The number of people paying higher rate is rising sharply. If that’s you, then independent financial advice could be more important and valuable now than ever.
The Fifth EU Money Laundering Directive, commonly known as 5MLD, which took effect for trusts from 6 October 2020, then extended this requirement to now apply to the vast majority of trusts (even non-taxable trusts), unless specifically excluded.
Whilst the support for Business was less apparent during Rishi Sunak’s Spring Statement, the focus was on consultation over the summer with a view to cutting taxes and encouraging investment for business in the Autumn.
The Chancellor confirmed that from 6th July he will raise the NIC threshold for employees and the self-employed, so that it matches the £12,570 income tax personal allowance, which will help many taxpayers who are currently facing a cost-of-living squeeze.
Armstrong Watson has strengthened its aim to be the 'go to' accountancy firm for family and owner-managed businesses across the north now that it has acquired another successful, long-standing North East practice.
Hexham-based accountancy firm Patricia J Arnold & Co has found the perfect match in Armstrong Watson as a business that will continue to provide a personalised service for its clients.
We're delighted with our continued growth in Newcastle resulting in the expansion from our original Quayside base to a larger office in Newcastle’s City Quadrant.
Over 350 business owners in the UK hospitality sector participated in our latest survey, with worrying results showing that 37% of business owners are considering closure or selling their business.