15 Feb 2016
February 15, 2016

Tax codes to use from 6 April 2016

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It’s getting to that time of year again, where we reach the end of another tax year and the start of another.  HMRC have just issued their advice document P9X_2016 informing us of the tax codes to use next year. Personal Allowance For 2016 to 2017 the basic Personal Allowance will be £11000 and the.. read more →

29 Apr 2015
April 29, 2015

How to post your Salary Journal

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When doing bookkeeping training one of the most common errors I come across is the incorrect posting of the salary journals.  You need to accurately reflect the cost of your wages in your accounts, and this normally includes the gross salary for your staff plus the employers national insurance, and increasingly, especially with auto enrolment,.. read more →

17 Apr 2015
April 17, 2015

Tax Codes to use from 6 April 2015

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I don’t know if it is just me, but since it’s redesign I am finding information pages on the HMRC website much harder to find these days.  One particular example was knowing how to change the tax codes for the start of the new financial year.  So to help I will summarise here the changes.. read more →

23 Mar 2015
March 23, 2015

New Marriage Allowance

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If your total income is less than £10600 in the next tax year (2015 to 2016), you might be able to reduce the tax bill of your wife, husband or civil partner by up to £212. The new Marriage Allowance will let you  transfer some of your Personal Allowance to you partner. This new allowance.. read more →

02 Mar 2015
March 2, 2015

Update to HMRC Basic PAYE Tools

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If you use the HMRC basic PAYE tools then please be aware that there is now an update available from the GOV.UK website. This new version includes updates to the automatic update facility, and needs to be downloaded and installed directly from the website.  You shouldn’t attempt to download by selecting the ‘Check for updates/Check.. read more →

24 Oct 2014
October 24, 2014

HMRC Filing Penalties

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If you run a small company of less than 50 employees then you should have recently received a notice from the HMRC about in-year filing penalties. read more →

06 Jan 2014
January 6, 2014

Top Ten Auto Enrolment Terms

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If you employ staff then you need to know about Auto Enrolment, but if you read the articles and advice then there are a lot of terms which you may not understand.  Hopefully my top ten auto enrolment terms can help you make more sense out of what you need to know : Jobholder –.. read more →

02 Dec 2013
December 2, 2013

Go Cardless and VAT Cash Accounting

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We have just received an important notification for business users of GoCardless who use VAT Cash Accounting. The GoCardless Sage add-on has previously created all Sales Receipts with the “T9” VAT code  If you do cash accounting, Sales Receipts created by GoCardless before November may therefore have the incorrect VAT code. In order to correct.. read more →

29 Nov 2013
November 29, 2013

HMRC and Gateway Virus messages.

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I have noticed over the last few weeks an increase in the number of fake messages which claim to come from the HMRC or Government Gateway and look at first glance quite realistic. They have a realistic return address such as noreply@hmrc.gov.uk or gateway.confirmation@gateway.gov.uk, but also have an attachment which is zipped up, which is.. read more →

Auto Enrolment. It’s the latest buzzword around payroll processing, but do you know what it is and what you as an employee or employer need to do? Basically it is the right of anyone in a job to be enrolled in a company pension scheme unless they opt out.  This means that employers need to.. read more →