Member Since: 20th Mar 2018
30th Apr 2021
Thanks for a lively discussion and thanks WP. Link for convenience: https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim26280
I understand then; that by default a loan advanced in joint names of say £20k is assessed for BIK purposes as £20k EACH!
If however there is one advance of £10k to husband and another of £10k to wife (with separate written agreements) I'm inferring that they may each enjoy their BIK £10k small loan allowance. Any trip wires to this?
19th Apr 2021
I recommend you use this opportunity to switch to the more forward moving of the two providers - BrightPay. Good value, nice User Interface and hands-down easiest handing of AE Pensions of those I originally trialled.
31st Mar 2021
Reading through your needs Brightpay is a perfect fit for you.
1. You'll save money on the software
2. It's a better than the rest user experience
3. Their Connect software will allow you to offer cloud features to clients
4. AE Pension is built in at no extra cost (you really will be surprised as you're moving from Sage) and not just better - I compared before moving - I personally feel that they make AE as easy as poss.
5. You can save the payroll files to something like DropBox to pick-up and work on a client from several computers
I really hope you make the switch
16th Feb 2021
A direct debit for Tax Credit claw backs can appear similar. Worth checking
4th Dec 2020
Thanks for replies. Just to quash a doubt - s455 tax can never become theirs for keeps? There’s no time limit to repay?
25th Nov 2020
Quite a tightening of the rules "a significant reduction in profits" requirement. Seems again, Martin Lewis had the news first.
17th Nov 2020
At the higher end of this range (I originally did the first 3 months free but we've learned since then). I'd be charging £100+ for flexi-furlough
6th Nov 2020
First request is usually for SA302’s which I send out with an email “if cert needed the fee will be £195”. Half come back for certificate (which contributes to sorting SA302’s etc) and never quibble the fee.
I have explained to some that there’s of cost of insurance and licences to be able to provide the certificate not just time.
Remember furlough - not valuing your time leads to more and more requests for freebies.
23rd Jul 2020
That's the key point for me - if email is your usual method of communication.
9th May 2020
I think you’re on the right track. MyPAYE or Payroo online will be your free solution. But I’ve gotta say, in your position and for an extra £150 I’d upgrade my BrightPay.
Otherwise you might be able to use Xero payroll for clients signed up and reduce BP numbers that way.