by Neil O'Brien | May 27, 2016 | Accounts, PAYE & NI, Payroll, Tax
The first steps towards making tax digital is easy, change your systems. Moving your accounting systems to the cloud By moving your accounts to the cloud you not only making the compliance of Digital Tax easier, you are also putting the key numbers that you need to...
by Neil O'Brien | May 6, 2016 | Accounts, Our News, PAYE & NI, Payroll, Personal Tax, Tax
What is an overdrawn directors loan? Quite simply this is when a director has taken more money from the company than they were entitled to take via salary and/or dividends Why does an overdrawn directors loan account cause a tax issue? The amount could be treated as a...
by Neil O'Brien | Aug 7, 2015 | Budget, Costs, Employees, PAYE & NI, Payroll, Tax
What is the National Living Wage? The idea behind the National Living Wage is that it is high enough for workers to have a ‘normal’ standard of living. By 2020 the National Living Wage will increase to £9 an hour, replacing the £6.50 minimum wage. Whilst...
by Neil O'Brien | Jun 19, 2015 | Accounts, Our News, PAYE & NI
Auto Enrolment We all know how much of a pain RTI is. Yet another thing that we have to remember to do, to be compliant. All because Her Majesty’s Revenue and Customs wanted to track the taxes that should be collected as people move from job to job. Every employer...