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THE NEW PENSION REGIME "AUTO ENROLMENT" AND OUR IMPLEMENTATION PLANS

Just a brief update to outline our plans for the new pension regime - auto enrolment.
At present we are working with our 4 largest clients to help them with their auto enrolment implementation and last month held a seminar with Sage to review the administration side of the new regime. It was certainly an eye opener!

SUPPORT FOR GREAT LOCAL CAUSES

For a number of years now we have stopped sending Christmas cards to clients and instead have made donations to a number of worthy local causes.

Bad news for landlords

Up until April 2013 landlords have been able to take advantage of an HMRC Extra Statutory Concession meaning that the renewals of assets used in a rental business can be set off against their tax liability. This has been important because capital allowances are not available to rental businesses. Unfortunately from April 2013 this Extra Statutory Concession has been withdrawn. That means that landlords of furnished lettings will be able to claim tax relief for wear and tear of furnishings (10% of the gross rents less rates) as previously but landlords of unfurnished lettings will have no claim to make if they replace such items.

Clients reach finals of 2013 Medway Business Awards

For the third year in a row we have clients who have reached the finals of the Medway Business Awards. This year we congratulate Total Machining Solutions Ltd and Questor Insurance Limited.

NEW APPRENTICE JOINS OUR TEAM

We are delighted to announce that we have taken on another apprentice trainee, Melissa Harle, to join our team.

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