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New rules for Companies House reporting – Part 2


Important changes for directors There are a number of measures in the Small Business Enterprise and Employment Act 2015 affecting company directors and those who influence or instruct them. Quick facts: Under the new Act:…

The Charities SORP (FRS102) – disclosures required for larger charities


Following our recent article on the revisions to the Statement of Recommended Practice (SORP) 2015 we thought it would be useful to provide a reminder of the main additional accounts disclosures required from larger charities.…

Things to think about before the end of the tax year


Whilst all the usual end of year tax tips still apply (that is, using up tax free allowances and making sure you have taken advantage of all available reliefs), this year there are also some…

Alert for all companies holding residential property: Are you aware of the ‘enveloped dwellings’ tax regime?


UK residential property classed as an ‘enveloped dwelling’ and valued at over £500,000 will be liable for an annual tax charge from 1 April 2016. Those affected must file their returns and pay the tax…

Digital filing of accounts for charities


The Charity Commission and the Financial Reporting Council have launched the new taxonomy for charities reporting under the Statement of Recommended Practice (SORP) 2015 (FRS 102). This will make it possible for charities to file…

New rules for Companies House reporting – Part 1


Keeping a register of people with significant control Quick read Companies will have to keep a register of people who have significant control over the business from 6 April 2016 and submit it to Companies…

Revision to the Charities Statement of Recommended Practice (SORP)


Just as many charities are preparing, or are planning to prepare, their first accounts under the revised Charities SORP, a number of amendments have been issued. The changes are mandatory for periods commencing 1st January…

How to get bankers to say ‘yes’ to your real estate funding requests


This month’s Real Estate Around London (REAL) networking event for property professionals drew quite a crowd. They came to hear NatWest’s John Gillen as he drew on his 35 years of banking experience to explain…

Happy anniversary Xero!


On the 10th February 2011 WMT became a Xero partner. This week, as our team enjoyed Xero’s annual Xerocon London conference, we were delighted to be celebrating 5 years of Xero and took some time…