A new landscape for R&D tax relief

A new landscape for R&D tax relief The landscape for Research & Development (R&D) tax relief has entered a new phase following a series of reforms designed to streamline the system and enhance compliance, as Tax Partner Shenal Wijetunge outlines. The new measures have been introduced over two successive years – 2023 and 2024 – … Continued

Dow Schofield Watts expands with launch of R&D tax relief service

Dow Schofield Watts expands with launch of R&D tax relief service Financial advisory firm Dow Schofield Watts (DSW) has expanded its tax practice with the addition of a new service to advise on R&D tax relief and other innovation tax incentives. It will be led by Shenal Wijetunge, who joins from Signature Group and who … Continued

Dow Schofield Watts Thames Valley surpasses £100M in deals – cementing its position in local corporate finance market

Dow Schofield Watts Thames Valley surpasses £100M in deals – cementing its position in local corporate finance market The Reading office of advisory firm Dow Schofield Watts (DSW) has advised on transactions exceeding £100m in the past 12 months, further solidifying its position in the Thames Valley corporate finance and tax advisory market. During the … Continued

Who qualifies for non-dom taxation, and what are their options?

Who qualifies for non-dom taxation, and what are their options? The ‘non-dom ding dong’ between Labour leader Sir Keir Starmer, who is proposing to scrap non-dom status, and Prime Minister Rishi Sunak, whose wife is a non-dom, has kept the subject in the spotlight. Andrew Robinson from DSW Tax Advisory advises many high-net-worth clients in … Continued

Small firms warned to beware of ‘overseas company tax dodge’

Small firms warned to beware of ‘overseas company tax dodge’ Businesses are being warned to beware of ‘advisors’ offering to help them avoid tax by setting up a company overseas. Andrew Robinson of DSW Tax Advisory says suggestions that firms could avoid UK tax simply by registering their business in locations like Dubai are too … Continued

Dow Schofield Watts’ tax practice acquires Lancashire firm

Dow Schofield Watts’ tax practice acquires Lancashire firm Financial advisory firm Dow Schofield Watts has expanded its tax practice by acquiring a Lancashire company that specialises in advising high-net-worth individuals. Burscough-based STS Europe – which is one of the leading firms of its type in the North – advises clients, including UK-resident non-domiciles, on matters … Continued

SEIS changes give investors more reasons to back start-ups

SEIS changes give investors more reasons to back start-ups Changes to the tax rules that come into force last month will boost funding for start-ups and give investors more incentive to back them, according to DSW Ventures, an early-stage investor and part of the DSW network. As of 6 April, the amount companies can receive … Continued

WORK YOUR WAY: Our dog is part of the team!

WORK YOUR WAY: Our dog is part of the team! Advising on strategic acquisitions is all par for the course for Steve and Carla Holmes of Dow Schofield Watts in Reading but lockdown saw them make a key acquisition of their own with a furry four-legged friend joining them. Summer, a golden Labrador, is now … Continued

Glasgow launch is second new office in weeks for Dow Schofield Watts

Glasgow launch is second new office in weeks for Dow Schofield Watts Dow Schofield Watts has opened a new office in Glasgow as it continues to build its presence in Scotland. It is the second new location within weeks for the firm, which opened an office in Edinburgh in April and which has an existing … Continued

£2m grant fund aims to attract professional services teams

£2m grant fund aims to attract professional services teams Dow Schofield Watts has earmarked £2m in grant funding to attract professional services teams as it seeks to expand its UK footprint. The Dow Schofield Watts Entrepreneurship Grant scheme will be open to ‘break-out teams’ from top-tier firms who want to set up their own business … Continued

The post-Covid dilemma for professionals

The post-Covid dilemma for professionals – and why it’s time for change in the accountancy sector Pandemics and other periods of global turmoil often create lasting shifts in society and Covid is no different. The events of the past 18 months have accelerated the uptake of technology, changed the way we live and work and … Continued

Dow Schofield Watts continues growth with launch of new Reading office

Dow Schofield Watts continues growth with launch of new Reading office Dow Schofield Watts has launched a new office in Reading as part of its continued expansion across the UK. The firm, which is known as a ‘challenger brand’ in the accountancy sector, operates a unique licensing model that empowers professionals to run their own … Continued

Tax specialist joins Dow Schofield Watts to launch new service

Tax specialist joins Dow Schofield Watts to launch new service Dow Schofield Watts has expanded its services with the launch of a new tax consultancy arm. DSW Tax Advisory will be led by Dave Waddington, who joins from Haines Watts in Liverpool where he was tax partner. A qualified accountant and former head of finance … Continued

VAT changes to e-books – not the end of the story yet

VAT changes to e-books – not the end of the story yet Recently the government trumpeted the news that they are ‘fast-tracking’ the VAT changes to e-publications by introducing VAT zero-rating on 1st May, rather than on 1st December. However, what is not being reported so widely is that HMRC have been resisting (and I … Continued