All News

Posted 19th May 2025 in All

Investing in People: Wright Vigar Announces 14 Promotions Including One Senior Appointment

At Wright Vigar, we understand that real growth begins with people. That is why we are proud to share news of 14 internal promotions across our offices, a reflection of...

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Posted 15th May 2025 in All

Wright Vigar Expands Newark Office with Key New Appointments

Wright Vigar, a leading independent chartered accountancy firm, has announced the continued growth and development of its Newark office with the addition of two experienced professionals to its team.The firm...

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Posted 07th May 2025 in All

Why Does My Business Look Profitable but My Bank Balance Says Otherwise?

The Common Disconnect Between Profit and Cash FlowMany business owners experience a frustrating paradox: their financial statements show a healthy profit, yet their bank account tells a different story. Despite...

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Posted 29th Apr 2025 in All

Crypto Gains or Crypto Pains? Understanding HMRC’s Crypto Tax Rules

Introduction: The Rise of Crypto and the Tax ConfusionCryptocurrency has surged in popularity over the past decade, evolving from a niche digital asset into a mainstream investment. Whether you're trading...

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Posted 24th Apr 2025 in All

Tax reliefs for individuals: how to reduce your tax bill

Many individuals and businesses across the UK unknowingly overpay tax each year. This happens due to missed deductions, unclaimed reliefs, and a lack of proactive tax planning. Understanding how tax...

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Posted 16th Apr 2025 in All

Myth: "I Don’t Need to Worry About Tax Deadlines Until January" – The Risks of Last-Minute Filing

The Common Mindset Around Tax DeadlinesEach year, as the January 31st deadline for self-assessment tax returns approaches, countless individuals and business owners find themselves scrambling to gather necessary documents and...

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Posted 09th Apr 2025 in All

Wright Vigar Joins the Lincoln 10k Corporate Challenge to Support Andy's Hospice

We are thrilled to announce that Wright Vigar participated in this year's Lincoln 10k Corporate Challenge, fielding an enthusiastic team of 17 runners. Our participation was not just about competing...

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Posted 08th Apr 2025 in All

Major Lease Accounting Changes Coming: What Business Owners Need to Know About the 2024 UK GAAP Amendments

Introduction: A New Era for Financial ReportingAs a business owner, keeping up with accounting standards may not be at the top of your priority list. However, with the updates to...

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Posted 01st Apr 2025 in All

Navigating the 2025 Tax Changes: What Companies and Individuals Need to Know

As the new financial year for companies and the new tax year for individuals is now here, it's crucial to stay informed about the upcoming tax changes that could impact...

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Posted 26th Mar 2025 in All

Spring Statement 2025 - Initial Reaction

Following the record tax increases in the Autumn Budget in October 2024, there has been a great deal of trepidation around what further measures would be announced in the Spring...

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Posted 19th Mar 2025 in All

Off Payroll Working Rules: Changes to Company Size Thresholds

HMRC has now confirmed that the changes to company size thresholds, effective from 6 April 2025, will also apply to the off payroll working rules. This is important news for...

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Posted 12th Mar 2025 in All

New Agricultural Funding Opportunities: What You Need to Know

Key Financial Updates for Agri-BusinessesOn 24 February, the government revealed several significant funding initiatives that could provide useful for farmers.Higher Level Stewardship Payment IncreasesIf you are already engaged in Higher...

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