KRW Tax news

Class 2 nic for the self-employed abolished from April 2024

KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellSelf-employed workers with annual profits over £12,570 currently pay a fixed rate Class 2 NIC charge of £3.45 per week (£179 pa), but the…


Main rate nic cut from 12% to 10% for employees from January 2024

KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellChancellor Jeremy Hunt announced earlier this afternoon that the main rate of National Insurance that applies to salaries between £12,570…


High income child benefit charge thresholds changes from April 2024

KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellIn the Spring Budget earlier this month, Chancellor Jeremy Hunt announced that the income threshold for paying back Child Benefit will…


45% tax threshold reduced from £150,000 to £125,140 from April 2023

KRW Tax newsJuly 10, 2023|In KRW Tax news|By Keith Witchell In the Spring Budget, Chancellor Jeremy Hunt announced that the additional rate threshold for income tax would be reduced from £150,000 to…


Pensions lifetime allowance abolished & annual allowance up to £60k

KRW Tax newsApril 2, 2023|In KRW Tax news|By Keith WitchellIn last month’s Budget, Jeremy Hunt announced the end of the lifetime allowance for pensions, plus an increase in the annual allowance for…


Plan to promote investment, training & innovation arrives Autumn 2022

KRW Tax newsMarch 16, 2023|In KRW Tax news|By Keith WitchellA 3 point plan was also announced to boost productivity and growth in the private sector, which will include more tax incentives for…


National insurance threshold increased by £3K pa from July 2022

KRW Tax newsMay 7, 2022|In KRW Tax news|By Keith WitchellAmidst rapidly rising cost of living, and the already announced 1.25% National Insurance hike from April, Rishi Sunak announced some welcome…


£1M annual investment allowance extended to March 2023

KRW Tax newsMarch 20, 2022|In KRW Tax news|By Keith WitchellThe current £1m annual investment allowance which allows businesses to claim tax relief on 100% of capital expenditure has been extended by…


0% VAT on energy saving home improvements

KRW Tax newsMarch 12, 2022|In KRW Tax news|By Keith WitchellThe Chancellor referred to post-Brexit freedoms allowing a reform of the eligibility conditions to qualify for reduced VAT on the…


Commitment to cut basic rate income tax to 19% by 2024

KRW Tax newsMarch 10, 2022|In KRW Tax news|By Keith WitchellThe Chancellor also confirmed the government’s commitment to reduce income taxes by the end of parliament by announcing the first cut to…


  • 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

    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

    Great service! All the qualities you want in an accountant; knowledgable and professional, whilst also being friendly and easy to deal with.

    Charles Purser Avatar Charles Purser
    August 13, 2022
  • 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

    We (Ultra Secure Ltd) moved to KRW this year, and it has been a breath of fresh air working with accountants who not only know there stuff, but have already given us lots of forward thinking advice. Great to work with Thanks Guys Keep it Up Regards Mark Walter

    Mark Walter Avatar Mark Walter
    August 13, 2022

    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
  • We have been with KRW Accountants for over 10 years. We use them for payroll and year end accounts. Rachael in payroll is amazing. If we have any payroll queries she is quick to help. Payroll is always processed quickly and efficiently. Mollie completes our year end accounts and always supports us with any help we need. Thankyou KRW !!!

    Amanda Sales Avatar Amanda Sales
    August 6, 2025

    i have dealt with laura west and lynsey moore for the past 2 years and cant recommend them highly enough, im constantly asking them for various things and the response is fantastic. highly recommend

    james fletcher Avatar james fletcher
    June 13, 2025

    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

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.

GET READY TODAY

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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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