Articles & Insights (Index)
18th March 2024
At our recent charity trustee roundtable, we were joined by Joe Saxton, Chair of the Association of Chairs, who led the discussion. The key points…
11th March 2024
Our recent Property Tax Webinar from our Tax Partner team covered property tax and VAT issues relating to whether you’re a homeowner, real estate investor,…
8th March 2024
International Women’s Day (IWD) is a celebration honoured worldwide of the social, economic, cultural, and political achievements of women. It’s a day to raise awareness…
7th March 2024
In this week’s Spring Statement, likely the last major fiscal event before the impending general election, all eyes were on the potential introduction of voter-friendly…
4th March 2024
Understanding group relief can be helpful in optimising your company’s tax position. The long-standing Corporation Tax relief allows companies within the same group to surrender…
28th February 2024
According to HMRC, a record 11.5 million people submitted their tax return in time for the 31 January deadline. However, it is estimated that 1.1…
23rd February 2024
With less than two weeks to go until the Chancellor delivers the Spring Statement, the team at HW Fisher share their thoughts on what the…
19th February 2024
The 31st of January 2024 marked one year since overseas entities owning UK property were mandated to register with Companies House. By creating the register,…
19th February 2024
In a much-needed intervention for struggling retailers, the Office of Budget Responsibility recently announced that it will undertake a cost versus benefit review of tax-free…
14th February 2024
Today is Valentine’s Day and for many around the world, it is a special time to show their love and affection for others. Some might…
12th February 2024
This article was first published on Accountancy Today. The accountancy profession is evolving rapidly, with several changes that demand the attention and strategic response from…
9th February 2024
It’s been four years since the UK officially left the European Union (EU), yet the much spoken of demise of UK PLC has not materialised.…
5th February 2024
To celebrate this year’s National Apprenticeship Week, we caught up with Leyla Murtagh, an AAT Apprentice in the Not-for-Profit team at HW Fisher, on what…
29th January 2024
Since 1 January 2024, platforms like Airbnb specialising in short-term rentals have been required to send data on their clients’ earnings to HM Revenue and…
25th January 2024
At our recent Chair of Audit Committee Roundtable, we were joined by Nick Hillman, Director of the Higher Education Policy Institute (HEPI), who led us…
25th January 2024
Is there a better feeling than finding out that you have paid too much tax? Stevie Heafford, Tax Partner at HW Fisher explains who could…
25th January 2024
Making gifts throughout your lifetime is an effective way to ensure that you are leaving as much behind to your loved ones as possible whilst…
8th January 2024
A self-assessment tax return can look daunting; however, with the right information and a little insider know-how, it can become a lot simpler. In this…
4th January 2024
According to data published by HMRC this week, nearly 5.7 million customers still need to file their self-assessment tax returns for the tax year ending…
20th December 2023
2023 was a landmark year for HW Fisher, celebrating 90 years in business and five years post-management buyout. This year, we honoured our history and…
20th December 2023
Tanya Craft commenced her journey at HW Fisher in 2011 as an Accountant through the ACA programme. Over thirteen years, she ascended to a director…
14th December 2023
At our recent Charity Trustee Roundtable, we were joined by Kai Adams, Managing Partner of Green Park who led us through a discussion around board…
12th December 2023
This article was first published on FT Adviser. During the Autumn Statement the Chancellor announced the first ever cuts to National Insurance payments. In his…
11th December 2023
Over 20 years ago, the UK government introduced self-assessment for individual taxpayers. The concept was that individuals would prepare their own tax returns and HMRC…
11th December 2023
It is understood that the baby boomer generation, those born between 1946 and 1964, have over 50% of Britain’s wealth and many are on the…
5th December 2023
We recently held a webinar discussing VAT, tax and employment tax issues affecting the Not for Profit sector and what finance teams should be…
29th November 2023
Immigration and taxes are key to understanding whether a move to the UK is feasible and these rules can also change from time to time.…
29th November 2023
Immigration and taxes are key to understanding whether a move to the UK is viable, or indeed even possible. Immigration and tax rules change from…
22nd November 2023
Today the Chancellor announced the Autumn Statement and there are some milestone tax changes to be aware of. Overall, there is some good news for…
21st November 2023
As the UK’s Chancellor of the Exchequer prepares to announce tax cuts in his Autumn Statement this week, our tax experts outline five changes to…
10th November 2023
HW Fisher, a UK top 30 audit and advisory firm, announces Sam Dewes’ promotion to Partner to support the firm’s continued growth. As part of the…
3rd November 2023
From 13th November, businesses and agents must register for VAT online as part of HMRC’s Making Tax Digital strategy. In this article, Mike Block, VAT…
1st November 2023
Today is National Authors Day, an opportunity to celebrate talented writers across the country that have helped to shape our lives with the stories that…
30th October 2023
In the 2021-22 financial year, UK taxpayers paid a record £16.7bn in Capital Gains Tax (CGT) to HMRC, a tax on the profit when you…
24th October 2023
The deadline for individuals choosing to complete their self-assessment via post means you have until the 31st October (aka Halloween) for HMRC to receive all…
23rd October 2023
2023 marks the 90th year since HW Fisher’s foundation. I am so proud of where we are today with the knowledge that our future is…
16th October 2023
It has been a year since the increases in the Stamp Duty Land Tax (SDLT) thresholds for residential property took effect. As a result of…
16th October 2023
The Institute for Fiscal Studies estimated that the average cost of private school fees across the UK in 2022/2023 was £15,200. This marks an increase…
4th October 2023
Since April 2013 tax residency in the UK has been determined by a number of tests collectively known as the Statutory Residence Test (‘SRT’). Prior…
28th September 2023
The deadline for individuals to register themselves for Self-Assessment is October 5th. With only a week to go, Trusha Shah, Tax Manager at HW Fisher…
26th September 2023
When it comes to buying or selling a business, you want to know how much it is worth. There are three primary approaches used when…
21st September 2023
Today HMRC announced that it has collected £3.2 billion in Inheritance Tax (IHT) between April and August 2023, which represents a £0.3 billion year on…
13th September 2023
As a sportsperson, travelling the world and competing from different global locations is an exciting endeavour. If you’re a non-UK resident sportsperson, you should be…
12th September 2023
You might wonder why you would ever need to value your business, but the circumstances arise more often than you might think. Exit strategy/selling your…
7th September 2023
At our recent Higher Education Chair of Audit Committee Roundtable, we were fortunate to be joined by Nolan Smith from the Office for Students (OfS)…
6th September 2023
Buying a business is a big decision, whether it’s a first-time acquisition or part of an existing growth strategy. However, the journey from finding a…
30th August 2023
When someone offers to buy a business, they will usually value it based on an enterprise value, which assumes the acquisition will be on a…
25th August 2023
Leaving the UK to retire abroad? Perhaps sunny Marbella is on your bucket list or somewhere a little further afield? Whatever you decide, it is…
22nd August 2023
Data published by HMRC today reveals that Inheritance Tax (IHT) receipts for April 2023 to July 2023 totalled £270.2 billion, representing a £17.3 billion increase…
14th August 2023
If you are looking to sell your business, or to exit an existing investment, have you ever considered undertaking a financial health check? In our…
11th August 2023
If you are a director of a limited company, you usually have the option of paying yourself a salary or dividends. Until recently generally there…
7th August 2023
From April 2023 until the end of March 2026, companies can claim 100% capital allowances on qualifying investments through the full expensing relief. Andrew Tall,…
7th August 2023
The UK’s response to the Russia-Ukraine War has seen a significant increase in additions to the UK’s Sanctions List. Tamara Howe, Director of Financial Crime…
7th August 2023
From the 8 August 2023, all businesses claiming R&D tax relief or expenditure credit will be required to submit an additional information form through HMRC’s…
31st July 2023
HW Fisher, a UK top 30 audit and advisory firm, today announces the appointment of Andrew Tall as Corporate Tax Partner. Andrew is ACA and CTA…
25th July 2023
With effect from 1 August 2023, significant changes to UK alcohol duty will be introduced in an effort to standardise the tax by removing the…
24th July 2023
The second ‘payments on account’ deadline is on July 31st. With only one week to go, Stevie Heafford, Tax Partner outlines what ‘payments on account’…
21st July 2023
Debra Allcock Tyler, a formidable force in the charity sector, joined us at our recent Charity Trustee Roundtable. Read on for a summary of her…
17th July 2023
Over the past three years, the Covid-19 pandemic resulted in significant disturbances to the world economy, with the aftershocks resulting in supply chain issues, inflation,…
14th July 2023
Despite the recent increase, the UK’s Corporation Tax rates remain competitive when compared to other jurisdictions. As a result, this is helping the UK to…
13th July 2023
The latest data from the Office for National Statistics (ONS) shows that the UK surpassed £2 trillion in foreign investment for the first time in…
4th July 2023
HMRC’s Trust Registration Service (TRS) is an online register of the beneficial ownership of assets held in trusts. Since the 6th October 2020, all expressly…
30th June 2023
The cost of living pinch in the UK is in full swing. There is no sign of inflation coming down and interest rates have hit…
26th June 2023
HMRC has announced that taxpayers now have until 5 April 2025 to fill gaps in their National Insurance record that may increase their State Pension.…
14th June 2023
In March, HMRC announced a change to the transfer of assets rule which will impact spouses and civil partners who are in the process of…
13th June 2023
Article written by Marc Brinklow, Trust Manager The Chancellor has brought in a number of changes for trusts and estates with the aim of simplifying…
31st May 2023
We were delighted to join some of our clients and friends at a recent Byte the Book panel event, organised by the wonderful Justine Solomons,…
25th May 2023
We have all experienced the impact that financial technology (fintech) has had upon the delivery of financial services. The UK has emerged as one of…
19th May 2023
When it comes to Inheritance Tax (IHT), did you know that there isn’t any tax due on outright gifts if you survive for 7 years…
18th May 2023
We recently joined an expert webinar with The WealthiHer Network, focusing on the topic of property investment and securing your financial future. A line-up of…
27th April 2023
The Higher Education Policy Institute has published the first holistic picture of small and special-focus universities in Size is Everything: What small, specialist and practice-based…
18th April 2023
An individual’s eligibility for the UK State Pension is based on the number of ‘qualifying years’ they have on their national insurance records. However, sometimes…
4th April 2023
UK has been accepted into an Indo-Pacific trade bloc in what the government says is its biggest trade deal since Brexit. The Comprehensive and Progressive…
31st March 2023
As a new tax year beckons, it is once again important to make internationally mobile employees aware of a highly valuable tax relief known as…
30th March 2023
Many taxpayers who receive income gross (without the deduction of tax) are required to make payments on account towards their following year tax liabilities e.g.…
21st March 2023
In the Spring Statement, the Chancellor confirmed that Corporation Tax will increase to 25% from 1 April 2023. This will raise around £18 billion a…
20th March 2023
This month, HMRC has written to thousands of influencers who it suspects have not paid the right taxes for money earned online – this is…
16th March 2023
Jeremy Hunt delivered his first Spring Statement yesterday as Chancellor. As part of his ‘Budget for Growth’, he announced a number of key changes to…
9th March 2023
The Chancellor, Jeremy Hunt, is preparing to deliver his spring budget next week, his second statement since taking the job. While few significant tax changes…
8th March 2023
The aim of this year’s International Women’s Day #EmbraceEquity campaign theme is to get the world talking about why equal opportunities aren’t enough. At HW…
28th February 2023
Following the Prime Minister’s newly announced trade deal with Northern Ireland, Gerry Myton, Head of Indirect Tax at accountancy firm HW Fisher, shares a summary…
23rd February 2023
We recently held a webinar on tax issues affecting the Not for Profit sector. This covered important issues on guidance and policy changes relating to…
22nd February 2023
More than 11.7m taxpayers filed their tax returns before the 31st January 2023. However HMRC has revealed that more than 600,000 taxpayers missed the deadline.…
13th February 2023
It’s Valentine’s Day this week and HW Fisher outlines what Marriage Tax Allowance is, how it works and how you can claim it, plus other…
7th February 2023
For National Apprenticeship Week, we’re celebrating the achievement of our apprentices’ past and present and the positive impact they make to our firm. Our well-respected…
13th January 2023
Gerry Myton, Tax Partner, discusses the most recent VAT cases to go through UK courts and what we can learn from them. Mainpay Ltd v…
13th January 2023
In this month’s VAT Update Gerry Myton, Tax Partner, shares three key VAT updates from HMRC to pay attention to as we head into 2023.…
13th January 2023
As you may be aware, the shutdown of the CHIEF system was due to be finalised in the first quarter of 2023. However, recent updates…
11th January 2023
According to HMRC, nearly 5.7 million customers still need to file their self-assessment tax return for the tax year ended 5 April 2022. The deadline…
6th December 2022
HW Fisher, a UK top 30 audit and advisory firm, announces that it has appointed two new Directors to support the firm’s continued growth. As part…
1st December 2022
With the cost-of-living crisis hitting home for everyone, more people are looking for new ways to generate income. From taking in lodgers to renting parking…
21st November 2022
HM Land Registry Letter to Overseas Entities:What you need to know about the Notice of Entry of a Restriction The month of October saw HM…
18th November 2022
The Chancellor has announced the Autumn Statement – and there are some milestone tax changes to be aware of. Today was always going to be…
16th November 2022
The chancellor Jeremy Hunt is planning a series of stealth tax rises, among other tax rises and spending cuts, that will force small businesses to pay…
16th November 2022
Many predict that the Chancellor will shake up tax rules on dividend payments. Tim Walford-Fitzgerald comments on the predictions: “Fiscal drag is a term that…
14th November 2022
HMRC is replacing Customs Handling of Import and Export Freight (CHIEF) system with the Customs Declaration Service (CDS). The shutdown of CHIEF will be done…
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…