Category: News

News stories

Rising national living wage hits SME profits

64% of small businesses are seeing profits fall as a result of the national living wage (NLW) rise, according to research. The NLW increased from £7.20 to £7.50 per hour on 1 April 2017. Out of 835 businesses surveyed by

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Buy-to-let property

PWAS_Aug17_Buytoletproperty.pdf– Click to download this article as pdf file. A guide for individual landlords on the recent tax changes. Whether you own one or 50 let properties, you need to be aware of the tax changes that have already started

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Managing the digital revolution

PWAS_Aug_2017_Managing_the_digital_revolution.pdf– Click to download this article as pdf file. Ensuring the smoothest transition for your business. Making Tax Digital (MTD) will mean most businesses and taxpayers access their tax affairs online through digital tax accounts in the near future. But

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Businesses prepare for data protection changes

Businesses are preparing for the General Data Protection Regulation, which comes into force from 25 May 2018. All businesses holding personal data will need to ensure their procedures are fit for purpose and compliant when the new rules take effect

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Padam Walburn takes on it’s first employee

In July 2017  Jodie joined the team as Manager. Jodie brings with her over a decade  of experience in the field, specialising in the accounts of Dental and Veterinary Practices.  Jodie started working for Hazlewoods in 2006 and has acted

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Salary or Dividend

PWAS_Jul_2017_Salary-or-Dividend.pdf– Click to download this article as pdf file.   What combination of salary and dividend should you take in 2017/18? As the owner and director of your own company, you can choose how and when to extract funds from

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Planning your retirement

PWAS_Jul_2017_Planning-for-retirement-4.pdf – Click to download this article as pdf file.   Whatever your age, it’s never too late to start saving to retire. It’s more important than ever to start your retirement planning from an early age, however dull a prospect

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Second payment on account deadline reminder

The second annual deadline to submit advance payments towards your self-assessed tax bill for the previous year is due on 31 July 2017. ‘Payments on account’ take place every six months – on 31 January and 31 July – and

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Staff fear working beyond 65

The number of employees who think they will work beyond the age of 65 is at a record high, according to research by Canada Life Group. Out of 1,000 workers surveyed, 73% are expecting to work past the age of

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Employers back employment law rights

Employers are in support of the current employment law rights as negotiations to leave the European Union continue. The CIPD asked 500 employers about the 28 areas of employment law and found the majority thought all areas were necessary. Legislation

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