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 | January 4, 2018

Disincorporation Relief to End in March 2018

Disincorporation relief will not be extended beyond its 31 March 2018 expiry date. The relief was introduced in April 2013 in a bid to remove the tax burdens when small business owners want to change from a limited company to a sole trader or partnership. It allows companies to transfer certain assets, such as land, … Continued

Charity News | December 20, 2017

Merseyside Based BNI Chapters Offer Free Seat For Local Charities

BNI (Business Network International) is a highly successful business networking referral organisation. They have over 12,500 members in the UK and Ireland alone, passing over 676,000 referrals worth over £497 million every year.  Importantly BNI allows only one representative from each trade or profession to join any BNI group (or chapter as the groups known). … 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 ->