Welcome to our monthly newswire...

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Diary reminders

* 19 May 2011 - PAYE and NIC due for the month ended 5th May 2011. Final submission date for employers' year end returns (forms P35 and P14) for the year ended 5th April 2011. Submit Construction Industry Scheme return for the month ended 5th May 2011.

31 May 2011 - Employers to provide employees with forms P60 (year end summaries) for the year ended 5th April 2011.

 


Brain Teaser - Competition

WIN Fortnum & Mason Blenheim Hamper

Q. Which Boxer caused a great upset to become the first British middle weight undisputed Champion of the World for nearly 60 years in 1951 by beating the arguably greatest boxer pound for pound fighter of all time Sugar Ray Robinson?

Please send your answer to Jo.Elliott@rickardkeen.co.uk


Meet the Partner: Bill Gould

Bill Gould

Bill Gould joined Rickard Keen as a trainee in 1975. He has been a partner for the last 23 years. During the 1980s Bill gained valuable experience working in the tax division of Arthur Andersen. Bill is a member of the Institute of Chartered Accountants in England and Wales (ICAEW)

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AquaPress

AquaPress

“We know that everything is correct, and have confidence in the work done. If we are subject to an inspection, then there won’t be a big error."

AquaPress partner, Chris Davey

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R&D Brings Tax Benefits

Thousands of companies are benefiting from research and development (R&D) tax credits, according to new figures from HM Revenue & Customs (HMRC).

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Thousands Rise To Red Tape Challenge

Thousands of businesses are taking up the government’s challenge to comment on more than 21,000 rules and regulations that affect their lives.

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Government Says No To Early Access to Pension Savings

The government has decided to rule out further consideration of early access to pension savings for the time being.

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New Minimum Wage Rates Set

The government has accepted the independent Low Pay Commission’s (LPC) recommendations for this year’s National Minimum Wage (NMW) rates.

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Don’t Forget To PAYE on Time, Says HMRC

HM Revenue & Customs (HMRC) has issued a reminder on due dates for PAYE payments made electronically.

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New Late Filing Penalties in Place

Taxpayers could find themselves paying a high price for submitting late tax returns under a new penalty regime introduced in April.

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Changes to mileage allowances

The 23 March Budget saw an increase to the mileage allowance which can be paid to employees when using their private car for business journeys. Since 6 April 2011, employees have been able to claim 45p per mile for the first 10,000 miles per year which is a 5p increase from the previous 40p rate. If an employee uses their private car for more than 10,000 business miles in a year, the excess mileage allowance of 25p continues to apply.

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HR News: Congratulations to new associate

Rickard Keen are pleased to announce that Peter Leonard has been promoted to Associate.

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HR News: A Welcome Return at Rickard Keen

Rickard Keen has welcomed back former employee Jamie Nice who is now a chartered accountant and national prize winner.

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Tel: +44 (0)1702 347771 | Fax: +44 (0)1702 330951 | E-mail: alan.worsdale@rickardkeen.co.uk

Rickard Keen LLP | Glenny House, Fenton Way, Southfields Business Park, Basildon, Essex, SS15 6TD.
Tel: +44 (0)1268 548127 | Fax: +44 (0)1268 548715 | E-mail: kate.davies@rickardkeen.co.uk

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