Archive for September, 2010

Should I renew my bookkeeping software?

Having recently received an invite to upgrade my existing bookkeeping software to the latest version at a cost of £449 (including a generous £50 discount for existing customers!) I thought I would consider whether this is a good idea or not.

Latest scams..

When HMRC are done raiding your piggy bank then what’s left is also going to be fair game for scammers.

Check out the latest scams to be aware of.

Am I non-domiciled and what are the rules?

The world appears to get a little smaller every day as I meet more and more people who have come to the UK and set up business here. There are so many myths and jargon surrounding the tax rules for resident non-domiciles, domiciled non-residents and residents who are not ordinarily resident that I thought I would outline some of the rules and their implication on your tax return.

Is my PAYE code correct?

You may have heard a lot of noise in the press recently about the 1.4 million people who have been told they owe an average of £1,428 to HM Revenue & Customs (HMRC) because their PAYE code was incorrect which resulted in too little tax being collected from their wages.

Understanding holiday pay

Many employers (and employees) can get confused over rights and obligations regarding holiday entitlement. Luckily ACAS, the government-funded employment relations service, have released a comprehensive leaflet covering all the issues surrounding holiday pay.


 

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