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We get up every morning to help family run businesses build a better future for the next generation because family is the most important part of all of our lives.

Control your business and finances better

 Why do some businesses appear to get so much more from their monthly management accounts than others? Perhaps they have discovered that there is so much more to be gained if they can analyse their monthly accounts in such a way that they can exploit opportunities...

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Show me the money!

You've probably heard the saying "Turnover is vanity, profit is sanity but cashflow is reality". If this is true then surely a focus on collecting the cash owed from the people you have supplied services or goods to is on the top of your to do list? If not it really...

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Could you be missing out on a tax saving opportunity?

R&D (Research & Development) Tax Credits can be a real benefit for qualifying companies. First introduced by the Government in 2000, they have provided over £6 billion to UK companies in the form of reductions to Corporation Tax payments. However, the take-up...

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Making Tax Digital – More Questions Than Answers?

With the postponement of the original Making Tax Digital (MTD) deadline, the focus switches in the short term to digital VAT filing. The MTD delays were announced by HMRC as being due to “listening” to the concerns of the professional accounting and tax bodies that...

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Making Tax Digital (MTD)

I am getting increasingly fed up reading articles about the delay in Making Tax Digital being a positive. The hint is in the word “delay”. Ok so some unpopular bits of MTD have been changed but that doesn’t mean it will never happen. HMRC have a target and a “big”...

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Charity Giving

WHY we give: At wood and disney we feel privileged to live in a prosperous and peaceful part of the country where any number of lifestyle choices are available to us, we are able to flourish in our locality and our children are healthy and strong.   There are certain...

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Can I claim my gym membership as a tax deductible expense?

This is a common question from many of our clients and the answer does depend slightly on whether you are a sole trader, partner in a partnership or you are employed. The general rule for a business (so that is the sole trader, partnership or limited company) is that...

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Legally anyone can call themselves an Accountant

Unlike the term Solicitor, Independent Financial Adviser (IFA) or Architect, the word Accountant is not protected. Yes an unqualified solicitor can lose you money, lose your rights, even lose your property so it is important that a solicitor is formally qualified so...

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Wood & Disney Ltd
Lodge Park, Lodge Lane
Langham,
Colchester
Essex, CO4 5NE

T: 01206 233170
E: info@wood-disney.co.uk

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