Monthly Archives: April 2017

Making Tax Digital (MTD) removed from Finance Bill 2017

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Following the Prime Minister’s announcement of a general election, legislation to implement the Making Tax Digital (‘MTD’) initiative has been removed from the Finance Bill 2017.  MTD is the plan for businesses to submit quarterly uploads of accounting information to HMRC, with the first wave of businesses due to be affected from 1 April 2018.

Although postponed for the short term, there has been no change to the MTD proposal, and it is likely that the initiative will return following the general election as part of the Government’s commitment to a fully digital tax system.

As a result of the deferment, it is not known whether HMRC will push back the implementation date of 1 April 2018 for unincorporated businesses with a turnover above £85,000.

We will continue to follow the progress of MTD and keep you up to date with any changes. As always if you have any queries please do not hesitate to contact one of our dedicated MTD advisers.

Andrew Cowking - New Website


Andrew Cowking

Partner
Email: andrew.cowking@pmm.co.uk
Telephone: 01254 679131

 

Julie Walsh - New website
Julie Walsh
Tax Manager
Email: julie.walsh@pmm.co.uk
Telephone: 01254 679131

 

Jill Morris - New Website
Jill Morris
Run My Business Director
Email: jill.morris@pmm.co.uk
Telephone: 01254 679131

 

Lucy O Gorman - New wesbite
Lucy O’Gorman
Run My Business Manager
Email: lucy.ogorman@pmm.co.uk
Telephone: 01254 679131

 

 

 

PM+M Two-Wheeled Professionals Networking Ride

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The afternoon of Wednesday 19 April saw the third 2017 gathering of PM+M’s two-wheeled professionals cycle-networking ride. The weather, yet again, was kind and the group met at The Green Jersey in Clitheroe to head out for 25 miles of pleasant riding and business-related conversations. Thanks to modern technology and GPS tracking the route can be viewed using the following link https://www.relive.cc/view/949367024  but took in Bashall Eaves, Cow Ark, Whitewell, Chipping and Chaigley.

The turnout, as ever, was excellent and we certainly weren’t short of representation from many different disciplines including lawyers, bankers, estate agents, marketing specialists andmore!

As ever the conversation flowed as well as the route and I am aware of at least a couple of follow-up meetings in the diary. Post-ride feedback was as positive as ever and the format universally praised. Collaborative communication within the group is so good that the route was planned to allow one of our riders to swing off home on our return to Clitheroe in time to successfully sell a car without missing the ride!

If you are interested in an invite to the next event then please get in touch.

Neil Welsh - Navy
Neil Welsh
Independent Financial Advisor
Email: neil.welsh@pmm.co.uk
Tel: 01254 679131

Apprentice Assessment Day 2017

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We held our second annual assessment day on the 20 April. We had 13 bright and enthusiastic students attend our Blackburn office for the afternoon from local colleges and universities. They were all competing for various vacancies we have on offer including 4 apprentice roles for our Tax, Run My Business and Corporate Services departments and a 12-month work placement opportunity within the Corporate Services team.

The candidates took part in a number of activities including the Lego tower challenge, an aptitude test and team role questionnaire, personal presentation, interview and the ‘Dragons Den’ exercise.

The candidates presented a topic of their choice and gave some interesting presentations on positive mind set, climate change, hobbies and travels.

The ‘Dragons Den’ exercise required the candidates to work in groups to create a new product/business idea or adapt an existing product to pitch to the panel of ‘Dragons’. The candidates worked well under the time pressure and dealt with the questions from the PM+M ‘Dragons’ very well. The PM+M ‘Dragons’ also enjoyed the exercise!

After another successful year, we look forward to hosting next year’s assessment centre! For more information on starting your PM+M careers, please click here to view our current opportunities.

Scam Alert – A Notice To Clients

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You cannot be too careful in a world where data is easily accessible to everyone. A lot of scams may seem obvious but some clever scams may seem real and could potentially catch you out.

There’s a new scam in town and this one is targeting the elderly. The scammer will call the victim and tell them that ‘HMRC’ would be looking to take them to court over unpaid taxes but if they wished to prevent this they had to provide various details to them – including bank details.

HMRC have confirmed that this a scam and there are a large number of hoax callers who are attempting to trick elderly people into giving away sensitive information.

If you think you have been targeted by this scam, please contact to Action Fraud by visiting www.actionfraud.police.uk or by calling 0300 123 2040 to report this as it is a criminal offence.

The Importance Of Right To Work Checks

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A client recently faced a Home Office enquiry into the status of one of their non-EU employees. It was resolved (eventually) with a positive outcome for our client, however, the reality could have been very different. It brought to the surface the significant risk that the business may have needed to amend its strategy for growth in the UK market had it not been able to recruit the required expertise from outside the EU. Of course, the realities of the UK labour market post-Brexit could still impact on this.

All businesses should review their HR and employment policies and processes on a regular basis, especially where it relates to Sponsored Migrant Workers (SMW’s), and I discussed this with Jane Carroll, Partner at Solutions for HR, based in Bury.

Jane commented “Under UK immigration rules, it is a criminal offence to employ a person who is not entitled to work in the UK, therefore before employing any candidate it is essential that you ensure he or she has the right to work here. The easiest way to do so is to check all job applicants’ documents as part of your normal recruitment process – whether you believe candidates to be migrants or not. The necessary documents will depend on a candidate’s individual circumstances. You must ensure that the documents are valid.” Employers should not underestimate their obligations during the recruitment and on-boarding to the HMRC, and to effectively ‘police’ the movements of all SMW’s during their employment.

Jane continued to say that there is a useful online service which allows users to quickly check that the specific circumstances allows someone the right to work in the UK. This includes determining whether the vacancy could be filled by anyone in the EU. The site is anonymous and asks five simple questions to give an immediate answer. The test can be found at: https://www.gov.uk/legal-right-work-uk.

If someone you wish to employ is not permitted to work in the UK without restriction, they will need to apply to work under a points-based system and are likely to require a certificate of sponsorship from an employer. As such, to employ workers under the points-based system, you will need to register as a sponsor.

Jane warned that you can be sent to jail for up to five years and receive an unlimited fine if you know or should have known that you employed someone who doesn’t have the right to work in the UK.

The advice is to safeguard yourself and your business by carrying out the correct right to work checks on employment, but to also ensure robust HR administration processes to flag up visa expiry dates to ensure rights to work remain valid.

If you would like to revisit your processes or seek advice, please contact Helen Clayton at helen.clayton@pmm.co.uk or call 0161 641 8684.