Pension Auto Enrolment

Have you seen the ad for Auto Enrolment?  It’s the one with the well known company bosses Karen Brady & Theo Paphitis. The ad is the start of the Department of Working Pensions campaign to let everyone know from 1st October 2012 employers have been tasked with making sure all their employees have the opportunity […]

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Paper Tax Returns are due 31st October!!

Stop thinking of excuses for not filling in your tax return, putting off completing it could cost you money. HMRC have an example on their website detailing the amount of money they will take off you if you are late with your return. “Mrs A’s tax return is due on 31 January 2013 but HMRC […]

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Real Time Information (RTI) – get it right first time.

Real Time Information (RTI) – get it right first time. Find out about it, how it effects you and your business Check your current payroll and bacs software is compatible and able to cope with RTI Clean your data, for all your employees including those that have left in this tax year. Educate your employees; […]

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How to make up to £50!

How many of us empty our pockets into a bottle or pot to be smashed open just before a holiday or Christmas perhaps.  Doesn’t it make you smile counting those pennies into pounds? If turning pennies into pounds makes you smile, wouldn’t getting money back from the tax man make you grin.  You could add upto £50 to your holiday […]

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Tech Tuesday

What does Tech Tuesday mean? to me its obviously Tuesday, (not technically Tuesday) it has followed Monday for years and always comes before Wednesday! I have a sneaking suspicion it means Technology Tuesday, technology mmm how does that fit with Payroll & Bookkeeping.  Well if you are manually calculating your payroll & recording your receipts […]

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#Ginger Thursday

Trending today is “Ginger Thursday” not sure where is comes from or indeed what its all about but if its trending then its getting attention.  So I thought I’d join in with some suggestions on how to celebrate Ginger Thursday. Celebrate Ginger Thursday! How about celebrating paying over the 2nd half of your tax bill by […]

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Pay less tax keep your receipts

Receipts for fuel, tools & specialist clothing can be offset against your earnings on your self assessment return. Each one you loose or forget to ask for is throwing money away. Check out the self-assessment page for more details.

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Is your employee data correct?

RTI is the buzz word in the tax world at the moment. The HMRC are asking are you ready?  “What do they mean by ready?”, “What is RTI?”  “Why should I care?”  I hear you shout. Ready means is your employee data clean and in the correct format. RTI is Real Time Information the HMRC […]

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Small Businesses crippled by HMRC fines

Since starting my own Payroll & Bookkeeping business I’ve heard tales of small businesses being slapped with fines for not paying over corporation tax on time. No matter how much your corporation tax bill is you still have to pay it over in the required time frame set by HMRC.  One story I heard was […]

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6th July – P11d’s

Any taxable benefits given to your employee’s need to be recorded on a P11d and sent to HMRC by 6th July.

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