Latest news

WMT announced as finalists at the 2017 SME Hertfordshire Business Awards


WMT Chartered Accountants are delighted to announce nominations in not one, but two categories at the forthcoming SME Hertfordshire Business awards. The annual awards recognise hard-work, determination and enterprise in business. WMT are one of…

UK businesses confident in prospects for business


Business confidence has turned positive for the first time since the EU referendum, according to the ICAEW business confidence monitor for quarter 2 (Q2) of 2017. Confidence is highest in industries with strong export expectations…

Making Tax Digital for business


Under proposed new rules for Making Tax Digital (MTD), it is likely that from April 2018, some property landlords, self-employed individuals and unincorporated partnerships will need to file quarterly information to HMRC using HMRC approved…

Measures that matter


What gets measured, gets managed. And what gets managed gets better. Key Performance Indicators (KPIs) are intended to measure success and highlight areas that you can act on to improve performance. But without knowing what…

Patent Box tax saving opportunities


Last year the Patent Box regime saved businesses £875m in corporation tax, a 17% increase in savings from the previous year. But could the tax breaks become even more attractive post-Brexit? The Patent Box regime,…

Year-end matters for employers – what you need to know


Following on from our previous pre-year end briefing on employment matters and the changes to the P11D regime for the tax year 2016/17, it is now time to deal with certain matters now that the…

Making the most of new tax free allowances for trading and property income


Two new tax-free allowances for trading and property income were introduced on 6 April 2017. The government has since published more detailed guidance on how to claim the allowances to provide clarity to those it…

Flat Rate Scheme: Changes for limited cost businesses


HMRC have updated their Flat Rate Scheme VAT notice to provide some much needed further guidance for businesses who use the scheme. The revised notice replaces the November 2016 edition and includes the limited cost…

Tax rates and allowances 2017/18


Keep an eye on current tax rates and available reliefs with our handy tax card. To view our 2017/18 tax card please click here.