Local business owners who take on temporary workers over the next few months are being warned not to let paperwork oversights give them the summertime blues. Zahid Khan who runs TaxAssist Accountants in Wakefield said: “Local small businesses will be taking on temporary staff throughout this summer and with seasonal pressure
Tag: National Insurance
Small businesses absorb National Living Wage shock
Commenting on the increase in the National Living Wage (NLW) to £7.50, Mike Cherry, national chairman at the Federation of Small Businesses (FSB), said: “The average FSB employer will pay an extra £2,600 this year as a direct result of Government decisions. This is due to the combined impact of today's
Thirty seven problems – and tax is one, says FSB
The Federation of Small Businesses (FSB) has released a list of 37 challenges facing the self-employed. These include no sick pay, no employer pension contributions, inferior maternity pay and pensions and putting their homes and family’s livelihoods on the line to build their businesses. FSB regional chairman Gordon Millward said: “While setting
Small businesses facing major tax change, warns local specialist
Small business owners across Otley who rely on dividends to pay themselves need to brace themselves for a major tax change, which could have a major impact on their take home pay according to a local specialist. Andrew Thornton who runs TaxAssist Accountants in Otley said that amongst a raft of
Yorkshire businessman makes electoral roll offer after council error
A Yorkshire businessman has offered every local authority in the country to send him their electoral rolls for a free check for duplications. The offer follows a major error by City of Lincoln Council which saw 23 voters issued with duplicate polling cards. Tony Kemp, whose print firm DMP works with complex
Thousands of Yorkshire companies face 31 March tax cut deadline
Thousands of limited companies can make employer pension contributions to reduce their corporation tax and National Insurance, said Richard Foreman, chartered financial planner at NFU Mutual, a specialist provider of insurance, pensions and investments. “More than half a million limited companies in the UK have an accountancy year end before 31
Don’t miss out on tax break for employing young people, specialist urges local businesses
Business owners across Yorkshire are being urged not to miss out on a new tax break from next month, designed to tackle youth unemployment. Will Swift who runs TaxAssist Accountants in Horsforth said: “Any local business owners employing people aged 16 to 21, will not have to pay secondary National Insurance
Don’t miss out on £2K tax break, Otley specialist urges local businesses
Business owners across Otley are being urged not to miss out on a new tax break from next month, which could save them up to £2,000. Andrew Thornton who runs TaxAssist Accountants in Otley said: “Whilst local business owners will be hoping for more good news from the Chancellor’s Budget Briefcase
Deadline looming for HMRC property sales campaign
A Holmfirth based firm of accountants is urging people to be prepared for a review into residential property sales. V&A Bell Brown also warns that the process may be a “bureaucratic nightmare”, and that anyone involved should be prepared for the eventuality of tax miscalculations. The Property Sales Campaign (PRC) will
Chamber supports working families with new childcare scheme
Sheffield Chamber of Commerce is launching a new payment scheme which is designed to assist working families with the cost of childcare. The scheme is provided by Sheffield Information Link, a leading family organisation service with more than 25 years experience in offering expert advice and support. Childcare Payment Solutions, which launched