Latest News

New ‘Off Payroll Working Rules’ and HMRC responsibilities

IR35 is a piece of legislation originally introduced in 2000 to ensure those individuals hired by a business, who would ordinarily be deemed ‘employees’ - if they had been engaged directly - broadly pay the same amount of tax and National Insurance as employees.  Businesses for many years have always been obliged to undertake the ‘self-employment v employed’ test but IR35 specifically fell on the individual (worker) who provided their services through an intermediary (e.g. through another a company) to another person or entity. 

Chartered Financial Planning team with a wealth of knowledge and experience

Armstrong Watson Financial Planning and Wealth Management are one of  a very select number of firms who hold the coveted Chartered status showing a mark of trust, capability and professionalism.

Protecting the value of your money

The rate of inflation is important as it can impact your investments and to avoid losing value your savings and investments, inflation needs to grow at the same rate as prices are rising.

Armstrong Watson Takes on Record Number of New Trainees

Armstrong Watson Accountants, Business and Financial Advisers has taken on a record number of new starters, with the appointment of 11 chartered accountancy trainees and 20 trainees studying AAT/ATT across 5 of the firms offices in Glasgow, Carlisle, Northallerton, Skipton and Leeds.

10 reasons to make a will

What do Abraham Lincoln, Howard Hughes, Pablo Picasso and Jimi Hendrix all have in common? Apart from being famous, they all died without making a will. However it’s not just the rich and famous that don’t get around to making a will. Recent research indicates that more than 50% of UK adults don’t have a will. I often remind clients to make or update their will to ensure that their estate is left to the people they want it to go to. This is advice which cannot be repeated too often.

Here are ten good reasons to make a valid will:

Self Assessment – Time to get your tax affairs in order

As the summer holidays draw to a close and with a definite feel of Autumn in the air, it’s a clear reminder to all accountants that our busiest season is rapidly approaching. If you are within the Self Assessment system under which individuals are required to self-assess their tax liability in a tax return there are a few deadlines to consider.

UK Tax Implications post Brexit

Jim Meakin discusses the tax implications for UK businesses following Brexit on 31st October 2019.

Do your numbers add up?

Looking at tax-efficient ways for parents and grandparents to help fund their next generation including ISA and Investments Accounts.

IR35 Reforms or Changes to Off Payroll Working Rules Coming into Play from April 2020

Changes to IR35 Off Payroll Working Rules for the private sector come into force from April 2020.

Keeping the UK Paid

It’s the 21^st anniversary of National Payroll Week and the theme again this year is ‘Keeping the UK Paid’.  With payroll getting more and more complex this is no easy feat, especially with some of the changes due to come into effect over the next few months - which will have an impact on a wide range of businesses.