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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..

14-08-2018
Limited liability for sole traders?
The Office of Tax Simplification (OTS) has updated its papers on the possibility of launching a Sole Enterprise Protected Assets (SEPA) business model for sole traders. SEPA status would allow sole Read more..

14-08-2018
Time to declare offshore assets?
HMRC has published a press release to remind taxpayers that the 30 September 2018 deadline to come forward and declare any foreign income or profits on offshore assets is fast approaching. This is the Read more..

14-08-2018
VAT on transfer of business as a going concern
The transfer of a business as a going concern (TOGC) rules consider the VAT liability on the sale of a business. Normally, the sale of the assets of a VAT registered or VAT registerable business will Read more..

14-08-2018
Duty free limits for travellers
Here is a reminder for travellers of their duty and tax free allowances whilst travelling this summer. Travelling to an EU country Where tobacco or alcohol is brought in from another EU country, no Read more..

14-08-2018
New counter-fraud squad
A new Government Counter Fraud Profession (GCFP) is to be launched on 9th October to help fight fraud in the public sector. The size of the challenge is immense with fraud in the public sector Read more..

14-08-2018
Intellectual property scam
The Intellectual Property Office (IPO) is warning taxpayers of a new intellectual property (IP) scam, where taxpayers receive unsolicited invitations from companies offering services to help them Read more..

14-08-2018
The Cycle to Work scheme and National Minimum Wage
There are special rules involving bicycles usually referred to as 'Cycle to Work' arrangements. The Cycle to Work scheme was introduced in 1999 to help promote the use of healthy ways to commute to Read more..

14-08-2018
HMRC interest rates
Following the recent increase in the Bank of England base rate to 0.75%, HMRC has announced changes to the rates of interest they charge. The new rates of interest charged on underpaid quarterly Read more..

14-08-2018
Corporation Tax computations
The Office of Tax Simplification (OTS) provides independent advice to the government on simplifying the UK tax system, with the object of reducing compliance burdens on both businesses and individual Read more..

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