Don’t forget the deadline for filing Form P11D and P11Db with HMRC is 6 July 2009, employees also need to receive a copy of their P11D. Ensure you pay your Class1A NIC over to HMRC by 19 July 2009. Technorati Tags: P11D,P11Db,Benefits in Kind,Employee,Employer,HMRC
Business owners and managers who are prone to procrastination often feel right at home if managing finance is not one of their strengths. Finance is often one of the items that is placed on the back burner of many businesses. It does not really matter whether finance is one of your strengths or weaknesses – [...]
Making staff redundant is never easy. But where the employer can afford to make a payment to the employee over and above the statutory redundancy, which is capped at £350 per week, both sides may feel better about the process. These additional redundancy payments are often referred to as payments in lieu of notice (PILON). [...]
The scrappage scheme launched on 18 May 2009 could be an ideal opportunity to trade in an old car or van and get a substantial discount on a new model. The scheme will run until March 2010, or until the funding set aside for the Government discount of £1,000 per vehicle runs out. The participating [...]
Did you know that as an employer from 1 April 2009 all staff are entitled to at least 5.6 weeks (28 days) holiday entitlement (including bank holidays) and for those who are part time it is pro-rata. Business Link have provided an easy to use tool to calculate your employees annual leave entitlement. Technorati [...]
The Idea Take three friends and a passion for coffee and the result is the beginning of an international business. The story of Starbucks is well documented and is often taught in business schools as an example of a good business model. It is absolutely amazing to think that a simple idea of selling coffee [...]
Some financial do’s and don’ts for the recession: At very meeting discuss, review, update and act on information concerning cash flow, have a set of projections incorporating a cash flow statement that you can refer to, update them if needed. If there is a conflict between cash flow and profitability then make sure cash flow [...]
During the current economic downturn businesses across the UK are looking to cut their costs in any way possible. Trades unions and business groups have all warned that the recession cannot be a reason to cut back on health and safety. Recently there has been a spate of significant health and safety cases, many of [...]
Expenses to report on the P11D. The starting point is that all expenses reimbursed and benefits made available to an employee who earns £8,500 or more, or who is a director, must be reported on a form P11D, unless a dispensation is in place that covers those particular items. This applies even if all the [...]
Today I have loaded up our latest client fact sheets numbers 10 and 11 covering the latest provisions of the new Companies Act 2006. These fact sheets include, amongst other things, details on the new model articles of association in fact sheet 10 and in fact sheet 11 details on how to form a limited [...]
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