Beware of HMRC errors
This week Georgia managed to sort a client’s PAYE credit due to an HMRC error. She also sorted a client’s sole trade PAYE scheme, got the fines removed and the scheme closed – which should’ve happened long ago!
Tax planning
Last year we implemented a long term tax planning strategy for a client. This year they have benefitted from a tax bill that was £26,741 lower than it ordinarily would have been. You can imagine how happy they are!
Paperless
For some time now, we have been aiming to use less paper. At Numbers we are now almost completely paperless, and the content of our numerous filing cabinets has been scanned and stored safely and securely in the ‘cloud’. In addition to this, we are excited to be offering to plant a tree for each client who agrees to our paperless payroll initiative. The National Forest will be planting our trees – at no cost to our clients – when they agree to the scheme, and our payroll clients will be receiving an email over the next few months. As we strive to take care of our environment, our hope is that we are ‘Making Lives Better’ for us, and our families – now, and for future generations. You can also get involved personally here.
Job advertisement – Admin assistant
If making people happier, more relaxed, and hopeful for the future is something that you buy into, then you’d fit right in at Numbers. Here at Numbers we are passionate about ‘MAKING LIVES BETTER’ – in fact, it’s what makes us want to get up and come into work every day. This drive means that we devote all our energy into making lives better for our clients, and everyone we come into contact with during the day … and that includes our team! People are the heart of our firm, so we aim to do the extra to make sure they feel valued. Here at Numbers we call ourselves ‘team’, and we truly are. More than that, as a family owned firm we have a family feel – looking out for one another, as well as our clients, and wanting everyone to feel part of that family. This means that…
Making Lives Better in South Africa
Georgia was busy Making Lives Better last month when she visited an orphanage in South Africa, and helped run a holiday club for 100 kids aged 2-16. She took a group of young people from the Plymouth area to help.
VAT saved
Our client was pleased that we saved £828.72 on his VAT bill last week – a nice bit of holiday spending money! We saved another two clients £9456.68 and over £12000 in VAT reclaims – enough for a holiday AND spending money! If you think you are paying too much tax – get in touch.
Team successes
Beth, our part time social media manager -and physio undergraduate – achieved a 2.1 at the end of this academic year. Well done Beth! And Rachael, our Practice Manager – who is studying a BA in Business Management – achieved a ‘First’ at the end of this academic year. Another success!
What would you do with the extra?
A client drew cash from her business thinking that it was taxable income. However, Brad was able to show her that, in the absence of a dividend voucher, the cash was in fact not subject to tax, as it was a repayment of her loan to the company. He also set off her losses this year against last year which saved another £922.40. Attention to detail like this enables our clients to minimise their tax bills within the law!!
Georgia’s successes
In particular, Georgia managed to save £1565.61 for a client by ensuring they were on the correct scheme for VAT. Obtained a CIS refund of over £18,000 for a client – and there’s another £18000 to reclaim! Managed to void PAYE fines and interest for a happy client. Obtained an unexpected VAT reclaim of £815 for another client.
Brad’s successes
Brad obtained a couple of tax refunds for clients this week. One amounted to £4,958.88 and future savings of £1,445.62 per annum, and another of £761.00.