PLANNING OPPORTUNITY FOR CORPORATION PURPOSES

The main rate of corporation tax is set to reduce from 19% to 17% from 1 April 2020 and The 100% annual investment allowance on capital expenditure has increased from £200,000 to £1 million from 1 January 2019 until 31 December 2020 on all qualifying expenditure. As a result, there are opportunities to make permanent… Continue reading PLANNING OPPORTUNITY FOR CORPORATION PURPOSES

Why is an Accountant Good for my Small Business?

Accountants can sometimes be seen as too expensive, or a luxury only needed for bigger companies, but there are a number of ways in which accountants are helpful for even the smallest of businesses. Saving Tax I was speaking to a business owner recently who had prepared his own accounts and tax return for a… Continue reading Why is an Accountant Good for my Small Business?

MTD – now you have the compliant software what do you need to do next?

Now that you have filed the last VAT return under the old system and have Making Tax Digital (MTD) compliant software (or have arranged temporary bridging software) the next considerations are when to register with HMRC – even though you are already VAT registered you still need to register for MTD (timing)how to register (Step… Continue reading MTD – now you have the compliant software what do you need to do next?

Help When You Need It

Help When You Need It For the times when you need a second opinion, simply don’t know the answer, or it’s outside of your business remit, you can contact our dedicated Employment Law, Health & Safety and Commercial Legal Advice lines. Because we have partnered with Croner Taxwise you’ll receive access to the UK’s leading… Continue reading Help When You Need It

Torr Waterfield Karting Cup 2019

This year was the 6th year of Torr Waterfield raising money through our annual Karting Cup event where 12 teams compete in a two hour endurance race at Sutton Circuit in Broughton Astley. On Wednesday 8 May we raised £1,200 for our charity of the year, the Bodie Hodges Foundation. https://torrwaterfield.wordpress.com/2019/05/02/torr-waterfield-charity-of-the-year-bodie-hodges-foundation/ The track was wet as… Continue reading Torr Waterfield Karting Cup 2019

Stamp Duty Land Tax

If you are thinking of buying a house, Stamp Duty Land Tax (SDLT) could be one of the major costs that you need to consider. However it is not always payable on all properties or for all buyers.  For example, did you know that there are different rules if you are buying your first home… Continue reading Stamp Duty Land Tax

Torr Waterfield Charity of the Year – Bodie Hodges Foundation

This year we have chosen to support the local charity Bodie Hodges Foundation. Following the death of 10 month old Bodie, the Bodie Hodges Foundation was formed in 2012. The charity supports families who have been bereaved of a child and also promotes organ donation. They work with local hospices and the NHS to ensure… Continue reading Torr Waterfield Charity of the Year – Bodie Hodges Foundation