Firm News

23 Feb 2021

Reduce your tax bill and increase your wealth by 5 April!

The end of the 2020/21 tax year will soon be upon us (5 April), but there is still time to review your financial and taxation affairs to try and reduce your tax bill. In this article, we give you some pointers on where you could reduce your personal tax bill, covering income tax, capital gains tax and inheritance tax. However, you will need to act now to implement any tax saving strategies before 5 April.

19 Jan 2021

What is an allowable business expense?

HM Customs & Revenue (HMRC) allow all businesses to claim allowable expenses against their income. Typically, an allowable business cost is deemed as something which is a critical cost for running your business.

13 Jan 2021

Update – COVID-19 Support for Businesses

As we go through the third national Lockdown with no foreseeable end date in sight, it is a worrying time for many businesses.

21 Dec 2020

Thank you to our team

As 2020 draws to a close, it is time to reflect on what has been a challenging year for all of us.

03 Dec 2020

Don’t miss important filing and tax deadlines

The effects of the coronavirus pandemic have been far-reaching for many businesses. Not only have many of them had to access government funding to stay afloat and change the way they operate, but some could now face fines and penalties due to not complying with relevant filing deadlines.

30 Oct 2020

FREE ‘Virtual’ Tax advice for Ilkley residents and businesses

Following on from the success of our free tax clinics which we ran 12 months ago, we’re delighted to be offering these again this November. However, due to the sudden announcement that West Yorkshire has been moved to the Tier 3 Coronavirus restrictions, we will now be running these clinics using our online video platform or over the phone.

22 Oct 2020

Helping our clients when they need us most

2020 has definitely been the year that caught everyone off guard. One way or another, we have all been affected by the effects of the Coronavirus.

24 Sep 2020

Don’t get caught out by new CGT rules on Property

Since April this year, property owners have been faced with new rules for reporting and paying any Capital Gains Tax (CGT) from the sale of residential property.

27 Aug 2020

How to minimise inheritance tax liabilities

We frequently get asked by clients (and non-clients!) how they can reduce the amount of tax which could be due on a family member’s estate. In this blog we give some tips on what steps can be taken to reduce potentially large inheritance tax (IHT) bills in the future.

13 Aug 2020

What next for landlords?

The year has already seen significant tax reform impacting the rental sector. Covid-19 only increases market turbulence. This Briefing explains what is changing and sets out options to help you plan for the future.

21 Jul 2020

How to improve cash flow in your business

The phrase "Turnover is vanity, profit is sanity, cash is reality" has never been more appropriate than in our current economic climate. Whilst some businesses have been able to turn the coronavirus situation into a trading opportunity, others are struggling to keep on top of things.

09 Jul 2020

Helping businesses come out of lockdown

The last few months have been hectic at Wilkinson & Partners helping our clients to access whatever government funding they could, in order to keep their business afloat.

Firm News Archive