Home

Latest News

By Jonathan York

20th June 2021

Tax issues for farmers who diversify into holiday lets 

The demand for self-catering holidays is only growing but what are the tax issues that arise from diversifying into holiday letting?

Read this post

By Sally Jones

16th June 2021

Tax Investigations in the Hospitality Sector

Will the hospitality sector be a target for the Government when replacing depleted funds due to COVID?

Read this post

By Graham Poles

8th June 2021

Is the Coast Clear?

Is the coast clear for business owners and, in particular, caravan and holiday park owners in relation to Capital Gains Tax (CGT) and Inheritance Tax?

Read this post

By Scott McIver

3rd June 2021

One third fall foul of new Capital Gains Tax rule

Were you hit by the new strict rules around Capital Gains Tax? Read more about how to avoid penalties..

Read this post

By Matthew Hutton

2nd June 2021

Is your brewery or distillery eligible for Research & Development Tax Relief?

Innovation is a top priority in the brewing and distilling industry and there are corporation tax incentives available through the R&D Relief Scheme. 

Read this post

By Armstrong Watson

1st June 2021

Survey highlights businesses’ struggles following third lockdown and impact of Brexit

Recent research by the Association of Practising Accountants (APA) found that many businesses are still struggling with the impact of Covid-19 and the uncertain economic outlook

Read this post
Agri - Capital Allowance

By David Threlkeld

13th May 2021

Capital allowances tips and traps

A common question from farming clients is, “why is my taxable profit different to my accounting profit?” There are a number of possible answers, but the most common one is the way the purchase of machinery and equipment is dealt with:  

Read this post
Slurry Tractor

By Keith Johnston

12th May 2021

Slurry storage costs - what qualifies for capital allowances?

 A Slurry Investment Scheme is due to be introduced in 2022 for farming businesses looking to upgrade or invest in new facilities.

Read this post
farm worker

By Jonathan York

10th May 2021

Don’t be caught out by HMRC on farm contractors

Jonathan York outlines the rules around IR35 for your farm contractors and explains why it is the farm owners responsibility to determine the employment status of those individuals.

Read this post

By Armstrong Watson

6th May 2021

Ultimate Crypto Currency Tax Guide

If you're considering investing in cryptocurrency our expert Grant Smith warns of the tax implications as HMRC does not recognise cryptocurrency as a currency and any gains will be subject to taxation.

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.