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

Latest News

By Graham Poles

26th June 2024

3 important tax tips for university students and their parents

Income Tax on student earnings, funding your children through university or purchasing a student house are three tax planning points of which you should be aware if your children are heading off to university or already undertaking their studies. 

Read this post

By Karen Rae

24th June 2024

Charity Trustees: six main duties and responsibilities

As a Trustee, you, alongside your fellow Board members, have overall control of a charity and are responsible for ensuring that it fulfils its charitable purpose and undertakes the activities it was established to do.

Read this post

By Jonathan Lewis

20th June 2024

Family Business Report 2024: Managing cashflow and navigating growth amidst inflation

The majority of family and owner-managed businesses are concerned about inflationary pressures on costs over the next 12 months, according to the latest survey by Armstrong Watson. How will businesses look to nagivate cashflow and fund their growth? 

Read this post
charity-challenges

By Ann Probert

18th June 2024

3 challenges facing charities in 2024 and how to address them

Increased operating costs, increased legal obligations and cyber security threats are amongst the variety of challenges currently facing charities and those in the not for profit sector.

Read this post

By Matthew Hutton

18th June 2024

How can hospitality businesses prepare for the Tipping Act 2023

Hospitality businesses need to prepare for new rules that are due to come into force to ensure all ‘qualifying tips’ given by customers are fairly and wholly distributed to qualifying employees and agency workers.

Read this post

By David Threlkeld

13th June 2024

Will Furnished Holiday Letting tax reliefs be abolished or not?

Holiday let owners braced for increased tax bills now face a period of uncertainty about when - and if – the favourable Furnished Holiday Letting regime will be axed.

Read this post

By Steve Williams

13th June 2024

Independent examinations for small charities

With the noise around changing audit thresholds, trustees of smaller charities may be thinking “what about me?” The article considers how trustees can obtain accountability and support even when a charity is below the audit threshold.

Read this post
car-dealership

By Steve Preston

12th June 2024

How will changes to Financial Reporting Standards impact automotive businesses?

The Financial Reporting Standard (FRS 102) applicable in the UK and the Republic of Ireland is evolving. Whilst amendments are not yet final, when implemented, there is likely to be a significant impact on automotive businesses in relation to Lease accounting.

Read this post

By Graham Poles

12th June 2024

HMRC update serves as reminder of guidance to determine tax status of LLP salaried partners

HMRC has made changes to the provisions that determine the tax status of partners of Limited Liability Partnerships (LLP). While it has caused some concern, the update to the Salaried Member Rules is not a change in legislation – it simply gives insight into HMRC’s interpretation of current legislation and serves as a reminder to LLPs about the guidance they must follow for salaried members.

Read this post

By Richard Woolgar

29th May 2024

Family Business Report 2024: 11% of businesses embraced AI but more likely benefit without realising

Artificial Intelligence (AI) is playing an increasingly significant role in modern business operations, often without business owners even realising it.

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.