News
News
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Tax when transferring assets during divorce proceedings
Separation and divorce can create tax implications, particularly Capital Gains Tax (CGT) on asset transfers. New rules from April 2023 extend the ‘no gain/no loss’ period, helping spouses manage tax efficiently. […]
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Jointly owned property – no partnership
Tax on rental income from jointly owned property depends on ownership shares, unless part of a partnership. Married couples default to a 50/50 split unless they notify HMRC of a […]
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Spotlight on Josh Shackleton: A New Chapter as Assistant Tax Advisor
At WDS, we take pride in fostering the growth of our team members, and we are thrilled to spotlight Josh Shackleton on his recent appointment as Assistant Tax Advisor. Josh […]
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Welcoming Toni Moss as WDS’s New In-House HR Manager
We’re thrilled to announce that Toni Moss has joined WDS as our new in-house HR Manager. With over 18 years of experience in operational HR across diverse industries, Toni brings […]
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WDS Welcomes Tim Bennet as Senior Audit Manager
WDS are excited to announce the appointment of Tim Bennet as our new Senior Audit Manager. Tim brings over a decade of extensive experience in the audit field, having worked with […]
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How to Check the Creditworthiness of New Customers
Before extending credit to new customers, it’s essential to assess their financial reliability. Checking their creditworthiness helps protect your business from potential losses and late payments. Here’s how to do […]
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How to Stop Future Payments on Your Debit or Credit Card
Stopping future payments from being made on your debit or credit card is crucial for avoiding unwanted charges and managing your finances effectively. Here’s how you can do it: The […]
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Not all hurt feelings are uncapped & costly
The Employment Appeal Tribunal slashed a £10,000 award for injury to feeling by 80% after an original tribunal ruling was deemed not to be Meek compliant as it failed to […]
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CIS monthly returns obligations
The Construction Industry Scheme (CIS) requires contractors to deduct tax from subcontractor payments and file monthly returns with HMRC. Even if no payments are made, nil returns must be submitted […]
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Check or update company car tax details
If you use a company car for private travel, it’s taxed as a Benefit in Kind (BIK). The tax rate depends on the car’s list price and CO2 emissions—low-emission vehicles […]
