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News for: Accountancy

North West company owners caught out by Capital Gains Tax

North West business owners are being warned that leaving Capital Gains Tax (CGT) planning too late is costing them substantial tax savings; in some cases, missing out on Business Asset Disposal Relief (BADR) entirely. Corporate tax advisory specialist Sophie Huddleston, Partner at UK top 10 … [Read more...]

Azets welcomes debt advisory specialist to North West

Accountancy and advisory firm, Azets, has appointed Debt Advisory specialist, Michael Davies, to support businesses in the North West. Working out of the firm's Stockport office, Michael has been brought in as assistant manager for the expanding service line, which is led by Mark Barrie. He … [Read more...]

HMRC warns of Self Assessment scams

HMRC is warning the millions of its Self Assessment customers to be vigilant to scams claiming to to be from the department. Scammers often impersonate HMRC, offering fake refunds or demanding urgent payments to steal personal and banking information. And while scams will claim its safe to share … [Read more...]

Government moves to end age bands for National Living Wage

The UK Government has asked the Low Pay Commission to end age bands for the National Minimum and National Living Wage when it makes its recommendations for changes to the rates next year. The Low Pay Commission will consult with employers, trade unions and workers on narrowing the gap between the … [Read more...]

North West small businesses warned ahead of sick pay changes

Accountancy and business advisory firm, Azets, is highlighting that small businesses in the North West will be particularly affected by changes to employment law and sick pay that will come into force in April 2026. The new package of workers’ rights, starting next April, includes removing the … [Read more...]

Side hustlers urged to register for Self Assessment

HMRC is encouraging anyone with income outside of their regular employment to check if they need to complete a Self Assessment tax return for the 2024 to 2025 tax year. Anyone with additional income streams – such as from online selling, content creation, dog walking or property rental – is being … [Read more...]

HMRC names 74 North West employers for minimum wage breaches

HMRC has named 74 businesses in the North West for paying workers less than the National Minimum Wage and National Living Wage. The latest list published by the government includes 518 businesses in the UK which hadn’t correctly paid minimum wage. Some high-profile businesses are named, … [Read more...]

Expert Opinion: Property Tax in 2025

Stockport-based practice, IN Accountancy, highlights the main tax implications facing landlords and property investors in 2025. Property continues to be a popular investment strategy in the UK, offering the potential for capital growth alongside regular rental income. But as with any investment, … [Read more...]

Expert Opinion: New IHT rules driving death tax disruption fears

Robert Wardle (pictured), Azets’ head of tax for the North West region, is urging businesses to plan ahead for the impact of new inheritance tax changes. A fear of major disruption resulting from new death taxes being introduced from 6 April 2026 onwards has sparked major concerns for business … [Read more...]