Latest News

Spring Budget 2021 – The Not for Profit Sector

Rishi Sunak, the Chancellor of the Exchequer, unveiled his Spring Budget in the House of Commons last week, with an extension to the furlough scheme and social investment tax relief amongst the biggest announcements affecting charities and voluntary organisations.

Armstrong Watson acquires North East accountancy firm

Armstrong Watson has strengthened its aim to be the 'go to' accountancy firm for family and owner-managed businesses across the north now that it has acquired another successful, long-standing North East practice. 

Hexham-based accountancy firm Patricia J Arnold & Co has found the perfect match in Armstrong Watson as a business that will continue to provide a personalised service for its clients.

Read our Spring Budget 2021 full analysis

Here's our post-Spring Budget Analysis from our accounting, tax, payroll, financial planning, corporate finance and hospitality teams

Spring Budget 2021 - Welcome relief for the hospitality sector 

With hospitality businesses largely closed until 12 April and restrictions thereafter, the Chancellor has announced a range of support for hospitality businesses that will provide welcome relief and some certainty for the future.  

Pre-year end planning for farmers

Tax Director, Keith Johnston outlines the key considerations to end of year tax planning for farmers

Will your farm business be ready for making tax digital transition

Andrew Robinson encourages farmers to prepare their farm businesses for Making Tax Digital and highlights the time and money-saving benefits in the long-run.    

Xero User News - How you submit your VAT return is changing

If your taxable turnover is over £85,000 then you should by now have signed up to Making Tax Digital (MTD) and be submitting your VAT figures using the MTD VAT return in Xero or other compatible software.

Xero User News - Check and Update your Xero Connection to HMRC VAT

Under Making Tax Digital (MTD) businesses need to grant permission for their accounts software providers to access their HMRC data and this permission must be updated every 18 months.

Xero User News - Changes to the Construction Industry Scheme – Domestic reverse VAT charge

After being postponed twice, 1st March 2021 finally sees the introduction of the domestic reverse charge on building and construction services. 

Hospitality businesses – certainty and further funding needed

Richard Andrew reviews the support measures in place for hospitality businesses and looks at what the future holds once lockdown has been lifted.