01234 834 731 support@nwe-as.co.uk
NWE Accounting Services Ltd
CIMA practicing certificate holder
01234 834 731 support@nwe-as.co.uk
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Latest News

  • VAT late filing penalties 4th September 2025
  • Gifts with reservation of benefit 4th September 2025
  • Holding over gains on gifts 4th September 2025
  • What counts as working time for minimum wage purposes 4th September 2025
  • Why your tax code might change 4th September 2025
  • Are you selling goods or services on a digital platform? 4th September 2025
  • Balancing access to justice and abuse of process 2nd September 2025
  • Keeping your best people with flexible working 1st September 2025
  • Cash flow resilience and access to funding 1st September 2025
  • Fixing problems with running payroll 28th August 2025
NWE Accounting Services Ltd
01234 834 731
support@nwe-as.co.uk
Bedford I-Lab, Priory Business Park, 
Stannard Way, Bedford, MK44 3RZ
Latest News
VAT late filing penalties  4 September 2025

New rules mean late VAT filings and payments now trigger points, fines and interest charges. The VAT late filing penalties regime changed for accounting periods beginning on or after 1 January 2023.
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Gifts with reservation of benefit  4 September 2025

Gifting assets can cut inheritance tax, but traps like “gifts with reservation of benefit” may undo the plan. The majority of gifts made during a person's lifetime are not subject to tax at the time they are made.
Read more »

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