Latest News

HS2 costs continue to rise

HS2 costs continue to rise The cost of the high-speed railway HS2 has increased again just two months after construction officially began. The main reason for this is because more asbestos than expected has been discovered. This news became apparent to the government...

WFH Tax Relief: Employees can reclaim £129.60

HMRC launch microservice to aid employees working from home as a result of COVID-19 reclaim expenses HMRC has simplified the process for applying for working-from-home tax relief due to an influx of applications, with more people working from home as a result of the...

Are Solicitors more Affordable than People Think?

The Solicitors Regulation Authority (SRA) has recently conducted a survey of 3,539 users of legal services. The survey found that only 10% of consumers believed that solicitors were an unaffordable option once they had accessed information on price. This figure was...

State Pension Age Increases – Start Retirement Planning Now

State pension age increases to 66 years’ old It's Official! From 6 October 2020 men and women in the UK will now have to wait until their 66th birthday to receive their state pension. UK residents born between 6 October 1954 and 5 April 1960 will now receive their...

Natasha Fathers is appointed as Director of HWM

Natasha Fathers Appointed Director of HWM The Directors of Hawsons Wealth Management Limited voted unanimously to promote Natasha Fathers Chartered ALIBF AdvDipFA PETR CertLTCP to Director and welcomed her to the Board. After 5 years with the company, she has...

HLB Communities Day – Food Bank Collection

HLB Communities Day Today our international network HLB is holding its annual communities day in an effort to support local communities during their COVID-19 recovery. In previous years Hawsons staff have had a day out volunteering at various local charities across...

EC VAT, Post Transition Period Guidance

HMRC has published new guidance for VAT issues after the transition period ends.   IMPORTS Postponed VAT accounting. Most businesses will use postponed VAT accounting for Imports (this will include goods from the EC which are currently called acquisitions)....

VAT and Deposits – HMRC Updated Guidance

VAT and Deposits  HMRC has recently issued new guidance on the subject of deposits, which will have an application to many businesses. A “deposit” is generally used to describe any payment received in advance of the making of a taxable supply.  For example, a deposit...

Self-Assessment Tax Returns 2019/20 – Take Action Now!

Upcoming Self-Assessment Deadlines There are a number of upcoming deadlines for Self-Assessment taxpayers: Registration for Self-Assessment: 5 October 2020 Submission of paper tax returns: 31 October 2020 Submitting of electronic tax returns: 31 January 2021 Payment...

HS2 costs continue to rise

HS2 costs continue to rise The cost of the high-speed railway HS2 has increased again just two months after construction officially began. The main reason for this is because more asbestos than expected has been discovered. This news became apparent to the government...

WFH Tax Relief: Employees can reclaim £129.60

HMRC launch microservice to aid employees working from home as a result of COVID-19 reclaim expenses HMRC has simplified the process for applying for working-from-home tax relief due to an influx of applications, with more people working from home as a result of the...

Are Solicitors more Affordable than People Think?

The Solicitors Regulation Authority (SRA) has recently conducted a survey of 3,539 users of legal services. The survey found that only 10% of consumers believed that solicitors were an unaffordable option once they had accessed information on price. This figure was...