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The Webb Teasdale Weekly


Where we are based...


Webb Teasdale Accountancy Ltd
Boston House, Grove Business Park
Downsview Road, Wantage, Oxfordshire, OX12 9FF

Our offices have the benefit of ample free parking, and we look forward to welcoming you to our home.

If dropping records to our location is difficult or inconvenient, just let us know and we will be happy to arrange collection from you.

We look forward to business with you

Use the EMAIL us button below to get in touch with support

"Navigating Year-End Success: Accounting Tips to End 2024 Strong"


As 2024 comes to a close, now is the perfect time for businesses to review their financial health and set the stage for a successful 2025. Here are three key steps to ensure your year-end runs smoothly:


1️⃣ Review Your Financial Statements:

Accurate financials are the foundation for informed decision-making. Ensure all income, expenses, and liabilities are recorded correctly. This also sets you up for a stress-free tax season.


2️⃣ Optimise Your Tax Position:

Explore opportunities for tax efficiency. This could include maximizing allowable deductions, using investment losses strategically, or taking advantage of any remaining allowances, like capital asset purchases.


3️⃣ Plan for the New Year:

Budgeting is not just a financial exercise—it's a strategic tool. Analyse your 2024 performance and build a forward-looking plan that accounts for industry trends, inflation, and growth opportunities.

Remember, a proactive approach to your financials can unlock hidden potential and mitigate risks. If you'd like to discuss strategies to streamline your finances or strengthen your accounting processes, feel free to reach out to Rob and the team.


Let’s make 2025 your most profitable year yet!



Find out about tax reliefs and financial support available from HMRC. Includes tax relief on work-related expenses Here at Webb Teasdale we can offer advice and services related to tax returns and business.  


Learn more here:HMRC 

Business Asset Roll-over Relief lets you defer any Capital Gains Tax (CGT) due when you dispose of certain assets (called ‘old assets’). If you acquire other assets (called ‘new assets’) costing the same as, or more than, the amount you got when you disposed of the old assets, the relief allows you to postpone paying tax until you dispose of those new assets.


Learn more here:HMRC 

WE ARE HIRING

QUALIFIED PRACTICE ACCOUNTANT


We are looking for an experienced individual to support clients in providing professional accountancy services to owner managed business clients. Someone who would be willing to assist and support our growing client

REQUIREMENTS:

  • AAT or equivalent qualification is essential
  • Previous experience of working in practice
  • Excellent written and verbal communication skills
  • Strong accounts preparation skills and knowledge of current UK financial reporting requirements
  • Knowledge of Corporation and Income tax proficient in Microsoft Office
  • Methodical and practical approach with high level of attention to detail
  • A self-motivator
  • Driving licence and own vehicle is essential


The minimum wage rates have increased with effect from 1 April.

Please note that the age ranges have changed.


NEW RATES FROM 1 APRIL 2024 - 

These rates are for the National Living Wage (for those aged 21 and over) and the National Minimum Wage (for those of at least school-leaving age) from 1 April every year


April 2024 (new rate)


21 and over £11.44

18 to 20 £8.60

Under 18 £6.40

Apprentice £6.40

 


More information about minimum wages can be found at https://www.gov.uk/national-minimum-wage-rates

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