There are various tax issues that arise in relation to transactions between landlords and farm tenants, and the Inheritance Tax (IHT) changes announced in the 2024 Autumn Budget will bring huge challenges for both parties.
Armstrong Watson's latest survey finds almost two-thirds of businesses are pessimistic about the overall economic outlook for 2025 and nearly 90% expect the changes announced in the 2024 Autumn Budget to impact their business adversely.
Business confidence in Scotland dipped marginally in the last quarter, while nationally it plummeted, leaving Scotland the most confident region in the UK, according to the latest data from the Institute of Chartered Accountants in England and Wales (ICAEW).
At Armstrong Watson, we are strong advocates of the apprenticeship scheme as we believe not only does this provide individuals with the valuable skills and experience they need for a successful career - it provides businesses with brilliant people.
Armstrong Watson is proud to mark National Apprenticeship Week 2025 by celebrating the success of its trainees and the considerable difference they make to the business.
The UK energy sector experienced a notable decline in business confidence in the final quarter of 2024, reflecting both broader economic challenges and sector-specific issues.
Armstrong Watson is among a group of accounting firms across England and Scotland who have raised concerns about the wider impact of Rachel Reeves’ proposals to cap Inheritance Tax (IHT) reliefs for agricultural and business property.
When a company faces financial distress or the possibility of insolvency, the responsibilities of its directors shift significantly. The greater the company’s financial difficulties the more priority directors should give to creditors’ interests over that of the shareholders.