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.
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
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
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
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Incorporating Value Added Tax (VAT) functionalities to your existing ePROMIS ...ePROMIS Solutions
Value Added Taxation would have an impact on your entire business processes from the point of sales, invoicing, accounting, and reporting. Whether your Enterprise Resource Planning is an in-house system or a globally renowned software, it will need to be enhanced and modified incorporating all aspects of VAT implementation. ePROMIS VAT incorporation program will allow organizations to have tax functionalities in their existing ePROMIS ERP software systems.
As we all know that HMRC tax rules and regulations are very complex and for this purpose, everyone needs advice or guidance of an expert so that you can file your personal tax and self assessment tax return on the given time.
Objective and Agenda:
To understand the procedure of registration under GST in Singapore. The webinar shall dwell upon other aspects like threshold limit for GST registration, due dates for filing return, benefits and limitation of GST etc. Further it would provide insights on penalty for non compliance, audit requirements and GST schemes introduced to help businesses.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Residence Permit in Lithuania. LTIP.EU is a Consultancy Company focus in finding the best solutions for businessmen and investors for legal process and establishment the business in lithuania.
Five Tax Tips on Making Estimated Tax PaymentsAlexaGabriel1
Beginning in 2017, taxpayers using a software product for the first time may need their Adjusted Gross Income (AGI) amount from their prior-year tax return to verify their identity. Log on http://www.etservicesva.com/
Basic guide for contractors and freelancerssajahmed99
Limited company basic principles, important dates, allowable and dis-allowable business expenses for small limited companies, IR35, PAYE, Registering as an employer, what expenses I can put through the company? What expenses I can claim being a director? Should I have a company car or my personal car? What can I claim VAT on if the company is VAT registered? What can I not claim in relation to VAT? Dividends explained
Sometimes the volunteers are overwhelmed with the legal jargon thrown at them, which can be discouraging in setting up their charities.
This presentation covers the different types of legal structures to be used by the trustees of charities.
It also gives a list of reporting requirements to be complied with on an annual basis.
Incorporating Value Added Tax (VAT) functionalities to your existing ePROMIS ...ePROMIS Solutions
Value Added Taxation would have an impact on your entire business processes from the point of sales, invoicing, accounting, and reporting. Whether your Enterprise Resource Planning is an in-house system or a globally renowned software, it will need to be enhanced and modified incorporating all aspects of VAT implementation. ePROMIS VAT incorporation program will allow organizations to have tax functionalities in their existing ePROMIS ERP software systems.
As we all know that HMRC tax rules and regulations are very complex and for this purpose, everyone needs advice or guidance of an expert so that you can file your personal tax and self assessment tax return on the given time.
Objective and Agenda:
To understand the procedure of registration under GST in Singapore. The webinar shall dwell upon other aspects like threshold limit for GST registration, due dates for filing return, benefits and limitation of GST etc. Further it would provide insights on penalty for non compliance, audit requirements and GST schemes introduced to help businesses.
Malaysian Personal Income Tax Guide 2016. This series of guides will provide you an explanation of the basics and set you up on the journey of filing your taxes.
Residence Permit in Lithuania. LTIP.EU is a Consultancy Company focus in finding the best solutions for businessmen and investors for legal process and establishment the business in lithuania.
Five Tax Tips on Making Estimated Tax PaymentsAlexaGabriel1
Beginning in 2017, taxpayers using a software product for the first time may need their Adjusted Gross Income (AGI) amount from their prior-year tax return to verify their identity. Log on http://www.etservicesva.com/
Basic guide for contractors and freelancerssajahmed99
Limited company basic principles, important dates, allowable and dis-allowable business expenses for small limited companies, IR35, PAYE, Registering as an employer, what expenses I can put through the company? What expenses I can claim being a director? Should I have a company car or my personal car? What can I claim VAT on if the company is VAT registered? What can I not claim in relation to VAT? Dividends explained
Sometimes the volunteers are overwhelmed with the legal jargon thrown at them, which can be discouraging in setting up their charities.
This presentation covers the different types of legal structures to be used by the trustees of charities.
It also gives a list of reporting requirements to be complied with on an annual basis.
This paper was written in response to the many inquiries for a good healthcare construction resource list. The data was gathered in 2015 and it must be kept in mind that the joint commission requirements continue to adjust on a regular basis. One consistent fact is that your workers must have their ICRA for construction training if they are working in any healthcare facility.
Yara’s fourth-quarter net income after non-controlling interests was
NOK 1,860 million, compared with NOK 63 million a year earlier.
Excluding net foreign exchange gain/loss and special items, the result
was NOK 2,253 million, compared with NOK 776 million in fourth
quarter 2013. The corresponding earnings per share were NOK 8.17
compared with NOK 2.80 a year earlier.
“Yara reports strong fourth-quarter results with improved margins,
lower natural gas cost in Europe and a stronger US dollar,” said Torgeir
Kvidal, acting Chief Executive Officer of Yara.
“Our Brazilian activities continue to perform well, with both higher volumes
and margins. We are also ahead of plan with synergy capture from the Bunge
acquisition, with USD 55 million realized in 2014 ,” said Torgeir Kvidal.
The global farm margin outlook and incentives for fertilizer application
remain supportive overall. With attention turning to the need for another
record crop in 2015, the cereal price index increased during the fourth
quarter ending 3% higher than a quarter ago. Furthermore, the recent
strengthening of the US dollar has improved the competiveness of farmers
in key producing regions like Europe and Brazil.
Global nitrogen demand remained strong during the fourth quarter and
season to date deliveries are higher than the previous season both in
Europe and the US. However, following a late 2014 application, a larger
than usual share of third quarter US deliveries has already been consumed
and market coverage in Europe is considered normal.
Demand for value-added fertilizers like nitrates and compound NPKs
remains strong, particularly in cash crop sectors where prices have
developed more positively than grains.
A substantial proportion of nitrogen capacity in Ukraine and other key
export locations remains curtailed, increasing the need for Chinese
urea exports, which reached a record 14 million tons in 2014. Planned
capacity additions outside China over the next years are unlikely to fully
displace Chinese urea exports, indicating that the latter will be key to
global nitrogen pricing also going forward. Given the significant Chinese
curtailments in place today, current export prices for prilled urea fob
China (USD 285-290 per ton) are believed to be close to break-even
for swing producers. Going forward, global commodity nitrogen prices
are therefore likely to be set by the cost of high-quality anthracite coal
in China, export tariffs and the RMB-USD exchange rate. The anthracite
coal price has so far not been negatively affected by the drop in global oil
and gas prices, and the Chinese currency has strengthened in parallel with
the US dollar.
A weaker euro and lower gas prices have improved the relative
competitiveness of European fertilizer capacity, and Yara enters the first
quarter with a strong European order book.
Growth in Latin America remains a key on-going focus area for Yara.
The acquisitions of OFD and Galvani were
This presentation summarises the rules governing Inheritance Tax in the UK. It covers a description of the exemptions and reliefs, together with examples to illustrate practical implication.
This is a free guide to help you complete your own tax return 2014.
It has an example of a completed tax return.
Published by Smartfield Accountants in Leicester.
Introduction to calcium nitrate in concreting - Yara NitCalYara International
For more information please visit: http://yara.co.uk/chemicals/speciality-chemicals/concrete-accelerator-admixture/
Concrete and Calcium NitrateAn Introduction to Performance Concreting
Presentation Summary
What is Concrete? A fundamental material to modern life
What is Calcium Nitrate? A useful molecule
What is NitCal™? A Multifunctional Concrete Admixture
What is Concrete?
Concrete
The largest unreinforced concrete dome in the world
Reinforced concrete is at the basis of modern urban life
Reinforced concrete continues to be used to create the world’s most impressive structures
Calcium Nitrate
Calcium Nitrate was the first synthetic nitrogen fertilizer compound manufactured
Yara – the Global Leader in Nitrates
Founded in 1905, over a century of nitrogen chemistry expertise
Production Scale:
Global No.1 in Calcium Nitrate production
Global No.1 in Nitrates production (several grades)
Global No.1 in NPK fertilizers production
Research: Continuous nitrogen chemistry R&D at our centers in Norway and Germany
Headquartered in Oslo, Norway
What is NitCal™?
What is NitCal?
Yara’s NitCal provides calcium nitrate for concrete admixtures
NitCal supports concrete chemistry
calcium is beneficial for the essential reactions
nitrate is easily integrated into the cement’s crystal matrix
From Cement to Concrete
How does NitCal work?
NitCal significantly reduces setting time across a wide temperature range
NitCal increases long-term strength significantly unlike sodium nitrate by formation of additional calcium silicate hydrates
NitCal provides calcium nitrate in an easy to handle and environmentally friendly format
NitCal is chloride free according to industry standards
Cement Hydration
The Multifunctional Concrete Admixture
Indicative Applications and Dosing Rates
Where is NitCal available?
NitCal is available globally and quickly due to Yara’s unique distribution network
NitCal production is ISO certified and its principal source is the Yara plant located in Porsgrunn, Norway
Yara has a solid global presence
What NitCal is NOT?
NitCal is NOT a CE marked admixture and Yara not consumer product producer
NitCal is NOT a hardening accelerator (unwanted overheating is therefore minimized)
NitCal is NOT an activator for granulated slag
Vance Crawley, Business Advisor, HMRC.
Vance talks about registering as self employed in order to sell, the advantages of doing this, and how the process works.
April 6th 2013 PAYE in the UK is undergoing its most fundemental change since its inception in the 1940's. Please see our fact shet for more information
For more information visit https://www.thesaurus.ie or https://www.brightpay.co.uk
PAYE Modernisation will change how payroll information is reported to Revenue. Every time employees are paid, a file will need to be submitted (electronically) to Revenue, consisting of all details of employee payments, deductions and leaver information. The contents will be somewhat similar to the current annual P35, but this file will be submitted every pay period (weekly, monthly, fortnightly, etc.).
Getting ready for PAYE Modernisation
This CPD webinar has been designed to uncover the ins and outs of what PAYE Modernisation means for your payroll bureau and your clients.
Agenda
An overview of PAYE Modernisation
Elimination of the P forms - P30, P60 P35, P46 and P45 forms
Recent updates and changes to PAYE Modernisation
How payroll software will handle real time processing
Making corrections in real time
Can PAYE Modernisation be processed manually?
Bureau payroll practises and how best to handle the new system
Communicating the new system to your clients
Updating your letters of engagement
The impact of PAYE Modernisation on employees
Revenue Presentation
The Panel
Main presenter: Paul Byrne
Guest presenter: Sinead Sweeney
Guest presenter: Sandra Clarke
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.
Plymouth - 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.
Almost one year after the introduction of PAYE Modernisation, Paul Byrne looks back at the story so far and decides whether or not PAYE Modernisation has been a success. In the webinar, Paul also reviews some of the most common mistakes employers have made to date and what employers should expect in 2020. As part of this webinar, we take a closer look at BrightPay Connect and how important it is to backup your payroll data for PAYE Modernisation, including a whistle stop tour revealing the hidden benefits of how BrightPay Connect’s cloud platforms are supercharging the payroll bureau service offering.
For more information visit brightpay.ie or thesaurus.ie
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
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.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
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.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
5. Education
Qualification Centre
CTA (Chartered Tax Adviser) BPP Birmingham
ACCA (Association of Chartered Certified Accountants) De Montfort Uni
ATT (Association of Tax Technicians) FTC Birmingham
C & G 7407 Teacher Training Leicester College
AAT (Association of Accounting Technicians) Leicester College
BTEC National Diploma in Computing Leicester College
6. Employment
Smartfield Limited Tax Manager
Abbey Tax Plc Tax Consultant
Smith Hannah Ltd Head of Personal Tax
Leicester College Tax Lecturer
10. Who needs to register PAYE Scheme?
Anyone who employs staff. It includes:
- Self Employed Individuals
- Ltd Co
- Partnerships
- Trust
11. Who does NOT need to register for a PAYE Scheme?
Anyone who employs staff. But:
- pays them below the National Insurance
Lower Earnings Limit (2015: £111 p/wk, 2014: £109 p/wk)
- all employees do not have another job
- none of the employees are receiving a state,
company or private pension
- no employee benefits are provided
http://hmrc.gov.uk/paye/intro/register.htm#1
http://www.hmrc.gov.uk/manuals/pommanual/PAYE20135.htm
16. Normal PAYE Scheme:
Monthly Payment
Pay by 19th of the following month.
If paying electronically then pay by
22nd
17. Normal PAYE Scheme:
Quarterly Payment
If the combined National Insurance
contributions and PAYE payments for
your employees and sub-contractors
averages less than £1,500 a month,
then Quarterly Payment Scheme can
be setup.
18. Normal PAYE Scheme:
Yearly Payment
If all payments on which tax and NICs are
due are paid to your employees annually
in a single tax month, you can ask HMRC
to be treated as an 'annual payer'. You
must use the same month every year, so if
this changes or you start paying your
employees more frequently, you will need
to tell HMRC.
19. Where to send payments
HM Revenue & Customs
Bradford
BD98 1YY
28. £2,000 Discount!
The Employment Allowance is available
from 6 April 2014. If you are eligible you
can reduce your employer Class 1 NICs
by up to £2,000 each tax year.
https://www.gov.uk/employment-allowance-up-to-2000-off-your-class-1-nics
38. Full Payment Submission (FPS)
Why?
To let HMRC know who were paid and how much.
When?
By 19th of month following deduction even if paying
by 22nd, replacements can be sent
How?
Basic PAYE Tool or 3rd Party Software.
39. Employer Payment Summary (EPS)
Why? To reclaim statutory payment compensation YTD or CIS suffered
When? By 19th of month following deduction even if paying by 22nd,
replacements can be sent
How? Basic PAYE Tool or 3rd Party Software.
What else?
– To submit nil return or period of inactivity
– Even 1/4ly or annual payers must do monthly EPS saying ‘nil payment’?
– To submit return for year
40. Employer Payment Summary (EPS)
Extra details needed on Final EPS:
- Ceased Indicator
- Date scheme ceased
- Final Submission for Year
- Free of Tax Payments to employees
- Expenses and Benefits paid to employees
- Employees Out of UK
- Employees Pay to Third Party
- Forms P11D and P11D(b) are due?
- Service Company
http://www.hmrc.gov.uk/payerti/reporting/what-to-report.htm#9
41. Penalties under RTI
<50 Employees 6 March 2015
>50 Employees 6 October 2014
http://www.hmrc.gov.uk/payerti/reporting/late-reporting.htm#3
42. Penalties under RTI
No penalty will arise for the first month in each tax year where there is a
filing default. This means there are a maximum number of 11 fixed
penalties per tax year that can be charged for filing failures.
Number of
employees
Amount of the
monthly filing
penalty per PAYE
scheme
1 to 9 £100
10 to 49 £200
50 to 249 £300
250 or more £400
44. Penalty for late submission of
Final EPS
£100 per 50 employees for each month or
part month you delay filing your return
after 19 May.
http://www.hmrc.gov.uk/paye/problems-inspections/annual-return-late.htm
48. Solution to Avoid Common Mistakes
1. PAYE Office Reference Number used in place of PAYE Reference
Number;
2. P14 form template used instead of P60 to hand out to employees;
3. Hand out the correct P60 to the correct employee. Mistakes
happen when two employees have the same initial and surname;
4. Enter the correct National Insurance Numbers for all the
employees, otherwise the State Pension benefit will not accrue;
5. Ask the employee to confirm his/her current address, to ensure
the address on the P60 is correct. If P60 is to be posted out to the
employee then it will reach the correct address.
49. Tax Table
Tax Year
14/15
£
Tax Year
13/14
£
Income Tax
Tax free income
Personal allowance 10,000 9,440
Rate
Basic rate: 20% 0 – 31,865 0 – 32,010
Higher rate: 40% 31,866 – 150,000 32,010 – 150,000
Additional rate: 45% Over 150,000 Over 150,000
http://www.hmrc.gov.uk/rates/it.htm
54. Group Discussion
3 Problems that you face when
operating the payroll and how
you overcome them.
55. Copy of slides
SlideShare.Net
Search term: “Payroll RTI Leicester”
Please do not send me e-mail after the event to request copies
because I do many of these event and it is hard to deal with
individual requests after the event.