Firm News | December 8, 2017

Full Autumn Budget 2017 reaction

Chancellor Philip Hammond unveiled plans for the fund in his Autumn Budget and added half the fund will be ringfenced for the six city regions that elected Metro Mayors this year, including Liverpool. The other half well be open to applications from cities across the UK, Mr Hammond said. He also announced a £28m ‘Housing … Continued

Business News | November 30, 2017

Claims For R&D Tax Credits Hit Record High

Research and development (R&D) tax credit claims by small businesses climbed to £1.345 billion in 2015/16, according to HMRC. The revenue recently released R&D data for the previous financial year that shows claims increased from £1 billion in 2014/15 to hit another record high last year. The total number of claims for R&D credits in … Continued

Tax News | November 30, 2017

Chancellor Freezes VAT Threshold Until 2020

.Small businesses breathed a collective sigh of relief when chancellor Philip Hammond resisted calls to lower the VAT registration threshold in Autumn Budget 2017. The Office of Tax Simplification (OTS) made eight core recommendations for the government to clarify the VAT system ahead of the chancellor’s speech on 22 November 2017. It called the current … Continued

Charity News | November 13, 2017

Trustees’ Week: 13-17 November 2017 – How You Can Offer Your Skills

We all have issues that we feel strongly about – it might be homelessness, or cancer, or heart disease – maybe it’s animal cruelty or a local hospice. Often we feel we want to offer a contribution and make a difference but we don’t know how. Charities are frequently on the lookout for help – … Continued

Employer News | November 1, 2017

Apprenticeship Levy Leaves Firms Baffled

Almost a quarter (23%) of businesses paying the apprenticeship levy has no understanding of how it works – six months after its introduction. 56% of more than 1,400 firms surveyed by the British Chambers of Commerce (BCC) did not expect to recover their payment, despite receiving an annual allowance to offset against the bill. As … Continued

BWM Online News | July 17, 2017

Making Tax Digital delayed to 2020 for taxes other than VAT

The Government has amended their plans for Making Tax Digital (MTD) so that under the reformed timetable only businesses with a turnover above the VAT threshold (£85,000) will have to start filing VAT information with MTD-compatible software from April 2019. In this initial phase of MTD, businesses will not need to provide HMRC with information … Continued

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Welcome to BWM. We are one of the leading, independent chartered accountancy practices in Liverpool with a heritage that can be traced back to 1926. At BWM we provide a wide range of accountancy and business support services to organisations and individuals throughout the North West of England and beyond. A successful, growing, single-office practice, we are big enough to deal with complexities of our largest clients, yet small enough to care about the needs of all our clients, irrespective of the size of their businesses. Our client base ranges from individuals and families to large companies and charities. Our experienced and skilled partners and their teams are ready to support you with high quality, individual yet affordable services however complex your personal or business needs. More ->