Latest News

Does the size of your law firm matter?

Mark Baines, Legal Sector Manager reviews LexisNexis’ Is the Future Small? - the latest discussion paper in their Bellweather Report Series.

New Audit & Assurance Director joins our growing Glasgow Team

Martin Johnston joins Armstrong Watson's Glasgow team as Audit and Assurance Director from KPMG.

Digital transformation is changing business forever

As the digital revolution swiftly continues, here are some reasons why we all need to consider how well placed our own businesses are in these changing times:

The Magic of Deeds of Variation

A deed of variation is a tax efficient way for the beneficiary of an estate to redirect their inheritance to another person but must be prepares within two years of death

Understand your accounts and Cashflow

Lack of cash is usually the number one factor affecting a farming business not lack of profit.

An Added Value Audit

We have all heard many of the following phrases when discussing the requirement to have an audit:

‘We have to have one’

‘It’s just an overhead’

 ‘A necessary evil’

 ‘A box-ticking exercise’

But what if the audit process can really add ‘value’ to your business?

There are many ways in which an audit can really benefit you and your business, with just a few as follows:

VAT Pitfalls For Your Farming Business

When VAT was introduced in the 1970s it was described as a “simple tax”. For many farming businesses this may be the case, as all income is zero rated sales of crops and animals, which entitles all the VAT on related costs to be reclaimed.

However there are many instances where modern diversified businesses have VAT issues – either having to pay over VAT on some of their income or not being able to reclaim VAT on all their expenses.

Conservative Majority - Financial Markets' Reaction

Future Money Fund Manager, Richard Cole, provides his summary of the financial markets' reaction to last night's Conservative election victory:

Boris Johnson’s gamble to call a general election as a means to unlock the deadlock crippling the House of Commons has proven to be a success. Last night’s exit poll suggested a Conservative majority, with a haul of 368 seats, and with a couple of seats still to declare at the time of writing, the final result has come within a whisker of this level.

Managing your Agricultural Business in a Changing Environment

Managing your Agricultural Business in a Changing Environment with guest speakers Robert Craig of Peepy Farm Northumberland and Adam Day, Managing Director of The Farmer Network.

Chief Economist Provides Economic Insight at Business Leaders Lunch

Mark Berrisford-Smith, Head of Economics at HSBC captivated local business leaders at annual Business Lunch, Broughton Hall, Skipton.