There are just weeks to go until the implementation of the controversial VAT domestic reverse charge for CIS construction services. What can construction firms do to prepare for the change, which is due to come into force on 1 March 2021?

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Thomas Westcott Chartered Accountants is delighted to announce a further investment in our regional business by welcoming longstanding Plymouth-based accountancy practice Riley Chartered Accountants into the firm.

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Leading South West law firm, Stephens Scown LLP and Thomas Westcott, one of the largest independent accountancy practices in the South West, have recently completed a major deal comprising the share sale of a local fulfilment business to growing delivery management specialist Whistl.

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Thomas Westcott has named Children’s Hospice South West as our charity of the year for 2021. 

Our team is being encouraged to take part in the charity’s events, which is celebrating its 30th anniversary this year, as well as organising our own fundraising activities. 

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At its heart, FinTech is all about disruption and shaking up old financial institutions with the use of technology. While the term (which combines the words ‘financial’ and ‘technology’) might conjure up images of cutting edge tech businesses, some of the latest FinTech developments could benefit businesses of any sector or size.

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Inheritance Tax (IHT), with planning, can be avoided. It is a tax levied on a person's estate when they die and on certain gifts made during an individual's lifetime. 

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Fired up with enthusiasm for producing the next must have widget or providing a service that will break social media?  Don’t get carried away – consider the following points…

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Stamp Duty Land Tax (SDLT) legislation is highly complex, particularly so since the introduction from April 2016 of the 3% surcharge on second homes and residential buy-to-let properties.  

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Businesses in the retail, hospitality and leisure sectors will receive a one-off grant worth up to £9,000 following the Prime Minister's announcement of a new national lockdown in England to tackle the growing cases of Covid-19.

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As the festive seasons gets underway, Thomas Westcott is supporting The Trussell Trust to build a hunger free future for people across the country.

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