The Comprehensive Service
|
|
- Abigail Harper
- 8 years ago
- Views:
Transcription
1 The Comprehensive Service At PML Accounting Limited, we understand that business affairs need to be dealt with efficiently and effectively, so we have developed a specialist accounting service specifically tailored for agency workers and contractors. PML deals with the difficulties that contractors face in forming and operating Limited Companies. PML Accounting takes care of payments which need to be made on behalf of the Company and the returns which need to be submitted to the relevant statutory and taxation authorities. These services include: Maintaining accurate records in compliance with the companies act. Preparing annual statutory accounts and dealing with Company annual returns. Calculating and payment of Income Tax and National Insurance contributions. Completing annual company returns. Preparation of Corporation Tax computations and returns Preparation and submission to the Inland Revenue of relevant P35/P60 annual returns and P9 and P11D expense returns. PML assist in forming a Limited Company for each Agency Worker / Contractor Client. The Company bears the client s chosen preferred name e.g. John Smith Driving Services Limited; such that each Agency Worker / Contractor Client has their own Limited Company. Each Agency Worker / Contractor Client becomes a director of their own Company, holding 1 x 1.00 ordinary shares. The Agency or Business will be informed that PML Accounting will be administering the Company. All the necessary documentation will be completed and confirmation of the Limited Company status will be provided to the Agency or Business. PML provides a comprehensive service for a four weekly fixed fee arrangement which is payable whilst the contract is ongoing. Contributions towards fees are deducted weekly when trading is conducted on a weekly basis. Standard service applicable to all contracts: Calculation and reimbursement of qualifying travel expenses, Preparation of annual statutory accounts for submission to Companies House, Preparation of Corporation Tax returns and computations for submission to the Inland Revenue Sales invoicing to the Recruitment Agency or Business, Free Company formation, Credit control collecting payments for invoices issued by each Company, Advice on mortgage applications, life insurance and pensions, Claiming tax allowable expenses where applicable for example: o Motor expenses (using Inland Revenue published mileage rates), o Travel and subsistence expenses, o Use of other business equipment, o Training costs, o Postage and stationery o Use of personal computers.
2 Accountancy Service overview How the service works A Limited Company is set up on behalf of the Agency worker / Contractor and that person then becomes a director of their own Company. Income is generated from the Company by weekly or monthly salary and a dividend payment as a shareholder. The benefits from the service Because dividend payments are not subject to National Insurance contributions, the spendable income can be as much as 10% higher than that of a salary paid under PAYE, and this can be exceeded by claiming allowable expenses. In the case of Contractors whose Companies work in the construction industry, CIS tax of 20% is deducted from the income of their Company and this amount will cover the NIC due on the salary and Corporation tax liabilities. All administration matters relating to the Company will by undertaken by PML and annual returns will be completed and submitted to Companies House. Business expenses All business expenses (i.e. motor mileage) which are able to be claimed against taxable income will be claimed by PML on receipt of a completed Expense Claim Form with supporting receipts or relevant documentation. How payment is made A timesheet detailing hours worked on a weekly or monthly basis (depending on the schedule chosen) is forwarded to PML and to the client (Agency or Business). As soon as this is received, PML will raise an invoice from the Company to the client so that payment may be made to the Company account Terminating the PML service If any Client wishes to terminate PML s services, the Agency or business customer and PML must be informed. A P45 will then be issued and the company will cease trading. If however, the Client wishes to continue trading via their company without the assistance of PML, there will be a charge to cover the costs of forming the company. Furthermore, we will also charge up to the balance of fees due in the year for any additional work required in relation to ensuring compliance with the company s statutory obligations (any additional charge will be subject to VAT at the current rate).
3 Our Strategy for Success PML Accounting Limited prides itself on the services provided to all Limited Company Contractors and is recognised by Agencies and other Businesses for the quality of that service. It is recognised that we provide a fast and efficient service, which is tax efficient and financially beneficial. We specialise in setting up limited companies and ensure they operate within the UK Company and Tax Laws. In this scenario, Independent Contractors will pay less tax by taking advantage of the savings available. Utilising your own Limited Company, a Director can enjoy the advantages of having a Limited Company status, PML will assist in administration and legal requirements. Net pay can be substantially increased over the alternative PAYE arrangement, provided the contract and the characteristics of the engagement are capable of passing the self employment test. When operating as a Limited Company, the Contractor is able to take part of the income as salary, which is subject to Income Tax and National Insurance contributions and the remainder as dividends. Income is therefore, allocated in the most tax efficient way, utilising all the tax allowances that are available. Limited Company contractors are entitled to tax relief on certain expenses, for instance: Motor expenses (mileage rates), Subscriptions, Computer equipment and software, Telephone (Inc mobile), Pension contributions, Postage and stationery, Training costs, Travel and subsistence, Company secretarial costs, Accommodation, Accountancy costs, Protective clothing, All Income Tax and National Insurance liabilities will be kept up to date and the entitlement to a full state pension will be maintained. Another benefit of PML Accounting Limited helping with the administration of your Company is on hand advice with regard to Pensions, Life Insurance and Mortgage applications through an associated company. The PML total support and administration service package equates to only plus VAT per four week period, assuming a yearly relationship, which for the service provided is the lowest on the market and has been for several years.
4 Frequently asked questions Q. On what basis does the service work? A. An Agency Worker or Contractor becomes a Director of their own Limited Company providing services on a contract basis to various organisations. PML will set up and administer the Company, filing all returns and ensuring all legal obligations are fulfilled. If required by the company, PML will assist in a non-executive role with some of the administration duties of the company, such as payroll which will ensure that all income tax and national insurance contributions are paid. Q. How does the Agency Worker / Contractor benefit? A. The tax efficient nature of the service enables the maximum proportion of gross earnings to be received as net income. This income comprises a combination of weekly PAYE salary and shareholder s dividend. Dividend payments attract a lower rate of tax and are not subject to National Insurance contribution. Therefore, the net income is higher than that received under the traditional PAYE system. Q. What about the Construction Industry Scheme (CIS) relating only to Contractors working in the construction industry? A. To comply with Inland Revenue legislation PML, will oversee the deduction of CIS tax of 20% from the gross invoice total if the Limited Company being administered for a contractor is working within the construction industry. All companies trading in the construction industry are registered and issued with their own official Construction Industry Scheme Registration number. Q. What does the service cost? A. PML Accounting fees are plus VAT per four week period i.e plus VAT per week, based on a yearly relationship.(fees relative to other periods of relationship are discretional please inquire for details) Combined with the package we offer this is excellent value and we believe the service to be the most competitive available in the market today and this, for the service we provide has been the case now for several years. Q. Is a Contractor entitled to Sick Pay? A. Yes, all working individuals are entitled to SSP when certified sick. Q. Is a Contractor entitled to Holiday Pay? A. Yes, currently under EEC guidelines workers are entitled to 28 days paid holiday per year. The Agency or Company using the service of the Limited Company engaging the Contractor, are required to include the holiday entitlement as part of the gross invoice amount paid to the personal service company. The director/contractor decides whether payment for holiday is paid weekly as part of the hourly rate or reserved to be paid when holidays are taken. Q. What about working with different clients at the same time? A. All that is necessary is that PML are advised of the new client details and the clients are informed that invoices will be raised through the contractor s own Limited Company and PML will be administrating the company on behalf of the contractor. PML will do the rest.
5 Q. What happens if Limited Company agency worker changes client? A. No problem. Let us know the new client details and we will do the rest. This facility is fully transferable to different clients at no additional cost to the contractor s Limited Company. Q. I am new to contracting and I do not even have a company set up A. We offer a FREE Limited Company to all new contractors who use our services. Q. I live 125 miles away from a PML office, am I too far away? A. No, we offer a nationwide service to Limited Company contractors. All of our work can be carried out at our offices using fax, postal service and . Q. What happens if I need help? A. You may , telephone, fax or write with any query, we will respond as soon as we can, usually the same day. Q. Will I need an audit? A. Limited companies with an annual turnover below 6.5 Million do not need to have an audit. Q. How much notice must I give if I want to stop using your services? A. In the unlikely event of you wishing to stop using our service, all we would require is one month s notice, in order that we may carry out the necessary termination / transfer administration work. Q. How quickly can I start to use PML accounting as my Accountants and Tax Advisers? A. Simply return the forms (or a copy) enclosed with this pack. As soon as we receive the completed forms, we will set your company up and contact you for anything further that we may need. Q. What do I do if I have any further queries? A. You may contact the PML office by any one of the following: Telephone: Fax: info@pmlaccounting.co.uk Visit the Website at Or please write to us and we will respond by return.
6 PML Personal Illustration Contractor A Pay Rates: 400 per week Expenses: Based on 250 miles per week and additional expenses. Mileage rate is 45p for first 10,000 miles AS AN EMPLOYEE (PAYE assuming Tax Code 747L) Gross pay Tax ( 51.25) NIC ( 31.32) Net pay VIA YOUR OWN LIMITED COMPANY Gross pay (invoiced to client) Less: Administration fee ( 21.60) Employees NI ( 00.18) Corporation Tax ( 00.68) Net pay Represented by: Salary net: Expenses Net payment 2.72 Total Net Payment Total Benefit 60.11
7 PML Personal Illustration Contractor B Pay Rates: 500 per week Expenses: Based on 250 miles per week and additional expenses. Mileage rate is 45p for first 10,000 miles AS AN EMPLOYEE (PAYE assuming Tax Code 747L) Gross pay Tax ( 71.25) NIC ( 43.32) Net pay VIA YOUR OWN LIMITED COMPANY Gross pay (invoiced to client) Less: Administration fee ( 21.60) Employees NI ( 00.18) Corporation Tax ( 20.68) Net pay Represented by: Salary net: Expenses Net payment Total Net Payment Total Benefit 72.11
8 PML Personal Illustration Contractor C Pay Rates: 600 per week Expenses: Based on 250 miles per week and additional expenses. Mileage rate is 45p for first 10,000 miles AS AN EMPLOYEE (PAYE assuming Tax Code 747L) Gross pay Tax ( 91.25) NIC ( 55.32) Net pay VIA YOUR OWN LIMITED COMPANY Gross pay (invoiced to client) Less: Administration fee ( 21.60) Employees NI ( 00.18) Corporation Tax ( 40.68) Net pay Represented by: Salary net: Expenses Net payment Total Net Payment Total Benefit 84.11
The Comprehensive Service
The Comprehensive Service At PML Accounting Ltd, we understand that business affairs need to be dealt with efficiently and effectively. Therefore, we have utilised and further developed a specialist accounting
More informationOperating Guide For Contractors
Operating Guide For Contractors 30 New Road Brighton BN1 1BN Tel: (01273) 324163 Fax: (01273) 323983 Email: rogerm@hsc.uk.net Website: www.hsc.uk.net Operating Guide for Contractors Introduction This guide
More informationA QUICK GUIDE TO PERSONAL SERVICE COMPANIES (PSC s)
A QUICK GUIDE TO PERSONAL SERVICE COMPANIES (PSC s) Are you caught by the IR 35 PSC Rules or not? There are 5 key status tests: (a) (b) (c) No mutuality of obligation (MOO) Are you in business on your
More informationStarting in Business. Get your business up and running with RDP Newmans. clear thinking. positive solutions. www.rdpnewmans.com
Starting in Business Get your business up and running with RDP Newmans clear thinking. positive solutions www.rdpnewmans.com Contents The First Steps 01 Welcome 01 Business Foundations 01 Finances 02 Overview
More informationWho we are. What we do. Why choose us? Page 2
Who we are 1 st Contractor Accountants are a specialist online firm of accountants for contractors, freelancers and small businesses. The founders of 1 st Contractor Accountants have nearly 30 years combined
More informationA Guide to Contracting
A Guide to Contracting An Introduction to Contracting Going freelance doesn t mean going it alone 292 Wake Green Road Birmingham B13 9QP Tel: 0121 778 6278 contracting@lowsonward.com A Guide to Contracting
More informationSOLE TRADER & SELF EMPLOYMENT GUIDE
Sipher Accounting & Tax Chartered Certified Accountants and Business Advisers Email: info@sipheraccounting.com Website: www.sipheraccounting.com SOLE TRADER & SELF EMPLOYMENT GUIDE SIPHER ACCOUNTING &
More informationIs a limited company right for you?
Is a limited company right for you? As a contractor you have the opportunity to take home more of your income each month, but it's important to make the right decision about how you achieve that aim. Get
More informationGuide to Running a Limited Company
clear thinking, positive solutions Guide to Running a Limited Company www.rdpnewmans.com Contents Company Foundations 01 Companies House Registration 01 Company Officers 01 Shareholdings 01 Bank Accounts
More informationContractor s Guide. Moving from Permanent to Contracting. Step-by-step Guide. S J D Accountancy Chartered Tax Advisers and Accountants
Contractor s Guide Moving from Permanent to Contracting 1 2 3 Step-by-step Guide S J D Accountancy Chartered Tax Advisers and Accountants Contracting through your own Limited Company Who are SJD Accountancy?
More information8.7 Taxation - PAYE, NI and Pensions
8.7 Taxation - PAYE, NI and Pensions Introduction Under current delegation and in accordance with Section 2 of the Scheme, schools are responsible for the payroll arrangements for their employees. There
More informationSIPHER ACCOUNT- ING & TAX SOLE TRADER & SELF-EMPLOYMENT GUIDE. Our prices start at 95 for personal tax returns and 250 for sole trader accounts
Our prices start at 95 for personal tax returns and 250 for sole trader accounts SIPHER ACCOUNT- ING & TAX SOLE TRADER & SELF-EMPLOYMENT GUIDE Specialists advice for: Dentists; Doctors; Plumbers; Cab drivers;
More informationMost of the hard work of setting up and running a Limited Company is at the beginning of the process which Exceed will be able to assist you with.
Limited Companies Introduction Forming a Limited Company may appear to be very daunting to some people, and it is true that a lot of legislation is in place relating to company formation and operation.
More informationFord Computer Systems Ltd ACCOUNTS FOR THE YEAR ENDED 30/06/2005
Registered number: 1111111 ACCOUNTS FOR THE YEAR ENDED 30/06/2005 Prepared By: Bloggs & Co ACCOUNTS FOR THE YEAR ENDED 30/06/2005 DIRECTORS D G Ford SECRETARY S J Ford REGISTERED OFFICE 65 High Street
More informationRunning a limited company
01 RUNNING A LIMITED COMPANY CHARTERED ACCOUNTANTS Running a limited company Supportive. Effective. Efficient. Experts in tax and finance. Running a limited company When you decide to start a limited company
More informationIs a limited company right for you?
Is a limited company right for you? As a contractor you have the opportunity to take home more of your income each month, but it's important to make the right decision about how you achieve that aim. Get
More informationA contractors guide to operating a limited company
A contractors guide to operating a limited company Index 1) About us 2) Our services 3) Bank accounts 4) Payroll, PAYE & National Insurance requirements 5) VAT requirements 6) Corporation tax 7) Obligations,
More informationICS Umbrella A professional employment solution
ICS Umbrella A professional employment solution Established in 2002, ICS work in partnership with recruitment agencies providing a professional employment solution known as ICS Umbrella as well as specialist
More informationCFC CFC GLOBAL UMBRELLA WELCOME GUIDE. SETUP PROCESS 03 Steps 1-4 and Agency Update 04 Setting Up with Agencies. CONTACT 21 Contact CFCG
CFC CFC Global LLP CFC GLOBAL UMBRELLA WELCOME GUIDE 01 UMBRELLA SERVICES EXPENSES EXPLAINED Expenses Explained CFCG Referral Details and Form to 19 1-46 21 CONTACT 21 Contact CFCG WELCOME! As a contractor
More informationContractor s Guide to Expenses Step-by-step Guide
Contractor s Guide to Expenses 1 2 3 Step-by-step Guide S J D Accountancy Chartered Tax Advisers and Accountants Contracting through your own Limited Company Who are SJD Accountancy? SJD Accountancy are
More informationFreeAgent simplifies bookkeeping; it will produce your invoices for you and you can upload your bank statements into it to capture expenditure.
New to Contracting If you have already been working for yourself through a limited company you will already have some knowledge of what is required to manage your company and personal finances on an on-going
More informationTechnical Employment Status Guidance
Technical Employment Status Guidance Tax, National Insurance and Superannuation implications for GPs involved in Clinical Commissioning Group roles It is important to establish the correct employment status
More informationHow To Work With The Nopalaver Group
The NoPalaver Group Group Information Pack NoPalaver Group The NoPalaver Group provides employment, payment, accounting and administration services for contractors, agencies and corporate clients. We have
More informationLimited Company Guide
Limited Company Guide A complete accountancy service for the small business across the United Kingdom What is a limited company? A limited company is a type of business whereby the owner s liability is
More informationTHE UNIVERSITY OF BIRMINGHAM. Current as from 28/04/2014
THE UNIVERSITY OF BIRMINGHAM Expenses Policy Current as from 28/04/2014 Introduction and Policy Overview The University s overriding policy is that economy should be exercised in the purchase of all goods
More informationHow To Run A Limited Company In The Uk
A step by step guide. Contracting through your own limited company. Our straightforward guide At Simplyco, we believe in making life less complicated. That s why we created this straightforward guide to
More informationProfessional European and Worldwide Accounts and Tax Advisors. Information Pack
Professional European and Worldwide Accounts and Tax Advisors Page 1 of 13 Contents Title Page Contact Details 3 O Connor & Associates 4 Our Services 5 The Future Benefits 6 Getting Started 8 Terms and
More informationLimited Company Guidance
Limited Company Guidance > A guide to running your company > Accounting and Taxes > 1 st Contact Accounting Fees and Services A guide to running your company Drawing money from my company What makes up
More informationRefer us a friend today and receive 100 EXPENSES GUIDELINE
Refer us a friend today and receive 100 EXPENSES GUIDELINE CONTENTS Limited company expense guidelines 1 Business Expenses 2 Salaries 2 Travel and Subsistence Expenses 2 Business Mileage 3 Company Car
More informationThe sacrifice is achieved by varying your terms and conditions of employment for the term which you choose to receive a company car.
Employee Frequently Asked Questions General 1 What is Colleague Cars? Colleague Cars is a unique scheme open to all employees whereby you exchange some of your normal salary in return for a company car.
More informationCONTRACTOR PAY TAKE MORE HOME FREE GUIDE CONTRACTORS RETAIN UP TO 90% OF YOUR INCOME ARE YOU CONTRACTING THE BEST WAY?
TAKE MORE HOME FREE GUIDE CONTRACTORS RETAIN UP TO 90% OF YOUR INCOME ARE YOU CONTRACTING THE BEST WAY? 1CONTRACTING? Contracting Being a contractor can allow you greater flexibility in the hours you work
More informationPolicy on payment of fees and expenses for members of the public actively involved with INVOLVE
Policy on payment of fees and expenses for members of the public actively involved with INVOLVE Contents April 2015 1. Introduction... 2 2. Who does this policy apply to?... 3 3. Covering your expenses...
More informationLimited Company Guide - 1 -
Limited Company Guide - 1 - Congratulations on your new company. If you are new contracting, you may feel overwhelmed with your new responsibilities as the company director. This guide is designed to give
More informationGuide. to starting a limited company
Guide to starting a limited company Starting a Limited Company A Practical Guide to What You Should Know If you are thinking of setting up a limited company for contracting or you already have one, you
More informationTax Planning Checklist
Tax Planning Checklist For the year ended 31 March 2014 Contents Year end tax planning checklist 1 General tips on minimising tax 4 Help us to process your records efficiently and quickly 5 Help yourself
More informationcxc Consultants Exchange The Complete Solution
cxc Consultants Exchange The Complete Solution Managed Limited Company Service for Contractors From cxc Consultants Exchange Limited Worldwide Contractor Services Providers Ireland Company Number: 3650244
More informationGraduate Guide to Contracting
Graduate Guide to Contracting Contents What is Contracting? 3 What to Expect on a Contract 4 What to Expect from Contracting 5 Pre-Employment Vetting 6 Umbrella Companies 9 Personal Service Companies 10
More informationContractor s Playbook. The ultimate guide to contracting in the UK
Contractor s Playbook The ultimate guide to contracting in the UK Introduction Deciding to become an independent contractor is a massive decision. And not one to be taken lightly. Whatever the reason:
More informationLarge Company Limited. Report and Accounts. 31 December 2009
Registered number 123456 Large Company Limited Report and Accounts 31 December 2009 Report and accounts Contents Page Company information 1 Directors' report 2 Statement of directors' responsibilities
More informationHow can you ensure that your new business will succeed?
Limited vs. Sole trader. Guide 0.1 How can you ensure that your new business will succeed? Call Us Now: 0800 0699507 Limited Company Service Accounts Direct is dedicated to helping contractors, Consultants,
More informationSTARTER GUIDE TO CONTRACTING/FREELANCING
STARTER GUIDE TO CONTRACTING/FREELANCING This guide has been developed by the Partners of Forbes Young and is meant to be used as an informative and useful resource for people new to contracting or freelancing
More informationF I N N I N G I N T E R N A T I O N A L I N C. R O I E M P L O Y E E S H A R E P U R C H A S E P L A N
F I N N I N G I N T E R N A T I O N A L I N C. R O I E M P L O Y E E S H A R E P U R C H A S E P L A N CONTENTS WELCOME TO THE FINNING INTERNATIONAL INC. ROI EMPLOYEE SHARE PURCHASE PLAN... 3 BUILDING
More informationwww.contractor-wizard.com INTRODUCTION TO CONTRACTING THROUGH A LIMITED COMPANY
www.contractor-wizard.com INTRODUCTION TO CONTRACTING THROUGH A LIMITED COMPANY INTRODUCTION TO CONTRACTING THROUGH A LIMITED COMPANY This guide aims to cover some of the legal, accounting, taxation and
More informationorbital Payroll Group company overview
orbital Payroll Group company overview 2 Orbital Payroll Group Company Overview WHO WE ARE The Orbital group offers various payroll services covering self-employed and PAYE options for contractors working
More information3. There are four methods of reimbursing official travelling expenditure. These are: -
Office of the Police and Crime Commissioner Travel Allowances and Expenses Policy Introduction 1. The Office of the Police and Crime Commissioner (OPCC) is committed to the principles of equality and diversity.
More informationsalary sacrifice schemes for cars: decision maker s guide
salary sacrifice schemes for cars: decision maker s guide The decision maker s guide Introduction Salary have attracted increased levels of interest from fleets and the media over the past couple of years.
More informationUmbrella Company. Brookson. Here with all the right options. A simple, no-nonsense guide to working as an Umbrella employee.
Not just your everyday accountant Umbrella Company Brookson. Here with all the right options. A simple, no-nonsense guide to working as an Umbrella employee. Not just your everyday accountant Guide Contents.
More informationSole Trader Guide. A complete accountancy service for the small business across the United Kingdom
Sole Trader Guide A complete accountancy service for the small business across the United Kingdom What is a sole trader A sole trader business (being self-employed) is the most simple business type and
More informationQuantic UK s guide to Limited Company tax deductible expenses
Quantic UK s guide to Limited Company tax deductible expenses QUK.06/14-1000/1 Yarmouth House Trident Business Park Daten Avenue Warrington WA3 6BX quanticuk.co.uk info@quanticuk.co.uk T: 033 3323 1199
More informationContracting in Ireland
This guide answers all your questions in relation to contracting in Ireland and overseas. Imelda Prendergast, Partner, OSK Contracting T: 01 439 4206. E: prendergasti@osk.ie Contents 1. Advantages & Disadvantages
More informationTax Guide for Individuals Moving to the UK
Tax administration and allowances The UK taxing authority is known as Her Majesty s Revenue and Customs (or HMRC for short) and the tax year runs from 6 April to the following 5 April. There is no system
More informationThe Highland Council. Travel and Subsistence Allowances. Code of Conduct. For. APT and C Staff
The Highland Council Travel and Subsistence Allowances Code of Conduct For APT and C Staff 2005-07-13 travel and subsistence allowances - code of conduct Printed: 23 January 2012 Amended: 13 May 1997 This
More informationPERSONAL SERVICE COMPANIES. When are you treated as an employee?
PERSONAL SERVICE COMPANIES The personal service company tax avoidance rules prevent you from saving income tax and national insurance contributions (NICs) by interposing a limited company between you and
More informationPNBN ENTERPRISES LTD T/A LAST IRELAND DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
Draft Financial Statements at 09 NOVEMBER 2011 at 12:50:49 Company Registration No. 484831 (Eire) DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD FROM INCORPORATION 25 MAY 2010 TO 31
More informationWith FPS you don't feel like 'just a number', the service is very personal and they really understand our sector.
CORPORATE BROCHURE Introducing FPS Goup...1 Umbrella Company Services...2 Agency Benefits...3 Umbrella... Personalised...4 Technical Information...6 Service Commitment...8 Summary...8 With FPS you don't
More informationEmployment Manual RELOCATION EXPENSES AND DISTURBANCE ALLOWANCES
Employment Manual RELOCATION EXPENSES AND DISTURBANCE ALLOWANCES This document applies to all employees with the exception of Teaching Staff RELOCATION AND DISTURBANCE ALLOWANCE CONTENTS TABLE RELOCATION
More informationPaying your way. Tax issues for the self employed
Paying your way Tax issues for the self employed May 2012 Tax issues for the self employed This is a brief overview of tax issues that affect the self employed. Understanding your tax responsibilities
More informationExpenses guide 2013/2014. Unlimited accountant support and online software
Expenses guide 2013/2014 Unlimited accountant support and online software 033 3311 8000 Expenses guide 2013/2014 Contents: It s no small feat running a company and one that is going to inevitably rack
More informationManaged Service Companies
Managed Service Companies GUIDANCE on Chapter 9, Part 2 and Section 688A, Part 11 Income Tax (Earnings and Pensions) Act 2003 1 Index 1. Introduction 2. Chapter 9 ITEPA: Managed Service Companies 2.1 Meaning
More informationSmall Company Limited. Report and Accounts. 31 December 2007
Registered number 123456 Small Company Limited Report and Accounts 31 December 2007 Report and accounts Contents Page Company information 1 Directors' report 2 Accountants' report 3 Profit and loss account
More information2016/17 TO... GUIDE TO... GUIDE TO WWW.NEWBYCASTLEMAN.CO.UK FOR ELECTRONIC USE ONLY
2015/16 2016/17 GUIDE TO 2016/17 TO... GUIDE TO... Value VALUE Added ADDED TAX Tax WWW.NEWBYCASTLEMAN.CO.UK FOR ELECTRONIC USE ONLY YOUR GUIDE TO Value Added Tax Value Added Tax (VAT) is a tax chargeable
More informationThe UK s original and leading nanny payroll specialist
patient and supremely Friendly, The UK s original and leading nanny payroll specialist Welcome to Nannytax Nanny employers are subject to the same legal obligations as any time and is in any case a considerable
More informationen p irements..mustardpayroll
First class outsourced payroll service offering complete management of your payroll requirements... Mustard payroll Mustard are a well established bureau, offering a professional payroll service. We have
More informationJOB DESCRIPTION. To work flexibly and contribute to continuous improvement of services provided by the Department.
JOB DESCRIPTION Post Title: Employer: Responsible To: HR Advisor [Maternity Cover] Hafod Corporate Services Ltd Head of HR MAIN OBJECTIVES OF THE POST To support the Head of HR in providing a proactive,
More informationSelf-Employment. Guidance Note GN4
Self-Employment Guidance Note GN4 Issued by the Income Tax Division 23 April 2012 PLEASE NOTE: This guidance has no binding force and does not affect your right of appeal on points concerning your liability
More informationYour Guide to STARTING A BUSINESS 2015/16
Your Guide to STARTING A BUSINESS 2015/16 Planning your Business Ward Williams can help you plan your business and provide answers to some of the questions you should consider before preparing a business
More informationAll Employee Share Scheme 2013 offer
Remove this text box and replace with main cover image Dimensions for image: 2.6 in (H) x 10 in (W) DO NOT size/scale disproportionately All Employee Share Scheme 2013 offer Mike Seabrook April 2013 UK
More informationCOLLEAGUE CARS FAQ S. What are the benefits of Colleague Cars? What is included in the package? How much can I save?
What are the benefits of Colleague Cars? What is included in the package? How much can I save? COLLEAGUE CARS FAQ S Can I arrange to test drive a car? What makes and models are available? A brief insight
More informationEXETER COMMUNITY ENERGY LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2015
UNAUDITED FINANCIAL STATEMENTS Registered under the Co-operative and Community Benefit Societies Act 2014 - Registration number 32290R CONTENTS Page Accountants report 2 Profit and loss account 3 Balance
More informationA guide for employees Salary sacrifice and pensions
A guide for employees Salary sacrifice and pensions MPEN15/D 03.15 Did you know that salary sacrifice (also known as salary exchange, SMART Pensions and Smart Pay) can provide you with an opportunity to
More informationBRYDEN JOHNSON PAYROLL SERVICES LIMITED Financial Accounts 2014-03-31
Company Registration No. 579002 (England and Wales) DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS COMPANY INFORMATION Directors N J Johnson G B Bull Secretary Mrs J K W Wilding Company number 579002
More informationFundamentals Level Skills Module, Paper F6 (UK)
Answers Fundamentals Level Skills Module, Paper F6 (UK) Taxation (United Kingdom) June 205 Answers and Marking Scheme Section A A 2 D Output VAT 408 x 20/20 = 68 Input VAT 600 x 20/20 = 00 3 A 6,00 (23,700
More informationCriteria for the payment of Country Money
(A). Criteria for the payment, tax free, of country money to workers in the Construction industry and the Electrical Contracting sector. Practice up to September 2007 1. Introduction The payment of tax-free
More informationA GUIDE TO SALARY SMART FOR EMPLOYERS 25+
A GUIDE TO SALARY SMART FOR EMPLOYERS 25+ Introducing Salary Smart Salary Smart is an arrangement where an employee gives up part of their future earnings or bonus in exchange for a non-cash benefit. As
More informationIntroduction to the UK tax system. A Guide for those working in the UK
Introduction to the UK tax system A Guide for those working in the UK Contents: Overview of the UK tax system Page 3 What dates does the UK tax year run from? What is meant by the United Kingdom (UK) for
More informationFREELANCERS HANDBOOK. Prepared by Beever and Struthers Chartered Accountants and Business Advisors
FREELANCERS HANDBOOK Prepared by Beever and Struthers Chartered Accountants and Business Advisors 2011/2012 Beever and Struthers Chartered Accountants Providing all accounting and taxation services for
More informationUNITED KINGDOM LIMITED LIABILITY PARTNERSHIPS
UNITED KINGDOM LIMITED LIABILITY PARTNERSHIPS Background A United Kingdom Limited Liability Partnership (LLP) has become a very popular vehicle for international commercial activity. This is because the
More informationWith FPS you don't feel like 'just a number', the service is very personal and they really understand our sector.
CORPORATE BROCHURE Introducing FPS Goup...1 Umbrella Company Services...2 Agency Benefits...3 Umbrella... Personalised...4 Technical Information...6 Service Commitment...8 Summary...8 With FPS you don't
More informationHUMAN RESOURCES & FINANCE
HUMAN RESOURCES & FINANCE CORPORATE SERVICES EMPLOYMENT RELATIONSHIP GUIDELINES FOR EMPLOYEES, WORKERS AND SELF-EMPLOYED SERVICES 2 Contents 3 Contents 4 Introduction Definitions of Employment Status 5
More informationthe UK s leading payroll support service for employers of nannies
Payroll + for parents and nannies the UK s leading payroll support service for employers of nannies being a nanny employer In the UK, domestic employers have exactly the same legal obligations as their
More informationpayroll services BUSINESS SERVICES AND ACCOUNTING
payroll services BUSINESS SERVICES AND ACCOUNTING payroll services How effective is the operation of your payroll? Are you up to date on your regulatory requirements? BDO s Payroll Team helps clients negotiate
More informationR Stride & Co. Information Sheet 3 Directors dividends 2014/2015
Due to the change in tax allowances and tax bands care must be taken during 2014/2015 to ensure that directors pay and dividends do not fall outside the bands. Personal Tax allowances The current personal
More informationPayroll Standard. Payroll Standard. At what intervals do you pay people?
Payroll Standard Payroll Standard The Payroll Standard helps employers to identify payroll software products or services with the essential features necessary to calculate PAYE, National Insurance contributions
More informationTax Tips & Tools. 2015/16 Edition. Tax Tips & Tools has been comprehensively updated for the 2015/16 tax year
A comprehensive collection of tax calculators, spreadsheets, checklists and other tax tools Tax Tips & Tools Tax Tips & Tools has been comprehensively updated for the 2015/16 tax year 2015/16 Edition Tax
More informationREPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 FOR THE UK ASSOCIATION OF LETTING AGENTS LIMITED
REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS FOR THE UK ASSOCIATION OF LETTING AGENTS CONTENTS OF THE FINANCIAL STATEMENTS Page Company Information 1 Report of the Directors 2 Chartered Certified Accountant's
More informationPersonal Service Companies and IR35
Personal Service Companies and IR35 Introduction The IR35 rules are intended to prevent the avoidance of tax and National Insurance Contributions (NICs) through the use of personal service companies and
More informationTax Tax Revenue Capital VAT
EXPENSES CLAIMS AND ALLOWANCES There is in accounting terms no limit to what can be paid via a company, however many items will not be allowable for tax or vat purposes. This could mean putting the expenses
More informationWelcome to Our Garden
Welcome to Our Garden Welcome to Eden At Eden we pride ourselves on providing a hassle-free, fully compliant and flexible alternative for contractors not wishing to run their own company. We aim to provide
More informationKEY GUIDE. Drawing profits from a company
KEY GUIDE Drawing profits from a company Constantly changing tax rules When you draw profits from an owner-managed company most people are keen to ensure that they do it in a way that minimises the tax
More informationEmail: payroll@servicesoutsourced.co.uk. Web: www.payrollservicesoutsourced.co.uk
Email: payroll@servicesoutsourced.co.uk Web: www.payrollservicesoutsourced.co.uk Outsourced payroll processing services for small to medium sized businesses throughout the UK Payroll Processing How Does
More informationStarting In Business. Are you sure?
Starting In Business This guide is for whether you have already decided to start a new business, or you are simply considering your first move into self-employment. What do you need to think about before
More informationKEY GUIDE. Drawing profits from a company
KEY GUIDE Drawing profits from a company Constantly changing tax rules When you draw profits from an owner-managed company it is important that you do it in ways that minimise the tax and national insurance
More informationWalker Smith Contractor Accountancy ENABLING THE WORLD S FLEXIBLE WORKFORCE
Walker Smith Contractor Accountancy ENABLING THE WORLD S FLEXIBLE WORKFORCE Contractor specialists Contractors are at the heart of everything we do at Walker Smith and our range of accountancy services
More information21 Tax Saving Tips Tax & Accounts www.hfmtax.co.uk
21 Tax Saving Tips Tax & Accounts www.hfmtax.co.uk Everyone wants to save tax and, although there are complex tax savings schemes available, some tax savings are simple. You just need to take some care
More informationTAX PLANNING FOR LIMITED COMPANY FREELANCERS AND CONTRACTORS
TAX PLANNING FOR LIMITED COMPANY FREELANCERS AND CONTRACTORS 2016/17 E-Book by JF Financial Management Limited Contents Disclaimer... 3 Introduction... 4 Limited companies - an introduction... 5 Corporation
More informationAutomatic enrolment: guidance on certifying money purchase pension schemes
Automatic enrolment: guidance on certifying money purchase pension schemes April 2014 Contents 1. Background...4 1.1 Automatic enrolment: the employer duty...4 2. Purpose of this guidance...5 2.1 Relevant
More informationfree Set yourself ...
Gabem Management Limited Set yourself free......... Work in the way that s best for you while we maximise the amount you take home, keep you compliant with legislation and take the weight off your shoulders.
More informationUsing Payroll in FreeAgent RTI Ready
Using Payroll in FreeAgent RTI Ready Set up employees as users to enable FreeAgent to complete your payroll. RTI stands for Real Time information and it s the new way to report wages, salaries, PAYE and
More informationThe ConocoPhillips Share Incentive Plan EXPLANATORY BOOKLET
The ConocoPhillips Share Incentive Plan EXPLANATORY BOOKLET September 2014 Contents Page 1. Introduction 1 2. Summary of how the Plan works 2 3. Eligibility and joining the Plan 4 4. Shares of Common Stock
More informationBroomfield & Alexander Employment Tax Advisory Services
Broomfield & Alexander Employment Tax Advisory Services Contents Broomfield & Alexander Employment Tax Advisory Services 1 Tax responsibilities for employers Tax mitigation and red tape Specialist help
More information