Articles & Insights (Index)
11th November 2022
With the festive season fast approaching, it’s time to start planning your Christmas celebrations. Last year the pandemic forced many businesses to cancel their Christmas…
4th November 2022
We were delighted to be joined by Will Lifford, Board Member at the Charity Commission, at our recent Charity Trustee Roundtable where the group discussion…
4th November 2022
Article written by Marc Brinklow, Trust Manager As a quick recap, the Trust Registration Service (“TRS”) is an online system managed by HMRC, which requires…
27th October 2022
On 28 February 2022, two months after signing the UK-Australia free trade agreement, the UK signed a free trade agreement with New Zealand, aiming to…
18th October 2022
Borrowing money is often attached to a host of financial complexities, and there are various questions you should be asking before entering a loan agreement.…
18th October 2022
As we start a new university academic year, finance directors and senior management teams will have a lot on their minds in an ever-changing and…
17th October 2022
The Chancellor has reversed almost all measures announced in September’s “mini budget”. Summary of changes: The basic rate of income tax will remain at 20p…
11th October 2022
A guest article from Dean Rogers, Executive Director of Industrial Strategy and Member Relations, The Society of Radiographers. Some problems look insurmountable, but we can’t…
23rd September 2022
The Chancellor has announced his “mini” Budget – 6 months on since the March Budget and there are some milestone tax changes to be aware…
23rd September 2022
The new Chancellor has announced his ‘mini-budget’, setting out the Government’s economic policy to combat the cost of living crisis and recession affecting business and…
22nd September 2022
Commentary on National Insurance from Stevie Heafford “As predicted, the new Chancellor has reversed the 1.25% rise in National Insurance Contributions originally introduced by Rishi…
14th September 2022
Article written by Daniel Tomassen, Senior Manager of the Private Client Department. The Office for National Statistics put the rate of inflation in the UK…
14th September 2022
Whilst international travel has now resumed to a level of normality, the various travel restrictions implemented during the Covid pandemic will have a long-lasting effect.…
13th September 2022
In December 2021, the UK and Australia signed a Free Trade Agreement. The first ‘new’ trade deal signed since Brexit has been badged as world-class…
8th September 2022
Charities in the UK are facing a growing number of pressures in response to the cost of living crisis. Not only are they starting to…
6th September 2022
At our recent University Chair of Audit Committee roundtable, we were joined by Professor Susan Lea, former Vice Chancellor at the University of Hull where…
5th September 2022
HMRC’s ‘nudge letters’ are specifically worded letters to prompt a response from the recipient. In a previous article, we outlined what you need to know…
30th August 2022
(UPDATED AUGUST 2022) In September, the Trust Registration Service (TRS) finally opened for the registration of non-taxable trusts. As a quick recap, the regulations were…
26th August 2022
The UK property market has seen significant changes since the start of the calendar year with new regulations and macroeconomic factors bringing a variety of…
22nd August 2022
Coming into effect from September 2022, HMRC have announced that they will be changing the way they carry out VAT assessments for overseas traders who…
18th August 2022
There is less than 6 months until the deadline for the Register of Overseas Entities On the 1 August 2022 the UK’s Register of Overseas…
17th August 2022
During the pandemic years, the world of cryptocurrencies and digital investments reached dizzying new heights in both popularity and monetary value. Everyone from serial entrepreneurs…
12th August 2022
The travel industry has faced turmoil this summer, with baggage claims flooding airports, strikes, and miles-long lines at the port of Dover with people making…
12th August 2022
The prime month for summer holidays has arrived, so if you own and run a Furnished Holiday Let (FHL), or you are looking to start…
2nd August 2022
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
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
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 Rising inflation in the UK is creating a situation in which the cost of…
27th July 2022
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/developers – the recent First…
26th July 2022
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 According to the World Bank’s “Doing Business Guide 2020”, the UK ranked number 8 globally for the ease…
5th July 2022
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
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
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
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
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
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
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
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
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…
18th May 2022
HW Fisher, a UK top 30 audit and advisory firm, today announces the latest expansion of its senior leadership team to support the firm’s continued growth.…
10th May 2022
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
“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
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
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
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
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
Higher Education Chair of Audit Roundtable – February 2022 – the current HE landscape At our recent Chair of Audit Committee roundtable, we were joined…
6th April 2022
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…
14th December 2021
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
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
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
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
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
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
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
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
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.…
21st November 2021
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.…
16th November 2021
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
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
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
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
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
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
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
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
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
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
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
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
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
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
‘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
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
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
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 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
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
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…
27th August 2021
Have you ever wondered what’s involved in an ACA Trainee scheme? Harriet Swinson, a trainee in our Audit team, explains why she chose this specific career…
24th August 2021
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
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
In this monthly digest, Gerry Myton brings the latest updates from HMRC – including their recent business brief offering guidance on the repayment of VAT…