Thorne Widgery

15/10/2026

🚜 We're delighted to be attending another year at the Herefordshire Rural Hub Business Advice Day! This time at a brand-new location, The Shell Store in Hereford!

Our team will be on hand throughout the day, so if you're attending, be sure to pop over and say hello!

📅 Wednesday 11th November 2026
🕚 11am – 4pm
📍 The Shell Store, Skylon Park, Hereford
🎟️ Free entry!

We look forward to seeing you there!

14/10/2026

Could giving to charity actually reduce your Inheritance Tax bill?

With more estates falling within the scope of Inheritance Tax (IHT), effective estate planning is becoming increasingly important.

But did you know that leaving at least 10% of your estate to charity could reduce the IHT rate from 40% to 36%?

In some circumstances, this could mean:
✅ A worthwhile donation to a charity close to your heart.
✅ A reduced Inheritance Tax liability.
✅ More money potentially being passed on to your loved ones.

In our latest blog, we explore how charitable giving can help reduce IHT, including an example where a charitable donation results in a £15,000 tax saving!.

Read the full article here 👇

https://www.thornewidgery.co.uk/how-charitable-giving-could-reduce-your-iht-bill/

06/10/2026

What is a Vulnerable Person’s Trust? and what are the potential tax benefits?

A Vulnerable Person’s Trust (VPT) can be used to help provide long-term financial security for a vulnerable person. Where the trust and beneficiary meet the qualifying criteria, it can also benefit from favourable tax treatment.

This can include:
🔹 Favourable Inheritance Tax treatment compared with trusts within the normal relevant property regime
🔹 Potential Income Tax and Capital Gains Tax advantages
🔹 A higher Capital Gains Tax annual exemption than most other trusts

However, the rules around who qualifies, how the trust is structured and how assets are transferred into it can be complex.

In our latest article, we look at how Vulnerable Person’s Trusts work, who may qualify and some of the key tax considerations to be aware of.

👉 Read the full article: https://www.thornewidgery.co.uk/vulnerable-persons-trusts-what-are-the-tax-benefits/

30/09/2026

What will the Autumn Budget mean for you and your business?

We’re bringing together specialists from across DJH for a free live Budget briefing on Thursday 29th October, and we’d love you to join us.

Just one day after the Chancellor’s announcement, our team will explain the key changes, discuss what they could mean for businesses and individuals, and answer your questions in a live Q&A.

📅 Thursday 29 October 2026
🕛 12:00–1:30 pm
💻 Online via Zoom

Register here: https://www.eventbrite.com/e/the-autumn-budget-2026-everything-you-need-to-know-tickets-1999667361909?aff=oddtdtcreator
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25/09/2026

The launch of the National Insurance Replacement Credits Service (NIRCS) has been pushed back from April 2026 to April 2027.

The service is intended to help certain parents and carers who did not claim Child Benefit from 2013 onwards and may, as a result, have gaps in their National Insurance record.

For some individuals, these gaps could affect future State Pension entitlement, while those already receiving State Pension, or approaching State Pension age, may be more immediately affected by the delay.

In our latest article, we explain:
- Who may be eligible
- How replacement credits could affect State Pension entitlement
- How far claims may be backdated
- What to do if the delay could cause a financial loss

Read the full article here:
https://www.thornewidgery.co.uk/national-insurance-replacement-credits-delayed-until-april-2027/

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17/09/2026

Developing contaminated or derelict land can come with significant additional costs, but Land Remediation Relief could help reduce the financial impact.

The relief can apply to qualifying remediation work on land affected by issues such as contamination, Japanese knotweed or derelict structures, potentially providing valuable corporation tax savings.

In our latest blog, we look at:
• What Land Remediation Relief is
• What types of land may qualify
• Which remediation costs can potentially be claimed
• How staffing and professional costs may be treated

If you’re involved in property development or the redevelopment of brownfield land, it’s worth understanding whether the relief could apply to your project.

Read the full blog here: https://www.thornewidgery.co.uk/land-remediation-relief-what-property-developers-need-to-know/

With the Government striving to meet its pledge to build 1.5 million new homes during the course of this Parliament, […]

11/09/2026

Meet Kacper Lewandowski, our new Bookkeeping Apprentice!

With a keen interest in maths, business and finance, Kacper joins Thorne Widgery to develop his skills and gain practical experience, with the long-term ambition of becoming a Chartered Accountant.

Outside of work, you’ll find him playing football for Hinton, supporting Liverpool or heading to the gym.

Welcome to the team, Kacper!

08/09/2026

Could you be paying more VAT than necessary on building work?

Certain residential conversions and renovations can qualify for a reduced 5% VAT rate, rather than the standard 20%.

Getting the VAT treatment wrong can be costly for builders, developers and property owners.

In our latest blog, we look at when the 5% rate can apply, what happens if too much VAT has been charged and the key points to consider before work begins.

Read the full article here: https://www.thornewidgery.co.uk/could-your-building-work-qualify-for-the-5-vat-rate/

03/09/2026

We’re pleased to welcome Aleks Striunga to the TW team as our new Accounts Apprentice! 👋

Aleks developed an interest in accounting during sixth form and is looking forward to building his knowledge, taking on new challenges and gaining experience across different areas of the profession.

Outside of work, Aleks is a keen footballer and plays for local club Pegasus, as well as enjoying going to the gym. ⚽

Welcome to the team, Aleks! We’re looking forward to seeing you develop your career with us.

24/08/2026

How would your business cope if a key person was suddenly unable to work?

Key person insurance can provide valuable financial protection if an important director or employee becomes seriously ill, suffers an injury or sadly passes away.

However, the tax treatment of the premiums and any eventual payout will depend on the purpose and structure of the policy.

Read our latest blog to find out what businesses need to consider.
🔗 https://www.thornewidgery.co.uk/key-person-insurance-what-businesses-need-to-know-about-tax/