Articles & Insights



2nd August 2022

Money is good, love is wealth: Finance tips for influencers

Monday night’s Love Island finale introduces a host of new influencers to the social scene – Here’s what they need to know about managing their…

28th July 2022

National Insurance payments have changed – 5 things you need to know

In April, National Insurance (NI) endured an increase of 1.25% – from 12% to 13.25%. This decision was partly made to ensure that enough money…

28th July 2022

No gain/ No loss: divorce rule changes

Divorcing couples are now given more time to transfer assets under “No Gain/ No Loss” rules The Government have recently announced proposals to change the…

28th July 2022

Cost of living crisis: 3 alternative options to a pay rise

Cost of living crisis: 3 alternative options to a pay rise Rising inflation in the UK is creating a situation in which the cost of…

27th July 2022

The impacts of rising inflation: the effect on financial statements

Financial statements look at historical information, thus rising inflation can quickly make the information contained in them increasingly irrelevant. It is, therefore, even more important…

26th July 2022

Calling all property investors – lessons learnt from the Haymarket Media Group Limited v HMRC [2022] case

Calling all property investors – lessons learnt from the Haymarket Media Group Limited v HMRC [2022] case Calling all property investors/developers – the recent First…

26th July 2022

The second ‘payments on account’ deadline is this week – What self-employed taxpayers need to know

The second ‘payments on account’ deadline is this week – What self-employed taxpayers need to know London, 26th July 2022 – The second ‘payments on…

12th July 2022

Top reasons to invest in the UK

Top reasons to invest in the UK According to the World Bank’s “Doing Business Guide 2020”, the UK ranked number 8 globally for the ease…

5th July 2022

Charity VAT Alert: Update to business v’s non business activities for VAT purposes

On 1 June 2022, HMRC published Revenue and Customs Brief 10 (2022) outlining their change of policy when determining whether an activity is a business…

30th June 2022

Changes to National Insurance Contributions – will you be better off?

National insurance (NI) is a tax which contributes towards benefits and pensions, covering everything from job seekers allowance to maternity leave payments. The amount you pay depends upon…

30th June 2022

Developing a coaching culture in the workplace

First published in Charities Management on June 28th 2022   “We know that truly diverse organisations have increased innovation and they have higher levels of retention. We…

30th June 2022

Powering the UK: HW Fisher calls on the Government to do more to maintain the UK as an attractive place for international investment

Inward investment makes a significant contribution to the UK economy – beyond job creation and wages through to productivity gains and fostering innovation, research and…

30th June 2022

Celebrating the UK’s first Social Mobility Awareness Day

First published in Accountancy Today on June 24th 2022   Last week saw the UK’s first Social Mobility Awareness Day, a day designed to improve…

22nd June 2022

Not For Profit Sector: Month in Review

Carol Rudge, Partner & Head of Not for Profit (NFP) at HW Fisher, provides an update on some of the top reports, news, and events…

31st May 2022

Meet the team – Tanya Craft

Tanya Craft has recently been promoted to Director, Corporate Finance. Tanya first joined HW Fisher’s audit department back in 2011 as part of a three-year…

20th May 2022

Divorce – make sure your tax affairs are in order

From April 2022, the Divorce, Dissolution and Separation Act 2020 has reformed the divorce process to remove the concept of fault. Couples are now able…

20th May 2022

Reminder: Annual tax on enveloped dwellings – calculate the value of your property

Annual tax on enveloped dwellings (ATED) is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000. The…

10th May 2022

HMRC’s use of ‘nudge’ letters – what do you need to know

HMRC has begun issuing further batches of nudge letters to taxpayers.  HMRC has used what has become known as ‘nudge’ letters since 2017 , designed…

5th May 2022

Charity Trustee Roundtable – Equality, Diversity & Inclusion

“I was reading an article which was talking about belonging and that diversity and inclusion aren’t what matter anymore, but belonging is what counts. And…

3rd May 2022

How can Not for Profit organisations best manage their contracts and royalty agreements?

Many Not for Profit organisations are increasingly working with third parties to fulfil their organisational needs and services. For example, areas such as catering, branded…

26th April 2022

HW Fisher’s reaction to Labour’s pledge to replace ‘non-dom’ tax rules

Tim Walford-Fitzgerald, Partner, shares his thoughts about the announcement from the Labour Party to replace ‘non-dom’ tax rules. The practical impact of the changes are…

20th April 2022

VAT Update from HW Fisher

Gerry Myton and Mike Block explain the latest updates and rulings affecting VAT.  Read more on the latest news from HMRC, key takeaways from recent…

12th April 2022

Tax Implications of the Covid Pandemic

While international travel has now started to open up, the various travel restrictions put in place during the COVID pandemic mean that some individuals found…

11th April 2022

Insights from our Higher Education Chair of Audit Committee Roundtable

Higher Education Chair of Audit Roundtable – February 2022 – the current HE landscape At our recent Chair of Audit Committee roundtable, we were joined…

11th April 2022

Register of Overseas Entities: What you need to know

The UK Government has introduced a ‘Register of Overseas Entities’ following The Economic Crime (Transparency and Enforcement) Act 2022 which was passed into law on…

6th April 2022

Not for Profit sector: A month in review

Carol Rudge, Partner & Head of Not for Profit (NFP) at HW Fisher provides an update on some of the top reports, news, and events…

6th April 2022

Tips for elevating positive impact

Charities are mission-driven by definition: delivering on their charitable objectives is embedded into their DNA.  We all know that charities do incredible game changing work. …

6th April 2022

VAT update on charities that provide accommodation

The recent tribunal hearing in the case of City YMCA London v HMRC could have important implications for charities that provide accommodation. If you provide…

6th April 2022

What do unions need to be thinking about in 2022?

Unions 21 is a forum for unions to come together to explore our shared challenges and to look at practical projects and ideas to build…

5th April 2022

New tax year: 10 changes that could impact your personal finances

As the 2021-22 tax year draws to a close, a lot of people have been wondering exactly when the current tax year ends and the…

24th March 2022

Spring Statement: 5 key takeaways

The Chancellor has announced his ‘mini-budget’ – here are our five key takeaways and initial thoughts so far. 1. Income tax Key takeaway: Basic rate…

22nd March 2022

If I were Chancellor for a day…

HW Fisher outlines some quick wins for The Chancellor to consider ahead of the Spring Statement this week… Reduce fuel duty costs “The proportion of…

11th March 2022

VAT Update from HW Fisher

In this month’s VAT Update Gerry Myton and Mike Block bring the latest updates from the world of VAT! Read on for more updates, information…

8th March 2022

How our partners are working to #BreakTheBias against women in the workplace

This International Women’s Day, we asked our partners how they’re working to break the bias for women in the workplace. From small changes to make…

16th February 2022

Building your own Grand Design? VAT implications you must be aware of

The DIY House Builders VAT scheme allows people who build their own homes to reclaim the VAT incurred on their building costs, but not professional…

27th January 2022

VAT Update from HW Fisher

In this month’s VAT Update Gerry Myton and Mike Block bring the latest updates from HMRC including the summary of responses from HMRC’s call to…

27th January 2022

Plastic Packaging Tax: What you need to know

A new tax, Plastic Packaging Tax (“PPT”), is being introduced in the UK with effect from 01 April 2022 aimed at reducing single use plastic…

21st January 2022

Hosting on Airbnb: tax tips on the house

The Airbnb market in the UK is booming. Before the pandemic there was over 223 thousand active listings on Airbnb in the UK. If you’re…

22nd December 2021

Property market 2022: changing tax legislation to be aware of

This year has been one of the busiest for the housing market in more than a decade. According to Zoopla, estimates show that there will…

21st December 2021

Making Disclosures to HMRC

HMRC believes that taxpayers want to pay the right amount of tax and wants to help those taxpayers that are not paying the correct amount…

20th December 2021

Trust Registration Service – what you need to know ahead of September 2022 deadline

In September, the Trust Registration Service (TRS) finally opened for the registration of non-taxable trusts. As a quick recap, the regulations were brought into effect…

14th December 2021

Tax Issues Affecting the Not-For-Profit Sector – HW Fisher Expert Webinar

We recently held a webinar on tax matters for Finance Directors and Finance Teams at Not for Profit organisations. Specifically we focussed on: • A…

13th December 2021

Opportunities and Challenges in 2022

As we enter 2022, we continue to adapt to the new reality that is emerging in the wake of the coronavirus pandemic. There are both…

13th December 2021

VAT Update from HW Fisher

In this month’s VAT Update Gerry Myton and Mike Block bring the latest updates from HMRC – including brief guidance on the Plastic Packaging Tax,…

8th December 2021

How Universities can maximise the revenues generated from their intellectual property (IP) and save expenditure on their contracts

Revenues – royalty audit A number of universities hold patents that secure their intellectual property rights, whether it be in the field of technology, pharmaceuticals…

30th November 2021

Thoughts from our HE Chair of Audit roundtable in 2021

At our November HE Chair of Audit Committee roundtable, we were very lucky to be joined by Karel Thomas, Executive Director of the British Universities…

30th November 2021

Making sense of Students’ Union regulation

There’s a recent Twitter meme where the bland trips that men would take if time travel was possible are pilloried. My own journey would be…

30th November 2021

Charity Trustees Virtual Meeting on Digital

At our October Charity Trustees virtual meeting, we were joined by Zoe Amar, a charity digital specialist who took our audience through the findings from…

29th November 2021

How to avoid late penalties when filing your tax returns

The online self-assessment deadline, is the 31st January 2022. However, HMRC has announced that they are waiving late penalties until the 28th February. But, this…

25th November 2021

Not for Profit sector – A month in review

In this month’s digest Carol Rudge provides an update on some of the top articles, reports, news, and events for Not for Profit (NFP) organisations.…

16th November 2021

VAT Update from HW Fisher

Despite the Chancellor’s Autumn 2021 statement proving to be very light on changes to the UK’s VAT system, we are glad to present the following…

15th November 2021

Electric Cars – how can you benefit from the OZEV Government grant scheme?

In February 2021, the UK Government announced an updated OZEV grant scheme that sees £50 million devoted to installing electric vehicle (EV) charge points at…

12th November 2021

Meet the Team: Andrew Rich, Managing Partner

Andrew Rich is the firm’s Managing Partner, working with the Leadership Team and Partners to help provide clients with the expert, personable advice that HW…

9th November 2021

COP26 – Driving profit and purpose

While the hype around COP26 could be seen as all noise and no action, there is a real opportunity to reflect and consider how we…

28th October 2021

Autumn Budget 2021 Summary

This was a Budget set against a backdrop of the national debt. According to the ONS, the UK Government gross debt was £2.2 trillion at…

25th October 2021

A message to the Chancellor: bring back British fighting spirit for businesses

The Autumn Budget is taking place on 27 October 2021 with Rishi Sunak setting out the Government’s spending and financial strategy. He is expected to…

22nd October 2021

Musicians Union – Case Study

We’re proud to work with some fantastic clients and we love to celebrate the brilliant work they are doing.  We spoke to the Musicians’ Union…

20th October 2021

The HMRC policy of ‘naming & shaming’

You may or may not be aware of this, but HMRC publishes the names of deliberate tax defaulters on their website. This is commonly referred…

19th October 2021

Recovery Loan Scheme: What you need to know

Update (29th October 2021): During the Autumn Budget 2021, the Chancellor announced that the Recovery Loan Scheme would be extended until 30 June 2022. From…

29th September 2021

Meet the team – Jamie Morrison

Jamie Morrison leads our tax team at HW Fisher, working in the UK and Asia with private clients, entrepreneurs and family offices. We asked Jamie…

29th September 2021

Meet the team – Toby Ryland

Toby Ryland leads the corporate tax and VAT division at HW Fisher. With over 20 years’ experience Toby works with a wide range of clients…

29th September 2021

VAT Update from HW Fisher

This month Gerry Myton and Mike Block bring the latest updates from HMRC – including their guidance on the VAT liability of COVID-19 testing services…

28th September 2021

New EU-commerce package for non-EU businesses – what do you need to know?

The EU introduced its e-commerce package on 01 July, including a new IOSS Registration for non-EU businesses. Who is affected? The IOSS allows non-EU businesses…

28th September 2021

National Insurance Tax Rise

Commenting on the recent hike to National Insurance announced this month by the Prime Minister, Tim Walford-Fitzgerald says “The imposition of a social care levy…

23rd September 2021

Business Strategy: Insights for Charities

‘Strategy’ is one of the most mis-used and grand sounding words in our business language.  After all, “What’s our strategy for dealing with this?” sounds…

23rd September 2021

Brexit: Tips and Recommendations for Charities

We are now nine months into the UK’s trading life outside the European Union (EU). Leaving the EU has resulted in some major changes particularly…

23rd September 2021

Why having a coach is a great privilege

I was inspired to train as a coach through having a truly inspirational coach myself. But before I talk more about that, I think it…

15th September 2021

How Residence is Defined and its Implications on Individual Income Tax in China and the UK: Q&A

By Jie Su and Maria Kotova Individual income tax (IIT) is a very important part of payroll management. In both China and the UK, the tax treatment for…

15th September 2021

The future of streaming – is it hitting the right note for artists?

The global recorded music market grew by 7.4% in 2020, the sixth consecutive year of growth according to IFPI, the organisation that represents the recorded…

9th September 2021

Not For Profit sector – A month in review

This month’s digest provides an update on some of the top articles, reports, news, and events for Not for Profit (NFP) organisations. Carol Rudge shares…

2nd September 2021

Money is good, love is wealth: Finance tips for influencers

Love Island, the British summer TV hit, has traditionally been an influencer accelerator for the contestants that enter the villa each year. As their social…

24th August 2021

Will I face a furlough enquiry?

Are you one of the 1.3 million employers who claimed Coronavirus Job Retention Scheme (furlough) monies from HMRC from March 2020 as a result of…

19th August 2021

Meet the team – Gerry Myton

Gerry Myton leads our indirect taxation team and specialises in not only VAT, but also duty matters. He began his career with Her Majesty’s Customs…

19th August 2021

Get Ahead – VAT Update

In this monthly digest, Gerry Myton brings the latest updates from HMRC – including their recent business brief offering guidance on the repayment of VAT…

12th August 2021

Not for Profit sector – a month in review

It has been a busy month for the Not-for-Profit sector! This month’s digest highlights some exciting events hosted by the Charity Finance Group and the…

11th August 2021

How do you value music: 3 things you need to know

Revenues generated by the music industry peaked in 1999, mostly due to the physical CD market. In stark contrast, the industry reached an all-time low…

5th August 2021

M&A activity in 2021

Our Corporate Finance Team specialise in transaction services and corporate finance, dealing with all areas of transaction services, including vendor and purchaser due diligence, acting…

29th July 2021

COVID – working from paradise?

A few years ago, I was lucky enough to spend a fair amount of time on the beautiful island of Barbados.  So when the Barbados…

28th July 2021

Search Funds Q&A with Simon Webster

To gain more insight into the world of search funds, from someone who has been involved in search funds for many years and has experience…

23rd July 2021

Furnished Holiday Lets – Here is what you need to know

If you own and run a Furnished Holiday Let (“FHL”) now would be a good time to take stock of the key points and whether…

23rd July 2021

Brexit: Exports to private customers

by Gerry Myton, Partner – Head of Indirect Tax What changes are being made? Brexit has resulted in several major changes for UK businesses who are…

23rd July 2021

HMRC Revenue and Customs Brief 7 (2021): VAT on electric cars

HMRC have recently released a new brief which discusses HMRC’s policy on the VAT treatment of charging electric vehicles and an entitlement to recover VAT…

23rd July 2021

Basis Period Reform: Impacts for Partnerships and Sole Traders

The government has released a document outlining the current rules for basis periods and setting out a specific proposal to simplify them. The proposal affects…

22nd July 2021

Fifth SEISS: New rules for the self-employed on the way – all you need to know

The Self-Employment Income Support Scheme (SEISS) grant has helped millions of self-employed people across the UK whose business and income has been affected by the…

13th July 2021

Making change happen on the road to gender equality

Since its launch, the WealthiHer Network has made significant progress in supporting women’s economic advancement by equipping them with the knowledge they need to prosper…

9th July 2021

Corporate Establishment Process for Businesses in China

The establishment process varies based on one’s chosen investment structure and planned business scope. For example, setting up a manufacturing FIE requires an environmental evaluation to be…

9th July 2021

Company Holding Structure for Businesses in China

Does it make sense to use a Holding Company? Many companies choose to establish holding companies, or “special purpose vehicles”, in jurisdictions, such as Hong…

9th July 2021

Choosing a Location to Set Up Your Business in China

Choosing a location is one of the first decisions that British companies must make when entering a new market. Location and a strategic site selection…

9th July 2021

Pre-Establishment Considerations for British Investors Setting Up in China

With an increase in the number of establishments in China from UK companies, it is highly advisable to seek professional assistance to guide British Investors…

9th July 2021

Meet the Team – Andrew Subramaniam

Andrew brings over 30 years’ experience working with many best-selling authors and household names in the media world, as well as talented creatives in the…

7th July 2021

Turning challenges into opportunity: VOCES8 Foundation

The Show Must Go On: Supporting Artists and Creating a Worldwide Arts Community through Digital Innovation Partner: Andrew Rich Client: VOCES8 Foundation In three sentences, what…

23rd June 2021

IR35: 10 Things you need to know

If you are a business who engages with contractors or you are a worker who uses a personal service company, you may have heard about…

23rd June 2021

Life after “EU” – an update on global mobility and social security post-breakup

In addition to the wrangling and ongoing negotiations as part of one of the biggest breakups in history, navigating the new rules as part of…

23rd June 2021

What is a search fund and why are they becoming more popular?

A Search Fund is specialist vehicle in which investors back a promising individual (entrepreneur) rather than an existing start-up team. Often these entrepreneurs, or searchers,…

17th June 2021

Latest on the VAT Payments Holiday – all you need know

To support businesses during the COVID-19 pandemic, the UK Government announced temporary changes to the VAT system. Many organisations took advantage of the VAT payment…

17th June 2021

The Chancellor set to reject furlough extension despite Freedom Day delay

Speaking on the Chancellor’s proposed plan to reject calls for an extension of the furlough scheme, Simon Michaels says “The Chancellor finds himself in the…

8th June 2021

Brexit update: six months on

by Gerry Myton, Consultant The impact of the UK leaving the European Union (EU)  on VAT and Customs remains profound. The below highlights some of the…

8th June 2021

Brexit changes: Understanding the Northern Ireland Protocol

by Gerry Myton, Consultant Since the UK left the European Union (EU) there have been some changes to VAT and Customs rules for businesses trading…

28th May 2021

Understanding tax on cryptoassets

by Daniel Tomassen, Manager – Private Client Department Cryptoassets are private digital assets that use cryptography and are designed to work as a medium of…