OJW Associates

OJW Associates Working for your success
(1)

⚖️ LLP Members: Is Your Tax Position Still Secure?A recent Supreme Court ruling has clarified how HMRC will assess the t...
17/07/2026

⚖️ LLP Members: Is Your Tax Position Still Secure?

A recent Supreme Court ruling has clarified how HMRC will assess the tax status of members in Limited Liability Partnerships (LLPs).

The decision could have significant implications for professional services firms, investment businesses and other organisations operating as LLPs.

The ruling focuses on whether LLP members have "significant influence" over the business.

The Court confirmed that only legally enforceable rights and responsibilities count—not informal influence gained through experience, reputation or seniority.

If your LLP structure relies on members being taxed as self-employed, now is a good time to review:

✔ LLP agreements
✔ Governance arrangements
✔ Member roles and responsibilities
✔ Compliance with the salaried member rules

If you're unsure whether your LLP structure remains compliant, we're happy to help you review your position.

Read more here - https://ojwassociates.co.uk/supreme-court-ruling-highlights-importance-of-llp-tax-compliance/

📞 01527 368220
📧 [email protected]

🧬 Funding Opportunity for Early-Stage Biotech BusinessesIf you're running an innovative biotechnology start-up, a new fu...
15/07/2026

🧬 Funding Opportunity for Early-Stage Biotech Businesses

If you're running an innovative biotechnology start-up, a new funding programme could help accelerate your growth.

The DeepTech Catalyst Bio Programme, delivered by the BBSRC and STFC, is now open for applications.

Successful applicants could receive:

💷 £50,000 in R&D funding
🎯 A £10,000 innovation voucher
🤝 Technical, commercial and intellectual property support
📈 Access to investors, customers and industry networks
🏢 Access to UK Research and Innovation campuses

To be eligible, businesses must be:

✔ UK-registered
✔ Less than five years old
✔ Majority-owned by founders and employees
✔ Developing bioscience-based innovations beyond the concept stage

⏰ Expressions of interest close 16

Read more on our blog - https://ojwassociates.co.uk/new-funding-opportunity-for-early-stage-biotech-start-ups/

If you're exploring funding opportunities to grow your business, we'd be happy to help you understand what's available and how funding could support your plans.

📞 01527 368220
📧 [email protected]

🏁 Qualifying done! ✔️A fantastic qualifying session for Alex, finishing P3 and qualifying P5 ! 🥳A red flag unfortunately...
13/07/2026

🏁 Qualifying done! ✔️

A fantastic qualifying session for Alex, finishing P3 and qualifying P5 ! 🥳

A red flag unfortunately brought the session to an early end, just as Alex was finding some clear space to put in another flying lap. The pace was definitely there, and he looked incredibly quick!

Starting from 5th means we're in for what promises to be a hectic and exciting race. Bring it on! 💪🏎️

📊 HMRC: Small Businesses Account for Most of the UK's Tax GapHMRC's latest Measuring Tax Gaps report estimates the UK's ...
13/07/2026

📊 HMRC: Small Businesses Account for Most of the UK's Tax Gap

HMRC's latest Measuring Tax Gaps report estimates the UK's tax gap reached £59.2 billion in 2024/25.

One of the key findings?

📌 Small businesses account for around 62% of the total tax gap, with unpaid Corporation Tax making up a significant proportion.

HMRC says the main reasons include:

✔ Errors in tax returns
✔ Failure to take reasonable care
✔ Tax evasion

Most businesses work hard to meet their tax obligations, but mistakes can still happen—especially as tax rules become more complex.

Keeping accurate records, submitting returns on time and seeking professional advice can help reduce the risk of costly errors.

Read more - https://ojwassociates.co.uk/hmrc-report-highlights-growing-tax-gap-among-small-businesses/

If you'd like support with your tax returns, bookkeeping or Corporation Tax, we're here to help.

📞 01527 368220
📧 [email protected]

⚠️ Health & Safety Isn't Just a Legal Requirement—It's Good BusinessNew research based on a Freedom of Information reque...
09/07/2026

⚠️ Health & Safety Isn't Just a Legal Requirement—It's Good Business

New research based on a Freedom of Information request has found that health and safety violations cost UK businesses more than £44 million in fines each year.

The findings also show that prosecutions for serious breaches have continued to rise in recent years.

To help protect your business, it's worth making sure you:

✔ Have an up-to-date health and safety policy
✔ Carry out regular risk assessments
✔ Keep accurate records of incidents and actions taken
✔ Appoint someone responsible for health and safety
✔ Ensure employees understand their responsibilities

For many businesses, investing a little time in prevention can avoid significant financial and reputational costs later.

Read more on our blog - https://ojwassociates.co.uk/health-safety-compliance-why-prevention-is-better-than-paying-the-price/

If you'd like support reviewing your business processes or ensuring your business remains compliant, Limelite HR & Learning can help!

https://limelitehr.com/

📞 01527 368220
📧 [email protected]

⚠️ Contractors: Be Aware of Tax Avoidance SchemesHMRC is reminding contractors working through umbrella companies to be ...
06/07/2026

⚠️ Contractors: Be Aware of Tax Avoidance Schemes

HMRC is reminding contractors working through umbrella companies to be vigilant and make sure they're paying the correct amount of tax.

Some tax avoidance schemes promise higher take-home pay, but they can leave workers facing unexpected tax bills later.

Watch out for providers who:

❌ Promise unusually high take-home pay
❌ Claim their schemes are "HMRC approved"
❌ Say they've been signed off by barristers as proof they're compliant

💡 HMRC does not approve tax avoidance schemes, regardless of what promoters claim.

If you're unsure how you're being paid or have concerns about your tax arrangements, it's worth reviewing them before problems arise.

Need advice? We're here to help.

Read more on our blog - https://ojwassociates.co.uk/contractors-how-to-avoid-bad-tax-advice-and-tax-avoidance-schemes/

📞 01527 368220
📧 [email protected]

🌍 UK Business Leaders Want Stronger EU Trade RelationshipsNew research from the Institute of Directors (IoD) suggests bu...
03/07/2026

🌍 UK Business Leaders Want Stronger EU Trade Relationships

New research from the Institute of Directors (IoD) suggests business priorities are continuing to evolve ten years after the Brexit vote.

The survey found:

📊 52% of business leaders now believe the EU should be the UK's top trading priority—up from 35% last year.

Other key findings include:

✔ 64% believe closer alignment with EU regulations would benefit the UK economy.
✔ 63% support the government's approach to pursuing closer regulatory alignment.
✔ Many business leaders also believe it's important that the UK retains control over its own regulations.

For businesses involved in importing, exporting or trading internationally, changes to UK-EU relations could have an impact on future opportunities, costs and regulations.

We'll continue to monitor developments and keep you updated.

Read more on our blog - https://ojwassociates.co.uk/business-leaders-call-for-stronger-uk-eu-trade-relations/

📞 01527 368220
📧 [email protected]

📄 Understanding Non-Disclosure Agreements (NDAs) as an EmployerNon-Disclosure Agreements (NDAs) remain a valuable tool f...
01/07/2026

📄 Understanding Non-Disclosure Agreements (NDAs) as an Employer

Non-Disclosure Agreements (NDAs) remain a valuable tool for businesses—but it's important to understand when they can and can't be used.

NDAs can help employers protect:

✔ Confidential business information
✔ Commercially sensitive data
✔ Trade secrets
✔ Settlement agreement terms

However, NDAs cannot be used to prevent someone from:

❌ Reporting workplace harassment or discrimination
❌ Reporting criminal activity to the police
❌ Whistleblowing in the public interest
❌ Discussing pay where equal pay rights are involved

Used correctly, NDAs help protect legitimate business interests. Used incorrectly, they may not be legally enforceable.

If you're unsure whether your employment contracts or settlement agreements are up to date, we're happy to help.

Read more - http://ojwassociates.co.uk/non-disclosure-agreements-what-every-employer-needs-to-know/

📞 01527 368220
📧 [email protected]

⚡ Rising Energy Costs Continue to Challenge UK ManufacturersNew research from Make UK suggests that 1 in 4 UK manufactur...
29/06/2026

⚡ Rising Energy Costs Continue to Challenge UK Manufacturers

New research from Make UK suggests that 1 in 4 UK manufacturers has already moved production overseas or is seriously considering doing so due to high energy costs.

The report highlights that:

✔ UK manufacturers pay around 27p per kWh for electricity.
✔ Comparable developed countries pay around 16p per kWh.
✔ US manufacturers pay as little as 6p per kWh.
✔ More businesses are outsourcing production overseas to remain competitive.

While government support schemes are planned, many manufacturers believe further action is needed sooner to help UK businesses compete internationally.

If rising costs are putting pressure on your business, reviewing your finances and planning ahead can make a real difference.

📞 01527 368220
📧 [email protected]

🚨 HMRC Steps Up High Street Tax Compliance ChecksHMRC has announced it will carry out 30,000 high street compliance inte...
26/06/2026

🚨 HMRC Steps Up High Street Tax Compliance Checks

HMRC has announced it will carry out 30,000 high street compliance interventions over the coming year as part of a nationwide crackdown on tax evasion and illegal business activity.

The campaign will focus on businesses where there is a higher risk of tax fraud, including:

✔ Cash-intensive businesses
✔ Businesses breaching National Minimum Wage rules
✔ Retailers selling illicit goods such as illegal vapes and to***co
✔ Businesses linked to money laundering
✔ Rogue directors repeatedly closing and reopening companies
✔ Businesses using software to suppress sales records

The initiative is designed to protect honest businesses by tackling those that gain an unfair advantage through illegal activity.

Read more - https://ojwassociates.co.uk/hmrc-launches-major-high-street-tax-compliance-crackdown/

If you're unsure whether your business records and tax processes are fully compliant, we're here to help.

📞 01527 368220
📧 [email protected]

Address

Britten House Britten Street
Redditch
B976HD

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+447969474677

Website

Alerts

Be the first to know and let us send you an email when OJW Associates posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category