Author: Samantha Nicholson
Profit and loss account explained
As a director of a limited company, you are responsible for filing accounts with Companies House and a corporation tax return with HMRC each year. Although most people appoint an accountant to handle this, it’s sill important to have a basic understanding of how your accounts are put together. You may think that if you Read more about Profit and loss account explained[…]
GDPR – General Data Protection Regulations
What is it? It is an update to the 1998 Data Protection Act (DPA) which unifies Data Protection across the European Union (EU) – in force from 25/05/2018 GDPR applies to both paper based and computerised records Why is it being updated? Current legislation needs updating Information as become a commodity and can sell for Read more about GDPR – General Data Protection Regulations[…]
As a director, what should I pay myself in 2018/19?
Such a simply question, you would think, however it produces a complicated answer. For this calculation, we have assumed the following: The director wants to preserves their entitlement to state benefits, and The director wants a salary which saves the most tax and national insurance. First of all let us look at preserving your entitlement Read more about As a director, what should I pay myself in 2018/19?[…]
Important information about changes to paying HMRC
At the Post Office You won’t be able to pay at the Post Office from 15 December 2017. You will need to choose a different way of making payments to them. By credit card From 13 January 2018, HMRC will no longer accept payment by personal credit card. Debit cards and corporate credit cards will Read more about Important information about changes to paying HMRC[…]
We are recruiting
Due to continuing growth, we are seeking an office junior to work and progress within our practice. You will benefit from working in a friendly, hands on environment whereby the staff are highly focused on supporting one another to offer excellent service to their clients. We’re looking for a person who wants to make a Read more about We are recruiting[…]
Employer Engagement & Support Survey
Inspire_SY is a partnership of Post 16 education and training organisations who work with young people pre and post 16 across South Yorkshire.The Government has proposed some significant changes for the future around how post 16 learning programmes can better work with employers to ensure learners are better prepared for the world of work on Read more about Employer Engagement & Support Survey[…]
Construction Industry Scheme – subcontractor verifications
What is changing?In February 2016, HMRC told us about some improvements they were going to make to the construction Industry Scheme (CIS) online verification service. During their technical consultation exercise in December 2015, they also told us that their proposal was for verifications to become mandatory, and that from April 2017, contractors must use an Read more about Construction Industry Scheme – subcontractor verifications[…]
After Auto Enrolment Staging
After Auto Enrolment Staging – What happens next? Once you have completed the initial setup of auto enrolment you will need to complete a set of tasks on an ongoing basis. You will need to continually comply with their ongoing duties in order to avoid being fined by the Pensions regulator. Ongoing Assessment and Enrolment: All Read more about After Auto Enrolment Staging[…]