WBV Chartered Accountants

📢 Don’t Miss the Tax Return Deadline! The clock is ticking! ⏳ The deadline for submitting your Self-Assessment Tax Return is 31st January 2025. Avoid late penalties by filing early and ensuring your accounts are accurate. Here’s how WBV Accounts can help: ✅ Check your financial records for accuracy. ✅ Maximise your allowable deductions. ✅ Submit your return on time, stress-free! 💼 Whether you’re self-employed, a landlord, or need help managing additional income streams, we’ve got you covered. 👉 Contact us today to get started. #TaxReturn #DeadlineReminder #WBVAccounts #TaxTips #Swansea #Neath #Wales #Accountants

🚗💼 Big news for company car users! While much of the recent Autumn Budget focused on NI increases and capital gains tax, changes to company car tax rates have flown under the radar. 📈 Here’s the quick rundown: • Hybrid car benefit-in-kind (BIK) rates are rising sharply—from 2% now to 18% in 2028/29. • Electric vehicle BIK rates will increase annually, reaching 9% by 2029/30. • These hikes could significantly impact both your tax bill and fuel benefit charges. • Planning ahead has never been more important. If you’re considering a new company car lease or exploring your options, now is the time to act. 💡 Check out our latest blog for a detailed breakdown of these changes and their potential impact: https://lnkd.in/dkcsd7wk 📩 At WBV Accountants, we’re here to help you navigate these changes and make informed decisions for your business and personal finances. #AutumnBudget #CompanyCars #TaxPlanning #WBVAccountants #accountants #swansea #neath #TaxTips #Wales Richard Chapple Terrance Jones Fran Faull Ellie Hughes

Last Friday we celebrated Fran's last day with us at WBV before she embarks on an exciting new journey into motherhood. Fran, we’ll miss you but are excited for your adventures ahead! Wishing you a restful maternity leave and all the happiness that comes with this special time. We look forward to your return.💐👶 #TeamWBV #GoodLuckFran #MaternityLeave #Baby #Girl #Boy #Congratulations #Accountants #Swansea #Neath #Wales Fran Faull Ellie Hughes Richard Chapple Terrance Jones

Introducing Our Guide to the Autumn Budget 2024 Yesterday, Chancellor Rachel Reeves unveiled the Labour Government’s first Budget in 14 years, introducing impactful changes designed to “fix the foundations and deliver change.” From higher taxes on asset sales and adjustments to inheritance tax to new requirements for businesses around national insurance and the minimum wage, this Budget has far-reaching implications. In our latest blog post, we break down the essential updates and explain how they may affect you, whether you’re planning for your family’s future or managing a business. Download our comprehensive “Your Guide to the Autumn Budget” directly from the blog for an in-depth look at each measure and strategies to help you prepare for the changes ahead. https://lnkd.in/eCBUDqAA #autumnbudget #budget #chancellor #keychanges #swansea #neath #accountants Fran Faull Ellie Hughes Richard Chapple Terrance Jones

Welcome to the Team, Dan Key We’re pleased to announce that Dan Key has joined WBV Accountants as an Accounts Apprentice. Dan is currently studying for his AAT qualification at Neath College and brings a fresh enthusiasm for accounting to our team. In Dan’s own words, "I was ready to take the leap into accounts, and WBV were willing to catch me." We’re excited to support Dan on his professional journey and look forward to seeing his growth and contributions within WBV. Please join us in welcoming him to the team! #WBVAccountants #TeamWBV #WelcomeDan #AAT #AccountingApprentice #Swansea #Neath #Wales Fran Faull Ellie Hughes Richard Chapple Terrance Jones

🔔 Important National Insurance Reminder 🔔 Time is running out to top up National Insurance (NI) contributions. You have until 5 April 2025 to fill any gaps in your NI record for the years 6th April 2006- 5th April 2018, which could help boost your State Pension (if eligible). After this date, voluntary contributions can only cover the last 6 tax years as usual. Visit the HMRC app or online service to check your NI record, calculate potential benefits, and make payments if needed. https://lnkd.in/e5huxfi 👉 Act now to secure your future. Contact WBV Accountants for guidance. #hrmc #pension #statepension #nationalinsurance #NI #accountants #swansea #neath #wales Fran Faull Richard Chapple Ellie Hughes Terrance Jones

🎉 Exciting News! WBV Accountants are Coming Soon to Instagram! 📲 Stay tuned for expert advice on managing your finances, tips on business growth, and all things accounting! Whether you're a business owner or just looking to manage your money better, we'll be sharing valuable insights, industry updates, and helpful resources. Plus, you’ll get a behind-the-scenes look at our team and the work we do. 👉 Follow us on Instagram for exclusive content and tips to take your business to the next level - @WBVACCOUNTANTS #ComingSoon #BusinessFinance #AccountingTips #FollowUs #Accountants #Instagram #Swansea #Neath #Wales Fran Faull Ellie Hughes Richard Chapple #TerranceTerrance Jones

Thinking of starting your own business? Read our step-by-step guide covering everything from choosing a business structure to managing finances and staying compliant with tax obligations. Whether you’re just getting started or refining your business plan, this blog offers essential advice to set you up for success. Ready to turn your entrepreneurial dreams into reality? 📖 Read the full blog for expert tips: https://lnkd.in/eMkAhfF8 #BusinessTips #Entrepreneurship #Startup #Swansea #Neath #Accountants Fran Faull Ellie Hughes Richard Chapple Terrance Jones

We're excited to introduce Jack, the newest member of our tax department at WBV Accountants. Jack is currently studying Level 2 AAT at Gower College Swansea and brings enthusiasm and fresh perspectives to the team. "I heard great things about WBV from friends and family, so I jumped at the opportunity to join," says Jack. We look forward to supporting Jack's growth as he embarks on his journey in accountancy. Welcome to the WBV family Jack! #NewEmployee #Team #Tax #Accountants #Swansea #Neath #Welcome Fran Faull Ellie Hughes Richard Chapple Terrance Jones

Maximise Employee Benefits with Childcare Tax Exemptions As an employer, understanding the tax implications of the benefits you provide to your employees is crucial. One area where significant savings can be made is in childcare benefits, which can often be offered without incurring Tax or National Insurance obligations. In our latest blog post, we delve into the specifics of childcare tax exemptions for employers. We’ll explore: ·      What qualifies as exempt childcare benefits, including workplace nurseries and commercial childcare vouchers. ·      The criteria your workplace nursery must meet to qualify for exemptions. ·      The exemption limits based on the employee's rate of Income Tax. ·      Important next steps to ensure compliance and maximise benefits for your employees. Don't miss out on the opportunity to enhance your employee benefits package while navigating tax regulations effectively. Read the full blog to learn more about childcare tax exemptions and how they can benefit your business Read the blog here –  https://lnkd.in/e37e453i #Tax #Exemptions #Childcare #Employers #Accountants #Swansea #Neath #PortTalbot Fran Faull Ellie Hughes Richard Chapple Terrance Jones