WDS LATEST NEWS
At WDS, The Walters' is not just an awards ceremony; it's a celebration of the incredible talent and dedication within our firm. This year's event was nothing short of spectacular, filled with anticipation, recognition, and heartfelt applause. Let's dive into the highlights and meet the outstanding individuals who earned their well-deserved accolades:
Beat the Corporation Tax Rise!
On the 1st of April 2023, corporation tax increased from 19%, rising to 25% for most limited companies. If you are the owner of a limited company, this could result in a significant increase in your corporation tax bill.
One effective way to reduce your tax obligation…
Our third quarterly recognition award winner is Claire Toner!
Claire was nominated by two of her peers for showcasing exceptional teamwork and living our values of being ‘Approachable’ and ‘Passionate’. If you happen to follow Claire on LinkedIn you’ll see daily just how passionate she is.
On Friday, 11th August, we were joined by a couple of hundred professionals who gathered at Brighouse Sports Club to participate in our Charity Rounders Tournament to raise funds on behalf of the Motor Neurone Disease Association (MNDA).
The tournament was a huge success, with teams from all over the community coming together to play, have fun, and raise money for a great cause. The weather shone all afternoon and the team spirits were high.
Every year we hold our annual awards ceremony ‘The Walters’ to recognise the outstanding contributions of our employees. The event was a huge success, as we celebrated the hard work and dedication of team members from our different offices and departments.
Congratulations to Matthew Atkinson for winning our second quarterly recognition award!
Matthew was voted for showcasing our Passionate and Approachable company values.
Last year our charity of the year partnership was The Guide Dogs for the Blind Association which is a phenomenal charity where we raised over £5k doing activities such as our Sponsored Blind Folded Walk across the York Walls, bake sales, bingo, dress down days and more.
As a result of our success, we got to name and raise a puppy and here she is.
We are thrilled to announce that Emily Watson our Cloud Accountant from our Huddersfield Team has won our first quarterly recognition award! This award is a celebration of our company's values and the outstanding efforts of our team members. Emily was nominated by her peer Adam Taylor for embodying our values and showcasing her passion for bookkeeping through her role supporting both team members and clients.
Running a business is a major undertaking, and it is all too easy to fall into financial hardship. When this happens, business owners may feel overwhelmed and uncertain about where to turn, but there is help available.
As it is International Women’s Day, we want to celebrate that WDS employs 44 amazing females. Along with this statistic, WDS has just appointed its first Managing Director in its 137 years of history.
WDS embraces equal opportunities for everyone in our firm. We find the best person for a role and support them to achieve their aspirations. It is our mission to train and inspire all of our team to be the best that they can be. Many of our team members have been internally promoted and this is shown at management and board level as we have equal numbers of women and men.
End of Tax Year ‘To Do’ Considerations
As Spring is just around the corner it’s time to look ahead to new investments and pension opportunities before the end of the current tax year on 5 April 2023.
We have compiled a checklist to show the tax planning opportunities available, if your budget allows, to make your money work harder for you:
Reminder: ISA and Pension allowance deadlines are fast approaching…
Your tax liability may incur a charge if you do not pay it in the next 7 days!
Are you aware of the 5% surcharge if you don't pay your self-assessment tax from 2021/22 by 28th February 2023?
Paying your taxes on time is essential to avoid any extra financial burden and to keep your finances in order. Here's what you need to know about the HMRC's 5% surcharge if you don't pay tax on or before the 28th February 2023 deadline.
Many people in the UK are woefully underprepared for their retirement and more specifically, how they intend to fund this. A combination of neglect in making their own provisions and misguided belief that the government will provide them with a sufficient pension means that for some, retirement may not be quite what they envisage.
Following on from our first instalment 'The power of compound interest' where we demonstrated how you can make the most of your savings, here in our second instalment from the WDS Wealth Management team we delve into the impact of inflation so you can continue to take steps to maximise your capital for 2023 and beyond.
It seems you can’t watch the news at the moment without hearing about the ‘cost of living crisis’, fueled by levels of inflation not seen for decades. Whilst we are seeing the effects of this on our supermarket shop, petrol and energy bills, there are also very real consequences for your savings.
Why it’s a good idea to start saving
Most people would probably agree it seems like a sensible idea to start saving what you can, as early as you can. We’ve all almost certainly encountered advice along these lines at some point, and for many, it will make instinctive sense. Are you aware of just how powerful saving can actually be? We begin our 3 part series with the power of compound interest and how you can turn a small savings investment into a healthy profit.