C F W Accountants LLP

trusted accountants in Northamptonshire
providing unrivalled customer service

We are a professional team of accountants who provide expert services to business and individuals across the country.

We pride ourselves on offering a personalised accountancy service delivered by highly experienced staff with the knowledge to help your business succeed.

Our experienced team can help you every step of the way in reaching your business goals. From bookkeeping and accounts preparation to payroll and VAT services, we are on hand to assist.

We also provide a wide range of services for private individuals including tax returns and tax planning. We work with clients of all shapes and sizes, so whether you are just starting out, or you are a well-established business looking for expert guidance, we are here for you.

If you are looking for pro-active accountants who will help you make more profit and be more tax efficient, please call or email us today for a free consultation.

Latest news from C F W Accountants LLP

January 16, 2025
Balancing AI's promise and pitfalls

Artificial intelligence (AI) continues to bring benefits across many industries, including healthcare diagnostics and consumer technology. However, as its applications expand, so do concerns about its accuracy and potential for misuse. Two recent examples—the use of AI in detecting ovarian cancer and its controversial implementation in summarising news—illustrate both the transformative potential and the risks of AI.

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January 15, 2025
New digital markets competition regime now in force

Last week, the Competition and Markets Authority (CMA) set out its initial plans for the new digital markets competition regime. The regime is designed to support the UK’s tech sector and has its legal footing in the Digital Markets, Competition and Consumers Act. The Act received royal assent in May 2024 but came into force on 1 January 2025.

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January 13, 2025
Tax return filing deadline looms

With the 31 January Self-Assessment tax return filing deadline fast approaching, HM Revenue and Customs issued a press release last week noting that 5.4 million taxpayers are yet to complete their return.

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January 10, 2025
The importance of right to work checks continues to be emphasised

Recent immigration enforcement activity has highlighted the need for employers to ensure their workers have the right to work in the UK. With thousands of enforcement visits, arrests, and hefty fines being issued, businesses that neglect their responsibilities risk serious consequences.

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January 8, 2025
New year resolution: A fitter workforce?

The benefits of exercise on our physical and mental health are well known. The healthier and fitter we are the better we work on our business. A healthier, fitter workforce are also much more likely to be productive and happier. Yet, many of us struggle to find the time or energy to do enough exercise.

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January 6, 2025
A fresh start: Reviewing your business goals for the New Year

The start of January marks a time of new beginnings, and for business owners, it’s the perfect opportunity to pause, reflect, and plan ahead. After the whirlwind of the festive season, January offers a quieter moment to consider where your business is headed, how it’s performing, and whether you’re still on track to meet your goals.

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January 2, 2025
Latest statistics show economy shrinking while wages grow

The Office for National Statistics’ (ONS) latest official figures for October show that the economy shrank for the second month in a row, while pay growth increased for the first time in more than a year.

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December 23, 2024
Spring Forecast scheduled for 26 March 2025

Rachel Reeves, the Chancellor of the Exchequer, has confirmed 26 March 2025 as the date for the Spring Forecast.

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March 21, 2024
High-Income Child Benefit Charge

In an effort to reduce unfairness, during the Spring Budget on 6 March 2024, Chancellor Jeremy Hunt announced the thresholds for the High-Income Child Benefit Charge will be increased from 6 April 2024. This will affect any higher rate earner who is entitled to claim Child Benefit.

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March 22, 2024
Are you or your employees making good use of Tax-Free Childcare?

Tax-Free Childcare is available to working families to help them save on their childcare costs. However, many may not be making use of this provision and with the Easter break soon upon us, HM Revenue & Customs (HMRC) is encouraging families who have not yet signed up to consider doing so.

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March 25, 2024
Increase to small company thresholds

Thresholds based on a company’s accounts and employee numbers determine whether a company is categorised as small or not. Being able to qualify as a small or medium sized business can cut red tape for a business with the reduced amount of both non-financial and financial reporting a small or medium sized business is required to do.

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March 27, 2024
Employers – Are you ready for the new tax year?

The new tax year begins on 6th April and for employers running monthly payrolls, the March pay run will be the last of the 2023/24 tax year.

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March 28, 2024
Major reforms to apprenticeships announced

The Prime Minister, Rishi Sunak, has announced reforms to apprenticeships that will enable up to 20,000 more apprenticeships and could be especially welcome news to small businesses.

Read article
April 4, 2024
Could the VAT Annual Accounting Scheme be good for your business?

VAT-registered businesses normally submit their VAT returns and payments to HM Revenue and Customs 4 times a year. However, HM Revenue and Customs also offer an Annual Accounting Scheme for businesses with a taxable turnover of £1.35 million or less.

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April 5, 2024
Payroll reminder – National Insurance rate reducing from 6 April

From 6 April 2024, the 2% cut in employee national insurance contributions will come into effect. Employees will now be deducted 8%, rather than 10%, on monthly earnings between £1,048 and £4,189. A 2% deduction on earnings above this amount continues to apply.

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April 8, 2024
Thinking of buying another business? What due diligence should you consider?

When in business, it’s not uncommon to be approached by another business with a view to you buying the business or entering a partnership deal. It might be a competitor that approaches you, or it could be a customer or supplier.

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March 21, 2024
High-Income Child Benefit Charge

In an effort to reduce unfairness, during the Spring Budget on 6 March 2024, Chancellor Jeremy Hunt announced the thresholds for the High-Income Child Benefit Charge will be increased from 6 April 2024. This will affect any higher rate earner who is entitled to claim Child Benefit.

Read article
March 22, 2024
Are you or your employees making good use of Tax-Free Childcare?

Tax-Free Childcare is available to working families to help them save on their childcare costs. However, many may not be making use of this provision and with the Easter break soon upon us, HM Revenue & Customs (HMRC) is encouraging families who have not yet signed up to consider doing so.

Read article
March 25, 2024
Increase to small company thresholds

Thresholds based on a company’s accounts and employee numbers determine whether a company is categorised as small or not. Being able to qualify as a small or medium sized business can cut red tape for a business with the reduced amount of both non-financial and financial reporting a small or medium sized business is required to do.

Read article
March 27, 2024
Employers – Are you ready for the new tax year?

The new tax year begins on 6th April and for employers running monthly payrolls, the March pay run will be the last of the 2023/24 tax year.

Read article
March 28, 2024
Major reforms to apprenticeships announced

The Prime Minister, Rishi Sunak, has announced reforms to apprenticeships that will enable up to 20,000 more apprenticeships and could be especially welcome news to small businesses.

Read article
April 4, 2024
Could the VAT Annual Accounting Scheme be good for your business?

VAT-registered businesses normally submit their VAT returns and payments to HM Revenue and Customs 4 times a year. However, HM Revenue and Customs also offer an Annual Accounting Scheme for businesses with a taxable turnover of £1.35 million or less.

Read article