Latest News

Farm Landlords and Tenants - The Tax Issues

There are various tax issues that arise in relation to transactions between landlords and farm tenants. Regardless of which side of the transaction you are on, it is important to understand both points of view.

Stamp Duty Land Tax on commencement

This is often overlooked, but can be payable by the tenant. The calculation is complicated but fortunately there is a calculator on HMRC’s website which works out the Net Present Value of the rents payable. If the answer is more than £150,000, the SDLT payable is 1% of the excess.

Don't Take the State Pension for Granted

There have been several changes to the state pension system in recent years. This article will explain the current rules and hopefully alert to pitfalls which may result in lower amounts being received when reaching state pension age.

Introducing a new wave of modern Beer Bars with a true Yorkshire heritage

North Brewing Co was founded in 2015 by John Gyngell and Christian Townsley, the brains behind legendary Leeds beer venue North Bar, which opened in 1997.

Making Tax Digital – kicking the can down the road

The Spring Statement reveals delay's to Making Tax Digital for Income Tax and Corporation Tax.

Spring Statement Summary

“Squeezed between the drama of this week’s Brexit votes it would be easy to have overlooked that the Chancellor today made his Spring Statement. This is not a Budget as we know it; that now takes place in the Autumn and is when the annual tax and spending announcements are made. The Spring Statement is an opportunity for the Chancellor to update on the overall health of the economy and the Office for Budget Responsibility’s (OBR) forecasts for economic growth, and the public finances.

Yorkshire Team Shortlisted for 4 Awards

Armstrong Watson's Yorkshire team has been shortlisted for an impressive 4 categories at this year's Yorkshire Accountancy Awards.

SRA Accounts Rules compliance: Impact of New Rules

Legal Sector Audit & Assurance Director, Huw Nicholls, answers the most common questions around SRA Accounts Rules complaince, particularly around how the new rules may have an impact on such things as accounting processes and the definition of client money.

Spring Statement - Predictions and Hopes

Spring Statement predictions and hopes... 

New Welsh Rate of Income Tax

With devolution comes different rates and ways of operating the tax system for our employees. However, unlike Scotland (SRIT) the Welsh Government only have powers to amend the rates of Income Tax and not the thresholds. The new powers come into force from 6 April 2019 but thankfully for the 2019/20 tax year, the rates will remain i.e. 20%, 40% and 45% as per the rest of the UK.  

Tech, Talent and Trade for Manufacturers

Learn about manufacturing trends, challenges and opportunities, including R&D Tax Credits and Capital Alllowances at 3MB Innovation Centre Huddersfield.