Staff News!
We are pleased to announce that Hannah has successfully obtained her Practicing Certificate as an ACCA accountant. Hannah qualified in 2012 and became a full member at that time. She now is able to practice in her own right. Hard work and dedication since qualifying has enabled her to obtain this new status. Congratulations Hannah! […]
Wettone Matthews Welcomes a New Director
Wettone Matthews is delighted to be able to announce John Hannah as the newest Director of the company. John has worked at the company since 2007 and has earned the trust and respect of clients and staff alike. John is delighted to become a director and is looking forward to continuing to develop his relationship […]
Spring Budget 2024
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. Some of the key highlights include the following: Further changes were made to National Insurance contributions (NICs), following the cuts made in the Autumn Statement 2023. The […]
Important Update on Company Van Tax Treatment
On Monday 12 February 2024 HMRC updated its guidance on the tax treatment of DCPUs. The guidance had confirmed that, from 1 July 2024, Double Cab Pick Ups with a payload of one tonne or more would be treated as cars rather than goods vehicles for both capital allowances and benefit-in-kind purposes. HMRC announced on […]
Christmas Office Closure
Please note that our offices are closed for the Christmas Period from Midday on the 21st of December 2023 until 9am on Tuesday the 2nd of January 2024. Wettone Matthews would like to take this opportunity to wish you a Merry Christmas and a Happy New Year!
Christmas Jumper Day at Wettone Matthews
On the 7th of December we celebrated Christmas Jumper Day to raise money for Save the Children Charity.
2023 Autumn Statement
On 22 November 2023, Jeremy Hunt delivered the ‘Autumn Statement for Growth’. Some of the key highlights include the following: Income tax rates: the basic rate will remain at 20%, the higher rate at 40% and the additional rate at 45% for 2024/25. The government reduced the point at which individuals pay the additional rate […]
New Deadline for Voluntary National Insurance Contributions
Men born after the 5th April 1951 and women born after the 5th April 1953 will now have until the 5th April 2025 to fill any gaps in National Insurance payments from 2006 onwards with voluntary contributions, the government announced on the 12th June. This gives people more time to consider whether the voluntary contributions […]
New HMRC Self-Assessment Threshold for PAYE
From the tax year 2023-2024 onwards, the self-assessment threshold for those taxed through PAYE will rise from £100,000 to £150,000. Those within this bracket do not need to take any action for now. They will receive a self-assessment exit letter if a tax return is submitted for the current tax period showing an income between […]
Mock Interviews with John Hannah
At the beginning of this month, our colleague, Mr John Hannah, took some time from his busy schedule to conduct mock interviews with the year 10 students of Amery Hill School, to help them prepare for future interviews with employers and colleges. According to Mr S Mann, the headmaster, the students’ feedback was very positive, […]
Queen’s Green Canopy Sponsorship
Wettone Matthews is proud to sponsor a beautiful Opal Plum as part of the Queen’s Green Canopy Community Orchard at Windmill Hill in Alton. If you would like to visit, look out for our tree on Row 1 of the community orchard. The flowers should be blossoming soon, so it will be particularly stunning.
HMRC: Research & Development
A recent letter from HMRC to a number of companies, who have previously made Research & Development (R&D) claims, asked that these companies review past R&D relief claims. These companies have been given a checklist to complete this review to make sure that the information provided about their claim is complete and correct. If an […]