Click here for our full Economic Update February 2014 with commentary on GDP, employment, inflation, trade and mortgages, plus planning tips and ideas for 2014/15.
Social Investment Business and Social Enterprise North West announced the first local impact fund pilot in Liverpool, making £2m available to charities and social enterprises in the region. The Liverpool City Region Impact Fund will offer unsecured loans of between £50,000 and £250,000 for up to five years to about 20 charities and social enterprises … Continued
Single Premium Insurance Bonds can be a very tax efficient investment product as the tax rules allow up to 5% of the capital value to be withdrawn tax free each year. If no withdrawals are made that year the 5% tax free amounts accumulate so that after say 6 years 30% could be withdrawn from … Continued
From 6 April 2013 new Statutory tests were introduced to determine whether individuals are resident in the UK or not, generally making the rules much clearer than previously. There will still be situations where someone’s tax residence isn’t clear cut where they spend substantial time overseas and also make visits to the UK. HMRC have … Continued
The next big challenge for payroll departments within Small and Medium sized enterprises will be the phasing in of Auto-Enrolment which will require all employers to provide a pension scheme for their employees. Between 1 October 2012 and 1 February 2014 this has been a requirement for larger firms. These larger firms are those with … Continued
Real Time Information or RTI was introduced from 6 April 2013 which requires employers to submit payroll data to HMRC on or before wages and salaries are paid to employees. However during the 2013/14 tax year this general rule is relaxed for employers with fewer than 9 employees who may submit their payroll data by … Continued
In the run up to the introduction of the Employment Allowance – which will reduce every employer’s national insurance bill by £2,000 – HMRC has released new figures about how much the scheme could save UK businesses and charities. The Government estimates that the tax cut will mean employers are nearly £5.5 billion better off … Continued
After a positive end to 2013, research has revealed that UK businesses are optimistic at the start of 2014. However, despite this increased confidence, business leaders remain realistic about the challenges ahead. Almost nine out of 10 members of the Institute of Directors (IoD) expect UK GDP growth to be higher in 2014, according to … Continued
There is a Relate Cheshire and Merseyside event, Relationships in the 21st Century, being held on 26 February 2014. Relate is the leading national provider of relationship support and Relate Cheshire & Merseyside is a local charity providing a wide range of support services including relationship counselling, sex therapy, family counselling, young people’s counselling, and … Continued
The government has published a free guide to help small charities and voluntary groups create community events. The “Can Do” guide to organising and running voluntary and community events, published last week, says it covers most “permissions and licences” needed to run an event. It lists around 30 bodies who may need to grant a … 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
