Why Ben Affleck is on ‘Accountancy Age’s Financial Power List 2015!
Guest blog by Kevin Murphy Kevin joined Townends in 2000 as a trainee accountant following completion of his A-Levels at Selby College and is now…
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VAT Benchmarking
HMRC are currently writing to around 7,500 furniture retailers and car repair businesses asking the owners to check the figures reported on their VAT returns.…
Read MoreHoliday Pay
There has been some panic whipped up in the media about employers having to pay vast amounts of back-dated holiday pay to employees who regularly…
Read MoreRTI Reports and Penalties
Real time information (RTI) was supposed to make the reporting of PAYE easier for employers but it has introduced more filing deadlines and new penalties…
Read MoreSupporting The Sick
It is such a pain when a key employee is off sick. You are required to pay that person statutory sick pay (SSP) once he…
Read More£220 raised for Mission Trinity Goole
Mission Trinity was nominated for the Townends Christmas Charity that was run by our Payroll Manager – Shirley Daniel. Pictured above are (left to right) Becci…
Read MoreVAT MOSS New Guidance
On 1 January 2015 the VAT law changed for electronic services that are supplied digitally to non business customers. Those customers must now pay VAT on…
Read MoreShared Parental Leave and Pay
Where a child is due to be born (or adopted) on or after 5 April 2015 its parents will be entitled to share the 52 weeks…
Read MoreIncorporation Of A Business
When a business incorporates and transfers its trade and assets to a company controlled by the seller, the assets must be transferred at open market…
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