This post worked very well with all the scrolling required on here
I understand that it is theoretically possible to enjoy a benefit free car in the situation you describe. See guidance https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim23400
It's very difficult to achieve in practice and especially when it comes to convincing HMRC.
If she is a secretary then the company may be able to claim it's not an Employer for purposes of AE. It's been debated on here and many will disagree but after already claiming that my own company was Not An Employer I sent a string of emails to TPR - I asked to be reinstated so that I could go through the process of setting up a shell pension scheme. TPR highly discouraged me, effectively staying that 1 Director and 1 Secretary can be exempt. I've kept their correspondence and it'll do me.
Hi Peter, I think Euan's advice to check that everything matches up perfectly should solve your problem. Having done that I've had a brilliant experience with BrightPay. I changed to them for their AE functions and I've not been disappointed. I can't imagine you will be once past your teething issue.
And yes, I agree with WiseLaw - once the Make Payment function is there (and we don't have to login to NEST) it will be great.
I'd stick with it Peter. I understand what you're saying about large organisations - I just don't think that fits with my experience of BP.
IRIS was the best I used in employment. However, I work alone now - Taxfiler and VT Final Accounts (plus the bookkeeping capabilities of VTT+) are what you need.
Again, I appreciate your replies. The payment is a % of earnings from the round and it seems that the other cleaner most likely treats this as a business expense - they both simply understand the arrangement as "rental of window round".
Thanks again, I'm not too sure that I'll get to the bottom of this one!
Hi bb, these are interesting questions and a point of view I'd not considered. My client has no legal right over the window round - he simply built up the work over many years and the new window cleaner pays a rent for now working this round with the understanding that my client could, if he wanted, take back the round at any time. The arrangement is very informal but has worked for several years.
Still I find it hard to believe that he is in a business partnership (although I understand the argument being that the new cleaner is effectively voluntarily sharing profits).
My client and the new cleaner have no other mutual business ties. Could it be deemed as more like a commission that my client receives?
Again, would it be Self-employment or Other Income?
HMRC guidance: https://www.gov.uk/simpler-income-tax-simplified-expenses/working-from-home
After trailing it I moved to BrightPay last year almost wholly motivated by their lead in integrated AE functionality. It's a really neat piece of software for payroll and AE.
In fact I've recently been recommending it as a replacement for BPT to some friends (too small for an accountant). Definately the way to go. Great for those tiddlers that can use it for free too.
I'm a fan for the right clients. I commented on this thread which might help http://www.accountingweb.co.uk/any-answers/free-bookkeeping-software-1
What an excellent succinct article. Will keep as useful reference point on the subject.
Starter checklist- is it a must?P46 was withdrawn and employers had to make own Starter Checklist but must employers now use HMRC new Starter Checklist and not their own?
But how does company gift aid work?
Does the company need to make a formal declaration as do individuals? Are all charitable donations tax deductible for a company?
Gift aid from companySo companies can make gift aid declarations? Gross so they donate £100 and charity receives £100, and no tax top up later? And such donations are always an allowable expense? Thanks. This would seem to resolve it for a lot of small business people.
Only just spotted this...It's a shame after having already given some micro employers an idea of costs and recommended TPP. I think that recommendation will have to change- talking about mini-micro's here.
Still, I understand it from a commercial perspective. If a not for profit feels it's necessary how long before NEST
Don't click linksI'm no computer expert but I personally don't link email links. I visit the website and find the appropriate section. Would this not be better advice from Xero, TalkTalk etc? Or this there a problem with this approach?
Thanks for sharingMaybe small consolation is that your experience has saved others
Lets face itNEST, PEOPLES etc all offer very poor fund choices. I could see this being attractive to my micro employers. From my understanding as a payroll administrator I'd still have to charge a fee for calculating and reporting on the deductions. I just don't know what that fee should be yet!