Blog

Cape Wrath Films

WSM is involved in providing accounting, VAT and payroll services to Cape Wrath Films Limited, an independent film production company who have been making a new feature film called ‘Edie’.

Blog, News

The Higher Rate

The SDLT premium rate has been with us since 1 April 2016. It is in effect a tax on second homes, but there are some exemptions and also some unintended consequences to consider.

Blog

MTD – An Update

In a rush to pass legislation before the election break the Finance Bill was trimmed to remove the more controversial sections. MTD was one of the sections removed and there is no automatic method of this being included in the next Finance Bill.

Blog

May Triggers Article 50 – So What?

There have been so many column inches, numerous news updates and so much political chatter about the momentous event but when it came to it, it was something of a let down.

Blog

Are Losses Now Good News?

Originally announced in Budget 2016, the Government has confirmed the changes it is making to the way companies can benefit from the use of losses brought forward from an earlier period. There are two reforms that are coming into force with effect from 1 April 2017

Blog, News

MVL Season

March is traditionally the month of the year when the number of members’ voluntary liquidations (MVLs) is at its highest. The procedure results in returns to shareholders being made, either as surplus cash or as other assets owned by the company.

Blog

Europe Fides 2017

The wall to wall media coverage of Brexit is not solely a UK phenomenon

Blog

Europe Fides AGM Brussels 2017

Friday was an interesting day of seminars. We started off with Brexit

Blog, Business Clients

VAT Flat Rate Scheme

HMRC have introduced a new VAT flat rate percentage of 16.5%.

Blog, Business Clients

Playing by the same rules

The Chancellor made a further commitment in his Autumn Statement to promote fairness in the tax system, ensuring that everyone ‘plays by the same rules’.

Blog, Private Clients