The analysis of the consultation on the draft new Statement of Recommended Practice (SORP) has been published by the Charity Commission, independent regulator of charities in England and Wales, and the Office of the Scottish Charity Regulator (OSCR) as the joint charities SORP-making body. The SORP provides a comprehensive framework for charity accounting and reporting … Continued
The Charity Commission, the regulator of charities in England and Wales, has published two new audio podcasts, designed to help charity trustees understand their duties under charity law. Over two podcasts, Neal Green Senior Policy Adviser at the Commission, and Steve Barnett, Head of Operational case work for the regulator in London, introduce Charity Commission … Continued
To download our tax cards for 2014/15 please follow this link BWM Tax Cards 2014-15
The introduction of changes to the taxation of limited liability partnerships will go ahead on 6 April 2014 despite calls for a 12 months’ delay to enable firms affected an opportunity to adjust. Under the draft proposals, partners have to satisfy one of three tests in order to maintain their status: Ensure at least a … Continued
Dave Verburg & Andy Gorman from Company DNA, delivered a training and coaching session to all BWMacfarlane staff on the 19th March. Staff were treated to on-site massages and other treatments in the morning from Wellbeing at Work client, Hiren Patel, and then convened over a lunchtime team building session. Results of a staff survey … Continued
This government programme helps small businesses get expert advice on: finance and cash flow recruiting and developing staff improving leadership and management skills marketing, attracting and keeping customers making the most of digital technology Some businesses will be randomly chosen to get a voucher for up to £2,000 to help finance specialist business support. You’ll have to … Continued
It has been confirmed that the implementation of the LLP/partnership tax changes will take effect from 6 April 2014 and will counter two main areas: The disguising of employment status in relation to salaried members of LLPs; and Tax-motivated profit/loss allocations between partners to secure a tax advantage. If an individual is caught by the … Continued
An immediate tangible benefit is the extension to the temporary £250,000 Annual Investment Allowance (AIA) which was die to expire at the end of this year. The increased allowance has been extended to 31 December 2015, and, has also been increased to £500,000, from 1 April 2014. This will benefit retailer planning shop refurbishments or … Continued
Companies that are Small and Medium sized Enterprises (SMEs) carrying out qualifying Research and Development can currently claim a corporation tax deduction of 225% of their qualifying spend. This means that £100,000 spend would result in a £225,000 reduction in taxable profits, potentially saving £45,000 corporation tax (at 20%). However, if the company is loss … Continued
There was some good news for the Not for Profit sector with new grants for air ambulance charities to offset VAT on fuel and an extension to the range of charities that will be allocated funds raised from LIBOR fines, The rate of the new Social Investment Tax Relief has also been confirmed at 30%; … 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
