News & Blog

The latest press releases and opinion from Bishop Fleming

VAT, tax, PAYE

March 2015 Budget at a glance

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The key tax announcements of Chancellor George Osborne in his 2015 March Budget. The economy continues to improve and the economic forecasts are encouraging. The fall in the oil price has given households more spending…

Get fit for nuclear

Get Fit for Nuclear

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Manufacturers are being urged to Get Fit for Nuclear (G4N) through a unique service aimed at helping more companies bid for work in the civil nuclear supply chain. Going forward, the industry has outlined plans…

Business Growth Service

Business Growth Service

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The Business Innovation & Skills (BIS) Select Committee has published a new report on Government Support for Business. The Committee focused on access to finance, support for export, manufacturing, and efforts to encourage local growth…

Pam Tuckett, Partner at Bishop Fleming Chartered Accountants in Plymouth

Academy Management Information

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Would your management information stand up to external scrutiny? The Academies Financial Handbook (AFH) requires academies to establish a control framework that recognises public expectations about governance, standards and openness (AFH 2.3.2). This includes a…

Pam Tuckett, Partner at Bishop Fleming Chartered Accountants in Plymouth

Academy Schools Financial Governance Review

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Has your academy carried out a review yet as required by paragraph 1.5.14 of the 2014 Academies Financial Handbook? The requirement is for academies to consider the composition of the board in terms of skills,…

Tim Godfrey, representing the Torbay Business Forum and pictured with George Osborne, visits Downing Street

Torbay Business Forum visits Downing Street

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Torbay Business Forum recently attended a Manufacturing Reception at No 11 Downing Street being hosted by the Chancellor George Osborne. Representing Torbay Business Forum was Tim Godfrey, vice chairman and partner at Bishop Fleming, went…

A profile image of Wendy Andrews, who is the VAT Director with Bishop Fleming Chartered Accountants in their Exeter office

VAT – change in treatment of prompt payment discounts from 1 April 2015

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On 1 April 2015 the VAT accounting treatment of prompt payment discounts will change. This change does not affect the VAT treatment of retrospective discounts or rebates which are calculated by reference to the volume…

Bishop Fleming accuses HMRC of 'stealing tax' from students

Call for Government to Stop ‘stealing tax’ from students

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The taxman is stealing tax from students who only get to earn during the school holidays. Thousands of students who work in their holidays are being over-taxed at a time when they're having to cope…

Energy Efficiency Fund & energy savings opportunity scheme

Complying with the Energy Savings Opportunity Scheme

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If you are a large organisation then you need to be aware of ESOS – the Energy Savings Opportunity Scheme, which came into effect in July 2014. What is it? ESOS is a policy aimed…

Matthew Lee, Managing Partner at Bishop Fleming Chartered Accountants, Bristol

Pensioner Bonds should be made available to all ages

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The "Pensioner Bonds" - the most successful financial product for decades - should breach the law on age discrimination, according to Matthew Lee, Managing Partner of Bishop Fleming. Mr Lee stated "It is now illegal to…