Latest News

New Trust Requirements – Should my trust be registered with HMRC?

The Fifth EU Money Laundering Directive, commonly known as 5MLD, which took effect for trusts from 6 October 2020, then extended this requirement to now apply to the vast majority of trusts (even non-taxable trusts), unless specifically excluded.  

Spring Statement 2022 - Businesses

Whilst the support for Business was less apparent during Rishi Sunak’s Spring Statement, the focus was on consultation over the summer with a view to cutting taxes and encouraging investment for business in the Autumn.

Spring Statement 2022 - Individuals and Families

The Chancellor confirmed that from 6^th July he will raise the NIC threshold for employees and the self-employed, so that it matches the £12,570 income tax personal allowance, which will help many taxpayers who are currently facing a cost-of-living squeeze.

Spring Statement 2022 Overview - Capital, People, Ideas

As Rishi Sunak opened his Spring Statement his focus was understandably on the war in Ukraine and the devastating humanitarian impact.

Preparing for your year-end financial planning

As 5 April 2022 creeps ever closer, if you haven’t already, it is always good to try and get ahead with your year-end financial planning.

Autumn Budget 2021 - Personal and employment taxes

Tax Partner, Graham Poles, considers the implications of the Autumn Budget in relation to personal and employment taxes

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.

Proud to announce our new office in Newcastle’s City Quadrant

We're delighted with our continued growth in Newcastle resulting in the expansion from our original Quayside base to a larger office in Newcastle’s City Quadrant.

Latest survey shows worrying results for UK Hospitality Businesses

Over 350 business owners in the UK hospitality sector participated in our latest survey, with worrying results showing that 37% of business owners are considering closure or selling their business.

Are you facing a pensions challenge?

As the average life expectancy continues to rise, will you have enough pension savings to see you through your later years?