Home

Latest News

By Justin Rourke

29th October 2025

Why business succession planning and asset diversification matter more than ever

Running a family business comes with a unique blend of opportunities and challenges; balancing legacy with innovation, and personal values with commercial goals. Yet, one area that often gets overlooked amid the day-to-day demands is long-term financial planning.

Read this post

By Huw Nicholls

23rd October 2025

The Law Society issues Practice Note on residual client balances 

The Law Society has published a practice note setting out the requirements and practical guidance for dealing with residual client balances. Here are the steps law firms can take to ensure compliance. 

Read this post

By Helen Robinson

16th October 2025

Staff Christmas parties and employee Christmas gifts

It’s almost the season to celebrate and give to those we value. From a business perspective, what are the best ways to reward staff at this time of year?

Read this post

By Huw Nicholls

24th September 2025

New guidance on law firm obligations to protect client money should a bank collapse  

Earlier this year, The Law Society published a Practice Note on protection for client accounts. This is relevant for all solicitors who deal with client funds.  

Read this post

By Jonathan York

18th September 2025

Key VAT considerations for expanding farming businesses

As the agricultural landscape evolves, many farming businesses are choosing to diversify by adding new activities alongside their core farming work. Here we will look at the VAT issues that should be considered as part of the planning. 
Read this post

By Adam Pattison

4th September 2025

Compulsory ID checks for UK company directors and PSCs: What you need to know

A major change is on the way for how documents are filed at Companies House, as directors and People with Significant Control (PSCs) will be required to provide personal identification.

Read this post
electric car being charged

By Philip Holdsworth

15th August 2025

The benefits of electric cars for limited companies in 2025

As the UK accelerates its transition to a greener future, with the increased focus on achieving Net Zero, limited companies have a unique opportunity to benefit from the shift to fully electric vehicles (EVs).

Read this post

By Richard Andrew

14th August 2025

Making Tax Digital changes for the self-employed and landlords

Small business owners across the UK need to prepare for a significant change that will affect how they report their earnings to HMRC.

Read this post

By Matthew Hutton

13th August 2025

Does a tourist tax help or hurt local tourism?

Recent months and years have seen more and more areas proposing to introduce a “tourism tax” on visitors. 

Read this post

By Gary Rowson

3rd July 2025

Inheritance Tax: Business Property Relief Important Changes

There has been much media attention on the impact of proposed Inheritance Tax (IHT) changes on the farming community but it is important to emphasise that these changes will affect not only farmers, but all businesses including sole traders, partnerships and companies.

Read this post

Enquiry Form

All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.

Armstrong Watson Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.