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.
Key Changes to Capital Gains Tax and Carried Interest – What You Need to Know
The Autumn 2024 Budget has introduced significant changes to Capital Gains Tax (CGT) and the taxation of carried interest, aiming to ensure asset owners contribute a fair share while maintaining the UK’s competitiveness in international tax markets. But how will…
Business Asset Disposal Relief Changes and What They Mean for Business Owners
The Autumn 2024 Budget introduced several changes to Business Asset Disposal Relief (BADR), a vital tax relief for business owners seeking to reduce Capital Gains Tax (CGT) liabilities when selling all or part of their business. The changes, though not…
XfE at the Schools & Academies Show 2024: Here’s How It Went
The Schools & Academies Show 2024 at NEC Birmingham has come and gone, and what a fantastic experience it was! As one of the leading events for education professionals, it provided the perfect platform for our sister company XfE to…
Understanding How the Autumn Budget Impacts Inheritance Tax for Farmers and Rural Businesses
The Autumn Budget introduced important changes to inheritance tax reliefs that directly affect farmers and rural business owners. These updates make it essential for agricultural families and rural businesses to plan effectively for the future. In this article, Sophie Powell…
Did you see us at the Rural Hub Advice Day?
Our Rural Business and Agricultural accounting specialists were back offering advice to farmers at the Rural Hub Herefordshire Advice Day at a brand new venue, at Lyde Arundel on 12th November. Held annually, this free event is an opportunity for…
Global Bookkeeping Week: Key Issues Impacting the Future of Bookkeeping – Insights from Katy Davies, Bookkeeper Manager at Thorne Widgery
The bookkeeping profession is experiencing rapid change driven by digital transformation, automation, and regulatory demands. In this blog piece, Katy Davies shares her perspective on key issues and impacts. Q1: How do you see digital transformation and automation impacting bookkeeping?…
Celebrating Apprenticeship Excellence at the HWGTA Awards!
A huge congratulations to Bryn, Will, and Emily for their remarkable achievements at the Herefordshire and Worcestershire Group Training Association (HWGTA) Awards last night! Bryn was named Commerce Level 2 Apprentice of the Year, while Will won the prestigious Accountancy…
Autumn Budget 2024: Key Tax Changes and What They Mean for You
A new Government, a new Chancellor, and a new approach to the UK’s fiscal policies. Rachel Reeves entered her first Budget with a strong message that her measures would lead to “an economy that is growing, creating wealth and opportunity…
Business owners face new challenges as Chancellor raises National Insurance and Capital Gains Tax, says Thorne Widgery
One of Hereford and Ludlow's leading firms of accountants Thorne Widgery is urging employers to prepare for the serious impact of the Chancellor’s Autumn Budget. Rising to address Parliament, Rachel Reeves recognised that the Government had a responsibility to “restore…
Autumn Budget 2024
A new Government, a new Chancellor and a new approach to the UK’s fiscal policies. Rachel Reeves entered her first Budget with a strong message that her measures would lead to “an economy that is growing, creating wealth and opportunity…