February Newsletter | 2023
What's new with DS Business Support
We are super pleased to have Jenny on board. Jenny is a Sage expert of over 19 years and trained me over 6 years ago when I entered the world of bookkeeping. Jenny will be an asset to DS Business Support and Im sure you will all make her feel very welcome.
Don't forget: If you are always hands on at work and struggle to keep on top of admin and paying suppliers, we are here to take that off your to do list. We have teamed up with a great software company which integrate with your Xero - meaning any bills which are due are paid on time - without us needing direct access to your bank account. If you would like more information on this service, please let me know - this can also be used for paying wages.
Don't forget: it isn't only bookkeeping we do here - we are also available as Virtual Assistants to keep on top of your emails, invoicing, chasing clients' invoices owed to you - clearing out junk emails and making you aware of only the emails which you need to action.
HMRC Updates
There have been some changes to VAT Penalties and Charges - you can find all information on the following link - VAT penalties and interest - GOV.UK (www.gov.uk)
If you run a payroll, you will need to start thinking about budgeting due to an increase in National Minimum Wage. Your payroll providers will need to be notified of any salary changes prior to your April payroll being ran to allow them enough time to amend the rates in the payroll software - Minimum wage rates for 2023 - GOV.UK (www.gov.uk)
You there are also many webinars you can join to keep up to date with any changes in the 2023 - 2024 tax year including, Class 1 National Insurance, National Minimum Wage & Statutory payments HMRC email updates, videos, webinars and community forums - GOV.UK (www.gov.uk)
More updates can also be found on HMRC February 2023 Bulletin on the following link February 2023 issue of the Employer Bulletin - GOV.UK (www.gov.uk)
Please let me know if you have any questions on the recent updates and/or changes that the HMRC have enforced.