Nicki Hutchinson joins Armstrong Watson Northallerton as Accounting Senior Manager

Nicki Hutchinson joins Armstrong Watson's Northallerton team as Accounting Senior Manager and will offer accountancy and tax advice to family and owner managed businesses.

Tracing a lost pension - Nearly £20 billion unclaimed money and growing

The Pensions Policy Institute found 800,000 lost pensions worth an estimated £9.7 billion and 1.6 million pensions pots worth £19.4 billion are still unclaimed.

Employees contribute higher pension payments

On 6 April 2019, the minimum level of auto-enrolment contributions increased to 8% of earnings, made up of at least 3% from employers and the balance from employees making workplace pension saving the default option.

7th August Making Tax Digital VAT Deadline is Looming

For many VAT registered businesses the 7^th of August will be the deadline for the first filing of VAT returns under the new Making Tax Digital (MTD) regime.

Building a Diverse Investment Portfolio

Time, patience and making informed decisions

Making sense of today's market headwinds and building a diverse portfolio should be key priorities for all investors. Whether you have a lump sum to invest or want to invest regularly each month, it’s important to know your money is working hard for you.

Growing your wealth is not something that happens automatically. It takes time, patience and making informed decisions. Whatever your long-term wealth priorities are, planning and successful investing of your wealth can help you get there.

Where next for Inheritance Tax?

The Office of Tax Simplification (OTS) has made several announcements around tax legislation which could adversely affect farmers and other rural businesses in the coming years.

Will Inheritance Tax be simplified?

The Office of Tax Simplification (OTS) recently published its second report on making Inheritance Tax (IHT) simpler to understand and have proposed a range of recommendations. _­

Are you paying unnecessary tax on your State Pension?

Half a million workers past pension age could be paying unnecessary tax on their state pension.

Market outcomes of a general election

Different prime minister, same problem.

At the time of writing, Theresa May’s successor in number 10 is unknown, yet what is known is that this country’s next leader will face the same daunting task of delivering a brexit policy that garners the support of the House of Commons.

The VAT domestic reverse charge for construction services

From 1 October 2020 there will be a significant change to how suppliers in the construction industry supply chain account for VAT. The changes will apply to businesses making or receiving specified services that are reported under the Construction Industry Scheme (CIS).

Why the Change?