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Yesterday teams from Whitings LLP and Whitings Wealth Management took to the golf course for the Fraser Dawbarns LLP Charity Golf Day to support the wonderful Little Miracles Charity!   The Teams were as follows: Whitings LLP, Chartered Accountants Nick Edgley Mike Blackledge Scott Bishop Will Firman Whitings Wealth Management Ltd David Salmon Richard Franks…

You may have seen recent emails from Companies House about new identity verification requirements for company directors and people with significant control (PSCs). If the content of the email has worried you — don’t panic. The ID verification is part of new legal changes coming in autumn 2025.   These emails are part of a…

Whitings LLP Announce Headline Sponsorship of Huntingdonshire Business Awards 2025   Our Whitings LLP offices in Ramsey, St Neots and St Ives are pleased to be headline sponsors of the Huntingdonshire Business Awards 2025. This is the first year for these awards and an exciting opportunity to raise the profile of businesses in the Huntingdon…

Company Size Thresholds Have Changed – What Does This Mean for UK Businesses? In December 2024 the UK Government announced the most significant change to UK company size in over a decade. On 6 April 2025, the company sized thresholds for micro, small and medium-sized business changed for the first time since 2013. This was…

HMRC Locks Down 100,000 Personal Tax Accounts After Organised Crime Breach HMRC has locked down up to 100,000 online personal tax accounts after discovering unauthorised access linked to a sophisticated scam by organised crime groups. The breach, which resulted in £47 million being fraudulently claimed from HMRC—not from individual taxpayers—was first identified nearly a year…

Over recent years HMRC have sharpened their appetite to collect more tax through the 25 year old IR35 legislation. These rules seek to tax individuals who provide their personal services through their own limited company as if they were directly engaged as an employee of the end client.   If IR35 applies, this stops tax…

The SORP is the ‘Statement of Recommended Practice’ which outlines the accounting principles to be applied in Charity accounting. The current SORP from 2019 has been updated, and the new version is now released in draft for response from charities, professional advisors and others who may wish to respond to the public consultation.   The…

The Self Assessment return second payment on account deadline is approaching (31 July 2025). Your Whitings contact will be sending out payment reminders with the details of how much income tax you need to pay and what payment reference is needed. These details are also shown on your tax return letter or email for your…

The estate administration period refers to the time between a person’s death and the final distribution of their estate to beneficiaries. During this period, any income generated by the estate, such as interest, dividends, or rental income, is subject to Income Tax and potentially Capital Gains Tax (CGT) on a sale of chargeable assets. Understanding…

Most businesses and personal taxpayers should by now have noticed HMRC’s rollout of Making Tax Digital (MTD). Different colours of Government have tinkered with the timing of the introduction of this new tax administration system, but not the direction of travel.     The launch is working its way through the taxes, starting a few…