News & Blog

By Partner Di Perrett

Details: 14th May 2018

Trustees have an obligation to safeguard the assets of their charity and ensure these are used for the purpose they are intended. Ensuring that you have a robust system of financial controls will minimise the opportunity for Fraud.

By Partner Nick Smy

Details: 08th May 2018

There is no doubt that farmers continue to face challenging and uncertain times, and it is only right that farmers look at opportunities to diversify.

Details: 30th April 2018

This month we introduce one of our Quickbooks and Xero experts, Matthew Keane.

By Partner Sean Smith

Details: 23rd April 2018

In his Spring Statement the Chancellor Phillip Hammond announced a review of the VAT registration threshold which currently stands at £85,000. While the outcome of this review could have far reaching consequences we have been assured that this threshold will remain unchanged until March 2020, which will give us some degree of certainty for the time being.

By Partner Ray Symons

Details: 16th April 2018

The tax year 2016/17 was the first year in which it was able to average profits over a five year period. We have undertaken a review of the claims that have been made and, whilst not every farmer has been able to benefit, some of the reductions in the overall tax liability have often been in excess of £10,000.

Details: 12th April 2018

Underlining our status as the South West’s fastest-growing independent firm of chartered accountants we have just announced that Okehampton-based practice Robert Humphry has merged with us.

By Partner Mark Tibbert

Details: 11th April 2018

Just a few days into the new tax year it is worth considering what general changes have come into effect and what that might mean for individuals and businesses.

By Partner Keith Clay

Details: 09th April 2018

All you need to know about the financial reporting obligations for your organisation.

Details: 05th April 2018

We are delighted to announce that we have promoted Jon Mitchell to partner at our firm.

By Partner Chris Hill

Details: 03rd April 2018

We live in an ever changing world, and never is that more the case than when you are in business. So what challenges do we see as being faced by small businesses over the coming months? There are plenty to choose from, but I will focus on just two.

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Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales, details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C001091748, and details of all audit regulations can be accessed at www.icaew.com/regulations. A list of members can be found under Legal Notices. Thomas Westcott has offices in Axminster, Barnstaple, Bideford, Bridgwater, Burnham on Sea, Crediton, Exeter, Holsworthy, Honiton, Ilfracombe, Okehampton, Plymouth, Seaton, Somerton, Tiverton, Torquay and Weston super Mare.