Insights
Read all the latest insights, news and stories from the WR Partners world.
Alternative exits
Many business owners we talk to are, frankly, absolutely exhausted after the last six years – in fact the last six weeks have been pretty tiring! For many, thoughts are turning to whether now might be the time to hand over the keys to their business, bank a (hopefully) large cheque and retire gracefully (or in some cases disgracefully!).
The mini-Budget that (almost) never was…
So, following the mini-Budget that wasn’t really a Budget, and before the Medium-Term Fiscal event on 31 October, we have now had the new Chancellor deliver an emergency financial statement…
Finding those silver linings amongst all the clouds
I have worked as an accountant for the last 22 years, but the last 6 years or so have been completely unprecedented for business owners in the UK…
Setting up EU subsidiaries – not all plain sailing?
Immediately after the Brexit referendum, there was a surge in UK companies setting up subsidiaries based in the EU. The logic in many cases was that this would provide a foothold in the EU…
Win a VIP day at the ITF World Tennis Tour W100 in Shrewsbury!
We are thrilled to announce that we are co-sponsors of the 'Advantage Shropshire' night at the ITF World Tennis Tour W100. Click here to find out how to enter…
Why Companies Need to Be Paying More Attention to Their Data
Tax processes in the UK have undergone significant changes in recent years, from adjustments due to the Covid-19 pandemic, to the implementation of tighter rules meant to crack down on tax avoidance.
Option Agreements – Purchasing Land
Imagine a developer identifies a plot of land he or she believes has significant future development potential but obtaining planning may not be guaranteed. The developer may be apprehensive about buying the land, but they would still want an interest in the land to give sufficient security in order to outlay planning costs.
Business Energy Support Scheme
The government has announced further details of its energy support scheme for businesses and other non-domestic organisations such as schools and charities. The support will run from 1 October 2022 to 31 March 2023 and will be automatically applied to bills.
Can your business make use of ‘Help to Grow: Digital’?
Help To Grow: Digital is a government backed, UK-wide scheme that supports eligible SMEs to choose, buy and integrate software into their business.
Tax cutting mini budget expected on 23 September
It has now emerged that a mini budget to deliver tax cuts promised by Liz Truss during her leadership campaign will take place on Friday 23 September.
WR Partners are proud sponsors of Darren Edwards’ World Marathon Challenge
The team at WR Partners is honoured to sponsor Disabled Adventurer Darren Edwards, who will embark on the gruelling 777 World Marathon Challenge to raise funds for the Armed Forces Para-Snowsport Team.
How the additional bank holiday for Queen’s funeral will impact annual leave entitlements
The date of the funeral of Her Majesty Queen Elizabeth II has been confirmed as the 19th of September 2022. It has also been declared a Bank Holiday for the UK and therefore employers need to consider what this means for their employee’s annual leave entitlements.
In memory of David Jones
Our Partner and colleague, David Jones passed away on Saturday 27th August and we would like to take this opportunity to remember his contribution to WR Partners over an expansive 30 year career.
A price cap freeze is expected to help businesses’ energy costs
On Thursday 8th September, just prior to the breaking news from Buckingham Palace, it was announced that help is on the way for businesses in respect of an expected price cap freeze.
Should I get an electric car?
One of the most asked questions being raised at the moment is “should I get an electric car through my limited company?” In recent years it's become clear having a conventionally powered company car as part of your company remuneration is not always a good idea – both from a tax perspective and from a sustainability angle.
Time to consider best use of various tax-efficient farming arrangements
Recently, our farming clients have not had significant changes to Inheritance Tax (IHT) and Capital Gains Tax (CGT) reliefs. However, the tax landscape and HMRC approach to tax collection is on the move, so it is time to consider the best use of various tax-efficient farming arrangements.
What can I do to help my employees as they tighten their belts?
Giving gifts to your employees can be a great way to increase engagement and raise the overall morale of your team, especially as we all feel the effects of rising costs. But how much can you give before there are tax implications?
Staycations – could this be a business opportunity?
Landowners may be drawn to the possibilities of adding a new profitable income stream to existing businesses, this brief checklist may help those in the early or later stages of moving into this sector.
Marches Growth hub grant schemes for Shrewsbury Businesses
There are grants that are currently available to businesses in Shrewsbury and the surrounding areas.