Ann Jackson
By Partner Ann Jackson

In this, Part 3, of a series of blogs about taxation of the family I have highlighted below some points which parents should be aware of about the taxation of and reliefs for children.

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Ann Jackson
By Partner Ann Jackson

Making Tax Digital has been described as the biggest change in the way tax is assessed and collected in the UK in a generation with the Treasury allocating some £1.3bn to implementing it . This massive project was due to start in April 2018 with compulsory online filing of quarterly returns for many business owners and private landlords.

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Mark Tibbert
By Tax Partner Mark Tibbert

Below are some key financial dates and deadlines for August 2017

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Two new client case studies have been added, click here to read our latest client stories. 

Congratulations to our Exeter based HR Manager, Tracey Tyerman, for completing the Macmillan Mighty Hike Challenge and helping to raise money to support Macmillan cancer support.  

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We pride ourselves on being a “people first” business where our clients’ needs come before anything else.

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Robert John
By Partner Robert John

The South West tourism and leisure industry looks set for increased visitors throughout the 2017 holiday season, with more holidaymakers planning to stay in the UK rather than travel abroad.  According to research carried out by Barclays Bank, over a third of British holidaymakers are planning to holiday at home this year, as the weakening pound and the risk of terror attacks deter foreign travel. In addition, the weather forecast for the summer is looking very promising.

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Nick Smy
By Partner Nick Smy

A new accounting standard has been introduced which affects certain items that appear in a set of farming accounts.

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This month our we talk to Stuart Pedlar, a Chartered Certified Accountant based in our Barnstaple office. 

What is you role within Thomas Westcott?

My primary role is as a Manager at our Barnstaple office, working for a portfolio of clients throughout a range of business sectors from new self-employed persons to long established limited companies. Most of my work involves ensuring completion of Annual Accounts, Tax Returns and VAT, but can also include specific special projects. Previously I have also been involved with both Charity and Audit work.

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Mark Tibbert
By Tax Partner Mark Tibbert

 

It is often the case that as a company evolves it can end up with multiple separate trades or could have established a significant property portfolio alongside its trading activities. This diversification in assets and trading activities can be vital for the growth of the business but can create its own problems, some of which could be:

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