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

Eamonn Watson
3 min read


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

Eamonn Watson
2 min read


VAT PENALTIES : - 2023 CHANGES
Have you seen HMRC’s short video about the new VAT late submission and late payment penalties? Overview of changes HMRC is introducing...

Eamonn Watson
3 min read


TAKE ACTION NOW BEFORE APRIL'S RISE IN CORPORATION TAX
With the increase in corporation tax going ahead on 1 April 2023 for companies with taxable profits over £50,000, is there anything you...

Eamonn Watson
3 min read


CHRISTMAS BONUS:-MAKE THE MOST OF TRIVIAL BENEFITS
Many employers may be keen to give employees a bonus at Christmas, but there are real payroll implications of giving a cash bonus versus...

Eamonn Watson
3 min read


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

Eamonn Watson
1 min read


IS A LIFETIME MORTGAGE A GOOD IDEA?
A lifetime mortgage is one form of equity release and it could give you a pot of tax-free cash without any need to repay anything until...

Eamonn Watson
3 min read


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

Eamonn Watson
1 min read


SPRING STATEMENT HIGHLIGHTS
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...

Eamonn Watson
1 min read


SURVEY DONATIONS REACH £1,000
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...

Eamonn Watson
1 min read


THUMBS UP FOR CHARLIE & T+G
This week we are announcing two more £250 donations to local charities alongside the results of our Towers + Gornall customer survey. The...

Eamonn Watson
1 min read


INHERITANCE TAX ON YOUR BUSINESS BE PREPARED AND SAVE THOUSANDS
Think about what happens when you pass away – and the impact that inheritance tax (IHT) could have for your beneficiaries when handing on...

Eamonn Watson
3 min read


HMRC WARNS ONE WEEK TO GO!
HAVE YOU PAID YOUR TAX IN FULL? Self assessment taxpayers have less than a week left now to pay any outstanding tax liabilities in full,...

Eamonn Watson
2 min read


TAX TO THE FUTURE
Tuesday's inaugural Tax Day didn't confirm immediate changes to the tax that you pay, but it signposted the direction of travel on the...

Eamonn Watson
13 min read


END OF TAX YEAR ALERT
What can you save in tax before April 5th? Check it out and have a think what you can spend it on in the future, if you act now! Kevin...

Eamonn Watson
3 min read


EXPERT'S TIPS POST-BUDGET
Following the 2021 budget, T+G's expert panel sat down to offer you their top tips, to make the most of the pound in your pocket, in this...

Eamonn Watson
9 min read
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