KRW Q&A

What tax relief can i claim for working from home?

KRW Q&AJanuary 31, 2019|In KRW Q&A|By Keith WitchellMost business owners will do some of their work from home, but what tax relief can they claim for this? An unincorporated taxpayer (i.e., a…


How do the property and trading allowances work in practice?

KRW Q&ADecember 3, 2018|In KRW Q&A|By Keith WitchellIn April 2017 the government introduced two new £1,000 per annum tax-free allowances in relation to property and trading income. So, how do…


How does inheritance tax taper relief work in practice?

KRW Q&ASeptember 28, 2018|In KRW Q&A|By Keith Witchell Taper relief reduces the Inheritance Tax payable on gifts made during a taxpayer’s lifetime, providing they survive at least 3 years…


Will Entrepreneurs' Relief apply if I sell a property used in my business?

KRW Q&AAugust 31, 2018|In KRW Q&A|By Keith WitchellEntrepreneurs’ Relief applies to the sale of business assets or shares in a trading company, reducing the Capital Gains Tax rate to 10% for…


What are the Corporation Tax quarterly payment thresholds for a group?

KRW Q&AJuly 10, 2018|In KRW Q&A|By Keith WitchellMany readers are probably blissfully unaware of the Corporation Tax quarterly payment regime, since this only applies to companies with annual…


Can any VAT be reclaimed when you take a client out to lunch?

KRW Q&AJune 7, 2018|In KRW Q&A|By Keith WitchellMost readers are probably familiar with the general block on reclaiming VAT on costs associated with entertaining customers or suppliers. But…


Does VAT need to be charged on wage costs recharged to another business?

KRW Q&AMay 1, 2018|In KRW Q&A|By Keith WitchellSeveral clients have asked this question over the years, and for a very good reason. There is no VAT on wages, so surely recharging wages to…


Can I claim rent-a-room relief if I am not living in the property throughout?

KRW Q&AMarch 1, 2018|In KRW Q&A|By Keith WitchellRent-a-room relief allows you to let out part of your home without any income tax liability, providing your rental income does not exceed…


If an employee uses the company van, will a van benefit apply?

KRW Q&AJanuary 31, 2018|In KRW Q&A|By Keith WitchellWe all know that company car tax rarely makes it tax efficient to run a company car, but what about a company van? Are the rules the same?…


  • A very professional, responsive and friendly team who has supported our business for many years now. I would definitely recommend them.

    Alicia Freire Avatar Alicia Freire
    August 13, 2022

    We have been using KRW now for many many years and have always found them to be professional, responsive and patient with our accounts and any accounts related questions, we would defiantly recommend them.

    Inde Tech Avatar Inde Tech
    June 13, 2025

    Keith and the team are exactly what we were looking for in accountants They got us out of a corner when we first joined after the mess left by our previous accountants. As a small business, our account Manager Alex is always ready to help us and responds to phone calls and emails immediately. We came to KRW through a recommendation and I would highly recommend to anyone who needs an accountancy firm that you can build a relationship with.

    Caroline Thompson Avatar Caroline Thompson
    August 13, 2016
  • Keith and his team are superb and have always given us fantastic guidance if anyone asks me to recommend an accountant I will always point them in KRW's direction.

    Gavin Potter Avatar Gavin Potter
    August 13, 2019

    Adrienne has been absolutely fantastic in assisting us with payroll. She is always helpful, responsive, and makes the whole process so much smoother and less stressful. No question is ever too much trouble, and her friendly, professional approach is really appreciated. We’re so grateful for her support—thank you, Adrienne!

    Louise Bromfield Avatar Louise Bromfield
    July 30, 2025

    I have been working with Alex and the team since I launched my business. Being new to running a business and accounts, I found that he and the team are always available to guide me through what is required. They provide an efficient and professional service. This is not an accountancy firm where you can only speak to your client manager. Alex has always been available whenever, I have wanted to speak to him.

    Daxa Patel Avatar Daxa Patel
    August 13, 2022
  • Brilliant Accountancy firm I have and would recommend to anyone to use, they have hand held when I've needed it, advised on business and accountancy aspects, It doesn't matter who you speak to at KRW the service is always the same. Excellent!

    Sue Turney Avatar Sue Turney
    August 13, 2022

    We use KRW for all our external reporting requirements and payroll. Adrienne in payroll is really great, she's so helpful with any questions or queries I have and she always turns payroll around really quickly and efficiently. A valuable member of the team for sure. We've had a really busy time recently and the wider team at KRW have been brilliant in helping with all our questions

    Robyn Stanton-Charles Avatar Robyn Stanton-Charles
    July 30, 2025

    I’ve been working with KRW Accountants for my business accounting, and I can confidently say they have been an invaluable asset to my business. Their expertise, professionalism, and attention to detail have made managing my finances significantly easier and more efficient. The team at KRW, in particular Laura who does my bookkeeping and Rachael who does our payroll, are responsive and approachable - no question is too small, and they consistently take the time to explain things clearly and thoroughly. Their support is reliable and tailored to the needs of my business. Thanks to KRW, I feel confident knowing my accounts are in excellent hands. I highly recommend their services to any business owner looking for trustworthy and proactive accountants.

    Joanne Ferguson Avatar Joanne Ferguson
    July 13, 2025

Making Tax Digital is Coming!

Prepare your business for the mandatory digital record-keeping and reporting requirements. All businesses will need MTD-compatible software to submit their tax returns.

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Mandatory from April 2026

KRW Accountants
Henge Barn
Pury Hill Business Park
Alderton Road
Towcester
Northamptonshire
NN12 7LS
01327 810373

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Registered with The Chartered Institute of Taxation as a firm of Chartered Tax Advisers
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