With effect from 6 April 2000, employers can pay Pay As You Earn (PAYE) and National Insurance Contributions (NIC) to the Inland Revenue quarterly rather than monthly where the average monthly payments to the Inland Revenue are less than £1,500. This limit was previously £1,000. Certain inclusions and deductions need to be made in determining the average monthly payment. The increase in the monthly limit will give thousands of small employers the opportunity to pay quarterly giving them cash flow savings opportunities.
There is, as yet, no Mrs Brown to pose with the bachelor Chancellor on the steps of No 11 for the pre-Budget photocall - but prudence was much in evidence. Dealt one of the best economic hands of any Chancellor in living memory, Mr Brown was determined not to give the slightest hint of enjoying […]
Thousands of investors could be hundreds of pounds better off thanks to the Chancellor's decision to maintain the £7,000 Isa limit for another year.But while fund managers and IFAs welcome the news, some are frustrated they were not made aware of the changessooner, having already prepared and received Isa applicationsfor next year.The £7,000 limit was […]
Allied Irish Banks today announced that it is to rollout a new mobile phone banking service to customers from next month. Its “24 hour mobile” service is the latest development in the implementation of AIB's strategy for “mobile” commerce. Subsequent phases will see a range of transaction based financial services using Wap technology. This will […]
MobileAge Technology is to facilitate banks' in delivering full financial services to mobile users without changing their existing set-ups.The service is directed at banks which want to capture the high growth mobile phone market without investing time and resources in building their own system.The operations are based on parent company BROKAT's Twister facility, used by […]
AlphaSimplex Group believes that the most robust investment products are those that adapt to changing market conditions. Alex Healey, portfolio manager of the ASG Managed Futures Fund, talks about how holding “long” and “short” positions in alternative investments, to match market trends, can create opportunities in both up and down markets.
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The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Last year, Money Marketing took a deep dive into how advisers are remunerated with an extensive reader survey. This year, we’re going even bigger and better, teaming up with recruitment consultancy BWD to bring you the definitive picture on pay. With your help, we hope to decode how qualifications, employment status, geography, gender, job title and other […]