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By Armstrong Watson

1st June 2023

2023 VAT fuel scale charges - now published

It’s that time of year when HMRC publishes the VAT fuel scale charges for the next 12 months.

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By David Hush

31st May 2023

Individual Insolvency Statistics January – March 2023

During Q1 2023, the Insolvency Service reported that there were 29,017 individual insolvencies. These comprised of 20,246 Individual Voluntary Arrangements (IVAs), 7,034 Debt Relief Orders (DROs) and 1,737 bankruptcies. 

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By Ann Probert

31st May 2023

HMRC and Time to Pay agreements – advice for directors

The availability of working capital is a real problem for companies in these challenging financial times. Time to Pay (TTP) arrangementrs allow viable companies who cannot pay on the due date to make payments to HMRC over a period that they can afford.

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By Armstrong Watson

30th May 2023

The McCloud remedy and its impact on the calculation of pension losses within personal injury and fatal claims

Historically public sector pension schemes were defined benefit schemes, with pension benefits determined by final pensionable salary. In 2015, the Government reformed public sector pension schemes, introducing Career Average Revalued Earnings (‘CARE’) pension schemes. 

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By Armstrong Watson

25th May 2023

Experienced Audit and Assurance Director joins Armstrong Watson

Armstrong Watson LLP, Accountants, Business and Financial Advisers are delighted to announce that Huw Nicholls has joined the team as an Audit Director.

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By Glenn Clifford-Perkins

25th May 2023

7 tips to help your hospitality business through the summer season

With the holiday season now revving up, how can business owners in the hospitality sector tap into the increased voracity for socialising when faced with pressing challenges like the cost of living crisis? 

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By Emma Copley

25th May 2023

What type of pension do you have?

There are many different types of pension that you might come across, but the majority typically fall into one of these; Defined Contribution (DC), or Defined Benefit (DB). It’s worth understanding the basics of how these work, as it will have an impact on the options available to you, as well as how you plan to access your retirement benefits when you are ready to retire. 

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By Armstrong Watson

25th May 2023

Armstrong Watson Financial Planning and Wealth Management appoints new Managing Director

Armstrong Watson Financial Planning and Wealth Management is delighted to announce it has a new leader at the helm.

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By Armstrong Watson

23rd May 2023

New Head of Advice for Armstrong Watson Financial Planning and Wealth Management

Armstrong Watson is delighted to announce that Penrith-based Senior Financial Planning Manager, Justin Rourke, has been promoted to Financial Planning Director - Head of Advice.

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By Armstrong Watson

17th May 2023

How can businesses cope with rising interest rates?

Higher costs of borrowing – as a result of the Bank of England’s decision to raise interest rates to 4.5% - will make it more expensive for businesses to finance their operations but steps can be taken to try to mitigate the impact. 

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