Choosing the right accountant is not as simple as plumping for the nearest, most expensive, or most highly reviewed firm.
An accountant should help you to make smarter decisions, grow your business and most importantly relieve some of the pressures off you. We’ve gathered 10 top tips to help you in your research and guide your decision.
Put quite simply, small businesses have got to make the very best of what they can right now. With soaring costs, rising inflation, labour difficulties and supply issues, it is no wonder that SMEs are concerned about the pressures facing them.
We are expanding our Somerset team with the appointment of a new Director.
Tara Bell, who will be based at our Bridgwater office, brings over 19 years’ experience in accountancy to the fast-growing regional firm. Tara specialises in landlord and property owners’ tax affairs, tax compliance and consultancy, inheritance tax planning, capital gains tax and personal tax issues. Thomas Westcott’s Bridgwater office currently employs around 20 members of staff, which includes two partners.
The sale of a company to an Employee Ownership Trust (EOT) is becoming increasingly popular as an exit strategy for controlling shareholders who are looking at their business succession planning.
Thomas Westcott, the largest chartered accountancy network in the South West, has further invested in its staff development with new promotions for two senior Tax Managers to Director-level.
We have promoted one of our long-standing Directors bolstering our expanding partnership team.
Mandy French, who has been with the firm for 27 years and is based in the Tiverton and Honiton offices, has received the promotion to Partner. After joining Thomas Westcott in 1994, she trained and qualified at the practice.
Bridgwater is the fifth largest town in Somerset and a major centre for industry and manufacturing in the South West which has seen significant growth in recent years. Kelly Davies, Partner with Thomas Westcott in our Bridgwater office examines whether it’s boom time for the town…
As we come out of the pandemic and start ‘living with Covid’, what are the risks and opportunities for charities?
It would be an understatement to say that these have been a turbulent two years. We advise a diverse range of not-for-profit clients, including hundreds of charities across the South West and beyond. While Covid restrictions meant some had to pause operations, others – such as those dealing with mental health or domestic abuse - were busier than ever, struggling to meet unprecedented demands for their services.
Exeter is predicted to have one of the fastest growing economies in the country this year. Thomas Westcott Partner Patrick Tigwell is based in our Exeter office and is also a board member on the chamber of commerce. Here, he looks at the rise and rise of a unique city…
From April 2022, the rate of National Insurance contributions you pay will increase – while the employee will feel the change in their pay packet, employers will also feel the burden. The amount is increasing by 1.25p in the pound for both employers and employees.
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