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Good practice principles – tips, service charges and troncs

09/01/2019

This guide is written for businesses in the hospitality sector whose customers choose to make payments of tips, gratuities and discretionary service charges. It is also intended to be an explanation of best practice for…

Over 600 businesses caught out by minimum wage rules

07/01/2019

National Minimum Wage (NMW) enforcement activity has reached new levels. During 2018, NMW was the second highest cause of HMRC compliance investigations, resulting in hundreds of businesses facing lengthy and costly reviews, fines, and large…

National Minimum Wage – are you sure you are compliant?

07/01/2019

National Minimum Wage (NMW) enforcement activity by HM Revenue & Customs has reached new levels. During 2018, only offshore tax avoidance enquiries exceeded those into NMW compliance, resulting in many businesses facing lengthy and costly…

More tax changes for non-resident UK property owners

04/01/2019

Non-resident individuals and non-resident companies and their shareholders face a raft of new changes that will bring nearly all UK property – whether residential or commercial, held personally or indirectly, such as via limited company…

Hospitality update – Christmas 2018

19/12/2018

Whilst you would be forgiven for thinking that Government has fallen into paralysis on everything apart from Brexit, the last few days have seen a raft of announcements regarding the National Minimum Wage (NMW) and…

Charities alerted to risk of fraud through Christmas gift cards

17/12/2018

Reports made to Action Fraud have highlighted fraudulent impersonations of CEOs and senior figures within charities. New reports have discovered charities being contacted by fraudsters impersonating the charity’s CEO, or a similar senior person, requesting…

The gold standard

29/11/2018

WMT is a member of Xero cloud accounting’s Partner Programme and are delighted to announce that we have been awarded Xero gold status. But what does that mean for you? With the April 2019 deadline…

WMT announced as one of the top 20 accountancy firms in Hertfordshire on Twitter.

26/11/2018

A recent poll from Hertfordshire tech company, Lumina Technologies, has recognised WMT as one of the top 20 accountancy firms to follow on Twitter. Lumina Technologies provides IT support and outsourcing solutions for businesses across…

Cyber security alert

15/11/2018

A number of local banks have advised us of a cyber security risk that has come to their attention. The risk involves hackers sending emails to advise an organisation has changed its bank details. The…

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