Our Services in this section include
Accounting Services 
Business Advice 
Tax Planning 
Specialist Areas With effect from 1 October 2010, all apprentices must be paid a minimum of £2.50 per hour. Currently, apprentices in England should be paid at least £95 per week, however apprentices under 19 or in the first year of their apprenticeship are exempt from the National Minimum Wage (NMW). The new proposals coming into force [...]
George Osborne presented his first Budget on Tuesday 22 June 2010.
We have added a full analysis of the Budget to our website and it is available here:
http://www.humph-net.co.uk/general/budget2010/index.htm
A summary of the tax rates which will apply as a result of the Emergency Budget, please also take a look at:
http://www.humph-net.co.uk/general/taxrates2010/index.htm
The following announcement was posted on the HMRC website today:
Annual Coding: multiple or incorrect Coding Notices – update
We advised you that HMRC recently introduced a new National Insurance and PAYE system and that we are using it to issue tax coding notices for the first time.
The transition to the new system has brought to [...]
Pubs, clubs, restaurants and other retail businesses remaining open past midnight on New Year’s Eve will be allowed to continue charging VAT at 15% on their sales until they close or until 6am on 1 January 2010, whichever is the earlier.
Similar arrangements will apply to telecommunications companies in respect of calls and texts made up [...]
Updating QuickBooks
There is an update available for QuickBooks users to refresh the software so as to be prepared for the VAT rate change.
Intuit Software have compiled a list of FAQs on their site . There are instructions on how to make the rate change in QuickBooks, and once it’s set to the new rate, [...]
There are a number of changes which will affect many businesses from 1 January 2010. Here is a quick summary of the key changes.
All Businesses
Change of VAT Rate
The standard rate of VAT goes back to 17.5% on 1 January 2010. The new VAT fraction to use when a price is stated as being inclusive of [...]
