Workers have won a ground breaking case at the Employment Appeal Tribunal to include overtime in holiday pay. This means all people working voluntary overtime could claim for additional holiday pay. Currently, only basic pay counts when calculating holiday pay. The details of the ruling, particularly on whether claims can be backdated, have yet to … Continued
BWMacfarlane Embraces The Cloud To Offer Closer Client Collaboration
We are pleased to have recently launched a cloud based accountancy service to enable our clients to have 24 hour, real time access to accounts from any location. The service, which uses Twinfield,Wolters Kluwer’s online accounting solution, will allow us to work more closely and regularly with our clients, ensuring data is accurate and up … Continued
Pension liberation fraudsters targeted
Government ministers, regulators and figures from the pensions industry met last month to discuss how to tackle ‘pension liberation’ fraudsters. The Financial Conduct Authority and the Serious Fraud Office were also at the meeting on 12 September. Pension liberation scams convince people to hand over their pension pot in exchange for early access to the … Continued
Your Money
Equitable life payments brought forward It was announced in this year’s Budget that people who bought a with-profits annuity from the Equitable Life Assurance Society before September 1992 – and were aged 60 or older on 20 March 2013 – would receive an ex-gratia payment of £5,000. Payments were planned for the 2014/15 tax year … Continued
BWMacfarlane launch new website
We have launched our new website to make it more client-focused and interactive. Working with design and web experts at Liverpool marketing agency Kenyon Fraser, we are pleased to have developed a site that captures many of the latest technologies that are changing the face of accountancy today, including a secure document exchange portal and … Continued
Inquiry into high number and cost of whiplash claims
The House of Commons Transport Committee will look at how the number and cost of whiplash claims in the UK can be reduced. The inquiry follows a December 2012 whitepaper from the Ministry of Justice, which described Britain as the “whiplash capital of the world”. The whitepaper reported that, between 2006 and 2012, there was … Continued