Read our latest Practice News as well as sector specific and accountancy updates from across the UK.

Capital gains have become attractive again

From 6 April 2016, CGT rates have fallen from 18% to 10% for gains taxed at the basic rate and from 28% to 20% for higher rate gains. The tax rate will also reduce to 20% for chargeable gains of trustees and personal representatives. The new lower rates apply to most chargeable gains including shares […]

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Autumn News in Brief

Tax is Going Digital HMRC have now started the consultation process on ‘Making Tax Digital’, the biggest change in the administration and collection of tax information since the introduction of ‘Self-Assessment’ in 1996. Here at GWA, we are actively taking part in this consultation to help shape this into a tax regime that is better […]

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Autumn Staff News

We send our congratulations to Alan Potts who got married to Tracie Shennan on August 11th. Greaves West & Ayre would not be able to consistently deliver quality advice and quality service if it was not for the skill and commitment of its staff. We are proud of our low staff turnover and 2016 sees […]

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Autumn Community News

Borders Water Rescue Team (BWRT) BWRT is a charity which was set up in 1987 following the fire engine disaster off Rennie’s Bridge in Kelso. It was originally called the Borders Underwater Search Team and when it was established it was the only dedicated in-land water based search & rescue group in the UK and […]

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Minimum Wage rates increases rescheduled

The National Living Wage (NLW) came into effect in April 2016 for workers aged 25 and over and has caused many businesses to consider their remuneration policies for employees. The initial rate of £7.20 is a 50p increase in the rate that used to apply. In terms of detailed rules, the NLW is really just […]

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