News by Author

Key changes for new tax year

2nd June 2023
The 2023/24 tax year is of course now underway and there have been several changes which may affect you.   Head of Tax, Christiaan Hansen provides an overview of the key points, along with our recommendations and advice. Income tax The rates of income tax haven’t been increased; however, the threshold for paying the additional...

What earnings are subject to AEOs?

2nd June 2023
You’ve received an attachment of earnings order (AEO) instructing you to deduct payments of an outstanding debt from one of your employee’s pay. You’ve heard that not all earnings are “attachable” so what earnings does it apply to? Natasha Crockatt from our Payroll department advices below. An attachment of earnings order (AEO) is an official...

Are meals for employees a perk?

31st May 2023
You are thinking about providing free meals to your employees to help them with the rising cost of living. You can buy in bulk and can access discounts not normally open to individual employees. But how do HMRC view this?  Naomi Swan CA, looks at this below. Food inflation While the headline rate of inflation...

Maternity Benefits for Company Directors

30th May 2023
All women in the UK are entitled to a total of 52 weeks of maternity leave from work – made up of 26 weeks ordinary maternity leave and 26 weeks additional maternity leave. There are two types of maternity benefits available, Statutory Maternity Pay (SMP) which is paid by an employer and Maternity Allowance (MA)...
rental property tax deductions

Reduce CGT on your buy-to-let

29th May 2023
James owns a residential property which has been let for many years and he is considering selling it but will lose a large amount of the proceeds to HMRC. What are the options for reducing his capital gains tax (CGT) bill? Head of Tax Christiaan Hansen highlights some of the options available. Capital gains James...

Changes to VAT penalties and interest

28th May 2023
Here is an official letter that HMRC have just sent out to their customers relating to new penalties for submitting VAT returns or paying VAT late. Apologies if you are already aware of this but it is a useful reminder if you have not yet picked up on the new regime. Particularly important if you...

Position Vacant – experienced Accounts Assistants

25th May 2023
Due to our expanding business we have vacancies for two experienced Accounts Assistants. Based at our Hawick and Peebles offices. Required to assist with bookkeeping, VAT Returns and accounts preparation for limited companies, sole traders and partnerships. Salary dependent on experience. ABOUT JRWCA As one of the largest accountancy firms in the Borders, JRWCA have...
Congratulations to Kenny Logan from our Edinburgh office

Congratulations to Kenny

19th May 2023
Well done to Kenny Logan from our Edinburgh office who last Friday was awarded Member of the Year of the BNI Britannia group at the Charity Awards Dinner of the BNI Scotland South, East & Central region. Kenny was over the moon to receive the award: “This was voted by my fellow members so the...
Christiaan Hansen, Head of Tax, JRW

Introducing Christiaan Hansen

5th May 2023
We are delighted to welcome highly experienced tax expert Christiaan Hansen to the JRW team. Christian is our new Head of Tax, replacing Brona MacDougall who has gone onto pastures new a little closer to home. Although based in Hawick, Christiaan will bring his considerable tax expertise to clients across all 6 JRW offices as...

Claiming relief when family home has been sold

5th May 2023
Mrs Smith’s mother has recently died. During her final years she lived in a care home and sold her property to pay the fees. Mrs Smith believes she has lost the right to claim the residence nil rate band as a result. What is advised? Head of Tax, Christiaan Hansen advises. Residence nil rate band...