Most businesses don’t currently export and don’t intend to start, according to research by the Institute of Chartered Accountants in England and Wales (ICAEW). 69% of businesses have never traded overseas and have no plans to do so in the future despite high-profile government campaigns. Important findings: 66% haven’t heard of UK Trade and Investment … Continued
In August 2016, the Consultative Committee of Accountancy Bodies (CCAB) issued a Draft Statement of Recommended Practice – Accounting by Limited Liability Partnerships, which is open for comment until 1 November 2016. The proposals make amendments to the latest edition of the SORP which was last issued in July 2014. The Limited Liability Partnerships, Partnerships … Continued
Small business owners spend 10% of their working day chasing payments, according to research by Xero. London businesses spend the most time chasing payments, up to 1.5 days each month followed by 1.3 days in Wales. Customers who themselves are waiting for payments and a lack of consistency on payment terms are the main reasons … Continued
A system to allow businesses to check and appeal business rates bills has been announced. The aim is to ensure that disputes are settled more promptly. Currently, over 955,000 appeals have been submitted against rating valuations but less than 2% of business rates appeals proceed to a tribunal hearing. The new process is part of … Continued
The Insurance Act 2015 (‘the Act’) received Royal Assent on 12 February 2015 and comes into force on 12 August 2016 applying to all contracts of commercial insurance entered into or varied on or after this date. The Act makes changes to the following areas of commercial insurance law: the duty of disclosure and remedies available for material … Continued
Businesses will need to submit their tax and financial information quarterly using software that’s compatible with HMRC’s systems. In a letter to financial secretary to the Treasury David Gauke, Andrew Tyrie, chairman of the Treasury Select Committee, said that submitting records in a “prescribed digital format” would bring a financial burden to small firms that … Continued
A growing divide is opening up between businesses that use digital technology and those that do not, according to research by the Confederation of British Industry (CBI). 94% of businesses agreed that digital technologies were key to increasing productivity but only 30% see themselves as ‘digital pioneers’. The biggest problem for businesses were: 45% of … Continued
Not for profit organisation Alt Valley Community Trust are offering valuable free support to start up and established businesses through their ERDF (European Regional Development Fund) funded projects as follows Enterprise Hub: for individuals who are thinking about becoming self-employed or setting up a limited company etc. The experienced team can spend up to 12 … Continued
Liverpool accountancy practice BWMacfarlane has helped secure the significant acquisition of Lees Solicitors LLP by The Jackson Canter Group this month. The Jackson Canter Group – one of the North West’s fastest growing law firms – has acquired Lees Solicitors as part of a major move towards becoming one of the region’s largest providers of … Continued
The Jackson Canter Group – one of the North West’s fastest growing law firms – has acquired Lees Solicitors LLP, signalling a major step towards becoming one of the region’s largest providers of legal services. Peter Taaffe, Managing Partner of BWMacfarlane provided Corporate Finance services to the Jackson Canter Group in preparation for the acquisition. … 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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