On the 25th January, many of us with a claim to Scottish ancestry use the birthday of Robert Burns as an excuse to join friends for some poetry and to eat haggis with neeps and tatties. I had a Scottish great-grandfather, making me Scottish up to the ankles, if not the shins. You may, like me, be a fraction Scottish but as far as your Income Tax is concerned, it’s either Scottish, or it isna.
With the introduction of auto enrolment, employers of all sizes have been compelled to choose pension schemes for their staff. In doing so, they are making a financial choice that affects the long term interests of their employees.
Around this time of year, lots of small business owners are doing their self assessment tax returns – in case you haven’t heard, the deadline is 31st January.
Often, even in simple cases with no other income, the self-assessment calculation comes out a pound or two different from the figures on the P60. In week 53 cases (which I’ll explain later) the difference can be significantly higher. The obvious question is, which is right?
Customer service is central to what we do. If I was using a payroll system and I hit a problem working out the wages, I’d expect to get help to resolve that problem pretty quickly. In my opinion, everyone should expect that, including our customers. That’s the reason we include telephone support in our price, rather than making it an optional extra.
In the past, we’ve kept our views quiet and let our work speak for itself. Naturally, some customers want to know a bit more about us and why we make the choices we do, so this new blog is a place for topics not strictly related to getting your payroll done.