Latest News

Will my charity require an audit?

New legislation to increase the thresholds for company statutory audits has now been published by the Government but there are no changes to charity thresholds.

How will Capital Gains Tax changes impact farm businesses?

While the 2024 Autumn Budget contained the bombshell announcement on Inheritance Tax (IHT), which has dominated the news agenda since, there were other announcements that will impact farmers, including increased Capital Gains Tax (CGT) rates.

Protect your business from growing threat of cybercrime in 2025

Both small and large organisations are vulnerable to cyber-attacks, which can lead to financial losses, reputational damage, and legal repercussions and in today’s digital world, cyber security is no longer a luxury—it's a necessity.

Audit reforms confirmed for 2025: What does this mean for your business?

The Government has published new legislation to increase company size thresholds, which determine whether a company requires a statutory audit, by 50% from 6 April 2025. As a result, for an estimated 132,000 businesses their audit will no longer be compulsory.

Should I set up a charitable trust?

If you’d like to help causes close to your heart, setting up a charitable trust could be an effective way of managing your estate for the benefit of others. A charitable trust can be set up to make donations during your lifetime and as part of your inheritance when you die.

Initial considerations for law firm closure, sale or merger

When closing down a law firm, due to a sale or merger, preparations will need to be considered for staff transition, closure notifications and post-closure operations. 

5 tips to teach your children about money matters

Here are 5 tips for parents and grandparents to help their children and grandchildren learn about money and how to save.

Kitchen Rivals presents unique insight into hospitality business for sector lead

Armstrong Watson's Matt Hutton works closely with many hospitality businesses but was given a unique insight into the sector when he took part in the Kitchen Rivals charity event in Cumbria. 

Six tips for a successful business expansion in 2025

Every business looking to expand needs to have a detailed vision of what it wants to achieve – whether this is expanding into new markets, attracting new customers, developing new products or services, or acquiring another business.

To do this successfully there are a few things to consider:

Law firm 2023/2024 benchmarking review provides encouraging insights

Legal Sector Manager Victoria Lovell looks at the key findings from our 2023/2024 law firm benchmarking review, including fee income averages, net profit, people and overheads.