Call Us Now on: 023 9279 9744

50% income tax credit – a seed of interest?

By |November 15th, 2012|Uncategorized|Comments Off on 50% income tax credit – a seed of interest?

A new junior version of the Enterprise Investment Scheme launched in April 2012 gives great benefits to investors and those looking to develop their business. The Seed Enterprise Investment Scheme (SEIS) is expected to be available for five years, allows a 50% tax credit and CGT tax breaks. For further information download our Factsheet […]

Sailrocketing

By |October 15th, 2012|Uncategorized|Comments Off on Sailrocketing

Bayliss Ware are proud sponsors of the VESTAS Sailrocket 2 boat, a radical new craft that looks more like a plane than a boat, built at the VESTAS R+D facilities on the Isle of Wight.  In September the team returned to Walvis Bay, Namibia to try out a new hydrofoil package they hope will help them achieve a […]

Falling foul of VAT

By |October 15th, 2012|Uncategorized|Comments Off on Falling foul of VAT

During the course of supporting our clients through VAT inspections over the years, we have gained a great working knowledge of common areas for VAT slip ups. In order to assist our clients we have prepared a help sheet to highlight some of these common mistakes. Have a look at the new help sheet available in our Online Resources section.

Read […]

New National Minimum Wage Rates

By |October 15th, 2012|Uncategorized|Comments Off on New National Minimum Wage Rates

Don’t get caught out – the National Minimum Wage (NMW) rates from 1 October 2012 are :

Adult NMW will increase from £6.08 to £6.19 an hour
Apprentice NMW will increase from £2.60 to £2.65 an hour

NMW remains the same for 16-17 year old (£3.68/hour) and 18 – 20 year olds (£4.98). If you have any queries on the NMW please do […]

Payroll picks up speed

By |October 15th, 2012|Uncategorized|Comments Off on Payroll picks up speed

From April 2013 the Government is introducing new requirements for payroll.  Real Time Information (RTI) requires employers to report specific payroll information to HMRC at the time an employee is paid, not once a year as currently.  We will be setting up new procedures in-house and sending more detailed information shortly on the likely […]

Pension reform roll-out

By |October 15th, 2012|Uncategorized|Comments Off on Pension reform roll-out

The Government’s introduced new reforms on workplace pensions. Whilst only affecting very large employers currently they will roll out to companies with 50-500 employees from January 2014 and 50 employees from January 2015. We will provide our clients with updates closer to implementation dates.

Become a Xero Hero

By |August 30th, 2012|Uncategorized|Comments Off on Become a Xero Hero

At Bayliss Ware we are always looking for ways to improve our service to you and to make all of our lives simpler.

We think we may have actually found the Holy Grail of bookkeeping software – Xero, and we want you to see how it can benefit you and your business.

If you would like […]

We’re all Psycho Bunnies here!

By |August 30th, 2012|Uncategorized|Comments Off on We’re all Psycho Bunnies here!

We get a lot of deliveries here but none were more eagerly awaited than the UPS delivery from New York Fashion House Psycho Bunny. Inside was a selection of 8 silk ties from the Psycho Bunny Range courtesy of long standing client fashion designer Robert Godley. So forget dress down days at Bayliss Ware […]

All in a spin for Parkinsons

By |August 30th, 2012|Uncategorized|Comments Off on All in a spin for Parkinsons

Our major charity event of 2012 will be in October when we’ll take part in the UK 5000 Spinathon at Virgin Active in Southampton, collectively spinning 5000 miles (the equivalent of the coastal roads of the UK) in just four days.

David Morris of the Kyudokan Goju Ryu Karate Association is the event organiser and […]

Student opt-out ruled out

By |August 30th, 2012|Uncategorized|Comments Off on Student opt-out ruled out

From next April Students who do holiday work will have income tax and national insurance deducted from their wages. The government is scrapping a student opt out/exemption (P38S) for Pay As You Earn (PAYE) from 6 April 2013.

Bad news for students and a new scenario for employers who must treat students in the same way […]

Olympic Connections

By |August 30th, 2012|Uncategorized|Comments Off on Olympic Connections

There’s little doubt that London 2012 was an incredible success and it certainly kept our ex-athlete clients busy with media engagements and our team busy attending various events.  Perry saw the rowing, Matt the athletics, Dennis the tennis at Wimbledon and Olly joined the party atmosphere at the women’s beach volleyball!

Our client, Ubique Leisure […]

Oliver’s Army

By |July 19th, 2012|Uncategorized|Comments Off on Oliver’s Army

Olly Ward is leading our new initiative to achieve a maximum 6 week turn-around for completion of accounts for clients. The rest of the team are willing recruits in support of his programme of operations, which aim to deliver enhanced efficiency to all our clients.

Appeals for funding

By |July 19th, 2012|Uncategorized|Comments Off on Appeals for funding

If you are an SME who has had a credit application declined by a bank, it’s not necessarily the end of the road. An appeals process to challenge lending decisions has benefitted around 40% of businesses who reached a successful alternative lending agreement (BBA report). Only 2% of the 14% of applications declined for credit (loans, credit […]

Doc Martin on call

By |July 19th, 2012|Uncategorized|Comments Off on Doc Martin on call

We are delighted to announce that Dr Ros Martin will be joining the Bayliss Ware Team as Tax Associate. Ros is head of the tax school for one of The Big Four firms, has provided tax consultancy support to Bayliss Ware for a number of years and has gained a well deserved reputation as an entertaining tax […]

R & R oh and a 900 mile bike ride

By |May 25th, 2012|Uncategorized|Comments Off on R & R oh and a 900 mile bike ride

This long Jubilee weekend most people will be out relaxing in the sunshine with a drink, food, friends and possibly a little bunting...

Bayliss Ware – Refreshed and ready to go

By |May 8th, 2012|Uncategorized|Comments Off on Bayliss Ware – Refreshed and ready to go

2012 is proving to be a challenging but exciting year for both ourselves and our clients. We felt it justified a little refresh of our brand image and a more engaging website, both of which are now unveiled.

HMRC hits headline footballers hard

By |May 8th, 2012|Uncategorized|Comments Off on HMRC hits headline footballers hard

April’s landmark High Court case against Eclipse Film Partners No 35 LLP, which saw them
prevented from gaining £117m in tax relief, demonstrates to us that HMRC are hardening their
attitude further on tax avoidance schemes.

The partnership included football manager Sir Alex Ferguson alongside other wealthy members
who were claiming tax relief on loans taken out to […]

Superdry left high and dry

By |May 8th, 2012|Uncategorized|Comments Off on Superdry left high and dry

Whilst us accountants may rely on technology, software and intensive training to produce
results for clients, the human element cannot (and should never) be detached from our work.

Unfortunately for clothing retailer SuperGroup, owner of the Superdry brand, the intervention of
a human led to “arithmetic errors” in its forecasting, resulting in a £2.5m shortfall in its […]

Welcome to our new site

By |April 26th, 2012|Uncategorized|Comments Off on Welcome to our new site

It's been some time in the making but when you decide to break the mould a little, it takes time to put a great website together. We are very proud to unveil our new logo and website to showcase just exactly why we are so successful being different to other accountancy practices.