Member Since: 26th Jun 2013
4th Oct 2019
I wasn't clear on exactly what your post was asking, but for the doctors' superannuation payments:
The practice must complete a form each year detailing the expected income of each partner, the NHS then use this figure to calculate the relevant percentage and therefore the monthly contributions.
Then, at the end of each year the partners must complete an annual certificate which recalculates the contributions based on what they actually received, with a balancing payment or receipt which is usually sorted by an adjustment to a monthly GMS payment.
If you mean the monthly overall income from the NHS there are GMS statements which can be downloaded by the practice which details the income and expenditure which make up the payment. If there's any income stream on the statements you're not sure about send me a message and I'll try and help.
8th Aug 2018
I think you need to be careful that the invoices that the company 'created' are not considered fraudulent. If you have no invoice, you have no invoice; since you are worried about the suppliers VAT, did the company claim VAT on these 'invoices'?
6th Aug 2018
As far as I understand it, it doesn't matter who does the bookkeeping if the charity's turnover limit meets the threshold for an independent examination. If the bookkeeping is done by an experienced firm then the examination should be simple.
As per the guidance (independent examiners guide): "Charity law requires those charities with a gross income of more than £25,000 to have some form of external scrutiny of their accounts."
There doesn't appear to be any caveat that says 'unless the bookkeeping is done externally', because otherwise every charity in this limit would just do that.
19th Jul 2018
I understand some of the reasons why they want to switch the HTML but if they do the likelihood is I'll just start printing the pages as PDF. I find them easier to transfer and don't require a browser to read.
2nd Jul 2018
Manage Employees > [Select employee] > Employee payments > Employee Pay and Deductions Record
There are then tabs for National Insurance, PAYE and then other deductions.
My Basic Tools now opens as a webpage, so I just Ctrl-P to print the page.
27th Jun 2018
You cannot submit an RTI report in arrears. If you try and submit the adjustment through an EYU the client will probably be raised a penalty for non submission.
But regardless, it sounds like the director is trying to change history - presumably he never got paid the £8,424?
27th Jun 2018
Officially (as in, per contract) my firm does not pay overtime. However we have many clients in a specialist sector with short deadlines so some of us often do overtime during that sector's busy period. My firm usually pays only our normal hourly rate at that time.
13th Jun 2018
My understanding was that if the old 'standard' windows are being replaced by new 'standard' windows then it's revenue. It's only capital if the new windows are much better than the standard fare.
4th Jun 2018
If the software is Sage then there is a tick box to prevent back posting, I'd be inclined to get the bookkeeper to tick this box once the year end rolls around.
4th Jun 2018
In short, it probably doesn't matter much, it will be accrued by your accountant if it needs to be. However if your prior year accounts have been done (whether or not the year end on Sage was run), don't back post it.