Firm News | November 26, 2018

Winners of Liverpool Start-up Competition Revealed

Two student enterprises have been named as the winners of The Liverpool Start-up Competition, each receiving a £5,000 cash prize. Laura Hitchcock, BA Chinese with Business student, and Lukas Batak, BA International Business student, were both crowned winners for their start-up ideas.  They competed against four other teams at a live final at The Shankly … Continued

Business News | December 4, 2018

Small Retailers Get Business Rates Boost

Small retail businesses in England will see a reduction to their business rates, as announced in Budget 2018. Business rates will be reduced by a third for many retail properties with a rateable value below £51,000 for two years from April 2019, subject to state aid limits. The Chancellor said this will mean “an annual … Continued

Tax News | December 4, 2018

Christmas is The Time for Giving

Those thinking about making gifts at Christmas should take advantage of the various inheritance tax (IHT) exemptions and reliefs available to them. Note that certain gifts can also have capital gains tax (CGT) implications. The IHT annual exemption – use it or lose it! Although not particularly generous at £3,000 per donor per annum if … Continued

Charity News | November 21, 2018

Charity Commission Guidance on Changing Your Charity’s Financial Year

New guidance was published on 12 November 2018 regarding how to change a charity’s accounting reference date (or accounting year end as it it’s more commonly known). The guidance differentiates between Rules for charities that are not companies and Rules for charities that are companies Rules for charities that are not companies If your charity … Continued

Employer News | December 4, 2018

IR35 Reforms to be Extended to the Private Sector

Contractors could face a higher tax bill from April 2020 when reforms to IR35 legislation are set to take effect in the private sector. This is expected to raise more than £3 billion between 2020 and 2024, as self-employed individuals who fall within the rules, and the businesses engaging them, will face a higher tax … Continued

BWM Online News | November 7, 2018

Making Tax Digital (MTD) Letters From HMRC

HMRC are writing to around 380,000 businesses over the next two weeks to let them know about MTD for VAT and to advise that single companies, who have annual turnover of £85,000 or more, are now eligible to join the MTD pilot and can start submitting VAT returns under MTD before it become compulsory from … 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 ->