SRA Accounts Rules compliance: Impact of New Rules

Legal Sector Director, Rosy Rourke, answers the most common questions around SRA Accounts Rules complaince, particularly around how the new rules may have an impact on such things as accounting processes and the definition of client money.

Spring Statement - Predictions and Hopes

Spring Statement predictions and hopes... 

New Welsh Rate of Income Tax

With devolution comes different rates and ways of operating the tax system for our employees. However, unlike Scotland (SRIT) the Welsh Government only have powers to amend the rates of Income Tax and not the thresholds. The new powers come into force from 6 April 2019 but thankfully for the 2019/20 tax year, the rates will remain i.e. 20%, 40% and 45% as per the rest of the UK.  

Self-Employed Finances

A recent study found that more than 43% of business owners do not have a pension, compared to just 4% of those in employment and 36% of these say they cannot afford to save for retirement.

Tech, Talent and Trade for Manufacturers

Learn about manufacturing trends, challenges and opportunities, including R&D Tax Credits and Capital Alllowances at 3MB Innovation Centre Huddersfield.

Chartered Financial Planner ranked as one of top Financial Advisers in UK

We're proud to announce that Matthew Slessor, Chartered Financial Planner, has received national recognition after being listed the Times newspaper’s VouchedFor ‘2019 Guide to the UK’s Top Rated Financial Advisers’.

Matthew is a member of Armstrong Watson’s independent Financial Planning and Wealth Management team and is the only Chartered Financial Planner from Carlisle to be listed in this year’s guide. He joins an elite list of the highest rated financial and mortgage advisers in the UK based on positive client reviews.

Meet our entrepreneurial clients Bruce and Luke

Clients Bruce Brown and Luke Jackson are an entrepreneurial duo from Carlisle whose self-named brand ‘Bruce and Luke’s’ includes Foxes Café, Coffee Genius, Bruce and Luke's Donuts and also their coffee supply and mainentance service.

What does the 2019/2020 tax year look like for payroll?

Payslips – New Legislation

New payslip legislation will come into force from April 2019.  The legislation will require all employers to provide a payslip to all ‘workers’ and to show hours on payslips where their pay varies by the amount of time worked. 

Inflation Matters

Impact of rising prices on investments

A pound saved is a pound earned. But thanks to inflation, over time, the value of the pound saved could be much less than when it was earned. One cannot ignore the corrosive impact of rising prices on investments. Investors can easily fail to prepare for the risk of inflation eroding the purchasing power of money, especially in a low-inflation environment. Therefore, it is wise for portfolios to include assets that help offset the effects of inflation.

SRA Accounts Rules compliance: Banking Facilities and Residual Balances

Legal Sector Director, Rosy Rourke, answers the most common questions around SRA Accounts Rules complaince, particularly around residual client balances and rules on providing banking facilities.