Welcome to the “Latest News” section of Thorne Widgery.
Explore the latest news, all the devleopments, industry insights and essential updates in the world of finance and accounting.
Thorne Widgery appoints Senior Manager with deep expertise in Herefordshire business community
Thorne Widgery, a leading accountancy firm with a strong reputation for providing specialised services across sectors, is thrilled to announce the appointment of Sophie Powell as Senior Manager. With over 25 years in practice and deep expertise in both rural…
Triple threat for Thorne Widgery with Accounting Excellence shortlist hattrick
Cutting-edge Herefordshire accountancy firm, Thorne Widgery, has won a place on the shortlist in three categories of the Accounting Excellence Awards 2024! The firm is one of just six firms shortlisted for Mid-Tier Firm of the Year alongside larger national…
Thorne Widgery team takes the leap for charity
In an exhilarating display of courage and commitment, Meg Smith and Bryndley Jones from Thorne Widgery are gearing up to skydive for a cause close to their hearts. The daring duo has set their sights high, both in altitude and…
Streamline Your P11D filing with expert insights from Daniel Crowther
As the 6th July 2024 deadline for filing P11D and P11D(b) forms rapidly approaches, ensuring your submissions are timely and accurate is crucial to avoid hefty penalties. Thorne Widgery is here to assist you through this process with an…
Celebrating professional milestones at Thorne Widgery
Thorne Widgery is proud to announce the recent academic achievements of our talented team members from the Ludlow office and the Innovation team. Will and Emily have successfully completed their AAT Level 3, while Noah from the Innovation team has…
Thorne Widgery champions accounting careers at local schools
We are proud to have recently participated in several career evenings at Aylestone High School and Hereford Sixth Form, where we engaged with students about the dynamic world of accounting and the distinctive career opportunities available at our firm. During…
Key Information about Employment Benefits 🔊
This includes Benefits in Kind and P11D forms that should be sent to HMRC by an employer. It should list any work-related taxable expenses or benefits received by directors or employees over the tax year. Our CEO Dan Crowther will talk…
P11D – Remember to report before the July deadline!
P11D – Remember to report before the July deadline! It is essential to understand the updated reporting requirements for Class 1 National Insurance Contributions (NICs) on benefits in kind (BIKs). Employers offering benefits, such as private healthcare, living accommodation, travel…
Considering pursuing an MBO? Don’t forget the tax implications
Pursuing a management buyout (MBO) is a great way to lead a business you are familiar with. It provides a means to foster growth or help to revive a struggling business by assuming risk. Nevertheless, buying a business via an…
Seller considerations when approached for an Management Buyout
A Management Buyout (MBO) can be a fantastic way of passing your business onto your management team. However, the tax considerations of an MBO must be factored into your decision. We’ve outlined the key tax implications you must be aware…