Do you receive or pay your staff expenses or benefits in the year to employees or directors?
Then by law, you need to complete and submit a P11d form to HMRC for each employee that has received the benefits and a P11d(b) to summarise the class 1A NIC due.
Find out more in our P11D beginners guide.
For more information about our payroll and tax services, visit the Cardens Accountants and Business Advisors website.
this is very good and easy to understand the basic things about electronic mail or simply e-mail. You can see the definition of e-mail, features and format of e-mail, email address and mail user agent and its sources.
How to Submit P11D Form in the UK: Easy GuideGoForma
Navigating through the intricacies of business taxation in the UK can be a daunting task, especially when it comes to submitting essential forms like P11D. In this comprehensive guide, we’ll break down the process of submitting P11D and P11D(b) in clear, easy-to-understand steps. Whether you’re an experienced business owner or just starting, this guide aims to simplify the submission process, ensuring you stay compliant with HMRC.
this is very good and easy to understand the basic things about electronic mail or simply e-mail. You can see the definition of e-mail, features and format of e-mail, email address and mail user agent and its sources.
How to Submit P11D Form in the UK: Easy GuideGoForma
Navigating through the intricacies of business taxation in the UK can be a daunting task, especially when it comes to submitting essential forms like P11D. In this comprehensive guide, we’ll break down the process of submitting P11D and P11D(b) in clear, easy-to-understand steps. Whether you’re an experienced business owner or just starting, this guide aims to simplify the submission process, ensuring you stay compliant with HMRC.
Payroll seminar covering the most talked about legal requirement of RTI (real time information) reporting to HMRC. Delivered by Zee Shan of Smartfield Accountants in Leicester.
Form 16 (or salary certificate in layman’s language) is a certificate issued by an employer to all his employees for a particular financial year at the end of the said year reflecting the total salary paid and amount of tax deducted (‘TDS’). For every salaried employee, TDS form (Form 16) is of utmost importance from income-tax point of view as it forms the base of his / her income-tax return. For more details visit us at www.taxfreemart.in
Self-Assessment is the system that was created by HM Revenue & Customs (HMRC) to ensure the correct amount of tax is collected for a tax year. You should therefore check each year whether you need to submit a self-assessment tax return.
Payroll Webinar: Form 941 for 2020: What you Need to KnowAscentis
This webinar covers the IRS Form 941 and its accompanying Form Schedule B for 2020. It discusses what is new for the form in 2020 and covers the requirements for completing each form line by line. It includes the filing requirements and tips on reconciling and balancing the two forms.
Form 941 is the link between your payroll records and the IRS tax records. Proper administration of this vital form is critical if you want to avoid IRS Notices and the penalties and interest that accompany them. The Schedule B is also a crucial form for many employers. The IRS demands that the Form 941 and the Schedule B match to the penny…every single time…without fail!
It has always been a requirement that the Forms 941 be reconciled with the Forms W-2 prior to submitting each form. If the employer fails in this reconciliation, the IRS and Social Security Administration can both assess penalties! This reconciliation has become even more critical these past few years.
Title: Payroll Seminar
How to register;
RTI (Real Time Information);
Record keeping and reporting requirements;
Mistakes to avoid;
Penalty regime;
CIS refunds.
Summary:
In this seminar you will learn the basic skills to enable you to deal with the payroll and CIS yourself. It will also enhance your understanding of the RTI (Real Time Information) initiative and the penalty regime. Case studies will be completed in groups for better understanding of the practical application of the knowledge learned.
To be delivered by:
Zee Shan Bawany – Regional Tax Adviser – Smartfield Accountants
Bournemouth - Essential 6-monthly Finance Directors' Update - June 2019PKF Francis Clark
Our six monthly finance seminars provide a high level overview of issues affecting Finance Directors and business owners across key areas such as tax, VAT, financial reporting, corporate finance and financial planning. In this round we will also take a look at two additional areas of risk; director failing and cyber security, both of which good governance can mitigate against. This session has been designed to go back to basics, providing hints and tips and key updates to help you to navigate the many complex issues facing directors.
No matter what field you are in, taxes may not make your business but they can certainly break your business if not handled properly. Get the latest tax tips from Felix Cheng, CPA for managing your small business.
Are directors liable for their dissolved company's unpaid bills?Laura Comben
Previously directors of a dissolved company could not be held to account unless that company was first restored to the Companies House register which needs to be done through the courts.
Now, directors of dissolved companies can now be investigated without having to restore the companies to the register first.
If you're a company director or business owner and would like more advice about changing responsibilities issued by HMRC, talk to our team at info@cardens4u.co.uk
Dext Commerce Guide for E-Commerce businesses Laura Comben
If you are a user of Dext Prepare, you will already be familiar with Dext’s smart automation tools and real-time accurate data to process all your purchase invoices and receipts. Now you can do the same with your sales data in Dext Commerce.
Our guide outlines the basics of Dext Commerce, including integration and benefits: cost effectiveness, fewer errors, data consistency and more.
To discuss Cardens Accountants' Dext services contact us at info@cardens4u.co.uk
Payroll seminar covering the most talked about legal requirement of RTI (real time information) reporting to HMRC. Delivered by Zee Shan of Smartfield Accountants in Leicester.
Form 16 (or salary certificate in layman’s language) is a certificate issued by an employer to all his employees for a particular financial year at the end of the said year reflecting the total salary paid and amount of tax deducted (‘TDS’). For every salaried employee, TDS form (Form 16) is of utmost importance from income-tax point of view as it forms the base of his / her income-tax return. For more details visit us at www.taxfreemart.in
Self-Assessment is the system that was created by HM Revenue & Customs (HMRC) to ensure the correct amount of tax is collected for a tax year. You should therefore check each year whether you need to submit a self-assessment tax return.
Payroll Webinar: Form 941 for 2020: What you Need to KnowAscentis
This webinar covers the IRS Form 941 and its accompanying Form Schedule B for 2020. It discusses what is new for the form in 2020 and covers the requirements for completing each form line by line. It includes the filing requirements and tips on reconciling and balancing the two forms.
Form 941 is the link between your payroll records and the IRS tax records. Proper administration of this vital form is critical if you want to avoid IRS Notices and the penalties and interest that accompany them. The Schedule B is also a crucial form for many employers. The IRS demands that the Form 941 and the Schedule B match to the penny…every single time…without fail!
It has always been a requirement that the Forms 941 be reconciled with the Forms W-2 prior to submitting each form. If the employer fails in this reconciliation, the IRS and Social Security Administration can both assess penalties! This reconciliation has become even more critical these past few years.
Title: Payroll Seminar
How to register;
RTI (Real Time Information);
Record keeping and reporting requirements;
Mistakes to avoid;
Penalty regime;
CIS refunds.
Summary:
In this seminar you will learn the basic skills to enable you to deal with the payroll and CIS yourself. It will also enhance your understanding of the RTI (Real Time Information) initiative and the penalty regime. Case studies will be completed in groups for better understanding of the practical application of the knowledge learned.
To be delivered by:
Zee Shan Bawany – Regional Tax Adviser – Smartfield Accountants
Bournemouth - Essential 6-monthly Finance Directors' Update - June 2019PKF Francis Clark
Our six monthly finance seminars provide a high level overview of issues affecting Finance Directors and business owners across key areas such as tax, VAT, financial reporting, corporate finance and financial planning. In this round we will also take a look at two additional areas of risk; director failing and cyber security, both of which good governance can mitigate against. This session has been designed to go back to basics, providing hints and tips and key updates to help you to navigate the many complex issues facing directors.
No matter what field you are in, taxes may not make your business but they can certainly break your business if not handled properly. Get the latest tax tips from Felix Cheng, CPA for managing your small business.
Are directors liable for their dissolved company's unpaid bills?Laura Comben
Previously directors of a dissolved company could not be held to account unless that company was first restored to the Companies House register which needs to be done through the courts.
Now, directors of dissolved companies can now be investigated without having to restore the companies to the register first.
If you're a company director or business owner and would like more advice about changing responsibilities issued by HMRC, talk to our team at info@cardens4u.co.uk
Dext Commerce Guide for E-Commerce businesses Laura Comben
If you are a user of Dext Prepare, you will already be familiar with Dext’s smart automation tools and real-time accurate data to process all your purchase invoices and receipts. Now you can do the same with your sales data in Dext Commerce.
Our guide outlines the basics of Dext Commerce, including integration and benefits: cost effectiveness, fewer errors, data consistency and more.
To discuss Cardens Accountants' Dext services contact us at info@cardens4u.co.uk
10 Useful Accounting Terms & What They MeanLaura Comben
You’ve heard most of them a few times, and maybe now you have got to the point where you don’t think you can ask. So to save any blushes, below are 10 ten common accounting terms and what they mean.
Still confused?
Don’t worry, count on Cardens’ jargon-free service. Get in touch at info@cardens4u.co.uk for more information
Switching Accountants: What are you waiting for?Laura Comben
Switching accountants can be tricky, and in busy times it’s easier to avoid disruptions and keep your head down. But, could indecision be holding your business back from its full potential?
A relationship with your accountant can really be what you make it. Simple, compliance based, and a quick catch up at year end. Or a partnership: driving your business forward with ideas, discussions and planning. Or, anywhere in between.
Reasons to switch:
You’re disappointed and left wanting from your accountant
You miss opportunities
Perhaps you’re overpaying tax
You’re just not seeing the progression you were hoping for.
People think that switching involves:
Stress
Upheaval
Costs
Let’s dispel all the myths:
Much like many switching services, accountants deal with it for you.
Once you decide to switch:
You let your accountant know that it’s time for a change. ‘No hard feelings, all the best!’
What happens when you switch to Cardens Accountants?
- We get to work preparing your proposal. You get an email so can read through what we will do for you, broken down clearly with costs explained
- You accept and switch
- You take a picture of your photo ID, set up your preferred payment method and give us some handy extra details
- We log that info your client record
- We introduce ourselves to your previous accountant. There is some information we will need transferred across. We get this directly from them
- We also contact HMRC and Companies House if needed and update any addresses or contact details if required
- We agree a date at which we will take over as your advisors. Ready to go!
Find out more: info@cardens4u.co.uk
National Payroll Week: Payroll Q&A for your first jobLaura Comben
As part of National Payroll Week 2021 #NPW21, our Payroll Manager Angie has put together a useful Q&A to help UK workers in their first employment role.
Want to find out how Cardens can help your business navigate payroll? Contact Cardens at info@cardens4u.co.uk
Xero’s latest product webinar brought us many new features & updates, and here at Cardens we want to share our key takeaways.
As always, we are here at Cardens to answer your questions; as a Xero Platinum Partner, you will be in safe hands knowing that we have the experience and knowledge to help you get the most from Xero.
If you would like to know more, contact us at xero@cardens4u.co.uk
Cardens Accountants Covid19 client handout Laura Comben
We are all feeling the impacts of Covid-19 in both our businesses and in our daily lives. Over the past week the government have been reacting to Covid-19 by introducing several reliefs and support for your businesses to help negate this extremely challenging and unprecedented time in our lives. To help, we have taken the time to list these reliefs and more importantly when and where you can access them.
https://cardensaccountants.com/
Budget 2020 summary for workers and businessLaura Comben
#CountOnCardens
https://cardensaccountants.com/
Budget 2020 was packed with reliefs, funds and initiatives for business and workers but no ‘revolutions’ in the world of #VAT, Paye, income tax NI and corporation tax.
Contents:
Intro
Fiscal Projection
Protections for workers
Business measures
Private sector
Pay
Personal benefits
VAT
Research & Development
Drinks industry
Fuel
Summary
A-Z Guide of Business Expenses You Can Claim Laura Comben
A UK study in 2018 revealed that £962m worth of expenses are unclaimed every year. With more of us working at home or going it alone in business, it's crucial that you know the many business expenses that you can claim.
Take a look or download our A-Z guide to business expenses to start saving today.
10 Steps to a Successful Email Marketing CampaignLaura Comben
In this white paper, we examine how every business can create more powerful email marketing campaigns.
By the end of this white paper you’ll know how to:
Define your goals
Increase open rates and engagement
Create winning subject lines and copy
The Importance of testing
Expand your social circle
Use reporting to improve future sends
Integrate your software.
http://cobb.agency/digital
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Discover the innovative and creative projects that highlight my journey throu...
A Beginners Guide to P11d Forms
1. A Beginners Guide to
P11d Forms
It’s that time of year again: submit your forms by 6th July!
2. The importance of P11D forms
Do you receive or pay your staff expenses or benefits in the year to employees
or directors?
Then by law, you need to complete and submit a P11d form to HMRC for each
employee that has received the benefits and a P11d(b) to summarise the class
1A NIC due.
3. P11d Forms are to be submitted by 6th July
for each employee
In the form you will need to enter the total value of any expenses, facilities and
benefits that have been paid during the year to employees, or their family or
household.
The most common examples include:
Reimbursed expenses
Employment benefits – Gym Memberships/health insurance etc.
Business entertainment expenses
Car and fuel benefits
Directors beneficial loan
Some of these benefits will result in a Class 1A NIC charge to the company, if there is
any Class 1A NIC to be paid this needs to be paid by July 19th (or 22nd for cleared
electronic payment).
4. What you need to include
Details that must be included on each P11d:
your employer reference
your employee’s name
your employee’s National Insurance number or date of birth and gender
the list price for a company car if you’re reporting one
if you complete the ‘total cash equivalent of car fuel provided’, also complete the ‘total cash
equivalent of cars provided’
if you provide a beneficial loan to an employee you’re reporting, also complete ‘cash equivalent
of loans’
5. What is a P11d(b)?
A P11d (b) is a summary of your P11ds, showing the total of Class 1A NIC due to
HMRC from your company. If you have one or more P11d to submit you are also
required to submit a P11d(b).
4 Steps for your P11d (b)
1. Enter the total value of expenses and benefits provided during the year
2. Adjust this total for expenses and benefits for which Class 1A NIC is not due
3. Calculate your Class 1A NIC
4. Complete declaration on P11d(b)
6. Can I remove the need to submit a P11d?
If you are declaring certain benefits on a P11d for which no class 1A NIC is due
it is possible to apply for a Dispensation – removing the need to report
business expenses and benefits. Once in place, the dispensation will only cover
the expenses and benefits applied for on the dispensation application, there will
then be no need to complete a P11d/P11d (b) for the expenses covered by the
dispensation.
You will need to refer to the HMRC website to confirm that your expenses can
be covered by a
dispensation. http://www.hmrc.gov.uk/payerti/exb/schemes/dispensation.htm#
2
7. When do I not need a form?
If there have been no expense payments or benefits to an individual unless you
have informed HMRC that a P11d is due via PAYE, in which case you need to
submit a nil return.
If your business receives a letter from HMRC for P11D for 2020/21 Tax Year please
do not ignore it. HMRC will expect a submission even if this is a NIL return.
8. Deadlines and Penalties
The filing deadline for the P11d(b) form is 6th July.
If HMRC does not receive the return by 19th July a penalty will be incurred.
Penalties will accrue for each month (or part month) that a return remains
outstanding.
Penalties will be calculated at £100 per 50 employees for each month/part month.
You will initially receive reminders from HMRC that your P11d is overdue when it
has not been received by 19 July – after this you will only receive a penalty
notification when your return is 4 months overdue and you would have already
incurred a minimum of £400 penalties so it is important to get your returns
submitted by 19 July at the very latest!
9. Count on Cardens
Count on Cardens to keep you up to date with payroll and tax deadlines throughout the
year.
Beyond the payroll compliance service, we offer comprehensive advice on all
employment tax issues including...
• Tax efficient remuneration strategies
• Planning for retirement
• Termination payments
• Inducement payments
• Company car and van strategies
• Benefits planning
Contact us at info@cardens4u.co.uk