The latest DRAFT SRA Accounts Rules 2018 were published by the SRA on Wednesday 14 June 2017 and have been reduced to just seven pages containing twelve rules. As expected, the Solicitors Regulation Authority (SRA) has, backed down on their controversial plan to change the definition of client money. This is a result of feedback received during their consultation on propose ...

Autumn Budget wishlist
With the Chancellor’s first Autumn Budget due to be presented on 22 November, professional bodies and business groups are setting out their Budget wishlists. Recommendations include changes to Business Rates, a ‘Brexit ready’ Budget, incentives for business and an appeal for changes to the Apprenticeship Levy. The ICAEW is urging that the government give sufficient attention ...

Charity Cake Bake for Surrey Wildlife Trust & Lymphoma Association
On Wednesday 1st November, Ward Williams Financial Services hosted a Halloween theme charity bake off to raise money for their two chosen charities Surrey Wildlife Trust and Lymphoma Association. Throughout the year Ward Williams Financial Services have continued to support both charities by raising donations through local charity events. The whole Ward Williams Group took pa ...

Important Information about Changes to Paying HMRC
HMRC are making some changes to the ways customers can make payments. The pay at the Post Office service will be withdrawn from 15th December 2017 and from 13th January 2018, HMRC will no longer accept payment by personal credit card. Debit cards and corporate credit cards will continue to be accepted. We hope these changes don’t cause any inconvenience. There are still many ...

Property Letting Business – Class 2 NIC
HM Revenue & Customs (HMRC) has been issuing demands for National Insurance Contributions (NIC) to property letting landlords on the basis that they are ‘self-employed earners’ running a ‘business’. Self-employed earners who are liable to income tax on the profits of a trade, profession or vocation will also generally be considered a self-employed earner for NIC purposes. ...

HMRC offer tax support to growing businesses
HMRC have announced the introduction of a new service to directly help mid-sized businesses as they expand and grow. This is to be known as the Growth Support Service. According to HMRC there are approximately 170,000 mid-sized businesses registered in the UK. The businesses with either a turnover of more than £10 million or more than 20 employees, that are undergoing signific ...

Budget on Wednesday 22nd November and 14th December
Chancellor Philip Hammond has announced that he will deliver the Autumn Budget on Wednesday 22 November. The Autumn Budget will be the second Budget to be delivered this year, and will outline the government’s proposed tax changes and spending plans in response to forecasts from the Office for Budget Responsibility (OBR). The 2017 Autumn Budget will be the first of its kind un ...

Get ready for the new data protection rules
The government is to introduce new data protection rules under the General Data Protection Regulation (GDPR) which takes effect from 25 May 2018. Under the GDPR businesses will have increased obligations to safeguard the personal information of individuals which is stored by the business. These rules apply to the information of customers, suppliers or employees. Generally for ...

Auto enrolment for new employers
Under pensions auto enrolment employers have to enrol qualifying employees into a workplace pension. Duties include paying contributions for the employee. The process of auto enrolment has been phased in from October 2012 when the largest employers had to comply with the rules. However the rules are set to change and new employers will have to comply with their automatic enrolm ...

Ward Williams takes on Rough Runner
On Sunday 17th September Ward Williams put forward a team of ten staff to compete in the 10k Rough Runner in Clapham. The obstacle course challenge, combines both distance running with a variety of game show-inspired obstacles (think Gladiators, Ninja Warrior and Total Wipeout) along the way. The team was made up of: Andy Webb, Malcolm Mckinnell, Luca Gilfillan, David Binks, ...