Wilson Wright Partner Blog

Monthly Archives: February 2017

Research sheds light on entrepreneurial ambitions of people living in the UK

Warren Baker
Feb 24,2017
Warren Baker

According to a new study, more than half of people living in the UK have ambitions to one day become their own boss – while it is estimated that one in every ten Britons will be ‘an entrepreneur’ by the end of 2018. The research, which was carried out by funding group Idinvest Partners, also

CIOT concerned about the implications of FRS crackdown

Adam Cramer
Feb 23,2017
Adam Cramer

The Chartered Institute of Taxation (CIOT) fears that efforts to tackle businesses accused of misusing a VAT simplification scheme could cause harm to many entirely innocent firms.

‘Punitive’ SDLT on expensive homes has triggered slump in sales and tax revenues, data reveals

Warren Baker
Feb 23,2017
Warren Baker

The latest data unveiled by the Land Registry has revealed that sales of residential properties worth £1.5million or more fell dramatically last year, while the total amount of Stamp Duty Land Tax (SDLT) collected by the Treasury fell by more than £400m as a result. According to the figures, high-end property sales fell by almost

UK start-ups hope to hire more staff in 2017, says study

Warren Baker
Feb 17,2017
Warren Baker

New research suggests that almost 90 per cent of UK start-ups plan on hiring more staff this year, while only 1 per cent have plans to make staff cuts.

Tax and SDLT changes affecting rental supply and demand, says RICS

Warren Baker
Feb 17,2017
Warren Baker

The Royal Institution of Chartered Surveyors (RICS) has warned that changes to Stamp Duty Land Tax (SDLT) and mortgage interest tax relief will weigh heavily on supply and demand.

Lingering concern about firms unaware of MTD

Adam Cramer
Feb 16,2017
Adam Cramer

One in five of the UK’s micro-businesses know nothing at all about the Government’s flagship Making Tax Digital (MTD) initiative.

Start-up lending taking the UK by storm

Warren Baker
Feb 10,2017
Warren Baker

London-based start-up businesses secured £23million in lending last year, but a new study suggests that entrepreneurialism is growing increasingly popular across the entire country.

Chancellor’s Budget must be “unashamedly pro-business”

Adam Cramer
Feb 9,2017
Adam Cramer

Some of the UK’s most influential business groups are urging the Chancellor to take steps to ease the burden on firms in his upcoming Budget speech. Philip Hammond is due to step up to the despatch box on March 8th and is under pressure to implement a package which provides sufficient support to firms. With

HMRC should use “SDLT windfall” to abolish changes to mortgage interest tax relief, says RLA

Warren Baker
Feb 9,2017
Warren Baker

The Residential Landlords Association (RLA) has said that HM Revenue & Customs (HMRC) should use the extra cash raised from its recent Stamp Duty Land Tax (SDLT) reforms to abolish forthcoming changes to mortgage interest tax relief.

Small businesses urged to seek advice ahead of Making Tax Digital

Wilson Wright LLP
Feb 7,2017
Warren Baker

Small and start-up businesses are being urged to seek specialist advice, after HM Revenue & Customs (HMRC) confirmed that its Making Tax Digital (MTD) project will go ahead as planned.


Wilson Wright LLP - Chartered Accountants
Thavies Inn House, 3-4 Holborn Circus, London, EC1N 2HA.