A full range of business support measures have been made available to UK businesses due to the COVID pandemic. We thought it would be useful to recap what is available to make sure that all areas of support have been … Read More
Uncategorized
UK to EU Sales Post Brexit
From January 2021 the tax implications of the export and import of goods between the UK and EU changes fundamentally due to Brexit. For businesses with a small volume of exports to the EU, the choice from 1st January 2021 … Read More
Corona Virus Bounce Back Loans
We’d hoped that the Government would help small businesses get finance more easily during the crisis and the new Coronavirus Bounce Bank loans that were announced today sound a good option to access finance.. These launch on the 4th May … Read More
Delay to IR35
We are waiting for official confirmation, but it seems the changes to IR35 have been delayed until April 2021.
Budget 2020 – Key Points
The Spring Budget 2020 was largely overshadowed by reaction to the economic impact of coronavirus and there was no attempt at major tax reform. You can read about the measures for corona virus here Our key points are below: Personal Tax … Read More
No deal Brexit: EORI numbers
With the country heading for a no-deal Brexit, it’s important to highlight the importance of EORI numbers (Economic Operator Registration and Identification number). Previously these numbers have only be relevant for imports and exports of goods (not services) outside the … Read More
Excel Photo Uploader
At WLCA we love new technology. Did you know that you can now use the Excel app on Android and iOS to import spreadsheets and tables into the app using the camera? … Read More
Impact of No Deal Brexit
With the prospect of a no deal Brexit now more likely, every UK business needs to understand the impact of leaving the EU without a deal in place at 11pm on 29th March. If your business has exposure to any … Read More
Why it makes sense to pay a pension out of your Limited company
If you are the director of a limited company there can be tax advantages of making pension contributions directly from the company rather than personally. For directors that can take a mix of salary and dividends from their limited company, … Read More
Budget 2018 – Key Points
The Autumn Budget 2018 was heralded by the government as the end of austerity. With less than six months to go until Brexit, borrowing still increasing and the terms of a deal still not reached that is an ambitious statement. However … Read More
The Digital Practice – building a modern accountancy firm
Looking forward to speaking at the Southport ICAEW Members’ Forum on “The Digital Practice – building a modern accountancy firm” on 12 September. It’s going to be a great session, so if your interested in coming along please book using … Read More
Reduce your corporation tax bill with tax efficient life assurance
While most turn to contracting for the benefits it brings like flexibility in working hours, high day rates and income, it’s also true that Contractors lose out on a lot of the benefits that being ‘traditionally employed’ offers. Benefits like … Read More
We are now a Handpicked Accountant
Helping business owners and directors connect with accountancy firms in the Ormskirk area, Handpicked Accountants is an initiative championed by Begbies Traynor Group plc, giving businesses the confidence to choose an accountant they trust to deliver an exceptional service. Handpicked … Read More
MTD Penalties: points based
What do points mean under MTD? Penalties! It’s enough to have even given Brucie a headache!! HMRC are changing how the current penalty regime works and introducing a points based system of late filing penalties. This is expected to come … Read More
New Government Fund for Small Business
Could your business benefit from the new £8 Million government fund for small businesses? Find out more at our link #wlca #sme #smallbusiness #funding
Alternatively if you are looking for finance for your business then we can help, see Access to Finance
Ormskirk Accountant
Looking for an accountant in Ormskirk? If you are looking for an accountant in Ormskirk then you’ve come to the right place!! West Lancs Chartered Accountants cover clients in Ormskirk, Lancashire and wider afield. We’ve been operating since 2013 and moved … Read More
Do I need a Chartered Accountant?
Who needs a Chartered Accountant? Mega corporations? Millionaires? Yes, they all need Chartered accountants. But so do normal people. For every Chartered Accountant who specialises in the affairs of the very rich, there are dozens who deal with the tax … Read More
Cost of an accountant
How much do small business accountants cost? How much an accountant charges for a small business accountant is a million dollar question!! Google it or look on other accountants websites and you’d have more luck searching for the Holy Grail … Read More
Late Payments
Need help managing cash flow? Late payments continue to be a big problem for small businesses, and it looks like things are only getting worse. Contact us to see if we can help your business recover cash more quickly