The pension reforms introduced by George Osborne could cost £5 billion and push house prices up in the long term, according to the Office for Budget Responsibility (OBR). The report examined the projected economic effects of a range of the ex-chancellor’s reforms, including the pension freedoms and savings products such as the Help to Buy … Continued
The government is concerned that many small companies are missing out on generous R&D tax credits. For the last year HMRC have been offering companies an advance assurance scheme to check whether or not their activities qualify before they make a claim. So far over 200 applications for advance assurance have been made. There is … Continued
Where a married couple hold savings accounts and other investments in joint names, the income from those investments is split 50:50 for tax purposes, unless there is an election to allocate the income in accordance with their beneficial interests. This is particularly important where the couples’ marginal tax rates are different now that there are … Continued
A new £4m investment fund for early-stage and growing social businesses across the North West has been launched. Bob Taylor, the group chief executive of social investment business First Ark, has announced the launch of the fund and invited socially-driven groups to come forward and apply at the Northern Enterprise Conference in Manchester. The fund, … Continued
Students from the University of Liverpool’s Department of Sociology, Social Policy and Criminology are looking to engage in volunteering with non-profit organisations. If you would be interested in having a student volunteer (a minimum of 48 hours) for your organisation there will be an event to meet students and show-case volunteering opportunities on 26th October … Continued
The deadline to submit your self-assessment paper tax return for the 2015/16 tax year is 31 October 2016. Tax returns must account for all income received during each tax year running from 6 April to 5 April. The form to complete is SA100. This should include: income from self-employment employment income dividends income and expenses … Continued
The government’s tax-free childcare scheme is due to launch in early 2017. As part of the scheme, parents will be able to set up an online account with HMRC to pay for childcare with a registered provider. The government will top up the account by 20% up to a total of £10,000. The maximum government … Continued
EU employees are concerned about their residency status following the EU referendum. A British Chambers of Commerce (BCC) survey of 800 companies who employ EU workers found that 41% of businesses say their EU staff are worried. Further findings: 5% have seen members of staff resign 10% have seen their employees express an intention to … Continued
Businesses paid £44.4 billion in corporation tax in 2015/16, according to figures from HMRC. This is an increase of 3% from the £43 billion collected in 2014/15, and is the highest since 2007/08. The figure reflects increases in tax from the manufacturing, distribution, financial services and commercial sectors. North Sea oil and gas sector receipts … Continued
This article outlines some of the different ways employers can reward their staff and the tax implications of each approach. Seemingly as quickly as it came, another year is galloping off into the distance and people’s minds are beginning to turn to the festive holidays. Employers will want to show their staff that the year’s … Continued
🎅🏻BWM Christmas opening hours🎅🏻
🎄The BWM office will be closed over the Christmas period from close of business on Friday 22 December 2023 at 12pm until 9am on Tuesday 2 January 2024. 🎄
The Easter Bunny has come early!🐣Chocolate inspired pay day treat for all our lovely staff 🍫 🐇
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Tempest Suite 5.1, 12 Tithebarn Street,
Liverpool, L2 2DT
Phone: 0151 236 1494
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