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Comments Off on COVID – 19 Update 26/3/20

COVID – 19 Update 26/3/20

COVID – 19 Update 26/3/20

So, here’s another update, you’d think as this crisis went on that these updates would be easier to write, things would be becoming clearer.  Well, the mud is starting to clear as you will see below, but they certainly are no easier to write, simply because of the wealth of information coming in, much of … Continued

Comments Off on COVID – 19 Scams update

COVID – 19 Scams update

COVID – 19 Scams update

Online criminals are using an increasing number of ways to target businesses and individuals online by using the current Coronavirus (Covid 19) situation as the ‘hook’ to lure us into phishing e-mails and fake websites. They are purporting to be from genuine organisations like the World Health Organisation (WHO) as well as some malicious Coronavirus themed … Continued

Comments Off on BWM Update 24/3/20

BWM Update 24/3/20

BWM Update 24/3/20

BWM Office Update  We are now working from home, contactable by email and the office phone has been diverted to Peter Taaffe’s mobile for him to field calls and get the appropriate person to ring you back, and we are in the process of having the post diverted to his home. Inevitably things are going … Continued

Comments Off on COVID – 19 Update 24/3/20

COVID – 19 Update 24/3/20

COVID – 19 Update 24/3/20

We’re in the start of a major economic crisis with some remarkable initiatives by HMG.  The details of these schemes is still emerging, how quickly they can be implemented remains to be seen as HMRC & the banks will simply be inundated.  So website access and portals is still awaited.  And the huge uncertainty is … Continued

Comments Off on BWM COVID – 19 Update – 20/3/30

BWM COVID – 19 Update – 20/3/30

BWM COVID – 19 Update – 20/3/30

Following on from our previous message about our response to the spread of the COVID-19 coronavirus, we wanted to update you on our own arrangements. We’ve put in place sensible measures to ensure that we are well positioned to continue to support you and handle your work, whilst at the same time focusing on the … 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 COVID – 19 Update – 19/3/20

COVID – 19 Update – 19/3/20

COVID – 19 Update – 19/3/20

We’ll be sending out updates regularly – the information may change as the situation changes and government policy develops – so the detail on the loan scheme just isn’t there yet. We are hearing that banks are being more supportive of their clients who are adversely affected, of course whether that is just businesses which … Continued

Comments Off on COVID – 19 Update – 17/3/20

COVID – 19 Update – 17/3/20

COVID – 19 Update – 17/3/20

Guidance for our clients – Coronavirus (COVID-19) In these uncertain times we wanted to reach out to all out clients to let you know we are here to offer support and guidance over the next few months. Health and wellbeing are the most important things right now and we have made the decision that our … Continued

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Structure and Buildings Allowance

Structure and Buildings Allowance

Finance Act 2019 (s. 30) introduced a new Structural Buildings Allowance. Although this legislation has now been around for nearly 16 months (it was available from 29 October 2018), it remains an unfamiliar area. The Capital Allowances Act 2001 did not give any provision for relief to be claimed on the vast majority of structures … Continued

Comments Off on Non – UK resident companies carrying on UK property business

Non – UK resident companies carrying on UK property business

Non – UK resident companies carrying on UK property business

The rental profits of UK property businesses generated by non-UK resident companies currently fall within the UK Income tax (IT) regime, with profits charged at a rate of 20%. However, from 6 April 2020, such profits will fall within the UK Corporation Tax (CT) regime, which is currently charged at a rate of 19%. Generally, … Continued