Home

Latest News

By Armstrong Watson

11th November 2024

Armstrong Watson launches new Cyber Security Solutions service

Armstrong Watson, is proud to announce the launch of its new Cyber Security Solutions service. This innovative service is designed to help businesses navigate the complex landscape of cyber risk and enhance their cyber security measures.

Read this post

By Keith Johnston

8th November 2024

Furnished holiday let changes: options for FHL disposal

With the Furnished Holiday Let (FHL) regime set to be abolished from April 2025, and the detail of the changes and draft legislation now published, holiday lettings owners can look at their options. If you are planning to dispose of your furnished holiday let, you will need to consider various factors that will impact your tax liability.

Read this post

By Steve Williams

8th November 2024

No budget cheer for the not-for-profit sector

The impact of the Autumn Budget on the not-for-profit sector was mixed at best. While there were announcements of public sector funding increases in specific areas, such as social care, children’s services, and SEND, these increases are broad and won’t be available to ‘bank’ for many in the third sector just yet.

Read this post

By Dan Cozens

5th November 2024

Capital Gains Tax and Inheritance Tax on agricultural land and farms

Selling or transferring agricultural land and farms can have significant tax implications, particularly concerning Capital Gains Tax (CGT) and Inheritance Tax (IHT). Given the changes announced in the Autumn Budget 2024, it is important to consider the current rates and the implication of future increases.

Read this post

By Justin Rourke

5th November 2024

Don’t panic! Unpacking the 2024 Autumn Budget

There are two clear headlines for financial planners and our clients from the Autumn Budget - unused pensions are to become subject to Inheritance Tax, while Capital Gains Tax rates have increased and the ISA allowance was ignored. 

Read this post

By Keith Johnston

4th November 2024

10 pitfalls to avoid when applying Business Asset Rollover Relief

Business Asset Rollover Relief allows you to defer paying Capital Gains Tax (CGT) when selling land, buildings or fixed plant and machinery by purchasing a new qualifying asset. However, like many areas of tax, it is not that simple.

Read this post

By Keith Johnston

2nd November 2024

Furnished holiday letting tax incentives to end in 2025

Holiday let owners are set to lose favourable tax reliefs from April 2025 meaning all property income (FHLs and residential properties) will be treated the same.

Read this post

By Steve Williams

31st October 2024

Will my charity require an audit?

The new Labour Government has resurrected plans to increase the thresholds for company statutory audits but there is still no indication that any changes to the charitable sector levels are on the horizon.

Read this post

By Matthew Hutton

30th October 2024

Autumn Budget 2024: Impact on hospitality, leisure and tourism

The hospitality, retail and leisure sector has had a turbulent few years with increased costs and the post Covid boom cooling significantly in the past year; businesses would have been hoping from some good news from the Chancellor. 

Read this post

By Graham Poles

30th October 2024

Autumn Budget 2024: Capital taxes

The Chancellor delivered her long awaited first budget and with it has fundamentally changed the Inheritance Tax (IHT) reliefs that have existed for many years. As well as bringing more value into people’s estates through the inclusion of inherited pensions from April 2027, business and agricultural reliefs have also been reformed, making them less attractive.

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.