Home

Latest News

By Steve Williams

6th February 2025

Reflections on the 2024 Academy Reporting Season and Top Tips for 2025

Looking forward to the 2025 academy reporting season, there are a few key areas to consider that can improve the process and ensure compliance.

Read this post

By Philip Holdsworth

4th February 2025

Business Confidence in the UK energy sector falls for second quarter in a row

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.

Read this post

By Armstrong Watson

30th January 2025

Armstrong Watson urges Government to rethink IHT increase on farmers in new report

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.

Read this post

By Lindsey Cooper

22nd January 2025

Directors' responsibilities in times of financial distress: how to mitigate against personal liability

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.

Read this post

By Huw Nicholls

21st January 2025

SRA consultations – Armstrong Watson’s views on potential changes for client money, residual balances and interest

The SRA is consulting on proposed changes to the Accounts Rules that could limit the period a firm holds client money and potentially require all Accountants Reports to be submitted to the SRA. 

Read this post

By Brian Rudkin

15th January 2025

Law firm consultants: Employment status indicators and tax impacts

Determining whether a worker is employed or self-employed for tax purposes has long been a complex issue. The legal sector faces specific tax challenges and risks when engaging ex-partners and client-facing consultants.

Read this post

By Whitney Whitfield

14th January 2025

Preparing for a Members’ Voluntary Liquidation (MVL)

If you are a shareholder with more than £25,000 in a company and it has come to the end of its economic life, a Members’ Voluntary Liquidation (MVL) is a neat way of extracting the funds and ending the company’s filing requirements

Read this post

By Armstrong Watson

9th January 2025

Growing Corporate Finance team celebrates ‘outstanding’ year

Armstrong Watson’s Corporate Finance team has almost doubled in size and successfully completed deals worth a combined total of more than £55 million over the last 12 months.

Read this post

By Justin Rourke

8th January 2025

Does your life insurance increase your Inheritance Tax bill?

Life insurance has hit the headlines since the 2024 Autumn Budget as a possible antidote to the major changes proposed to Agricultural Property Relief, Business Property Relief and Inheritance Tax (IHT) on pensions.

Read this post

By Armstrong Watson

8th January 2025

An interview with… Gareth Milner, Managing Director of JM Glendinning Professional Risks

Andy Poole interviews Gareth Milner, Managing Director of JM Glendinning Professional Risks to explore his thoughts on the current PII market and the impacts of growing consolidation in the market.

Read this post

Enquiry Form

All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU 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 out audit work in the UK 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 James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

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 James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.