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insight, guides and tips on how to make the most of your finances

Happy Holidays!

Dec 19, 2018 | News

Dear Clients, Wishing you a very Merry Christmas and a Happy New Year! 2018 has been a massive year for us at WIS, some of our key achievements are, Launch of Brand-new content rich website Launch of Mobile app to complement our online portal WISe Introduction of...

FAQs on HMRC Payment on Account

Dec 10, 2018 | Budget, Government announcements, HMRC, News

We had lot of questions from our clients regarding this and hope this article will help them understand this better. WHAT IS PAYMENT ON ACCOUNT? ‘Payments on account’ are payments made towards your following year’s income tax. In other words “Advance Payments” towards...

UK (except Scotland) Tax rates and allowances for 2019/20

Oct 31, 2018 | Accounting and bookkeeping, Budget, Tax

Band/Category Tax rate Taxable income 2018/19 (UK - except Scotland) 2019/20 (UK - except Scotland) Personal Allowance 0% Up to £11,850 Up to £12,500 Basic rate 20% £11,851 to £46,350 £12,500 to £50,000 Higher rate 40% £46,351 to £150,000 £50,000 to £150,000...

BUDGET 2018: KEY TAKE AWAYS FOR CONTRACTORS!

Oct 29, 2018 | Budget, Government announcements, HMRC, IR35

Chancellor of the Exchequer H.E Philip Hammond delivered his speech today at Westminster. He opened the speech with "A budget for the strivers, the grafters and the carers” and "era of austerity is finally coming to an end”. We will look at some key pointes relevant...

Trivial Benefits – Getting the most out of your Company!

Oct 4, 2018 | Accounting and bookkeeping, Business Expenses, IR35, Running a business

Up till now your company had a staff welfare benefit of £150 per employee, which can be utilized at a staff Christmas party or other company events. There might have been occasions where you thought to gift your employees or throw a small staff function or even buy a...

ANNOUNCING THE LAUNCH OF OUR NEW MOBILE APP!

Jul 28, 2018 | Marketing, Mobileapp, Software

We are very excited to announce the launch of our new Mobile App to complement our Online Portal WISe. We have designed it with you in mind. You can create invoices, update expenses, receive notifications and more importantly can view Company and Shareholder Financial...