Top Tax Tip
If you run company or a partnership and sell your personal services, knowledge or skills, have you taken appropriate steps to ensure that the IR35 rules won't cost you a fortune in additional tax?
Tip: From 6th April 2007, PAYE and National Insurance Contributions will be applied to all payments made to individuals by Managed Service Companies.
If you need any help regarding this, please click here or ring us on 0800 612 2008
If you would like more Tax Tips, why not download our specially designed Tax Kits?
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Free Useful Business Forms
| We have a new resource on our website, where you can get all the forms you need for dealing with the Taxman and Inland Revenue.
To have a look, click here.
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Joke of the Week
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Q: Why are they putting all the Accountants at the bottom of the ocean?
A: They found out that deep down we're really not so bad.
We want you to be a part of your Newsletter, so please send us your jokes!
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Quote Of The Week
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Whenever you find yourself on the side of the
majority, it is time to pause and reflect.
Mark
Twain
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If you found this information valuable, please forward this email onto a friend or colleague.
If you were forwarded this email, you can subscribe here
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Greetings!
Firstly, congratulations to Jason Rudland, from Get Me In Google, who won the last BrainTeaser; the answer was a 50 cent piece and a nickel.
And now for your Newsletter!
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A
butcher has a 36 inch waist and he's 5 feet tall. What does he
weigh?
Click here to email us the answer!
This week's BrainTeaser is sponsored by Dennis Hardy from Country Produce!
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New National Minimum Wage Rates
The new national minimum wage rates will be coming into
effect in October 2010.
There is also a new rule affecting 21 year-olds.
As of 1st October, employees will no longer have
to be aged 22 to become eligible for the top hourly minimum wage rate.
To read the rest of this post, click here
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Client Spotlight - Country Produce
Master Butcher Denis Hardy and his team are as passionate
about the quality of their meat as the service they provide.
"People come to us as much for advice as they do our
meat" Dennis comments, "whether you want a single chop or a full side
of beef we're happy to spend time with you to make sure you bu y exactly what
you need".
Established in 1962, Country Produce is now a familiar
landmark in Horsham's historic Carfax playing the backdrop to markets, fairs
and special events in the town.
Country Produce are the centre of Horsham's community and
are members of the Traders Association and active supporters of Horsham in
Bloom.
Eating local produce is a great privilege. In today's modern
world we need to support our local providers. That is why we sell English
Southdown Lamb and succulent pork from Faygate and we rear our own pigs at
Marlpost.
All our home made sausages are made on the premises with our
own pork. There are no artificial preservatives or colours added to give each
sausage a traditional and perfect taste.
On top of that is our Aberdeen angus beef which is available
in any cut and size to order.
At our delicatessen we bring you a range of not just the
daily foods you'd expect to find but also an amazing array of interesting
delicacies hand picked for quality and exquisite taste.
Why not try our home cooked English ham available smoked or
unsmoked off the bone. Or maybe you'd prefer one of our mouth-watering home
cooked pies?
Choose from:
Our deli counter is positively bursting with taste
sensations - we have an extensive and ever changing cheese counter and a range
of interesting and often unusual foods that will set your tastebuds tingling.
Did we mention that we make our own chutney?
To learn more about us, please visit our website, or give us
a call!
Website: www.country-produce.co.uk
Email: dennis@country-prouce.co.uk
Phone: 01403 274136
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Businesses 'paying more' to borrow than last
year
Bank fees and costs for small and medium-sized
enterprises (SMEs) have risen since the end of last year.
The Institute of Chartered Accountants in England and Wales
(ICAEW) says many small businesses are unable to borrow from banks,
because their lending criteria are too restrictive.
Banks say demand has fallen as firms focus on paying back
existing loans.
A separate report shows commercial lending is still sharply
lower than at the height of the boom.
The annual survey from the National Association of Commercial
Finance Brokers (NACFB) reveals that in the mid-2000s, nearly £20bn was
being borrowed, but this went down to under £7bn and is now just over
that.
To read the full article, click here
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 There have been a multitude of recent changes to the VAT system,
including buying insurance and the treatment of holiday homes.
HMRC have also said that businesses may find it quicker to amend any
mistakes on their VAT returns themselves, rather than wait for the tax
authorities to do so.
Clarification of VAT rules on buying insurance
The Court of Appeal decision on 22 April 2010 in Insurancewide.com
Services Ltd and Trader Media Group Ltd, both of which provided a
similar form of internet 'click through' service; directing site users
to insurance suppliers and brokers, has resulted in changes to and
clarification of what constitutes exempt introductory services in
connection with a supply of insurance.
Critically, the court decided that it was not necessary for there to
be intermediation of the insurance contracts, and the click through
services were exempt because they involved much more than just that.
For example, the click through services provided a means of access to
insurers who could offer a range of relevant products, and those who
'clicked through' were looking for insurance, and they appraises and
selected insurers according to the competitiveness of their pricing and
products and their level of customer service.
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Networking with a
difference! On Thursday the 14th October, from around 8am until 11am, Keepers Accountancy would
like to invite you for a morning dedicated to achieving more business for ALL local
businesses. In conjunction with WPA
Healthcare and Mid Sussex Golf Club there will be a morning of speakers that
will help you help yourself to make more profits; through marketing and sales
with an intro to social media and much, much more. Click here to register your interestTHIS IS A LIMITED-TIME
OFFER; when places are gone, they are gone.
WILL IT COST ME ANYTHING?Other than a charge for breakfast of £10, it is a not for profit event and
everything else is FREE, Including a session with the golf pro Neil and his
inflatable practice area, there is even discounted golf on the day (Tee times
permitting) Click here to register your interest. Would you like to make
more sales? Would you like to do more
business?  How about some
golf? What about some
structured networking? Not to mention the
breakfast? Why not register your
interest to find out more? BRING YOUR LITERATURE,
BRING YOUR BUSINESS CARDS, BRING YOURSELF, YOUR COLLEAGUES AND A SMILE!
Please click here if you would like to register your interest in this event, and we will keep you up to date with the latest developments. |
If you are interested in sponsoring our BrainTeaser, click here to learn more about the benefits of doing so, and how it works.
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Thanks for reading. You can find us on our website, Facebook, Twitter or
LinkedIn; just click the relevant link at the top of the Newsletter.
Ben
& Chris
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