News & Blog

The latest press releases and opinion from Bishop Fleming

Charities can cash in on the new one pound coin

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The new twelve-sided one pound coin is now in circulation, offering a one-off opportunity for charities (and academies) to cash in on the change. From 15 Oct 2017, the old round one pound coin will…

Taxation article – Community enterprises

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Jon Sparkes, a tax director with Bishop Fleming and with nearly 20 years' experience in advising charities and businesses on direct tax matters, has written an article on the tax issues of community enterprises and mutual…

Digital tax plans put on hold

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The government's plans to digitalise the tax system and force business from April 2018 to make quarterly online returns have been dropped, due to the general election. Top 40 accountants Bishop Fleming welcomed the move,…

Tax changes dropped ahead of General Election

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Major tax changes that were announced in the Spring Budget have been dropped by the government, due to a lack of time to pass them into law ahead of the 8 June General Election. With…

Will you be working past the accepted retirement age?

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Many do, according to research by the Chartered Institute of Personnel and Development (CIPD). In fact, more than a third (37%) of respondents out of a total of 1,656 employees surveyed believe that they will…

Another notch in the state pension age

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An independent review has recommended bringing forward the move to a state pension age of 68. There was a time when men received their state pension from age 65 and women from age 60. Those…

Should millionaires be forced to publish tax details?

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The shadow Chancellor, John McDonnell, has said a Labour government would force people earning £1 million a year or more to publish their tax records. McDonnell said the move would help curb tax avoidance and…

Tackling the gender pay gap

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As new reporting requirements come into effect, a charity for women aged 16-30 on low or no pay, Young Women’s Trust, has called for further action to reduce the gender pay gap. The charity is…

Probate fee rises scrapped

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Controversial plans to increase probate fees are to be scrapped due to the general election. They had been set to rise in May 2017 from as little as £155 up to as much as £20,000 for some…

Time to review your salary sacrifice arrangements?

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New rules for taxing many salary sacrifice arrangements come into force from 6 April. One of the employment trends of recent years has been to make employee remuneration more flexible. Instead of pay and, if…