The Finance Bill 2016, published on 24 March 2016, contains the new rules for dividends. • From 6 April 2016, the notional 10% tax credit on dividends will be abolished. • A £5,000 tax free dividend allowance will be introduced. • Dividends above this level will be taxed at 7.5% (basic rate), 32.5% (higher rate), […]

As well as choosing the right accountant choosing the right accounting software will save you time and money. Basic accounting software can be cheap and is fairly easy to use. Many day to day tasks will become much easier. See below for the benefits of having accounting software in your business and a few things […]

Small businesses which don’t have an accountant are blocking £1 billion of cash from going into the UK economy. The fault usually lies at the feet of whoever is in charge of the in-house books. Research from KPMG seems to indicate that they’re relying on information which can be months old, and long since expired […]

The 2016/17 tax year has started, and CWR Accountants is here to give you the information you need: • The new ‘single-tier’ State Pension, which replaces the Basic State, Additional, and Second State Pension, will affect anyone from now on who reaches pension age while having paid National Insurance for at least ten years. National […]