The benefits of Making Tax Digital for business, using a cloud based accounting system like Xero include saving time and reducing errors, ability to access your financial information in real time, anytime and from any device.
A recent landmark ruling by the Supreme Court has put pressure on the Government to review the rules around inheritance and tax rules for co-habiting couples and extending civil partnerships to heterosexual couples.
The Court reversed a Court of Appeal decision for a mother, Siobhan McLaughlin, who was previously denied the Bereavement Support Payment when her partner died, as they were not married.
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.
The event celebrated an ambitious expansion for the firm in the city, following the acquisition of the former Haines Watts practice in February, and also highlighted Armstrong Watson’s continued investment in their Glasgow operation.
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.
In the run up to any Budget we usually see speculation, forecasts and expectations, but it’s not until the actual day of the delivery speech that we see what will really transpire.
This year’s budget will take place on 29 October which is unusual to say the least. First, it’s taking place on a Monday (it’s usually on a Wednesday) and secondly, it has been brought forward, due to final Brexit discussions scheduled in November.
The sale of your business can be an opportunity to fully realise the value of your lifetime’s investment. A chance to redress the balance and reap some of the rewards for the sleepless nights, long working days, missed family occasions and the many other sacrifices you’ve undoubtedly made on this roller-coaster journey called entrepreneurship.
Success in a business can be measured in a myriad of ways and is often heavily dependent on who runs the business, but It is likely that success will present itself in one or more of the following ways:
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.
Over the coming weeks, we’ll be looking at some key financial issues, from topics surrounding pensions and ensuring your money is protected and ready to grow, through to preparing your business for impending new legislation such as Making Tax Digital and tighter HMRC restrictions.
Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.
Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is 15 Victoria Place, Carlisle, CA1 1EW.
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is 15 Victoria Place, Carlisle, CA1 1EW. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited.
The value of investments and the income from them can fall as well as rise. You may get back less than you originally invested. Past performance is not a reliable indicator of future results.
Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is 15 Victoria Place, Carlisle, CA1 1EW.