News

You’ve built a successful business, so what happens next? In this latest Ask the Expert article, Phil Grainger invites business owners to look beyond day-to-day demands and consider the bigger picture.

From growth and succession to exit planning and personal wealth, the decisions you make today are shaped by the future you’re working towards. With an Autumn Budget on the horizon, now is the ideal time to clarify your goals, review your plans, and ensure your business and personal affairs are aligned.

Making Tax Digital (MTD) is no longer coming soon – it’s here. The first phase of MTD for Income Tax is underway, with quarterly submissions already being made by self‑employed individuals and landlords earning over £50,000. Thresholds will drop to £30,000 in April 2027 and £20,000 in April 2028, bringing many more people into the rules.

In our latest article, we explain what MTD means in practice, who it affects, and the three questions we’re hearing most often: whether you can wait to act, how it applies to smaller landlords, and whether you need new software. We also share why preparing early can improve your record‑keeping, cash‑flow visibility and year‑end planning – not just your compliance.

Ward Williams Chartered Accountants is delighted to announce the promotion of Dipesh Parmar to Tax & Estate Planning Director, recognising more than 20 years of dedicated service, outstanding technical expertise and his significant contribution to one of the firm's fastest-growing specialist service areas.

Ward Williams is delighted to announce the appointment of Izabela Kuchmacz to the Board. Since joining the firm in 2024, Izabela has made a significant contribution to the Audit team, and her appointment reflects the firm's continued investment in leadership, technical excellence and future growth.

Companies House has delayed major accounts filing reforms until April 2028, giving businesses additional time to prepare. The changes will introduce mandatory digital filing, require small companies to submit profit and loss accounts, and remove abridged accounts, marking a significant shift in reporting requirements. While immediate action may not be necessary, businesses should begin reviewing their processes, software and disclosure considerations to ensure a smooth transition.

By Phil Grainger, Managing Director, Ward Williams If there is one thing business owners have learned over the last decade, it is that certainty is becoming increasingly difficult to find. Many organisations have navigated Brexit, a global pandemic, supply chain disruption, soaring inflation, rising employment costs, changes to tax legislation and an ever-evolving regulatory ...

We’re pleased to be attending this year’s Hillingdon Chamber of Commerce Business Expo on Thursday 5 June in Uxbridge and would love to see clients, contacts and local businesses there too.

Changes to micro-company accounts could introduce new reporting requirements for small businesses. This article explains what business owners need to know, how the changes may affect their accounts and what steps they can take to prepare.

New accounting rules could affect when income is recognised in your company accounts. Find out what the changes may mean for your business, financial reporting and future planning.

The 2026 updates to FRS 102 bring significant changes to how UK businesses account for leases, with more agreements now recognised on the balance sheet as right-of-use assets and lease liabilities. This article outlines what finance teams and business owners need to know to prepare their company accounts, avoid common pitfalls, and ensure compliance with the new standards.