Employers must now pay workers over the age of 25 at least £7.20 an hour. The national living wage (NLW) replaces the current national minimum wage (NMW) of £6.70 an hour for people who are 25 or over. This is not a simple increase of the adult rate of NMW as individuals between 21 and … Continued
More than 150,000 people have bought a home using the Help to Buy Scheme since its launch in 2013. The mortgage guarantee scheme, which allows lenders to buy a guarantee on mortgage loans, has proved popular with first-time buyers. The Treasury reports that 79% of mortgage completions through the mortgage guarantee scheme were people buying … Continued
A lack of leadership and management skills may be inhibiting the growth of businesses. Just under half of new start-ups in the UK last less than 3 years. The UK also has a growing productivity gap, currently 18% below the G7 average. A report by the Federation of Small Businesses looked at the level of … Continued
What is the annual tax on enveloped dwellings? The annual tax on enveloped dwellings (ATED) was introduced as part of a package of measures aimed at making it less attractive to hold high-value UK residential property indirectly, e.g. through a company, in order to avoid or minimise taxes such as stamp duty land tax (SDLT) … Continued
The Telegraph highlights a little-known tax loophole which could mean buy-to-let investors and buyers of second homes are exempt from the higher rates of stamp duty that come into force. For existing property owners to be exempt, they must be buying a main residence rather than a second home or investment property and have previously … Continued
There has been a recent change of policy at Companies House as part of their aim to ensure that Companies keep their filing requirements up to date. They are instigating ‘Proposal to Strike Off’ procedures against Companies and LLP’s in all cases where any document is more than 2 months late. This applies to Accounts … Continued
Entrepreneurs’ tax relief has been extended to include long-term investors in unlisted companies. Entrepreneurs’ relief applies to business owners seeking to sell on their business, who are eligible for a preferential tax rate of 10 percent on business gains for up to £10 million. As part of the new ruling, entrepreneurs will be able to … Continued
From 6 April 2016, new regulations require all UK companies, including charitable companies, to keep a register of those people who own or have significant control over them. All companies subject to the new rules will also have to file relevant details with Companies House from 30 June 2016. Charities and social enterprises established as … Continued
From April 2016, all UK private companies and LLPs will have to disclose their beneficial owners under the new Persons of Significant Control (PSC) register. The register, introduced under The Small Business, Enterprise & Employment Act 2015, brings new rules on identifying and recording who owns and controls these type of firms. The firms in … Continued
With so much going on in the charity sector we have invited an excellent line-up of speakers to provide updates and share their expert opinions on some of the key topical issues: Key Performance Indicators (KPIs) and dashboard Case study on co-designing and implementing a dashboard Recruiting a truly effective board An introduction to charity … 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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Liverpool, L2 2DT
Phone: 0151 236 1494
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