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30-03-2017
The future is here
We are proud to introduce the new Thompson Wright taxapp! At Thompson Wright, we are committed to providing you with all the information you require in an easy to understand format. Designed to Read more..

07-12-2017
Spring Statement 2018
The Chancellor, Philip Hammond has announced that he will deliver his Spring Statement to the House of Commons on Tuesday, 13 March 2018. This will be the first Spring Statement to take place Read more..

06-12-2017
Finance Bill 2017-18 is published
The Finance Bill 2017-18 was published on 1 December 2017 and runs to relatively modest 192 pages. The Bill contains the legislation for many of the tax measures that have been announced by the Read more..

06-12-2017
What happens to the 5p for a plastic bag?
HM Treasury has published an interesting response to a Freedom of Information enquiry that wanted to know what happens to the money raised from the sale of 5p plastic bags by retailers. HM Treasury Read more..

06-12-2017
Tax incentives to invest in qualifying assets
The Annual Investment Allowance (AIA) limit is a generous capital allowance that will more than cover the annual capital expenditure spend of many small and medium sized businesses. The AIA is a 100% Read more..

06-12-2017
Reminder of current tax relief for pension contributions
Many commentators had predicted that the Chancellor would further reduce the annual amount that can be saved into a pension as part of the Budget measures. However, these fears appear to have been Read more..

06-12-2017
Why don’t we still pay Class 2 NIC monthly?
Class 2 national Insurance contributions (NICs) are paid by self-employed taxpayers and members of partnerships if their annual profits are over £6,025. Class 2 NICs are payable at a flat weekly rate Read more..

06-12-2017
Tax win for Spurs
HMRC’s appeal to the Upper Tribunal over termination payments made to two football players employed by Tottenham Hotspur has been rejected. The case related to the tax position of termination payments Read more..

04-12-2017
Fit for Work referral and assessment service to be abolished
The government has confirmed that, as a result of “low referral rates”, its national Fit for Work referral and assessment service will come to an end in England and Wales on 31 March 2018 and on 31 Read more..

30-11-2017
Statutory maternity, adoption, paternity, shared parental and sick pay to rise from April 2018
In a written ministerial statement, the government has announced the proposed new rates for statutory maternity pay (SMP), statutory adoption pay (SAP), statutory paternity pay (SPP), statutory shared Read more..

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