Home
Autumn Budget Analysis: Find out how the budget will impact you

Latest News

electric car charging

By Armstrong Watson

6th May 2022

New car market declines and outlook for 2022 is downgraded as supply issues continue

UK new car registrations fell by -15.8% to 119,167 units in April, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), with global supply chain shortages, and most significantly the continued lack of availability of semiconductors continuing to constrain the delivery of new vehicles.

Read this post
R&D tax savings

By Becky Bowness

5th May 2022

Don’t miss out on R&D tax savings

Research & Development (R&D) tax relief is one of the most generous corporate tax reliefs offered by the UK Government, but many businesses miss out as they wrongly believe they are not eligible to apply.

Read this post
Farmer business changes

By David Threlkeld

5th May 2022

More changes to National Insurance

There have been several announcements on changes to National Insurance (NIC’s) rules and rates over the last year or so. It is easy to lose track of these, here we review the changes and how they impact on individuals and businesses.

Read this post

By Armstrong Watson

3rd May 2022

Scottish Business Confidence - Activity is increasing, but confidence falling

The ICAEW recently published its Business Confidence Monitor (BCM): Scotland for Q1 2022, and the Royal Bank of Scotland (RBS) also released its PMI report for March 2022, both of which highlight that although Scottish Business activity and output is increasing, confidence is falling.

Read this post
Energy saving tax - spring statement

By Armstrong Watson

3rd May 2022

0% VAT for installation of energy saving technology

The Chancellor announced in the Spring Budget that the VAT rate applicable to the installation of energy saving materials and technologies will be reduced to 0%, from 1st April 2022 until 31st March 2027.

Read this post

By Richard Woolgar

2nd May 2022

Xero User News - Postponed VAT and the flat rate scheme, changes from 1st June 2022

From 1st June 2022 businesses using the flat rate scheme for VAT face changes to the way in which they must treat import VAT that will have financial and practical implications for how they prepare VAT Returns.

Read this post

By Armstrong Watson

26th April 2022

Featured Apps - Managing Staff Expenses: Why choose an expense App?

With the use of a mobile app, employees are likely to file their expenses more frequently, giving better visibility of your cash position. Automating the process means staff can spend more time on generating revenue instead of internal tasks.

Read this post
making tax digital deadline

By Richard Woolgar

26th April 2022

Making Tax Digital – VAT compliance

Over the last 3 years HMRC have started implementing their Making Tax Digital (MTD) VAT requirements, the gradual introduction has now concluded. Since the 1st of April 2022, it is a legal requirement for all VAT returns to be sent digitally and direct from software that provides a digital link for sales & purchases from sales system to return. If your business is not compliant, it is key to plan for changing this.

Read this post

By Richard Woolgar

20th April 2022

Xero User News - End of HMRC’s MTD soft landing period

When HMRC implemented Making Tax Digital (MTD) for VAT three years ago they allowed a soft-landing period for businesses to become fully compliant with the requirements of MTD. That period has now ended...

Read this post
rising costs energy plug

By David Richmond

14th April 2022

Navigating your business through the energy crisis

With energy prices at record rates in the UK, and experts not expecting a return to the levels we saw at the start of 2021 for some considerable time, many businesses will be looking at ways they can minimise the impact on their cashflow.

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.