Latest News

Changes to Residential Property Sales

Changes to the way Capital Gains Tax (“CGT”) is collected will impact those with rental properties and second homes from April 2020.

Chris McCourt joins Armstrong Watson as Corporate Finance Partner

Armstrong Watson is delighted to announce that Chris McCourt has joined the firm as Corporate Finance Partner and takes up his position at its Newcastle offices.

Take action and reap the benefits of training seminars and events

Have you ever heard a great presentation or training seminar, been impressed by the quality of the insight or advice, but then been distracted from taking action in your own business?

During 2019, I’ve recommended a number of business seminars and events, in the knowledge that the speakers will be relevant for the clients in question. What has surprised me is the lack of action or knowledge sharing that has taken place subsequently.

Retirement Longevity

If you are in your 50s or 60s, your thoughts maybe turning towards retirement and raising questions such as when should you retire and how much money you’ll need.

In doing so, you face a problem. Because of longevity trends, on average we are living longer, so your wealth may have to provide you and your spouse or partner with an adequate income for 30 or even 40 years.

Client Focus - Matfen Hall Hotel, Northumberland

Sitting on the terrace of this historic hall with a gin and tonic, ice glinting in the late afternoon sun, surrounded by layers upon layers of rolling hills and rich honeyed meadows. You get the picture. This is bucolic charm at its very best. There is little wonder why couples choose this pastoral setting for their wedding day; nothing but the best for the bride and groom as they embark on the journey of married life.

New IR35 ‘Off Payroll’ Working Rules and HMRC Responsibilities Expected to Cause Contract Changes

From April 2020 medium and large businesses will be responsible for determining whether ‘workers’ (IR35) should be officially registered as ‘employees’ changing many workers’ contracts.

Download your free copy of INSIGHT - Autumn Issue is available now

Welcome to the Autumn issue of Insight, Armstrong Watson's Financial Planning and Wealth Managament quarterly magazine.

Issue 14 includes a range of topics covering all your financial planning, wealth management and tax needs. 

04 SMART INVESTING

05 PROTECTING WHAT MATTERS

06 GIVE A TRIPLE BOOST TO YOUR CHILDREN

08 MAKING INVESTMENT DECISIONS INTO OLD AGE

09 DEAL OR NO DEAL

10 ENGAGING WITH A TRUSTED ADVISER

11 YOU MAY BE RICH, BUT ARE YOU WEALTHY?

12 CLIENT FOCUS 14 CHARTERED STATUS

Pensions – Are you saving enough?

It’s estimated that one in four people in work do not pay into a pension, in addition to those who are self-employed and in the gig economy.

In ITV’s ‘Tonight Show’ (Thursday 9^th May) poll of 2,000 people, 60% of respondents did not know how much was in their pension pot and when asked how much you need in a personal pension pot to generate £9,000 a year when you retire, a figure of approximately £350,000 came as a big surprise to most people.

96% of small and medium sized businesses in the UK regularly experience commercial disputes

New research reveals ‘significant and detrimental’ impact of commercial disputes on SMEs

A little-known tax rule to help boost your children's pension

For those parents who have spare cash, putting money into their children’s pension will boost the retirement prospects of their offspring. The money will be topped up by the addition of tax relief and in future could also earn their children a tax refund if they become higher rate taxpayers, and reduce the penalty they face if they are a higher earner receiving child benefit. Under current rules, there is nothing to stop a parent making a contribution into the pension of an adult child.