Umar Memon
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Pension ‘top up’ introduced
From 12 October 2015, eligible individuals will be able to begin topping up their state pension by up to £25 per week. The lump sum payments, known as ‘class 3A voluntary contributions’, can be made up until 5 April 2017… Read more Pension ‘top up’ introduced
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European Court ruling on travelling to work draws criticism
Certain types of work-related travel for workers without a fixed office should be regarded as working time, a ruling by the European Court of Justice (ECJ) has stated. In a case brought against the Spanish company Tyco, the ECJ had… Read more European Court ruling on travelling to work draws criticism
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Spreadsheet errors marked as major business risk
As business accounting becomes increasingly reliant on technology, errors in spreadsheets could pose a threat to the financial stability of many companies, according to the Institute of Chartered Accountants in England and Wales (ICAEW). A report reveals that half of… Read more Spreadsheet errors marked as major business risk
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Minimum wage increases
The adult rate of the national minimum wage (NMW) is set to rise by 20p to £6.70 on 1 October 2015. As well as the change to adult rate: the apprentice rate increases by 57p to £3.30 the rate for… Read more Minimum wage increases
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Running a payroll
This guide looks at some of the common payroll problems and choosing payroll software. Running payroll is one of the less glamorous aspects of being an employer. However, it is often the mundane tasks that are the most crucial. Failing… Read more Running a payroll
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Rewarding your staff
This article outlines some of the different ways employers can reward their staff and the tax implications of each approach. Seemingly as quickly as it came, another year is galloping off into the distance and people’s minds are beginning to… Read more Rewarding your staff
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Jacrox: The biggest increase since 1948
It’s been twelve months since we launched our new online cloud accounting brand, JacRox which is powered by Xero cloud accounting software. We had very high hopes for JacRox, and we have been overwhelmed by its success. We now act… Read more Jacrox: The biggest increase since 1948
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Pension scams put savings at risk
Over-55s are the targets of repeated cold-calling and email scams offering fake pension opportunities. 5 months after the introduction of the new pension freedoms, 40% of Citizens Advice pension staff have come into contact with people affected by pension scams.… Read more Pension scams put savings at risk
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Consumer ombudsman to change complaints process
Ombudsman Services is launching a new service that will accept all consumer complaints. The newly created consumer ombudsman will be able to receive complaints relating to the conduct of sectors that don’t have a current ombudsman. This includes retail, home… Read more Consumer ombudsman to change complaints process
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Digital account timeline overview
HMRC has revealed how it plans to introduce digital tax accounts over the course of the 2015/16 tax year. First announced in Budget 2015, news that HMRC wants digital accounts to replace traditional annual tax accounts created much debate. Now, further… Read more Digital account timeline overview