Latest News

Grant funding to help identify your business’s cyber risks

Businesses in Cumbria have the opportunity to access funding that could help enhance their operations and security.

Turning 75 and the impact on tax-free cash, pension tax relief and death benefits

This age represents a significant juncture in pension legislation that affects several aspects of your retirement planning, including how your pension is managed and the tax implications associated with it.

Protect your law firm’s people 

By implementing measures such as key person insurance, shareholder agreements, and relevant life policies, you can secure your law firm’s operations, protect stakeholders, and maintain business stability and growth.

Rethinking passwords on World Password Day

World Password Day highlights the need to move beyond traditional passwords, which are often weak and vulnerable to attacks. Embracing passwordless authentication, using multi-factor authentication, and adopting secure practices like password managers and user training are key steps to strengthening digital security.

Furnished holiday letting – changes to tax

From the 6 April 2025, the tax treatment of Furnished Holiday Lets (FHL) changed. Income from these properties is now treated the same as other residential lets.

This is expected to impact 127,000 holiday let owners across the country.

An interview with.... Martyn Kendrick, Lloyds Banking Group's UK Head of Legal and Professional Services

Andy Poole interviews Martyn Kendrick, UK Head of Legal and Professional Services at Lloyds Banking Group, to explore his thoughts on the current financial performance of law firms and partner capital funding.

Package of tax measures aimed at simplifying our tax system, but what does it mean for taxpayers?

The Government has announced a package of measures that will impact businesses and individuals across the UK. The various changes will apply to different sized businesses and their operations and it is important to understand the impact they will have.

Armstrong Watson embraces generative AI to enhance services and productivity

Recognising the potential of generative AI to help with tasks like report writing, data analysis, crafting presentations, and generating insights, we wanted to ensure that our teams were on the journey as soon as possible to integrate it in our working practices a step at a time. 

Is your business compliant with new workplace recycling changes?

With businesses focused on accounting for recent employment tax changes, many may be unaware of the introduction of new workplace recycling rules, which came into effect at the end of March.

Updates to Making Tax Digital for Income Tax

The Chancellor Rachel Reeves included updates within the Spring Statement to Making Tax Digital (MTD) for Income Tax, expanding its reach to include a wider range of small businesses.