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Latest Accountancy News - November 2009

Directors' service addresses

Changes introduced on 1 October mean that every director must provide Companies House with both their usual residential address, and a 'service address' for each directorship they hold. A director may choose any service address, including the company's registered office or their own home address, but PO boxes or DX numbers are not permitted.

Tips don't count towards the NMW

As you may be aware the National Minimum Wage (NMW) rates increased from 1 October 2009.

Tax relief on nursery vouchers to be withdrawn

In his speech to the Labour Party Conference, the Prime Minister, Gordon Brown announced an extension of free nursery places, to be financed by the withdrawal of the tax and National Insurance (NIC) exemptions for childcare vouchers.

Scrappage scheme

The Vehicle Scrappage Scheme is a voluntary scheme for motor dealers under which participating dealers give buyers a £2,000 discount off the purchase price of a new car (or certain types of small van) in exchange for scrapping their old qualifying vehicle.

Paying PAYE on time

HMRC are warning employers that from May 2010 they may have to pay a penalty if they do not pay their PAYE on time. These are generally due each month, on time and in full.

31 October self assessment deadline

HMRC are warning taxpayers who wish to file a paper (non electronic) tax return for the 2008/09 tax year, should generally reach them by midnight on Saturday 31 October 2009 (or be hand delivered by Monday 2 November).

Online payroll starter and leaver forms

HMRC are reminding employers with 50 or more employees that they should now be filing online their starter and leaver information online. The forms which need to be filed electronically, and should have been online since 6 April 2009, include...

Royal Mail postal strike

For the latest information on postal strike action please visit the link below.

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