The 20% basic rate band is £31,785 for 2015/16 and will be £31,900 for 2016/17. This means that you pay 40% tax if your taxable income exceeds £42,385 for 2015/16 and £42,700 for 2016/17. It is proposed that the higher rate tax threshold will increase to £43,300 for 2017/18. The 45% top rate continues to … Continued
As already announced the basic personal allowance for 2015/16 will be £10,600. The Budget on 18 March announced that there will be a further above inflation increase to £10,800 for 2016/17 and £11,000 in 2017/18. Those aged 75 and over will continue to receive a personal allowance of £10,660 for 2015/16 and by 2016/17 they … Continued
As recently introduced by Liverpool City Council, Wirral Borough Council are now also enforcing the Licensing Scheme from 1 July 2015. The scheme is being introduced under the Government’s selective licensing laws and signing up for it is compulsory if your let property is within the selected area. What are the benefits of the scheme? … Continued
A third of charities’ annual accounts are of unacceptable quality and two-thirds of charities fail to formally report on the public benefit they provide in their annual reports, according to the Charity Commission. The regulator has today published two reports based on a random sample of 107 charities’ most recent annual accounts, covering the latest … Continued
The Law Commission has proposed 40 changes to charity law and asked for views on a further 57 issues where it feels there may be a need for reform, in a consultation document released last week. The Technical Issues in Charity Law a Consultation Paper, produced in consultation with organisations across the sector, offers proposals … Continued
We have welcomed four new starters to the practice so far in 2015 as part of our continued expansion in Liverpool. From left to right our newest team members are: Andrew Smith, Accounts Apprentice Samantha Williams, Accounts Assistant Scott Horwood, Accounts Assistant Alan Flett, Audit Manager We are now one of the largest independent accountants in … Continued
Chancellor George Osborne used his final Budget statement of this Parliament to announce that “Britain is walking tall again”. There are many things to be positive about: Economy The economy grew 2.6% in 2014 – faster than any other advanced economy. The Office for Budget Responsibility (OBR) has revised up its 2015 growth forecast to … Continued
HMRC have announced some changes to the Advisory Fuel Rates from 1 March 2015. These rates only apply to employees using a company car. You can use the previous rates for up to 1 month from the date the new rates apply. Engine size Petrol LPG 1400cc or less 11p 8p 1401cc to 2000cc 13p … Continued
HMRC have recently advised that the automatic penalties for late PAYE payments that were due to start from 6 April 2015 will now be risk-assessed. HMRC have confirmed that automatic penalties for filing RTI submissions late will start from 6 April 2015, but there is to be a new three –day concession for those who … Continued
HM Revenue & Customs (HMRC) has recently named 70 offenders who have failed to pay the National Minimum Wage (NMW). Currently, the NMW adult rate (21 and over) is £6.50 per hour with an annual October update. There are three other rates, an apprentice rate, a 16-17 year old rate and an 18-20 year old … 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 🍫 🐇
2
Tempest Suite 5.1, 12 Tithebarn Street,
Liverpool, L2 2DT
Phone: 0151 236 1494
Sign up for news of BWM seminars and events
