Budget 2020 – 5 Changes That May Affect Your Business

On 11 March 2020 the new Chancellor, Rishi Sunak, presented his first Budget, just a month into the job.  It was always going to be a challenge for him to prepare for the budget in such a short space of time and this wasn’t made any easier for him with the rapidly changing situation with… Continue reading Budget 2020 – 5 Changes That May Affect Your Business

XeroCon 2019

Recently myself & Mike Waterfield attended Xerocon 2019 at the ExCeL arena in London. Xerocon was an amazing experience, full of product announcements, App demonstrations and glimpses into how artificial intelligence (AI) and computer learning will change our approach to bookkeeping and accounting. Xero can be connected to over 800 Apps. The leading Apps were… Continue reading XeroCon 2019

Why do I need to keep my bookkeeping up to date?

Happy New Year! This is the 1st post of the year & hopefully it will help you to start thinking about how to organise your business over the next 12 months.  As we are all aware, Making Tax Digital is fast approaching meaning you need to have bookkeeping software in place for your business that… Continue reading Why do I need to keep my bookkeeping up to date?

New Lifetime ISA

The Lifetime Individual Savings Account (ISA) is a longer term tax-free account that receives a government bonus. The accounts will be available from today (6 April 2017). HMRC have produced a helpful guide on the account. Some of which is reproduced below: Opening a Lifetime ISA You can open a Lifetime ISA if you're aged… Continue reading New Lifetime ISA

Spring Budget 2017

I am sure that you have seen the headlines in the papers this morning about the Budget and for a detailed analysis please see the report on our website: http://www.torrwaterfield.co.uk/news/budget-report. The items that have caught my attention and I think are relevant to most people are as follows: National Insurance for the self-employed At present,… Continue reading Spring Budget 2017

Torr Waterfield’s 2017 charity of the year – Alzheimer’s Society

Every year we support a different charity and this year it is the Alzheimer’s Society. I think most of us know friends or family that have been affected by dementia. Currently around 850,000 people in the UK have been diagnosed and of those, 42,000 are under 65. This total is predicted to rise to over… Continue reading Torr Waterfield’s 2017 charity of the year – Alzheimer’s Society

Charities and Fundraising – New changes

The Fundraising Regulator fundraisingregulator.org.uk was established a year ago to oversee charity fundraising in England and Wales.  There are different rules for charities registered in Scotland. The new body assumed responsibility for this area on 7 July 2016. So far most people are unaware of its existence, but that should change as we proceed into… Continue reading Charities and Fundraising – New changes

THE BENEFITS OF USING APPS

In today’s fast moving world we are all looking for ways to save time.  The majority of us carry some kind of hand held device, whether it is a tablet or simply a mobile phone on which we can organise our day to day lives.  We even provide our children with these devices to occupy… Continue reading THE BENEFITS OF USING APPS

Management Accounts

What are they and why are they useful? As an accountant I love preparing accounts, as clients you might see them as a necessary evil, documents to be filed at Companies House or the basis for your tax bill.  They are so much more than that, however their disadvantage is that they are historical, are… Continue reading Management Accounts

New Dock centre hosts inaugural innovation seminar with Torr Waterfield to inspire Leicester businesses

Join us at Dock on Tuesday 15th October for a free seminar to encourage Leicester businesses to explore innovation as a potential route to future expansion and export.  ‘Supporting Leicester Innovation’ is the first major event to be hosted at Leicester new Dock with presentations by ourselves and colleagues from Pera Technology and Serjeants. Darran… Continue reading New Dock centre hosts inaugural innovation seminar with Torr Waterfield to inspire Leicester businesses