Andrew Winearls (Bury St Edmunds)

Andrew joined the firm in 1980, qualifying in 1985. He has a general practice portfolio of clients, with a leaning towards the agriculture industry. He is a member of the Chartered Institute of Taxation and a significant part of his work involves tax planning issues. Outside of the Bury St. Edmunds and Mildenhall offices, where he is a partner, Andrew is the treasurer of the Bury Abbey Rotary Club. His interests include spending time in the countryside and supporting Norwich City FC.
 
My Latest Blogs
 
Andrew Winearls
28th January 2017 State Pension Entitlement

Voluntary Payment of Class 2 NIC by Self-Employed: Protect your state pension ? Self-employed individuals and Partners in trading Partnerships now pay class 2 national insurance contributions annually on 31st January following the end of the tax year through their Self-Assessment Return. Prior to 5th April 2015 those on low incomes had to pay Class…

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Andrew Winearls
6th June 2015 Share Valuation Test Case

Mr & Mrs Foulser v HMRC: interesting test case on valuing shares in unquoted company. Business owners may only have to value shares in their family company on a few occasions during their lifetime (eg for commercial share transfers, gifts or capital taxes calculations), but the numbers involved are likely to be material. So a…

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Andrew Winearls
5th March 2014 MBO Succession

IT Business Sold via an MBO. The corporate finance team at Whitings, specialists in acquiring and selling SME businesses, has recently supported their IT software client to move forward with new ownership. Andrew Winearls, on behalf of the corporate finance department at the Suffolk based firm, was enlisted by the minority shareholders at the firm,…

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Andrew Winearls
3rd December 2013 International Tax

UK Tops World League Table of Business Tax Competitiveness. In Accountant KPMG’s 7th annual survey of where in the world is it best for a business to be based, the UK has scored highly, beating its usual rivals. When businesses were asked to name their top 3 most attractive countries from a tax perspective, the answers ranked: 65% –…

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Andrew Winearls
20th March 2013 Budget 2013 and Busines Tax

The 2013 Budget has some good tax news for SME businesses: The new £2,000 Employment Allowance will help reduce the hidden employment cost that Employer’s NIC has now become. The continual gradual reduction in the main rate of corporation tax towards 20% will also lead to reductions in the marginal rate, which will help the SME’s that…

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Andrew Winearls
14th December 2012 Autumn Statement Tax Announcements

Chancellor helps UK business. In his 2012 Autumn Statement Chancellor George Osbourne announced a raft of tax measures to help UK businesses steer through the current recession: Pre Budget announcements and Whiting’s Commentary   Initiatives of particular help included: Increasing the Annual Investment Allowance (100% capital allowances on Plant in year of purchase) from £25,000 to £250,000 wef…

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