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Comments Off on Cautious Businesses Delaying Investment

Cautious Businesses Delaying Investment

Cautious Businesses Delaying Investment

Businesses are in no rush to make investments amid the ongoing uncertainty of Brexit, according to the Institute of Chartered Accountants in England and Wales (ICAEW). More than one in four businesses are delaying investment decisions as the government continues negotiations with the EU. As a result of their collective cautiousness, 61% of those firms … Continued

Comments Off on BWM Shortlisted for Two Responsible Business Awards

BWM Shortlisted for Two Responsible Business Awards

BWM Shortlisted for Two Responsible Business Awards

BWM are delighted to learn that we have been shortlisted in two categories for Liverpool Chamber’s Responsible Business Awards: Responsible Business of the Year and Empowering People and Communities. The winners will be announced at the Chamber’s Annual Dinner on Thursday 2nd November at the Rum Warehouse, hosted by actor and environmentalist Simon O’Brien. The … Continued

Comments Off on HMRC are Gearing Up for the New Corporate Criminal Tax Offences

HMRC are Gearing Up for the New Corporate Criminal Tax Offences

HMRC are Gearing Up for the New Corporate Criminal Tax Offences

Legislation providing for new corporate criminal offences of failure to prevent the facilitation of tax evasion is now in effect. The new offences, contained in the Criminal Finances Act 2017, will make businesses vicariously liable if an employee or other ‘associated’ person criminally facilitates tax evasion whilst acting in that capacity for the business, even … Continued

Comments Off on HMRC to Tackle Offshore Non-Compliance

HMRC to Tackle Offshore Non-Compliance

HMRC to Tackle Offshore Non-Compliance

Over recent years, HMRC has adopted a zero-tolerance attitude towards offshore tax evasion. It has sent a clear message that the days of any safe havens for tax evaders are numbered. In December 2016, the government published draft legislation for Finance Bill 2017 and its response to the consultation document Tackling Offshore Tax Evasion: a … Continued

Comments Off on Double Win for BWM at the 2017 MIB Awards

Double Win for BWM at the 2017 MIB Awards

Double Win for BWM at the 2017 MIB Awards

Win for BWM and Peter Taaffe in the Merseyside Independent Business Awards 2017 BWM are delighted to have been successful in two categories in the Merseyside Independent Business awards, now in its 5th year, is the only ceremony in the region to celebrate the achievements of independent businesses. The Awards were set up by Morecrofts Solicitors … Continued

Comments Off on Buy-to-let Regulations Fuel Rent Rises

Buy-to-let Regulations Fuel Rent Rises

Buy-to-let Regulations Fuel Rent Rises

Landlords are increasing rent prices due to the recent introduction of buy-to-let tax regulations, according to a study. Estate agent Your Move analysed rental prices on around 20,000 properties and found the average rent in England and Wales rose by 3.1% in the past year to £874. The rise in rental prices can be attributed … Continued

Comments Off on Finance Bill 2017-19 Round-Up

Finance Bill 2017-19 Round-Up

Finance Bill 2017-19 Round-Up

The government has published Finance Bill 2017-19, containing a number of changes that will affect both savers and investors. Many of the measures in the Bill were expected in April 2017 but were withdrawn due to the snap general election, which took place on 8 June 2017. Most of them have now been reinstated with … Continued

Comments Off on Sole Traders Exposed to Cash Crises

Sole Traders Exposed to Cash Crises

Sole Traders Exposed to Cash Crises

Nearly half (41%) of self-employed people struggle to save any money each month, leaving them exposed to financial problems. Insurer LV= surveyed 9,495 self-employed workers and found one in three could not survive for more than three months if they lost their income. Nearly two thirds (62%) of respondents said monthly bills eat up the … Continued

Comments Off on Paper Tax Return Deadline Reminder

Paper Tax Return Deadline Reminder

Paper Tax Return Deadline Reminder

The deadline to submit your self-assessment paper tax return for the 2016/17 tax year is 31 October 2017. All income received during the tax year running from 6 April to 5 April must be accounted for in your tax return. To report your income, claim tax reliefs or any outstanding repayments, you need to complete … Continued

Comments Off on BWM Charity Autumn Update Seminar – Tuesday 3 October

BWM Charity Autumn Update Seminar – Tuesday 3 October

BWM Charity Autumn Update Seminar – Tuesday 3 October

BWM Chartered Accountants are hosting a Charity Autumn Update Seminar on Tuesday 3 October from 8.45am. Full details are provided here. With so much going on in the charity sector we have invited an excellent line-up of speakers to provide the latest updates and share their expert opinions on some of the key topical issues: Financial matters … Continued