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26th May 2020Covid-19: Exemption for reimbursed home office equipment

It has been confirmed by the Treasury minister that organisations reimbursing staff for equipment purchased that enables them to work from home during the pandemic lockdown will not have to pay tax. We would caution however, that this exemption may not be as generous as it first appears. Generally, the rules on what an employee […]

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13th May 2020Accounting Implications of Covid-19 Support Under FRS102

With so many different loans and grants available to businesses during the Covid-19 pandemic there are many new challenges in how to account for the various support schemes available. Here we discuss some of the main forms of support available and being utilised by businesses and offer guidance as to how to account for these […]

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12th May 2020A Guide to the Coronavirus Job Retention Scheme (CJRS) [Updated]

Under the Coronavirus Job Retention Scheme, announced on 19 March 2020, the Government has put arrangements in place to provide grants to cover 80% of the salary of PAYE employees (up to a capped level) who would otherwise have been laid off during this crisis. Updates since scheme launch: On 12 May, the Chancellor announced: […]

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7th May 2020Helping our clients through Covid-19: Stories of how we have been supporting our clients secure government loans

Financial Support for the Retail Sector Client: Sole trader – designer Loan secured: £200,000 from HSBC through CBILS Approach: Through internal collaboration we were able to identify that the client was in need of financial support and it was passed through to the HWF Business Solutions team. We assisted in providing proforma documents for the […]

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4th May 2020A guide to the Coronavirus ‘bounce back’ small loan scheme

Originally announced by the Chancellor on 27 April, the Bounce Back Loan Scheme  (BBLS) opened for applications on 4th May. This microloan is to help small and medium sized businesses struggling to obtain other sources of Government backed funding. The scheme will be delivered by lenders accredited by the British Business Bank and will provide loans from […]

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1st May 2020Temporary VAT relief on PPE

HMRC has announced the temporary relief from VAT of Personal Protective Equipment (PPE). With effect from 1 May 2020, supplies of PPE will qualify to be zero-rated for VAT purposes until 31 July 2020. Previously, such supplies were subject to VAT at 20%.  This will be a boost to the NHS and also to the […]

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28th April 2020Guidance for SMEs: your key questions answered

The government has issued, and in some cases subsequently revised, measures to support SMEs during this time. Here, Simon Michaels and Jonathan Bourne answer some key questions associated with the schemes in place to help SMEs. If you have any questions or need guidance for your business, please get in touch directly. Which employers are […]

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22nd April 2020Support for self-employed individuals: your questions answered

The Government has only recently issued its help package for the self-employed during the impact of Covid-19 and many questions remain outstanding. Our Partners have answered some key questions for anyone who is self-employed and is looking for clarification on how to navigate the government guidance and what the best action to take is during […]

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22nd April 2020Guidance for charities: your key questions answered

In the current circumstances we know a lot of charities are having to change the way they operate to ensure fundraising and funding can continue through the impact of Covid-19. Our charity department answer some key questions for anyone associated with a charity, looking for clarification on what the best action is for these organisations […]

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22nd April 2020Covid-19 Support for Innovative Companies

On 20 April 2020 the Government announced a support package for innovative firms facing financing difficulties due to the coronavirus outbreak. The new package includes: An investment fund called the Future Fund which will issue convertible loans between £125,000 and £5 million to high-growth companies Grants and loans available to SMEs focusing on research and […]

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21st April 2020Partnering with clients through Covid-19 – Stories of how we have been supporting and advising clients

Helping the Retail Industry Keep Up-to-Date and Make Well-Informed Decisions for the Future Partner: Ross Fabian Client: European distributor for a sports footwear brand Advising on: Coronavirus Business Interruption Loan Scheme and Coronavirus Job Retention Scheme During the last two weeks, the global pandemic has escalated into a financial crisis in the UK, as businesses […]

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20th April 2020A Guide to the Coronavirus Large Business Interruption Loan Scheme

20 April 2020 The Government’s Coronavirus Large Business Interruption Loan Scheme (CLBILS) launched officially on 20 April 2020. Originally announced by the Chancellor on 2 April, further details were released on 17 April expanding the loans to cover all viable firms. It aims to provide finance to UK mid-cap and larger enterprises during the Covid-19 […]

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9th April 2020Covid-19 support for charities – current funding initiatives available

In the current circumstances we know a lot of charities are having to change the way they operate to ensure fundraising and funding can continue. In response to this, Chancellor Rishi Sunak has announced a UK-wide £750m package to support charities during the coronavirus pandemic. The measures involve cash grants for charities providing key services […]

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9th April 2020Financial Reporting Implications of Covid-19

The uncertainty surrounding Covid-19 has huge implications on financial reporting. All company directors have a responsibility to prepare financial statements that give a true and fair view of the state of affairs of the company and of the profit or loss for the period. However, the implications of Covid-19 can make this very complex. Difficulties […]

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8th April 2020How we have been supporting clients through Covid-19

Preparing to Keep a Healthcare Company Afloat in the Absence of Patients Partner: Joel Courts Client: Dental sector Advising on: Coronavirus Business Interruption Loan Scheme and Coronavirus Job Retention Scheme My client is in the medical/dental sector and was forced to stop seeing patients due to government advice. When we discussed what the options were, […]

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31st March 2020Claiming a grant under the Covid-19 Self-employment Income Support Scheme – advice for authors

You can use this scheme if you’re self-employed as an individual or in a partnership and have lost income because of coronavirus. You can apply as long as your 2018/19 self-assessment tax return has been submitted by 23 April 2020. You also need to have continued your professional writing activities in 2019/20, to still be […]

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31st March 2020Claiming a grant under the Covid-19 Self-employment Income Support Scheme – advice for actors

You can use this scheme if you’re self-employed as an individual or in a partnership and have lost income because of coronavirus. You can apply as long as your 2018/19 self-assessment tax return has been submitted by 23 April 2020. You also need to have continued your professional acting activities in 2019/20, to still be […]

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30th March 2020Claiming a grant under the Covid-19 Self-employment Income Support Scheme – advice for musicians

You can use this scheme if you’re self-employed as an individual or in a partnership and have lost income because of coronavirus. You can apply as long as your 2018/19 self-assessment tax return has been submitted by 23 April 2020. You also need to have continued your activities as a professional musician in 2019/20, to […]

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28th March 2020Covid-19 guidance webinar series – advice for businesses, the self-employed and charities

Over the past few weeks, the UK Government has announced a host of packages to support individuals and businesses through the impacts felt by the coronavirus outbreak. We recently hosted a series of free webinars for SMEs, the self-employed and charities, advising on what the Government is offering and how clients can access it if […]

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27th March 2020Support for the self-employed – an outline of the new measures

Who is eligible for the support? Despite the Chancellor’s saying that the package for the self-employed provides parity with employees, there are some very material differences. The first is the scope of eligibility. There appears to be no support at all for anyone with an income in excess of £50,000 per annum. To be eligible […]

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27th March 2020Covid-19 – Stay calm and put plans in place. A checklist for charities to consider during this period

Covid-19 will likely bring operational issues and potential financial implications for charities over the next few months. Despite these challenges, it’s vital that charities avoid reacting to current pressures too quickly. We encourage all charities to spend some time putting the right plans in place, to manage the situation in the best way possible. We’ve […]

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26th March 2020Covid-19 – Advice for Authors

We’re living through unprecedented times; it’s not going to be easy and we are all going to have to work together to get through it. Many of you will have questions on what this will mean from a financial perspective and where you go from here. There is a certain amount of help and support out there […]

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25th March 2020VAT Payments Holiday – Key Points Summarised

On 20 March 2020 the UK Government announced temporary changes to the VAT system, as part of a package of measures in response to the ongoing COVID-19 outbreak. The main points are as follows: The deferral of most VAT payments due between 20 March and 30 June 2020; This therefore includes the VAT Return payments […]

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23rd March 2020COVID-19 – Guidance for Business

19th March 2020 The Government has issued COVID-19 guidance for employers and small businesses. The guidance assists employers with issues facing the health and wellbeing of employees as well as informing them of certifying absences from work. Directors who have to temporarily close their business due to COVID-19 may be able to access support in […]

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23rd March 2020COVID-19 – Government Support for Business Explained

19th March 2020 The Government has issued COVID-19 guidance for employers and small businesses. The guidance assists employers with issues facing the health and wellbeing of employees as well as informing them of certifying absences from work. The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people […]

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23rd March 2020A Guide to the Coronavirus Business Interruption Loan Scheme

23rd March 2020 The Government announced in the Budget on 11th March 2020 that Small and Medium sized companies (with turnover up to £45 million) would be able to access the “Coronavirus Business Interruption Loan Scheme”, from the week commencing 23 March 2020. The scheme has seen a number of updates since it was announced, […]

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12th March 2020Budget 2020: our commentary

Chancellor Rishi Sunak delivered his first Budget in the House of Commons yesterday, where he announced the government’s tax and spending plans for the year ahead. The Private Client team have provided comment on some of the reforms that will impact our clients most. Entrepreneurs’ relief This change to entrepreneurs relief is as good as […]

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5th March 2020Accountancy firm HW Fisher calls for the Chancellor to “keep it simple and don’t stifle entrepreneurship”  

Ahead of the budget next week, top 25 accountancy firm HW Fisher outlines three areas of focus for the Government. HW Fisher explains why the government must provide organisations with clarity over the impending IR35 regulation, urges the Chancellor to think about the UK’s small businesses and avoid any moves that will stifle entrepreneurship. HW […]

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20th February 2020The new £20 note: what you need to know

While it looks like we are moving towards a cashless society, currency redesigns can still have a huge impact on businesses. It’s essential to be prepared and work with organisations that have proven expertise and knowledge of currency changes. With the right technology and the right training, businesses can be ready to accept the changes […]

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11th February 2020HW Fisher has partnered with Curtis Brown Creative to provide a fully funded place on their brand new screenwriting course

In a new partnership with HW Fisher, Curtis Brown Creative has announced a scholarship enabling one writer of limited financial means to join their first ever Writing An Original TV Drama Serial course, beginning in March. The course is led by celebrated screenwriter, playwright and former Birkbeck Professor Colin Teevan and will include five industry […]

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23rd December 2019HW Fisher assists in Mayfly Outdoors’ first UK acquisition

  HW Fisher have advised Colorado-based manufacturer of premium fly-fishing products, Mayfly Outdoors, on its acquisition of Airflo, a UK-based fly line manufacturer. As this was the company’s first UK deal, HW Fisher offered expertise and advice on British tax rules and performed due diligence on the acquisition, as the UK was previously unknown territory […]

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17th December 2019HW Fisher expands services for SMEs by partnering with Funding Xchange

HW Fisher, the top 25 accountancy firm, announces today its partnership with Funding Xchange, the leading small business funding marketplace. As a result of this collaboration, small to medium sized enterprises (SMEs) working with HW Fisher will now have quicker access to a wide range of debt funders on the Funding Xchange marketplace. The Funding […]

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21st November 2019All we want for Christmas is a tax-free party

With the festive season just around the corner, employers are looking to reward their staff following a year of hard work, whilst embracing the festivities. HW Fisher reminds businesses how they can make savings thanks to a Christmas party tax break. Simon Michaels, CEO of HW Fisher Business Solutions, explains: “Many employers reward their staff […]

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17th September 2019HW Fisher expands forensic accounting practice with new Contract Compliance division

Top chartered accountancy firm, HW Fisher, have announced the expansion of their Forensic Accounting & Royalty Audit practice with a new division, Contract Compliance. Led by Director, Milan Vranic, the Contract Compliance team works with companies to identify opportunities for financial recovery, often resulting from non-compliance by suppliers with contractual obligations, while also highlighting process […]

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11th June 2019HW Fisher expands offering with acquisition of strategic governance, risk and compliance consultancy, Compliance On Demand

11 June 2019 – Top 25 chartered accountancy firm, HW Fisher have announced today a new venture with strategic governance, risk and compliance consultancy, Compliance on Demand Limited which joins the HW Fisher family. The deal is a joint venture between HW Fisher and ex City Lawyer, Philip Olmer, who will both hold 50% of […]

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30th May 2019HW Fisher bolsters audit division with two new partners

30 May 2019, London – Top 25 chartered accountancy practice, HW Fisher, has expanded its audit division with the appointment of Darshna Choudhury and Paul Clark as partners. Darshna and Paul both joined HW Fisher as graduate trainees and will be instrumental in developing the firm’s audit and assurance services. Darshna has already built a […]

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29th March 2019A day in the life of Charlotte Grimston

Our latest employee blog brought to you by Charlotte Grimston, Audit Senior based in our London office. She gives her story on what it’s like to work at HW Fisher.

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21st March 2019HW Fisher advises The Fattal Group on entry into central London hotel market

20 March 2019, London – Top 25 chartered accountancy firm, HW Fisher, has advised The Fattal Hotel Group on accounting aspects for its acquisition of the long term lease of four former Grange Hotels in London, marking the Group’s first entry into the central London market.

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20th March 2019Spring Statement 2019

Chancellor Philip Hammond’s second Spring Statement was delivered against a backdrop of political turmoil, following the voting down of Prime Minister Theresa May’s Brexit withdrawal deal.

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4th February 2019Why are accountants getting their sums wrong?

When bosses at the top four audit firms were asked by Parliament last week whether they were happy with the quality of the audits they were performing, only one could bring himself to say yes.

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31st October 2018Autumn Budget 2018

Chancellor Philip Hammond has delivered his second Autumn Budget, exactly five months before Britain is due to leave the European Union.

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14th March 2018Spring Statement 2018

Chancellor Philip Hammond has presented his first Spring Statement, with something of a spring in his step.

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8th January 2018Making tax digital: Taxing transformations

Remember the plans for quarterly tax returns? Simon Whaley finds out what writers need to do now, in preparation.

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2nd January 2018HW Fisher & Company broker deal to save football news site Squawka

HW Fisher & Company has successfully brokered the sale of the football news site Squawka to the global media firm Catena.

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23rd November 2017Budget 2017 highlights

Philip Hammond’s second Budget as Chancellor has the unique distinction of being the second Budget to be delivered in one year.

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3rd November 2017Bracing for Brexit – Event review

In November HW Fisher & Company assembled a panel of leading thinkers from the worlds of business, politics and journalism to assess the impact Brexit has had – and will have – on British business.

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27th April 2017HW Fisher creates six new partners as growth strategy expands both team and expertise

HW Fisher & Company has promoted five existing staff to partner and appointed Ross Fabian as an audit partner within their corporate team as part of an ambitious growth strategy.

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27th May 2016Client interview… Nick Ferrari

Radio presenter and journalist Nick Ferrari talks about his successful career in the media, from door-stopping Princess Di to hobnobbing with the stars.

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27th May 2016Fisher Performance Improvement: Our new expert consultancy service for SMEs

Fisher Performance Improvement is a service designed to help small and medium-sized enterprise (SME) owners boost their performance and profitability without the usual financial burden.

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26th May 2016Building up a nest egg

Growing old is never a question of choice. But we can choose how to secure our financial future and the quality of life during retirement.

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26th May 2016With Westminster viewing everything through a Brexit lens, has it lost sight of the economy?

It says a lot about the state of British politics that when a senior cabinet minister resigned in March over the Government’s welfare reforms, his real motive was immediately judged to be something else entirely – Europe.

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26th May 2016Could Brexit turn Britain into a corporate tax haven?

Might a non-EU UK end up aping the tax havens that sparked so much criticism following the release of the Panama Papers?

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18th April 2016Crime debuts celebrated in New Blood event

2016’s outstanding debut crime authors were celebrated in a new event designed to showcase new talent in the genre.

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7th November 2012Charity fixed assets

Most charities have them. They are a vital part of what they do. Yet many charities overlook them.

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