Electric company cars offer businesses cost savings through tax reliefs and lower running costs, while boosting sustainability credentials. This guide covers key benefits, including capital allowances, Benefit In Kind rates, VAT rules, and upcoming Vehicle Excise Duty changes, helping business owners make informed decisions and maximise savings.

Have You Given Shares to Employees or Directors? You may need to report this by 6 July
If you've given shares or share options to employees or directors in the last tax year, you may need to file an Employment Related Securities (ERS) return by 6 July. In this article, we explain who it applies to, what’s involved, and how we can help — all in plain English, without the jargon. Don’t leave it too late — check if you're affected today.

Understanding ATED: What Property Businesses Need to Know
If your company or partnership owns UK residential property valued at £500,000 or more, the Annual Tax on Enveloped Dwellings (ATED) may apply. The filing deadline of 30 April is fast approaching and it’s crucial to act now. Our latest Ward Williams article explains who is affected, the latest charges, what reliefs or exemptions may be available, and how to stay compliant. Our Corporate Tax team shares insights and real examples to help you meet the deadline and minimise your liability.

Restructuring your business: Is it time to streamline your group structure?
As businesses grow and evolve, their corporate structures can become overly complex, leading to unnecessary costs and compliance burdens. Streamlining your group structure can deliver significant benefits, including cost savings, improved efficiency, and enhanced corporate governance. By simplifying your structure, you can reduce administrative costs, strengthen oversight, and create a more agile foundation for future growth. This article explores why now is the right time to assess your corporate setup and provides guidance on how to approach restructuring effectively.

Importance of business Wills & LPAs: Planning for the future of your business
Estate planning is essential for anyone with assets, ensuring your wishes are honoured and your loved ones are supported. This guide explores key elements such as creating a comprehensive Will, setting up Lasting Powers of Attorney, using Trusts, engaging your family, navigating tax implications, and planning business succession. By understanding these components, you can create a structured plan that safeguards your legacy and provides peace of mind for your family's future.

Impacts of economic trends for SMEs: Essential tips for business owners
Discover essential insights on the impacts of economic trends for SMEs in our latest article. Learn how to navigate shifts in consumer behaviour, market conditions, and supply chain dynamics with expert tips tailored for business owners. Stay informed and empower your strategic planning for long-term success in a rapidly changing economic landscape.

Starting a new business: Build a strong financial foundation
Starting a new business is an exciting yet challenging endeavour, and establishing a strong financial foundation is crucial for long-term success. This article explores essential practices that every entrepreneur should adopt from the outset. At Ward Williams, we are dedicated to empowering new entrepreneurs with expert insights and strategies that promote sustainable growth in today's competitive landscape.

Understanding business tax obligations: Essential information for business owners
Understanding your UK business tax obligations is crucial for success. Whether it's Corporation Tax for limited companies, VAT if your turnover exceeds £90,000, or Income Tax for sole traders, knowing your responsibilities is vital. Staying informed and compliant helps you avoid penalties and ensures the smooth operation of your business, letting you focus on growth.

Financial forecasting: Planning for the future of your business
Ready to take control of your business's future? Learn the key steps to effective financial forecasting, from analysing historical data to adapting to market trends.

The benefits of outsourcing accountancy: Tips for business owners
Juggling finances and core business activities can be tough for small business owners. Outsourcing your accountancy offers a cost-effective solution, freeing up your time to focus on growth while gaining access to expert financial management. Ward Williams can help you navigate the complexities of outsourcing, providing the expertise you need to achieve greater efficiency and to grow your business.


