What a personal tax account can do for you
HMRC are encouraging individuals to sign up for a personal tax account as a way of getting greater transparency and control over tax records. The personal tax accounts are part of HMRC’s move towards digital services and offer a single place to access key tax affairs affecting you. What is a Personal Tax Account? A […]
Top earners increase their share of tax payments
HMRC’s latest statistics provide an insight into the income tax paying population. The figures reveal changes in the distribution of tax revenue over the last decade, with a growing share now coming from higher earners. The pie chart shows the proportion of 2018/19 tax expected to be paid by taxpayers in various bands of income. […]
The gifts that keep on giving
Gifts make for a powerful tool when it comes to minimising your inheritance tax (IHT) bill. As well as helping you reduce any tax payable on your estate, they also let you support your family and share in the support that gives them. It’s important to understand how HMRC looks at gifts because the rules […]
The implications of consent for GDPR
It has been just over a month since the GDPR deadline passed in a whirlwind of consent requests and preference updates, but HMRC has already fallen foul of the new rules. HMRC has revealed, in response to Freedom of Information requests, that it has taken 5.1 million taxpayers biometric voiceprints through its VoiceID scheme since […]
Ward Goodman offer all-round mortgage advice and support
Ward Goodman, the Dorset based firm of Chartered Accountants and Independent Financial Advisers, has relaunched its Mortgage Advice Service proposition to work alongside the already established Financial Planning, Tax and Accountancy Services. One of the primary benefits Ward Goodman is able to offer clients is an independent and fully integrated financial advice service, meaning clients […]
Ward Goodman host successful Dorset Charities Conference
Ward Goodman, the Dorset based firm of Chartered Accountants and Independent Financial Advisers, hosted their annual Dorset Charities Conference on 5th July at Queen Elizabeth School, Wimborne. Now in its seventh year, the one-day conference provided Trustees, Fundraisers, Volunteers and Chief Executives from the charity, and the not-for-profit sector, with an understanding of current issues […]
Never give up!
In the light of two recent tax cases, our tax team at Ward Goodman has highlighted the benefit of taking a hard look at the facts and fighting HMRC if they have not applied rules fairly, even if you have not had timely advice. The team explained:“In the Scowcroft v Revenue case, the overseas […]
Gig economy takes another step towards employment rights
Deliveroo has compensated fifty of its couriers to settle legal action arguing that they should be treated as workers and not self-employed contractors. Deliveroo settled the case after the High Court ruled that a union was allowed to pursue a collective bargaining case with the company. Lawyers representing the couriers have taken this as evidence […]
Ward Goodman advise on regular reviews of Workplace Pension Schemes
Ward Goodman, the Dorset based firm of Chartered Accountants and Independent Financial Advisers, has issued key advice on Workplace Pension Schemes following recent articles in the press which highlighted a stark contrast in performance of the best and worst auto-enrolment schemes. Chris Peters, Financial Planner at Ward Goodman, explains:“Every workplace pension must have a […]
Ward Goodman hitting sixes in the community
Ward Goodman are proud to have sponsored the Bournemouth School For Girls U15’s Cricket Festival hosted at Canford School. Organisers said it was a really nice feeling to see all the pitches being occupied all day, which made for a wonderful atmosphere that was enjoyed by all who attended. Although the showpiece final did go […]
