News & Blog

The latest press releases and opinion from Bishop Fleming

School Condition Allocations

Posted by

For the larger MATs that qualify for the School Condition Allocations (over 3,000 pupils and at least 5 academies) funding is provided in line with the financial year to March. At the end of each…

Accountants sponsor TEDxExeter

Posted by

Exeter-based Top 40 accountants Bishop Fleming are helping to bring global ideas to the City with their sponsorship of the TEDxExeter conference on 21 April 2017 at the Northcott Theatre. Although tickets for the event…

Auto-enrolment report provokes call for change

Posted by

A recent Citizens Advice report has highlighted the problem of people working in multiple jobs and failing to qualify for auto-enrolment despite earning over £10,000 a year in total. Women are more likely than men…

One law for the rich and another for the poor?

Posted by

HM Revenue & Customs (HMRC) high net worth unit has come under scrutiny as to whether or not it’s doing a good job. The House of Commons’ Public Accounts Committee (PAC) has led the way…

Budget squeeze

Posted by

Academy information sheet Shortages In the absence of significant additional funding from the government, academies are being forced to manage tighter and tighter budgets, this coupled with significant changes to the national funding formula means…

Academies and schools: identity verification form for the chair of trustees

Posted by

Every new chair of trustees must now complete an Identity Verification form in accordance with Department for Education (DfE) requirements. This is in addition to the Disclosure and Barring Service (DBS) which is still required.…

What to do if you don’t have a chairperson?

Posted by

The role of the chair is to lead the board to enable it to fulfil its purpose. It will involve planning and preparing the agenda for meetings and then chairing those meetings. Without a chair…

Investing in a new Lifetime Individual Savings Account

Posted by on

Since 6 April 2017 an individual aged between 18 and 40 can invest up to £4,000 a year into a new tax free Lifetime Individual Savings Account (LISA). This forms part of the overall maximum…

Inheriting the family home

Posted by on

Inheriting the family home is becoming less expensive due to a new inheritance tax (IHT) relief for residences which was introduced in April 2017. The relief is flexible enough to allow a person to downsize to…

Academies and VAT groups

Posted by

Many academies have a choice to make about whether to register for VAT or to claim their VAT refunds from HMRC through the VAT 126 process, although any academies which make taxable supplies over the…