Pre-Brexit Budget Predictions

The Chancellor of the Exchequer Philip Hammond will deliver his Budget on 29th October 2018, the last one before Brexit finally happens (on 29th March 2019 at 11pm to be exact – “closing time” in more ways than one!).

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The Importance of Making Tax Digital Training and a Rigorous Changeover Process

Making Tax Digital (MTD) will, for many businesses, require the implementation of new software and systems.  This can seem daunting and many such endeavours find themselves doomed to failure due to a number of common mistakes.  Avoid these pitfalls though and changing systems can bring efficienci

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Prepare for Making Tax Digital and Cut Your Bookkeeping Time

Making Tax Digital for VAT comes into force from April 2019 and will bring significant changes to the way businesses are required to record transactions for VAT. 

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Who Does 'Making Tax Digital' Apply to?

What is Making Tax Digital (MTD)?

Making Tax Digital requires VAT registered businesses with a taxable turnover above the VAT registration threshold (currently £85,000) to keep their records in digital form and to file their VAT returns using software.

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The benefits of Making Tax Digital for businesses

Making Tax Digital begins in April 2019 and many businesses will have to fundamentally change the way they maintain their financial records. The days of keeping manual records - or a vast array of spreadsheets - are disappearing.

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Successful six months in new refurbished Glasgow office

To mark a successful six months since acquisition, Armstrong Watson Accountants, Business and Financial Advisers presented their newly refurbished Blythswood Square office to clients and business partners at a special Gin Tasting experience on Thursday 4th October.

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The End is Nigh for Shoe Box Accounting

Throwing all your invoices, receipts, statements and paperwork into a shoe box (or worse still, a carrier bag!) has been the accounting system of choice for many small businesses, for many years.

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Armstrong Watson Ranked as 28th Top UK Accountancy Firm

We are very proud to announce that we have been ranked in 28th position in a list of the top 100 accountancy firms in the UK.

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Jim Meakin joins Armstrong Watson as Head of Tax

Armstrong Watson LLP, Accountants, Business and Financial Advisers are delighted to announce that Jim Meakin has joined the firm as Tax Partner and taken on the role of Head of Tax across the firm’s 16 offices.

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Making Tax Digital - are you ready for the digital switchover?

In 2008 Cumbria was the first region in the whole of the UK to move over from analogue to our now familiar digital terrestrial TV network.  Ahead of the switch, a massive advertising campaign ensued and the great ‘digital switchover’ led to the biggest change to TV viewing in history.

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Deal or No Deal - Brexit VAT Guidance

The Government yesterday offered clarification to UK businesses that supply and receive goods to or from other jurisdictions, applicable to the (increasingly likely?) position where the UK leaves the EU in a "no deal" scenario.

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Celebrating 4 Years of Platinum Partnership with Xero

Armstrong Watson are celebrating four years as a Xero Platinum Partner and the first anniversary of their making business digital client conversion project.

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Latest news

The sales process when selling your law firm

I was interviewed recently by Law Firm Ambition about my views on the most common questions I see around selling a law firm. Below I answer questions around the sales process and negotiation when sel

UK Manufacturing – is Intention Disconnected from Action?

Innovation should be at the top of every manufacturing leaders agenda, to maximize opportunities and guard against the risk presented by a lack of innovation. According to the NatWest report, only 15% of companies put innovation at the top of the agenda, while 54% say a lack of innovation is a significant challenge that is dampening their ability to succeed.

Considering selling your business?

The sale of your business can be an opportunity to fully realise the value of your lifetime’s investment.

As summer comes to a close, don’t let this winter be one of discontent

Autumn is a perfect time to take stock of your financial affairs, whether you’re an individual keen to prepare for the future or a business looking to grow, it’s important to have plans in place.