We’ve made the top 100.

Bevan & Buckland AccountantsLeading Welsh accountancy firm included in industry top 100

Bevan Buckland Partners

Established accountants Bevan & Buckland has been included in a list of top 100 UK accountancy firms for the first time.

The significant inclusion in the ‘Accountancy Age 50+50’ list shows Bevan & Buckland’s continued and impressive growth. Bevan & Buckland have entered the list at No. 100.

The achievement is all the more impressive that Bevan & Buckland is the only accountancy firm in the top 100 that has its headquarters in South West Wales.

“This is a significant achievement for Bevan and Buckland and everyone in the firm deserves congratulations for making this possible,” said Bevan & Buckland Senior Partner Cuan O’Shea.

“It is particularly pleasing that we have made the list when you see the calibre of some of the other accountancy firms in the list.

“This achievement only makes us more determined to keep up our very high standards and level of service that we have achieved over the years.”

The announcement of the top 100 list comes only days after Bevan & Buckland announced a significant joint venture with WPS Financial Group Ltd.

The new service, which gives clients expert advice on personal financial affairs, will replace the financial planning provision that was previously provided in house by Bevan & Buckland.

WPS is a firm of Chartered Financial Planners with more than £315m under management.

Bevan Buckland wealth management




Why not contact the office nearest to you.

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Warning to online traders


Lee Bradley, Tax Director at Swansea accountancy firm Bevan & Buckland, said a significant number of the firm’s clients now sell through online marketplaces.

“We have seen a large increase in new businesses selling online via platforms such as eBay and Amazon” he said.

“The VAT/tax rules can get quite complicated especially when you start to sell to the EU or further afield (for example, in the USA). We have been dealing with a lot of queries from online clients and have become very knowledgeable in this area.”

The new powers are not aimed at penalising occasional online sellers, but set out to make sure online business traders pay their taxes. However, HMRC has not stated at what point a casual seller becomes a trader liable to pay tax. It has been reported that 14,000 online traders have received tax demands – some, according to The Telegraph, with profits of just £100.

Others have made a substantial profit online. One of the most high profile convictions so far was online trader John Woolfenden, who was jailed for two years late last year. He sold DVDs, CDs and games through sites including eBay, with nearly £1.4 million passing through his online bank accounts over a six-year period.

When completing your own accounts, it is worth remembering that any earnings exceeding the annual personal allowance of £10,600 are taxable, as long as they are regarded as profit from a business.

Above all, it is important to speak to an accountant and make sure you are well informed. “As with any law, not knowing is not a defence,” said Lee.

Please get in touch if you would like to discuss any aspect of tax and online trading.

If this applies to you please contact Bevan & Buckland, or Lee directly using the details below, as soon as possible.

Lee Bradley
Tax Director
01792 410119

email: lee@bevanbuckland.co.uk

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Bevan & Buckland Accountants Cardiff Tel: 02920 459960

Further new recruitment in our Swansea office


Swansea-based accountancy firm Bevan & Buckland has recruited two graduates to boost their audit and business services departments.

Stefan Rogers and Nick Johal, both 25, have joined the respected accountants from local firms after graduating from Swansea University and Hertfordshire University respectively.

“Both Stefan and Nick come to us with top class degrees and have already gained useful experience in local firms,” said Bevan & Buckland partner Harri Lloyd-Davies.

“I am sure they will soon become very valued members of staff and we recruited them because of their desire to provide great customer service.

“The double appointment shows how the firm is growing, and specifically our business services and audit departments, as the UK economy continues to improve.”

Stefan, who received a first-class honours degree in accounting and finance from Swansea, said: “I was so delighted when I was taken on by Bevan & Buckland especially as they are such a respected firm across South Wales.”

Nick, who gained a 2:1 in his degree, added: “Having grown up in Swansea I couldn’t have asked to have worked for a more established accountancy firm that Bevan & Buckland.”

Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Different methods of fraud – part 3

Bevan & Buckland AccountantsDifferent methods of fraud

This is the last part in a three part series on fraud.
The methods we will be covering have been brought to our attention by our clients and not by the national press.

The methods that we have covered in this series of articles are real and unfortunately some of our clients have fallen victim to these scams over the last few weeks.

Fraudsters are turning to increasingly sophisticated methods in order to deceive and are often quick to adapt their approach to keep up with changes in technology.

Latest scam notices from Companies House

Late filing penalty payment
Companies have been contacted asking for payment of a late filing penalty over the telephone. The caller says they will accept a payment of £5 by credit or debit to place a hold on any further action being taken.

Companies House will not contact you for immediate payment of a late filing penalty or request payment of a nominal fee to place a hold on any recovery action.
Payment plans are set up with the agreement of the manager dealing with your late filing penalty query. We will not cold call you to take a payment.
Bogus Companies House emails
We are aware that a number of suspicious emails are being sent claiming to be from Companies House. These emails have not been generated by Companies House.

The latest of these bogus emails claims to be a response to an online filing submission.

Companies House fraud email

An example of a bogus email claiming to be from Companies House

If you have received one of these emails forward it to phishing@companieshouse.gov.uk and then delete it. Do not try to view any attachments contained in the email. #### Company register payment

Companies registered at Companies House are receiving notifications asking for money to maintain their company on the register.

The companies concerned are receiving, what looks like a genuine request, from one of the following:
• New Companies Register (Digital)
• National Register of Companies
• Economic Index for Europe

These organisations are not connected to, or endorsed by, either Companies House or GOV.UK and the fee requested is not required to keep the company registered at Companies House.

Suspicious job vacancies
Companies House are receiving email enquiries about job adverts in the UK. These generally offer highly paid vacancies or opportunities in the oil, hotel or banking industries.

Treat all job offers with extreme caution. The contact details are usually fake, and you should avoid replying to the providers of these vacancies.

The advert might request money up front before the application can be processed, and they might also mention UK visas. Be sure to check with UK Visas and Immigration for information on applying for a UK visa.

Adverts have often been placed in print or on websites which appear to be genuine. If you are interested in working for Companies House you can check with Companies House to see if they have vacancies, or on the civil service job site.

Pension liberation fraud
Pension scams are on the increase in the UK and Companies House has been made aware that under some schemes individuals have had limited companies established in their name. If you believe that you have had a company set up in your name, please see legal advice before taking any action to close it.

Scams are promoted using terms such as an offer of unique investment opportunities, free pension review, legal loophole, cash bonus or as a government endorsed scheme and victims are being approached via cold calling, text message or in person door to door. You should treat all approaches about your pension with caution if it is not from a source that you recognise and trust.

If you are approached, do not share your personal information or sign any paperwork. You are able to check whether the offer of service is genuine and the Pension Advisory Service website can help.

The Pensions Regulator also offers guidance to help individuals who think that they may have been targeted by pension scams.

Companies House telephone scam warning
Companies have been contacted by persons claiming to be from Companies House, who ask them for details of their company’s directors.

Companies House personnel will never contact you by telephone to find out who your officers are, or ask for secure information such as authentication codes.

If you anyone contacts you claiming to be from Companies House asking for this information, try to obtain a return telephone number and contact Companies House immediately on 0303 1234 500.


Bevan & Buckland Accountants Swansea Tel: 01792 410100

Bevan & Buckland Accountants Haverfordwest Tel: 01437 760666

Bevan & Buckland Accountants Pembroke Tel: 01646 682383

Bevan & Buckland Accountants Carmarthen Tel: 01267 233115

Bevan & Buckland Accountants St David’s Tel: 01437 720352

Free Tax Relief for R&D Seminar

Bevan & Buckland Accountants logoTax Relief for Research and Development – Paul Arnold

10th July 2015 , 12:00 – 14:30 – FREE ENTRY

Swansea University – Knowledge Exchange Wales (KEW)
Friday, 10 July 2015 from 12:00 to 14:30 (BST)
Singleton Park, Swansea

Networking lunch followed by masterclass

Research & Development Tax Relief

Companies have for many years been able to derive significant financial benefits from expenditure incurred on qualifying Research & Development (“R&D”) activities.  Following a number of recent changes to the scheme it has now become even more generous.

The seminar will cover:

  • What is R&D for tax purposes?
  • The financial benefits that can be derived
  • The range of costs and activities that can qualify
  • Recent changes to the regime, which now enable all loss making companies to potentially claim tax free cash from HM Revenue & Customs
  • How to maximise claims thereby ensuring companies claim their full entitlement


Patent Box – 10% corporate tax rate since April 2013

New rules on a lower tax rate for profits derived from patents took effect in April 2013.  These new rules, known as the “Patent Box”, are intended to increase the UK’s competitiveness, stimulate innovation and encourage investment in the UK by introducing an effective 10% corporate tax rate for qualifying profits.

The seminar will cover:

  • A summary of what the Patent Box is and how companies may benefit
  • The conditions which companies need to satisfy, and actions that companies may need to take, to ensure they qualify for this regime
  • How you might structure your business, R&D activities, intellectual property and earnings to maximise the benefits of this regime
  • An update of the recent announcements regarding the regime

Paul will be holding this seminar and he is an R&D and Patent Box specialist.  Paul is Head of Tax at Bevan & Buckland, and in addition to advising many owner managed businesses he has also advised some of the largest companies in the UK, including FTSE 100 companies and large multinational groups and is a member of HMRC’s R&D Consultative Committee.

If you would like to reserve a place click here

If you have any questions about Tax Relief for Research and Development please contact – Paul Arnold