Business News | August 5, 2020

Making Tax Digital to ‘apply to all VAT-registered traders by 2022/23’

Making Tax Digital (MTD) is set to expand to all VAT-registered businesses from April 2022, the Treasury has announced. Since April 2019, VAT-registered traders with annual taxable turnover above £85,000 have been submitting VAT returns through MTD, while other firms have been able to submit VAT returns voluntarily. From April 2023, the Treasury expects MTD … Continued

Tax News | August 5, 2020

Applications open for second phase of self-employed income support

The second and final round of grants under the self-employed income support scheme (SEISS) opened this month, offering a smaller lump sum grant. From 17 August 2020, self-employed individuals who meet the scheme requirements will be able to access HMRC’s online service and claim up to £6,570 to cover three months’ worth of profits. This … Continued

Charity News | January 15, 2020

Mayoral Inclusive Growth Fund Grant

Liverpool City Council (LCC) is offering a short-term grant for organisations across the city, for new* projects, that contribute towards the aims and priorities of the Inclusive Growth Plan. The project must: Tackle an underlying issue in your local community Benefit the wider community and not just support a single user group Make a real long … Continued

Employer News | August 5, 2020

MPs: Let opted-out workers re-enrol earlier into pensions

Employees who opted out of their workplace pension due to COVID-19 should be encouraged back into saving sooner than auto-enrolment rules would usually allow, a Government committee has said. Under current auto-enrolment rules, employees aged between 22 and state pension age who earn more than £10,000 a year are automatically enrolled into a workplace pension … Continued

BWM Online News | May 1, 2019

First VAT-registered Businesses enter into Making Tax Digital

More than a million VAT-registered businesses have now been mandated into the Government’s Making Tax Digital (MTD) programme, which came into force on 1 April 2019. Under the scheme, businesses that are registered for VAT with a turnover of more than £85,000 are required to keep digital records and submit their VAT returns using MTD-compatible … Continued

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Welcome to BWM. We are one of the leading, independent chartered accountancy practices in Liverpool with a heritage that can be traced back to 1926. At BWM we provide a wide range of accountancy and business support services to organisations and individuals throughout the North West of England and beyond. A successful, growing, single-office practice, we are big enough to deal with complexities of our largest clients, yet small enough to care about the needs of all our clients, irrespective of the size of their businesses. Our client base ranges from individuals and families to large companies and charities. Our experienced and skilled partners and their teams are ready to support you with high quality, individual yet affordable services however complex your personal or business needs. More ->