Head of our Corporate Finance team, Alison Watts, has been made a Partner of Thomas Westcott Chartered Accountants. 

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We have promoted Cat Williams to the position of Partner and Head of Charities and Not for Profit. Cat will lead our specialist charity team, following the recent retirement of Steve Cresswell.

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Over the past twelve months there have been a number of consultations on R&D reliefs; perhaps the most interesting one was looking at what is qualifying expenditure for the purposes of the relief and looking to make it a more targeted relief. Although responses to some of these consultations have been published and adopted, the most recent consultation (March 2021) has sought to bring them all together. 

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On Thursday 27 May we’ll be sharing our advice on careers in accountancy and financial services. Aimed at school leavers, students and anyone considering a career change, our free webinar will help you understand the many different routes into the profession. We’ll also be giving some tips on applying for jobs. 

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As we find ourselves coming out of the other side of the Pandemic, and with the glimmer of hope that business and social work events are soon to be back on the agenda, I thought that now would be a good time to remind you of the tax implications of entertaining. 

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Cloud accounting: read about it and you’ll be told that you’ve struck the digital nirvana, the solution to all your business problems. Install a cloud-based accounting system and you will have created the ultimate solution for all the problems that your business has ever encountered. Can it really be true?

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Tax specialist Annette Stone has been promoted to a Director of Thomas Westcott Chartered Accountants. With more than 20 years’ tax experience, Annette joined our Plymouth office in 2017 and is best known for advising high net worth individuals and business owners.

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Adam Croney has been promoted to Partner at Thomas Westcott. With 10 years’ accountancy experience, Adam joined the firm from PwC as a Senior Manager in 2018, before being promoted to Director the following year.

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Thomas Westcott Chartered Financial Planners has promoted Simon Lake to the position of Director. Simon is based in our Plymouth office and advises clients across the region and nationally.

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Exit planning is one of the biggest challenges a business owner is likely to face. It may well be difficult to think about disposing of the business you have nurtured and grown over many years. However, it could be one of the most important decisions you ever make. 

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