Home

Latest News

By Graham Poles

15th March 2023

Spring Budget 2023: Personal Taxes - No Changes, No Chance

As expected the Chancellor made no new announcements in relation to income tax, capital gains or Inheritance Tax in his Spring Budget, focusing instead on the country’s productivity issues, with measures to get people back into work.  

Read this post

By James Fraser

15th March 2023

Spring Budget 2023: Research and Development (R&D)

The government has previously stated its intention to reform the tax relief that is provided to companies undertaking R&D and, in line with the last few fiscal events (Budgets and Autumn Statements), the Chancellor has added yet more changes to the relief for small and medium (“SME”) sized companies.

Read this post

By Andrew Mitchell

15th March 2023

Spring Budget 2023: Capital allowances changes

In his Spring Budget the Chancellor sought to boost investment through changes to the capital allowances regime.

Read this post

By Armstrong Watson

14th March 2023

Tribunal highlights SORN not sufficient to prevent treatment of vehicles as company cars

A recent tribunal case has highlighted that having no road tax is not sufficient to prevent the treatment of vehicles as company cars 

Read this post

By Armstrong Watson

1st March 2023

Understanding HMRC’s 60-day reporting requirement for residential property sales

If you are disposing of a residential property you may need to report the sale to HM Revenue and Customs 

Read this post

By Jonathan York

15th February 2023

You might be entitled to Business Asset Disposal Relief when selling your farm business

If you are considering selling part or all of your farming business you may be able to pay less Capital Gains Tax (CGT) if you qualify for Business Asset Disposal Relief (BADR). 

Read this post

By Armstrong Watson

15th February 2023

Stamp Duty Land Tax when buying farm property

The calculation of Stamp Duty Land Tax (SDLT) when buying additional farm property can be extremely complicated and where the purchase includes a residential property a number of issues can arise. 

Read this post

By Andrew Robinson

15th February 2023

How Basic Payment Scheme payments can impact your tax bill

While it can be complicated, there are two accounting policies for the recognition of BPS payments for tax purposes.

Read this post

By David Threlkeld

25th January 2023

Do I still have the correct structure for my business?

In light of recent tax changes, it might be worth considering whether a partnership or company is the most suitable way to operate your farm business.

Read this post

By Graham Poles

24th January 2023

Could these tax reliefs be under threat?

A recent report has claimed that a handful of tax reliefs, supposedly only available to the wealthiest minority of the population, cost the Government £4bn a year in lost revenue, – and suggests that they should be removed in the upcoming Spring Budget

Read this post

Enquiry Form

All content © 2020 Armstrong Watson. All Rights Reserved. Website by Simon Pighills.

Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU where a list of members is kept. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities. Unless otherwise indicated, either expressly or by the context, we use the word “partner” to describe a member of Armstrong Watson LLP or an employee of Armstrong Watson LLP in their capacity as such.

Armstrong Watson Audit Limited is registered to carry out audit work in the UK by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales, number 8800970. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Audit is a trading style of Armstrong Watson Audit Limited.

Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales, number 7208672. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU. Armstrong Watson Financial Planning & Wealth Management is a trading style of Armstrong Watson Financial Planning Limited. Armstrong Watson Trustees Limited is a limited company registered in England and Wales, number 84495656. The registered office is James Watson House, Montgomery Way, Rosehill, Carlisle, CA1 2UU.

MyRetirement is a trading style of Armstrong Watson Financial Planning Limited.

Armstrong Watson is a trading style of Armstrong Watson LLP, Armstrong Watson Audit Limited and Armstrong Watson Financial Planning Limited.