From the 1st October 2016, the National Minimum Wage rates will be increasing as follows: 21 - 24 year olds - NMW will increase from £6.70 to £6.95 per hour. 18 - 20 year olds - NMW will increase from £5.30 to £5.55 per hour. Over compulsory school age but not yet 18 - NMW will … [Read more...]
The turn around of the Coffee Cup
It looks as though a certain party want to build on the success of the plastic bag which was introduced last October 2015. Certain Coffee shop owners would not be against a 5p charge (another hidden tax) on disposable coffee cups to cut the number being thrown away by urging customers … [Read more...]
HM Revenue and Customs digital push could see end of Tax Returns by 2020
Maybe the HM Revenue and Customs are too ambitious HM Revenue and Customs have issued continuous documents explaining changes to transform the UK's tax system under the Making Tax Digital initiative. This will intend to make HM Revenue an Customs one of the most digitally advanced tax … [Read more...]
New Holiday Tax
Millions of Brits jetting off on their summer break will face face a new 'holiday tax' A controversial new tourist charge imposed on visitors to Balearic Islands - including Ibiza and Majorca - will apply to everyone from July 1 this year. The costs apply to each holidaymaker who … [Read more...]
The Confirmation Statement has Replaced the Annual Return.
Register of persons with significant Control Did you know that the legislation has changed for Limited Companies. From 1st July 2016 the Annual return to Companies House has been replaced by an annual Confirmation Statement, which requires additional details of "people with significant control" … [Read more...]
“The power of social media cannot be underestimated”, says Alan Patient.
Whatever business you are in, you may be thinking about entering the world of Social Media or even how to benefit from your existing pages. Here is a little guide on the rewards and how much Alan Patient & Co Ltd have succeeded in using Social Media. Your … [Read more...]
A Period of Uncertainty – The Pound in your Pocket
Many questions, what are we all thinking. If the pound continues to be weak, Brexit could boost exporters, but it would mean higher costs for companies importing raw materials and British travellers abroad. House prices could fall, or at least rise more slowly than expected, … [Read more...]
How to dress in an Accountancy Firm
Can you believe that a receptionist temping at at a top City firm of Accountants was sent home for wearing flat shoes and not high heals. When she arrived in her flat shoes, she was informed to buy new shoes or leave unpaid. The actress from East London was temping … [Read more...]
Is your Accountant full speed ahead?
Very interesting to reveal who are the worst and the safest drivers by profession in Britain Did you know that roofers are four times less likely than accountants to be involved in an accident while driving. I wonder how true this is. Studies. show accountants, solicitors and doctors are the most … [Read more...]
Accountancy Services at the ready – Did you know that you could be sitting on a small fortune in your living room.
All the time we are changing and upgrading our devices to keep up with the latest technology. DVD's and even Blue-rays may now look old fashioned but did you know your old VHS tapes could account to a high value. It is interesting to know that VHS tapes are now very much collectable items as well … [Read more...]
