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News & Blog

The latest press releases and opinion from Bishop Fleming

Charity Commission reveals 2016 results

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The charity commission has revealed that charities in England and Wales generated £71.2bn of income in the year to 31 March 2016. Other highlights include charities employing nearly 1m people and having over 3.4m volunteers.…

Immigration Bill becomes law

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The Immigration Bill has received Royal Assent, introducing a series of reforms to make it harder for people who have no right to be in the UK to live here. The new rules will also impose restrictions…

Charity Commission consults on SORP changes

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The Charity Commission has published an invitation to comment on the future of the Statement of Recommended Practice (SORP). The consultation document sets out 5 distinct areas where views are sought on how the SORP can be…

Insolvent companies on the rise

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Insolvency Service figures reveal there were 3,694 insolvent companies in England and Wales in the first quarter of 2016, an increase of over 5% on the previous quarter. Of these companies, 804 were subject to compulsory winding…

New lost pensions tracing service

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The Department of Work and Pensions has launched a new Pensions Tracing Service to help people more easily and quickly locate their lost pension savings. According to government figures there is currently over £400m in unclaimed pension savings. This…

Companies To Be Hit By Extra Property Tax

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Huge tax rises are set to hit property companies next year. Recent tax changes combined with rising property values will allow the government to grab more tax from companies that have interests in houses and…

Care Homes Diagnosed As In Serious To Critical Condition

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The outlook for care homes in the UK ranges from serious to critical, as staff costs, nurse shortages, poor funding and increasing red tape are draining the lifeblood out of the sector. The prognosis is…

New Tax Grab on Charitable Pensioners

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The government is set to grab more tax from millions of pensioners and those on low incomes who contribute to good causes. Reforms this year to personal allowances, bank interest and dividends will leave many…

Companies Bound By New Slavery Policy

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A requirement that thousands of companies publish an annual statement about the measures they are taking to reduce slave labour in the making of their products and services has been welcomed, but also branded ineffective…

South West Expert Reappointed To Accountants’ National Panel

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Bishop Fleming Partner reappointed to ICAEW’s Practice Committee A Partner at one of the UK’s fastest growing Top 40 accountants, Bishop Fleming, has been re-elected to the Practice Committee of the profession’s national body. Caroline…