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Bishops Chartered Accountants
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Established in 1994, Bishops is a well-known and trusted firm of Chartered Accountants in the North West.
Established in 1994, Bishops is a well-known and trusted firm of Chartered Accountants in the North West.

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Call to increase auto-enrolment pension contributions - MPs say that automatic pension enrolment is fundamental to funding a new era of retirement, which is becoming increasingly reliant on private rather than public savings. According to a new report, more than 12 million Britons are not saving enough for their desired retirement lifestyles – therefore contributions need to be increased to make up the shortfall. MPs have warned that, to avoid people opting out of auto-enrolment, increases ...
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Taxpayers urged to renew tax credits ahead of 31 July deadline - More than 320,000 taxpayers had their tax credits stopped or altered after they failed to inform HM Revenue & Customs (HMRC) of changes in circumstances, a new report has revealed. In a new announcement, HMRC has warned families and carers about the urgency to log in to personal tax accounts and renew their tax credits. The report comes ahead of the 31 July tax credits renewal deadline, before which taxpayers must tell HMRC ab...
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SMEs need to invest in individuality, study suggests - New research suggests that UK small and medium-sized enterprises (SMEs) that fail to embrace ‘individuality’ could be alienating potential customers and clients online. The news follows the publication of Vistaprint’s Small Business Uniqueness Report, which found that many SMEs are failing to create and maintain a ‘unique brand image’ – and that such failures could be having an adverse impact t on their ability to attract new business. ...
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Taxpayers prepare for 2019 loan charge - HM Revenue & Customs (HMRC) is expecting to raise some £3.2 billion in taxes as part of its crackdown on “disguised” remuneration schemes. It said it will take a closer look at the arrangements in place for businesses which offer loans instead of ordinary income to avoid income tax and National Insurance Contributions (NICs). The latest figures suggest that 50,000 workers are currently paid via loans instead of cash, which often contain terms that me...
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Business owners need more support, study suggests - New research suggests that business owners and decision-makers need more support, as the day-to-day responsibilities of running a business are leaving many feeling ‘burnt out’. According to a study carried out by Direct Line for Business, many small and medium-sized enterprises (SMEs) are struggling to keep on top of their workloads – and bosses are having to work long hours in order to ensure that their business is running smoothly, and t...
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New Making Tax Digital updates published by HMRC - HM Revenue & Customs (HMRC) has published three important new documents regarding its flagship Making Tax Digital (MTD) project to help clear up confusion among businesses. On Friday 13 July 2018, the tax authority unveiled its new HMRC VAT Notice, which outlines important information regarding exactly what digital records VAT-registered businesses must keep once MTD for VAT is introduced as mandatory next spring. From 1 April 2019, VAT-reg...
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Cash flow concerns are keeping business owners awake at night - Nearly half of business owners in the UK believe that poor cash flow is stopping their business from reaching its full potential, according to a new study. American Express, which published the research, said keeping on top of cash flow is an important aspect of growing a business as well as alleviating personal stress. The bank polled more than 500 senior decision makers within UK small and medium-sized businesses. It found th...
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SMEs shying away from finance - New research carried out by the British Chambers of Commerce (BCC) in collaboration with Wesleyan Bank suggests that small and medium-sized enterprises (SMEs) are shying away from finance and failing to explore expansion opportunities. According to the study, which surveyed 1,073 SMEs, almost two thirds (63 per cent) of small businesses with between one and nine employees have not applied for any finance in the past year. The same goes for 39 per cent of SMEs...
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Official estimates suggest strong UK economic growth - In recent days, new official estimates of monthly Gross Domestic Product (GDP) growth have been published by the Office for National Statistics (ONS), indicating that the UK economy is beginning to warm up this summer after a slow winter period. The data, which was published earlier this week, suggests that the economy hit a “virtual standstill” back in March, as cold weather conditions caused by the so-called ‘beast from the east’ nega...
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Regulators increasingly cracking down on auto-enrolment failings - Small and medium-sized enterprises (SMEs) are being warned to ensure that they are fully compliant with their auto-enrolment obligations, after it emerged that regulators are increasingly cracking down on businesses that fall foul of the rules. Under existing rules, employers are required to ‘automatically enrol’ almost all of their staff into a workplace pension scheme. Once staff have been enrolled into an appropriate sche...
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