Online Accounting - Accounts in the Cloud

2014 Blog Archive


October 2014

RTI Penalties Delayed again

As advised in our newsletters, automatic in-year RTI late filing penalties start on 6 October 2014. However, HM Revenue and Customs have recently announced that the start date for penalties on PAYE schemes that have fewer than 50 employees will now be delayed until 6 March 2015.

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Jenni's New Company Car

Last week 1 Accounts Online took delivery of its new company car for Director and ‘the boss’ Jenni Donno.

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September 2014

Five years of fun fundraising

We have had some great fun raising money for St Nicholas Hospice Care in the last five years - read our story and learn more about the fun you can have raising essential funds for charity.

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How to choose your accountant

Here at 1 Accounts Online we take our professional qualifications and regulation very seriously. Part of the Governing Bodies rules to maintain our practicing certificate are to keep up with our Professional Development (CPD) with at least 30 hours of additional training courses per year.

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July 2014

Paul Donno explains why he is championing the online revolution.

Paul Donno, director and founder of 1 Accounts Online, has over twenty years of experience as an accountant following the traditional accountancy model so why jump ship now? Claire Carter Head of SageOne interviews Paul to find out more.

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A new coach for Andy Murray!

The British number 1 sees off the very tall Kevin Anderson with a huge serve to go through to the quarter finals of the Wimbledon Championship and continue to defend his title; something that last happened in 1936 with Fred Perry.

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June 2014

KPI's & The England Football Team

People that know me know that my love of Football is not too great and being a Rugby fan I really do not understand how people can be paid so much money and not perform at the level required.

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May 2014

Starting up in business Sole Trader or Limited Company?

Starting in business can be a really exciting time but getting the right advice at this essential time is crucial to the long term planning of your business.

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Sole Trader v. Limited Company

A question that we are asked a lot is "Should I be a Limited Company?"

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April 2014

Online Accountant or Traditional?

We look at how the Accountancy profession is changing in this modern world with the latest online technolgy

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The Modern Apprenticeship and Business

I was fortunate enough to attend the British Chambers Of Commerce annual conference this week with a very impressive lineup of speakers.

 

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Spring Forward and take the opportunity!

As they say Spring Forward and Fall Back. The clocks went forward this week and it is time to look at your plans for 2014 and start to put them into action.

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March 2014

The spirit of the Tour & your employees

Having brushed the cobwebs off of my road bike and stretched the lycra over the winter excesses it got me thinking about stage 3 of the Tour de France and how it is coming close to my home town of Haverhill on its route from Cambridge.

 

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Budget 2014

George Osbornes budget was delivered yesterday and there were a few welcome announcements for smaller businesses although some big headlines do not really apply.

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February 2014

Many small businesses have no idea that the 'Flat Rate scheme' exists for VAT.

This scheme is aimed at the smaller business; it takes away a lot of VAT processing and you could even make a profit out of VAT too!

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Most small Limited Companies operate payroll for their directors but forget about the casual staff and pay them "cash in hand" as a casual employee.

In the past this was fine, but things have changed and all employee pay has to be recorded with HM Revenue & Customs (HMRC) under the Real Time Information (RTI) rules and you have to do this on or before the payment to the employee.

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The new £2,000 "employment allowance" that provides relief from paying employers NIC on the first £2,000 of contributions starts 6 April 2014.

For many employers the benefit of the £2,000 relief will be obtained in month 1 by reducing employers NIC payable, for others it could take several months before credit for the £2,000 is obtained on a cumulative basis.

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