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Comments Off on Bank of England holds interest rates steady

Bank of England holds interest rates steady

Bank of England holds interest rates steady

The Bank of England (BoE) announced it would maintain its interest rate at 5.25% for the second consecutive time, following a series of 14 rate hikes. The Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain the bank rate on 2 November, with three members preferring to increase the Bank Rate by … Continued

Comments Off on Merry Christmas & BWM Opening Hours

Merry Christmas & BWM Opening Hours

Merry Christmas & BWM Opening Hours

All the team at BWM wish you a very happy festive period and a fantastic start to 2023! Christmas Opening Hours The BWM office will be closed over the Christmas period from close of business on Friday 23 December 2022 at 12pm until 9am on Tuesday 3 January 2023. In case of any issues arising … Continued

Comments Off on COVID – 19 Update – 20/3/20

COVID – 19 Update – 20/3/20

COVID – 19 Update – 20/3/20

I’m hoping this won’t become a daily update, but things are moving so fast.  At least the sun is shining, and Brexit has been utterly displaced from the news, although I am told the word Brexit is banned in government circles, rather we should be referring to transitional arrangements. The Chancellor is said to be … Continued

Comments Off on Tax Cards 19/20

Tax Cards 19/20

Tax Cards 19/20

To download our tax cards for 2019/20 please follow this link –  BWM Tax cards 19/20

Comments Off on HMRC Requirement to Correct

HMRC Requirement to Correct

HMRC Requirement to Correct

The Requirement to Correct (‘RTC’) is a statutory obligation for taxpayers with overseas assets to correct any issues with their historic UK tax position. HMRC have written to all taxpayers who have or who had any offshore financial connections (including those who consider themselves to be non-UK domiciled and/or non-UK resident) to instruct that they … Continued

Comments Off on Important dates and changes for April 2017

Important dates and changes for April 2017

As another new tax year begins, here are some important tax dates and changes to be aware of this month. 1 April Auto-enrolment staging dates Auto-enrolment staging date for employers who don’t have a PAYE scheme. Business rates Rate payers that occupy a single property with a rateable value of £12,000 or less will pay … Continued

Comments Off on Financial concerns affecting worker performance

Financial concerns affecting worker performance

Financial concerns affecting worker performance

Financial concerns affecting worker performance A quarter of employees have financial problems that are affecting their performance at work. A CIPD survey of over 1,800 UK employees found that 31% of those aged 18-24 are facing financial concerns that they feel are negatively impacting their ability to do their job effectively. 20% of those earning … Continued

Comments Off on Company car advisory fuel rates from 1 December 2016

Company car advisory fuel rates from 1 December 2016

HMRC has published revised advisory fuel rates for company cars, applying from 1 September 2016. The rates are to be used only where employers either reimburse employees for business travel in their company cars, or require employees to repay the cost of fuel used for private travel. These rates apply from 1 December 2016. You … Continued