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...

PAYE Explained

You need to set up a Pay As You Earn (PAYE) system if you have employees, or if you are a limited company (as you are counted as an employee). Make sure you’ve registered as an employer with HMRC before you set it up. What is PAYE? PAYE is the system used for...

Late Payroll Filing Penalties

Late Filing Penalties From 6 October 2014 the HMRC computer will automatically issue you with a penalty if you submit your full payment submission (FPS) under RTI “late”, or don’t submit it at all for a month in which you paid your employees. So what...

10 Steps to cashflow heaven

1. Set cashflow targets One way of controlling cashflow is by preparing and maintaining a cashflow forecast. Andrew Johnson, financial controller for telephone conferencing provider Powwownow, advises that this can be updated weekly, to provide an accurate outlook for...