If you are looking for investment opportunities, have you considered the Enterprise Investment Scheme (EIS), which offers income tax relief of 30 per cent as well as capital gains tax relief? An even more generous tax break is available for investment in A qualifying Seed EIS company where income tax relief at 50 per cent … Continued
Your maximum annual investment in ISAs for 2013/14 is £11,520 (up to £5,760 of which can be saved in a cash ISA). Your investment needs to be made before 6 April 2014. In addition have you thought about investing for your children or grandchildren by setting up a Junior ISAs or pensions? In the 2013/14 … Continued
For every £2 that your adjusted net income exceeds £100,000 the £9,440 personal allowance is reduced by £1. Pension contributions and Gift Aid can help to reduce adjusted net income and save tax at an effective rate of 60%.
Higher rate taxpayers should make any charitable payments under Gift Aid so that you obtain additional tax relief. The charity will also be able to reclaim the basic rate tax from HMRC. Note also that Gift Aid can be carried back for relief in the previous tax year.
HMRC have just announced that the penalties for late RTI returns will now start from October 2014 instead of April 2014, although interest will run on late PAYE and NIC payments from April 2014.
Interchange is a registered charity, partnering with University of Liverpool to link Higher Education with local voluntary and community organisations (VCOs) for the purpose of research. They connect students in H.E who are looking for research or work based learning project opportunities and VCOs with research needs together. Interchange is looking for voluntary and community organisations … Continued
Voluntary, Community and Social Enterprise organisations (VCSEs) at the start of their social investment journey can now register their interest in Big Potential, a new £10m fund that can help them become investment ready. The fund aims to improve the sustainability, capacity and scale of VCSE organisations so they can deliver greater social impact. Eligible VCSE organisations … Continued
The first 18 months of the introduction of workplace pensions reform has underlined the need for all employers to plan ahead. Don’t leave it too late – is the message from The Pensions Regulator. Over the next 18 months, it’s the turn of medium employers with around 50-250 workers to comply with their duties to … Continued
From 6 April 2014, employers will no longer be able to claim the Percentage Threshold Scheme (PTS) reimbursement for Statutory Sick Pay (SSP). Employers will have until the end of the 2015-16 tax year to recover SSP paid before the end of the 2013-14 tax year. Employers will still be required to maintain SSP records … Continued
The Office for Civil Society has won backing from the Treasury for a new fund, hoped to be worth around £40m, to help voluntary organisations which are in danger of closure. Specifically this fund is for those who deliver high-quality services, to better prepare for the longer term. The fund, which has not yet been … 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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