Insights
Read all the latest insights, news and stories from the WR Partners world.
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.
Not so mini-Budget!
For a speech that lasted less than half an hour, Kwasi Kwarteng’s first “fiscal event” was certainly action-packed. Some of the measures had as ever been trailed well in advance, but there will still be plenty of surprises in what was, in effect, trickle-down economics writ large.
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.
Don’t Let Succession Affect Your Success!
Think about the future success of your farming business and work with your family and professional advisors to put a succession plan in place.
Proud award sponsors for the Powys Business Award 2022
With roots in Wales for many decades, we are honoured to be involved in the annual Powys Business Awards again this year as an award sponsor. We are pleased to recognise many shortlisted businesses at this year's event and look forward to joining everyone to celebrate on the night.
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.
The Tax consequences of Natural Capital Assets
A significant change is on the horizon as the Government and agricultural industry looks to reduce carbon emissions to become net zero.
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?
The Construction Industry Scheme – A Material Issue?
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...
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.
Postponed VAT Accounting system – Update from HMRC
HMRC have published an update re Postponed VAT Accounting and the statements used to support the VAT declarations.
Marches Growth hub grant schemes for Shrewsbury Businesses
There are grants that are currently available to businesses in Shrewsbury and the surrounding areas.