Welcome to WBD Accountants

We are a firm of Chartered Accountants offering accountancy and business consultancy services to owner managed and family owned businesses.

Specialist Service

We offer a specialist service to businesses to provide a cost-effective, high value solution for all your financial needs. We can give you and your business assistance and helpful advice on a daily basis when required. Take a look at our services to discover how we can help your business grow. To access a wealth of information visit our resource centre or view our free factsheets.

HELPING BUSINESSES GROW AND SUCCEED

As part of our core aim of helping local businesses grow and succeed we offer the following planning and growth services amongst many more.

  • Business Structure planning service and support
  • Goal setting
  • Business budgeting
  • Business restructure and refinance
  • Mergers and Acquisitions – due diligence and support
  • Sale of business
  • Inheritance Tax planning and support
  • Workplace Pensions - Auto enrolment implementation support and guidance

AVN

WBD Accountants are founder members of AVN, an association of accountants committed to helping UK owner managed businesses become the most successful and enjoyable to run in the world. Click here to find out more about our added value services.


ServicesIndividuals & Businesses

We offer a range of compliance, added value and planning services to all our customers.

Click here

Resources Interactive tools & factsheets

Our resources and factsheets are designed to help keep business owners aware of the latest changes in the financial world.

Click here

1st Meeting Free!

We are only a quick phone call or email away so please don't hesitate to get in touch.

Contact us

The current hot topic

PAYE penalties

HMRC are getting tough on employers who fail to meet their Real Time Information (RTI) reporting and payment obligations. The RTI automation of PAYE enables HMRC to more closely monitor the operation of the system. Many of the requirements are not new - file on time and pay on time. However, HMRC are now looking to apply these rules strictly and to penalise those employers don't comply.

Automatic in-year late filing penalties introduced

For the majority of employers automatic in-year late filing penalties are introduced from 6 October 2014 for late filed RTI returns. Employers with more than 49 employees whose submissions for the period 6 April - 5 October 2014 are up to date by 5 October will not face in-year late filing penalties. Employers should ensure they bring, and keep, their affairs up to date.

There will be no penalty for the first month of failure but subsequent penalties for an employer who, during a tax month, fails to make a return on or before the filing date will be as follows:

  • 1-9 employees - £100;
  • 10-49 employees - £200;
  • 50-249 employees - £300; and
  • 250 or more employees - £400.

This includes annual and quarterly schemes.

Delay in penalties for some

For small employers, those with less than 50 employees the introduction of penalties has been delayed until 6 March 2015. 

Relaxation for some micro employers

Existing employers with nine or fewer employees are also able to report PAYE information on or before the last payday in the tax month until April 2016.  

The way forward

You need to ensure that you make your RTI returns and pay your liabilities on time, every time. Please do get in touch if you would like to discuss any of these issues in more detail or how we can help with your payroll.