I am confident by now that just about everybody is aware that workplace pensions are coming to every employer before the end of 2017. There is even a shiny new government advert on the TV that shows a huge fluffy monster that is trying not to be overlooked. I have already written to each client with their staging date and …
National Minimum Wage increase from 1st October 2015
It has been pointed out to me that I haven’t published the new 2015-16 National Minimum Wage rates this year. These rates changed with effect from the 1st October 2015 and are now as follows:-
Professional Fee Insurance
This is something that I have paid for all the clients of our practice for many years simply because it gives me peace of mind to know that every client, every tax return, every payroll we run is protected from sudden and unexpected fees when HMRC start asking questions. In the past it was up to individuals to take out, …
Tax Challenge
Do you really want to give the taxman £521,700? It’s a lot of money, isn’t it? But, even before the current economic crisis, that’s how much someone earning £30,000 a year would have paid in taxes over their lifetime. While if you are lucky enough to earn more than £30,000, your lifetime tax bills will probably have been even higher. …
HMRC Delay RTI For Small Business
Yesterday HMRC announced they have “agreed” to delay the introduction of Real Time Information (RTI) for small business employers with less than 50 employees.
HMRC say they recognize that some small employers who pay weekly, or more frequently (?), but who only process their payroll monthly may need longer to adapt to RTI reporting.
So, employers with less than 50 employees will have until the 5th October 2013 before they are required to operate their payrolls in real time but are (generously) allowed to use RTI if they want to.
Is Your Payroll Ready For Real Time Information For HMRC?
Is your payroll system ready for the changes being imposed by HMRC in April 2013? Great if you have done your checks and ensured your payroll software fully complies. But if you are still worried…give me a ring on 0800 047 0731 and I am happy to talk you through what is needed and how it will work.
Every Client Will Get This In 2013 – And Beyond
My plan to help clients grow in 2013 is by providing pro-active support, timely and relevant information, powerful tools to monitor progress towards known goals and a permanent record of all of this in “The Numbers” folder. The following short video gives you a taster of some of these…
Wondered Why You Need An Accountant?
A potential new client asked me this afternoon why he needed me. Well, perhaps this short clip will answer his question and maybe yours….
E-Marketplace Disclosure Facility Closes Soon
The Tax Office “amnesty” of reduced penalties for e-marketplace and e-auction website traders, that started on the 14th March 2012, is drawing to a close. The intention to make a disclosure has to be lodged with HMRC by the 14th June 2012 and the completed disclosure form and payment should reach HMRC by the 14th September 2012.
HMRC claim that penalties levied under this scheme will be capped at a maximum of 10% of the tax due, and in some cases waived altogether.
This is the latest scheme to try and encourage unregistered tax payers to fall into line…
Do You Really Want To Give The Taxman £493,500?
It’s a lot of money, isn’t it? But that is how much someone earning £30,000 a year pays in taxes over their lifetime. And for higher earners the amounts are even bigger.
Of course we all have to pay our fair share of taxes. But there is no reason why you should pay more than your fair share, is there???