher 24 years ago. He quickly rose through the ranks, becoming a partner after only 8 years and now leads the…

29th January 2021

Business Interruption Insurance: what does the Supreme Court’s judgment mean for businesses?

The landmark Business Interruption Insurance court case came to an end this month as the Supreme Court ruled in favour of small businesses forced to…

27th January 2021

No self-assessment late filing penalty for those who file online by 28 February

HMRC has this week announced there will be no late filing penalty for those who file their self-assessment tax returns online by 28 February, removing…

27th January 2021

New year, new finances – 3 reminders for authors going into 2021

It’s a new year and a renewed opportunity to catch up on your finances and ensure you are benefiting from all avenues of income open…