News & Press

Whilst the effects of Covid 19 have had a mixed impact on business, businesses need to be aware that Covid 19 is going to have a bearing on our accounts for some years to come.  Areas that that companies will need to consider are:Asset...

Bookkeeping is fundamental to the success of any enterprise, big or small. It provides a systematic record of your company’s financial transactions, from sales and investments to expenses and payroll, and, done properly, it can help your...

Most accountants now send their clients regular mailshots about tax, accounting, regulatory and financial issues. So of these are topical issues and some are just raising awareness of existing practice. But if you have an accountant, why...

It is the new year! No...we don’t mean that we have just realised it isn’t 2016 but it is now 2017, but 6 April 2017 marks the start of the new financial and tax year. This means that all your previous tax rates, bands and allowances are...

Dilapidation provisions are the liabilities to put back a property at the end of the lease into the same condition it was when you commenced the lease. Therefore, any change in the condition of a property during the lease my creates a...

It would be unfair to say there were no tax changes announced in the first Autumn statement, but there was very little of real interest on the tax front which had not previously been announced in some form or another. In fact, the biggest...

April 2015 saw a substantial change in the world of taxation in relation to the disposal of UK residential property with HMRC bringing non-UK resident individuals within the scope of UK Capital Gains Tax (CGT). Although it brought into...

Wisteria work with many charities to provide accounting, tax and audit services. There are common issues we see on a regular basis, one of which deals with website production.Deferring the cost of a new websiteIf you happen to be considering...

Some companies will have deregistered for VATat the end of March 2017 following changes to the flat rate scheme, please read our article about this. Essentially businesses that were benefitting from the tax savings of the flat rate scheme...

Fear not, there aren’t any new domicile changes for the UK taxation system just yet. This is just a reminder of the rules that were implemented from 6 April 2017 by HM Revenue and Customs (HMRC).Before we get into the changes of the rules...

When a loved one, family or friend passes away, this is always a difficult time for any individual and the last thing that many people will think about is tax. Unfortunately, as Mark Twain put it, there are two certainties in life: death and...

How Much Can I Contribute to My Pension and What Happens If I Exceed My Allowances?With people living longer, healthier lives, planning for your future is more important than ever. Making regular contributions to your pension fund will help...