News & Events | WDM - Part 3

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Industry groups say more work needed after UK-EU trade deal ratified May 14, 2021

Industry groups have called on the government to take further steps to normalise trade with the EU after the European Parliament voted to ratify the post-Brexit trade deal. EU lawmakers cleared the Trade and Co-operation Agreement (TCA) by 660 votes to five, with 32 abstentions. Now, trade groups say the government must urgently address the
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HMRC sets out penalty regime for SEISS abuse May 14, 2021

The fourth Self-employment Income Support Scheme (SEISS) grant is now live and HMRC has set out the penalties for abuse. An overclaimed SEISS grant includes any amount of grant which the self-employed were not entitled to receive or was more than the amount HMRC said the applicant was entitled to when the claim was made.
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Pension fraud increased to £1.8 million in first quarter of 2021, data reveals April 29, 2021

Losses from pension fraud rose to £1.8 million in the first three months of this year, according to figures from Action Fraud. 107 reports of pension fraud were made in the first quarter of 2021, an increase of almost 45% when compared to the same period in 2020. Pension scams often include free pension reviews,
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CBI calls for extension of Kickstart Scheme as jobs market remains subdued April 29, 2021

The Confederation of British Industry (CBI) has urged the government to extend the Kickstart Scheme to help young people who are bearing the brunt of the subdued job market. The Kickstart Scheme was launched in September and promised to pay the wages and associated employment costs for businesses taking on 16 to 24-year-olds in receipt
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Fourth self-employed grant now open for online applications April 29, 2021

The online service for applications for the fourth Self-employment Income Support Scheme (SEISS) grant is now open for claims, HMRC has confirmed. All applications must be submitted by the individual self-employed worker and cannot be handled by accountants or tax advisers. The fourth grant will be 80% of three months’ average trading profits, to be claimed
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From the opening of our store to the eventual sale of four stores seventeen years later, WDM have provided invaluable assistance all the way along. They are more than just an accountant to us and we couldn't speak highly enough of them.

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