Key Dates and deadlines 2018 / 2019
Key Dates and Deadlines 2018 /2019 January 19th Quarterly payment PAYE Tax and NIC for year ended 1 January 2018. Deadline for postal payments remittance of PAYE, NICs and CIS to HMRC. 22nd Quarterly payment PAYE Tax and NIC for year ended 1 January 2018. Deadline for...
7 Tips to help you with your bookkeeping!
Have 12 envelopes or a 12 pocket concertina file to put your purchase invoices in….one for each month Any purchase receipt that is not clear, write a note on it so you don’t forget Keep unpaid sales invoices separate from paid, so you can ensure none get missed Keep a...
National Insurance
Explanation -National Insurance You pay National Insurance contributions to build up your entitlement to certain state benefits, including the State Pension. You pay National Insurance if you’re: 16 or over an employee earning above £149 a week self employed making a...
10 ways to improve cashflow
Here are some pointers on keeping your business bank balance in the best possible shape: 1. Fast invoicing. It may sound obvious, but the quicker you get bills out to clients, the quicker you will be paid. A lot of companies leave invoicing until the end of the month...
Real Time Information (RTI) explained
Real Time Information (RTI) for PAYE Real Time information will improve the operation of the PAYE system by creating more up-to-date taxpayer records and making the system easier for employers and HMRC to administer. Why are HMRC changing PAYE When PAYE was introduced...
Businesses to benefit from Budget 2014
Businesses to benefit from Budget 2014 George Osborne’s “Budget for a Resilient UK” outlined a number of new measures, while also welcoming significantly improved growth forecasts, with the UK economy expected to grow by 2.7% in 2014. Although the surprise...
A service needed by over 4 million customers… what is it?
Bookkeeping of course! “But why?” we often are asked. Well, here is the story. All businesses in the UK are now required to keep records of their transactions which later are used by an accountant to file for tax and often VAT. Managing these transactions through...
Spring clean your business
The daylight hours are getting longer which means that now is the time to start thinking about how you can do some much-needed business Spring cleaning. But instead of just papering over the cracks or carrying out some minor cosmetic touch-ups, could this be the year...
A guide to Auto enrollment
Automatic Enrolment What is it? UK businesses who employ one or more workers have to put them into a pension scheme if they meet certain criteria Who does this apply to? You must automatically enrol everyone working for you: who is aged between 22 and state pension...
Staff Profiles
So who are we all? Jenny- started Yours 4 A Day in 1997 ago with a vision to create a flexible, friendly and personal accounts service to businesses ranging from sole traders to larger limited companies. Jenny is a Fellow Member of the Association of Accounting...