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By Brian Rudkin

2nd July 2024

4 tax saving tips for employees

It can be easy to overlook tax opportunities that can save you money, but here are four little-known tax rules/reliefs that you may be able to take advantage of.

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By Benjamin Walsh

29th June 2024

Audit your NHS pension to identify costly errors

The prevalence of errors in NHS pension records is a pressing issue, with reports of nearly 20% of records containing mistakes. These errors can lead to significant financial consequences, from incorrect annual allowance tax charges to discrepancies in accrued pension benefits.

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By Graham Poles

26th June 2024

3 important tax tips for university students and their parents

Income Tax on student earnings, funding your children through university or purchasing a student house are three tax planning points of which you should be aware if your children are heading off to university or already undertaking their studies. 

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By Armstrong Watson

28th May 2024

Family Business Report 2024: Could salary sacrifice help your recruitment challenges?

Armstrong Watson's latest survey found more than a third of businesses find it ‘very difficult to recruit’. Offering salary sacrifice opportunities is one of several ways many businesses can incentivise their current and prospective workforce.

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By Armstrong Watson

30th April 2024

Armstrong Watson acquires Gibbons Accountants, Business & Financial Advisers

Armstrong Watson has further strengthened its aim to be the ‘go to’ accountancy firm for family and owner-managed businesses across the North of England following the acquisition of successful, long-standing West Cumbrian practice Gibbons Accountants, Business and Financial Advisers.

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By Andy Poole

25th April 2024

Planning for Managing Partner Succession: A Key to Business Continuity

Whether you are a national law practice or a small local firm, one of the key decisions that must be made will be the succession of the managing partner. It is 100% certain that this will happen at some point if the firm is to continue … it’s just a matter of when and to whom!

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Child Benefit Cuts

By Armstrong Watson

26th March 2024

The Child Benefit trap and how to avoid it

If either you or your partner has an income of more than £60,000 a year before tax then you’ll have to pay back some (or all) of your Child Benefit in the form of extra Income Tax. 

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By Armstrong Watson

14th March 2024

Maximising your State Pension and increasing retirement income

Private pension income is crucial in supporting your goals in retirement, however, equally so is the State Pension.

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By Stuart Smith

14th March 2024

How can you ensure your beneficiaries receive the maximum benefit from your pension?

Funds held in a pension are not included in valuing your estate. If IHT applies to your estate, your pension funds aren’t included and therefore won’t be subject to a 40% tax.However, as with many aspects of financial planning, it isn’t always this straightforward. 

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By Graham Poles

6th March 2024

Spring Budget 2024: What does it mean for individuals

The Chancellor indicated that the two-tier tax system for employees, with both National Insurance Contributions (NIC) and income taxes affecting the take home pay for 28 million workers across the country, was not something he felt was fair, as other forms of income are taxed to just income tax.

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