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Using laptop with world map of coronavirus

Covid-19 Government Assistance

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

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

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

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 Upload

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

No Deal Brexit

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

Pension Plan

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

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

Digital business tools

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

tax efficient life insurance

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

Hand Picked

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

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