Wilson Wright Partner Blog

Monthly Archives: January 2017

Start-ups need help with their tax returns, study suggests

Warren Baker
Jan 30,2017
Warren Baker

Starting up and running your own business is hugely rewarding, but also demanding and time-consuming. Entrepreneurs need all the time they can get in order to get their business up and running quickly and efficiently – and many understandably do not have the time to be filing tax returns or chasing difficult deadlines set by

CIOT calls for ministers to improve the standard of tax-making policy

Adam Cramer
Jan 26,2017
Adam Cramer

Officials at the Chartered Institute of Taxation (CIOT) have said that the Government should use its upcoming Budget as “a springboard” for a change in direction on tax. 

SDLT is “harmful” to long-term development

Warren Baker
Jan 26,2017
Warren Baker

The head of a leading global property group has criticised Stamp Duty Land Tax (SDLT), suggesting that the tax is “harmful” to long-term development.

Official figures reveal record SDLT take despite fall in number of properties sold

Warren Baker
Jan 23,2017
Warren Baker

Official data has revealed that the Government raised a record £7.7billion from Stamp Duty Land Tax (SDLT) in the first eight months of the 2016/17 financial year – despite a significant fall in the number of homes sold during the same period. Data revealed by HM Revenue & Customs (HMRC) suggests that 782,000 residential properties

Study reveals ‘best start-up ideas for 2017’

Warren Baker
Jan 23,2017
Warren Baker

Entrepreneurship is on the rise and approximately 2,000 new businesses are expected to launch every single month in 2017. But a new study based on emerging markets and growing consumer trends has revealed the best business opportunities that savvy entrepreneurs should be considering in coming months. The study, entitled What business to start in 2017,

UK will go on being a great place for business insists Chancellor

Adam Cramer
Jan 20,2017
Adam Cramer

Chancellor Philip Hammond this week made clear that the Government would take decisive steps to ensure Britain remained attractive to global businesses, even if it was unable to achieve the trading relationship it wanted following Brexit negotiations.

Government under mounting pressure to review Making Tax Digital timescale

Craig Nicholson
Jan 19,2017
Craig Nicholson

The Government has again been urged to reconsider its timescale for Making Tax Digital (MTD), after a 50-page report from MPs in the Treasury Committee suggested that the project should be delayed by one-to-two years.

Small firms say they need ‘extra support’ this year

Warren Baker
Jan 13,2017
Warren Baker

Three quarters of small and start-up businesses believe that they need to secure extra support this year in order to grow and remain competitive in the face of economic and political uncertainties, according to the latest O2 Business Barometer.

“Hideously expensive” SDLT deterring homeowners from downsizing

Warren Baker
Jan 11,2017
Warren Baker

Stamp Duty Land Tax (SDLT) is “causing a bottleneck in the family homes market” by deterring homeowners from either downsizing or taking the next step up the property ladder, according to a new report.

Start-ups should seek advice to free up time spent filing tax returns

Warren Baker
Jan 6,2017
Warren Baker

Starting up a new and successful business from scratch is perhaps one of the most fulfilling and rewarding experiences any person can hope to achieve. But it can also be time-consuming, troublesome and tiring – particularly in terms of tax. A new study suggests that sole traders in the UK spend a grand total of


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