News & Blog

The latest press releases and opinion from Bishop Fleming

Queen’s Speech June 2017

Posted by on

The Queen’s Speech on 21 June 2017 set out what the government plans to do over the next two years and in particular on Brexit. Eight of the twenty four draft bills in the Speech relate to the UK's…

General Election result – what now on tax and Brexit?

Posted by on

With a hung parliament after the general election, what is now likely to happen on tax and Brexit? [NOTE: this article has subsequently been updated, taking account of post-election events] With the results in from…

Register for the tax-free childcare scheme

Posted by

Parents can register for the new tax-free childcare scheme via the government’s Childcare Choices website. The scheme began on 28 April 2017 for parents of the youngest children. It is gradually being rolled out over…

Hotel Wedding Packages – key VAT development

Posted by

In an important case for hotels that offer a licenced venue for weddings and civil partnerships, a tax tribunal has held that the hire of the room is not exempt from VAT. The Upper Tribunal…

New relaxed Stamp Duty rules for Wales?

Posted by

Land transactions in the UK have been subject to Stamp Duty Land Tax (SDLT) since 2003, but we now have different regimes for Scotland and Wales. Devolution has seen a separate tax charged (Land &…

General Election – tax promises

Posted by on

With a general election on 8 June 2017, the main political parties have published their manifestos. We take a look at what each are saying on tax. If there is a Conservative government after the election,…

Criminal Finances Act 2017: what you need to know

Posted by on

From a likely date of September 2017, the Criminal Finances Act 2017 will make companies and partnerships criminally liable if they fail to prevent tax evasion by either a member of their staff or an…

Taxation article – Community enterprises

Posted by on

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

Posted by on

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 sacrificed ahead of General Election

Posted by on

A number of key tax changes announced in the Spring Budget have been sacrificed by the government at the last moment, as there was no time to bring them into law before the 8 June General Election. The legislative…