North East Accounting and Bookkeeping North East accountancy and bookkeeping servcies based in Newcastle upon Tyne

What happens when introverts and extroverts clash! 

I work 2 hours a week teaching enterprise skills to students at Northumbria University. I always try to teach them something taken from the real world of business. This week we had a fantastic guest lecture by Rob Gwyther from Accenture. He looked at team working…

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Do I Actually Need a Will?

We’ve been asked by a few of our clients recently if they actually need a Will in case the worst happens. Yes, I know this is a morbid blog post but it’s especially important if you have assets and family. Fortunately, Justin’s mum is a practicing…

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Choosing a Name for your Business

We’ve been helping a number of clients recently start new businesses (mainly limited companies) and one of the biggest challenges they face is choosing a name. I’ve quickly pulled this guide together to help you. There are a few simple checks I think everyone looking to…

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Ideas for your Pension – The New Rules

With the government bringing out new rules for pensions anyone looking to retire soon should read the pensions choices leaflet. Although you can gain access to your full pension pot beware of the tax implications. Recently, one of our clients looked at withdrawing £215,000 from…

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Who would like to cut £2000 off your employment bill?

In October 2013 an open letter was published by HM Treasury giving details new legislation regarding Employment Allowance. This new Government policy was announced by the Chancellor at the Budget 2013. But what is Employment Allowance and how will it affect small businesses? What is…

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Xero Wins Award

We’re delighted to report that Xero won the Best Client Software category in the British Accountancy Awards at the Tower of London, the biggest awards in the UK accounting industry’s calendar. You may have noticed on our website we are a Xero Certified and have…

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PAYE in Real Time (RTI)

From 6 April 2013 you must report PAYE information in real time. You may see this referred to as Real Time Information – or RTI. All employers report PAYE in real time. Each time you pay an employee you must submit details about employees’ pay…

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Are you aware of Changes to Apprenticeships?

Vince Cable, our minister for business said: “There is worrying evidence that a significant number of employers are not paying apprentices the relevant minimum wage rate. Apprenticeships are at the heart of our goal to support a stronger economy, and so it is important to…

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Minimum Wage Increase

Are you aware the national minimum wage will rise to £6.31 for adults from October? This is a 12 pence increase for those over the age of 20. Those between 18 and 20 will receive a 5 pence increase to £5.03 and if you employ…

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