Latest News

Marriage Allowance lets you transfer up to 10% of your unused Personal Allowance to your husband, wife, or civil partner if all of the...

The main bullet points from today's budget, as the Office for Budget Responsibility (O.B.R.) says inflation will drop to 2.9% by the end...

The government has further extended the voluntary National Insurance deadline to 5 April 2025 give taxpayers more time to fill gaps in...

This tax relief was put in place to help aid businesses during the pandemic, but it was just for a limited time and will be ending on 31...

Our Tax Director Kevin Taylor has put together below some ideas for you to make the most of potential tax savings/planning opportunities,...

Self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment...

Towers + Gornall celebrates our 60th anniversary in business this Saturday, 17th December. Reflecting back on those years of service to...

We're well into the final quarter of the year, with 2023 just a month around the corner. But are you ready for the year-end and have you...

If you’re VAT registered you must now use MTDfV to submit your returns from November 2022 or face penalties. Businesses not using Making...

Have you seen HMRC’s short video about the new VAT late submission and late payment penalties? Overview of changes HMRC is introducing...

With the increase in corporation tax going ahead on 1 April 2023 for companies with taxable profits over £50,000, is there anything you...

Many employers may be keen to give employees a bonus at Christmas, but there are real payroll implications of giving a cash bonus versus...

You don’t need us to tell you that finances have become much more challenging over the past few months. Here are six things to consider...

The super-deduction allowance, which is the most attractive tax incentive for business investment is coming to an end. It has been short...

Towers and Gornall are on the move to brand new offices on Garstang High Street, this summer, back where we began! Our business began...

For VAT periods starting on or after 1 January 2023, the default surcharge will be replaced by new penalties if you submit VAT returns...

From April 1 2022, VAT returns to 20% in the hospitality sector. You need to ensure that your business is ready to update the point of...

Against the back drop of the fastest cost of living rises in a generation, and with inflation now at a 30 year high of 6.2%, the...

Steve Kenyon of SK Joinery has become the final respondent to our customer survey to win the ability to donate £250 to a local charity...

50 day warning... the clock is ticking fast!!!!! If this you or a friend, call Towers and Gornall today on 01995600600 if you are unsure...