WSM Blog

Solicitors Accounts Rules 2018 – More changes on the way

The draft SRA Accounts Rules 2018 were published by the SRA on 14 June 2017. The main focus of the new rules is to keep client money safe rather than prescribing how firms must run their accounts.

Blog

Auto-enrolment – Are you up to speed with the changes?

Auto-enrolment has been with us for a number of years – the exact timing depending on each employer’s staging date. The Pensions Regulator confirmed recently that since its introduction 9.3m people are now investing in a private pension scheme as a direct result of auto-enrolment.

Blog

Cryptocurrency and Blockchain Series – The Blockchain Part 2

In the previous post we looked at the main features of the blockchain and how it works. To finish up with this blockchain mini-series, we will now look at a number of ways blockchain technology can be and is being used to enhance our lives.

Blog

Importance of Control Self-Assessment (CSA) to Organisations

CSA is an assessment of controls carried out by staff and management involved in the area or process being assessed to provide assurance to stakeholders, customers and other parties that internal control systems of the organisation are reliable.

Blog

The Long Road To Recovery -Why CVAs Fail

The move to try and remarket insolvency as a restructuring and recovery-based profession is in full swing. The championed recovery tool is a Company Voluntary Arrangements, allowing a company to continue to trade whilst addressing past liabilities.

Blog

Stamp Duty Land Tax – Good news for first time buyers

In order to help first-time buyers get on the property ladder the government announced in the Autumn Budget on 22 November 2017 a lower stamp duty land tax (SDLT) where they and the property they are buying meet the conditions for the new relief.

Blog

Encouraging House-Builders to Build

It has been widely publicised that Britain has a housing shortage. And it has been high on the agenda of politicians, the media and of course the current generation of 20-somethings that are unable to purchase their own home.

Blog

VAT Registration Freeze

The chancellor’s decision to freeze the VAT registration threshold of £85,000 for two years would have undoubtedly come as a relief for many small businesses.

Blog

Taxable Gains

The Chancellor announced in his Budget statement that he intends to bring gains made by non-UK residents from the disposal of UK commercial property within the UK tax net.

Blog

Changes to the annual tax on enveloped dwellings regime

The Annual Tax on Enveloped Dwellings (ATED) regime was introduced to tax companies holding UK residential property valued over £500,000. The ATED regime has now completed its first 5 year cycle and the fixed valuation date of 1 April 2017 will apply for the 2018/18 ATED filing period and the subsequent four ATED periods.

Blog