Here, Tracey provides an overview of the Pensions (Extension of Automatic Enrolment) Act 2023.

The UK Economy: Light at the end of the economic tunnel

Despite the turbulent times that have befallen the UK economy over recent years, experts are reporting a positive outlook. The impacts of coronavirus, Brexit and wider supply disruptions may still be taking their toll but businesses, families and property owners can remain confident

From 1 April 2023, eligible non-domestic customers who have a contract with a licensed energy supplier will see a unit discount of up to £6.97/MWh automatically applied to their gas bill and a unit discount up to £19.61/MWh applied to their electricity bill. Businesses benefiting from lower energy prices (i.e., businesses with unit prices of less than £107/MWh for gas and £302/MWh for electricity) will not receive this support.

WR Partners have donated £500 to a Crowdfunding campaign set up to help Shrewsbury Amateur Swimming Club secure its future.

WR Partners have promoted three senior managers in the Rural and Estates team to the position of director. Through their continued exceptional performance Kathryn Rawlings, Tim Taylor and Claire Smith all take on the new role. They will be working with the team to maximise its potential and focusing on future growth plans as well as offering the best possible client service.

The tax consultancy team at WR Partners has used their expertise to help two businesses complete complex transactions in recent months.

It’s an exciting time for WR Partners, who have expanded the business by bringing in new experts in a variety of areas. Amongst these new additions is Nia Thomas, who has joined WR Partners to expand the Tax team and offer advice to local businesses.

WR Partners is delighted to welcome Chris Speakman to our audit team. Chris joins as a Director after leaving his last role of nine years at a large national practice. He brings with him over 20 years of experience within audit and related services and has proven people development and growth skills

Tax legislation is clear on the definitions of a building and what qualifies for plant and machinery and integral features, however this became something HM Revenue and Customs wished to challenge in a recent tax case, that the taxpayer successfully defended and won…

Anyone operating as a contractor or a subcontractor in the Construction Industry will be familiar with the Construction Industry Scheme (“CIS”). As those affected will know payments made to subcontractors within the CIS can be subject to a deduction of tax by the contractor...

HMRC have published an update re Postponed VAT Accounting and the statements used to support the VAT declarations.

We have produced a useful guide which covers some of the key considerations for those buying or selling a business.