The Government is introducing a fundamental change for UK resident non-domiciled individual (non-doms) from 6 April 2017. The new deemed UK domicile rules will mean that some non-doms will no longer be able to use the remittance basis and instead will be subject to UK tax on their worldwide income and gains. Additionally, all UK … Continued
HMRC has published revised advisory fuel rates for company cars, applying from 1 September 2016. The rates are to be used only where employers either reimburse employees for business travel in their company cars, or require employees to repay the cost of fuel used for private travel. These rates apply from 1 September 2016. You … Continued
HMRC have now confirmed that the £30,000 tax exemption which applies to termination payments for loss of employment will remain. However, there are changes proposed which are likely to add to the cost of many severance payments. Summary of the key points: The first £30,000 of a termination payment for loss of employment will remain … Continued
Comments from Peter Taaffe, Managing Partner at BWMacfarlane Two months on, still no-one really knows how this is going to pan out, other than the transition is going to be painful. How painful remains to be seen. So far, deep breath, shock over, it’s steady as she goes but a lot of uncertainty. The Bank … Continued
Small business owners spend 10% of their working day chasing payments, according to research by Xero. London businesses spend the most time chasing payments, up to 1.5 days each month followed by 1.3 days in Wales. Customers who themselves are waiting for payments and a lack of consistency on payment terms are the main reasons … Continued
More than half a million people have opened a Help to Buy ISA since the scheme was launched in December 2015. The Help to Buy ISA allows people to save up to £200 a month while receiving a 25% government bonus. The figures show that the average price of a home purchased using a Help … Continued
The number of self-employed workers increased from 3.8 million in 2008 to 4.6 million in 2015. Data from the Office for National Statistics (ONS) shows that the number of part-time, self-employed workers grew 88% between 2001 and 2015, compared to 25% for full-time, self-employed workers. Part-time workers accounted for 1.2 percentage points of the overall … Continued
A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly. Currently, over 955,000 appeals have been submitted against rating valuations but less than 2% of business rates appeals proceed to a tribunal hearing. The new process is part of … Continued
BWMacfarlane Chartered Accountancy practice in Liverpool is delighted to be the winners of ‘Best Customer Focused Business of the Year 2016’ in the city-wide awards for their commitment to providing great customer care. The twelfth annual City of Liverpool Business Awards gala dinner, sponsored by The Know Collection featuring The Richmond Hotel, Ameriesko, Esk Fitness … Continued
Join us and our expert speakers to understand your legal obligations with regards to Pension auto enrolment and the likely impacts of the EU referendum on employment law. Details are below: Date: Wednesday 14 September 2016 Venue: Liverpool Marriott 1 Queens Square Liverpool L1 1RH Time: Breakfast & Registration – 9am to 9.30am Event – … 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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