David Butler's initial reaction to the Budget

David Butler has given his initial reaction to today's Budget in the following press release -

David Butler, director of Clay Shaw Butler, accountants and business consultants, Carmarthen, said:
The reduction in corporation tax to 21% next year and the new Employment allowance will allow me to expand my workforce.
This is something which I have been delaying.
Attracting graduates back to Wales will help the local economy
Taking the position of someone who has worked hard all their life, paid their taxes and saved, I can see the savings cap of £72000 for social care is, at last, a welcome change. The only gripe people will have is having to wait until 2016.
Having help with child care for the under five-year-olds makes it more financially viable to return to work, but, again, we have to wait until 2015.
Take the position of someone whose eldest will be over the age of five by then. Therefore, the Government needs to increase this child care help to under 12-year-olds sooner than they are saying.

• Clay Shaw Butler has a team of 22 professional staff with a combined experience of more than 210 years. The team is made up of Qualified Chartered Accountants, Chartered Certified Accountants, Chartered Tax Advisers, experienced senior staff, trainee accountants and business consultants.

Tax event due about last-minute tax planning

The following Tax Events are due on 31 March 2013:
Last minute planning for tax year 2012/13
What this means for you?
The final deadline of 5th April 2013 is relevant to individuals who have not considered year end tax planning issues.
These issues include:

• utilising your annual capital gains tax exemption
• utilising your annual inheritance tax exemption for gifts
• utilising your annual Individual Savings Account investment limit
• making additional pension contributions for 2012/13.

Please do get in touch if you would like any further advice on these or any other issues.

Tax events due on March 19

The following Tax Events are due on 19 March 2013:
PAYE, Student loan and CIS deductions are due for the month to 5th March 2013
What this means for you?
This deadline is relevant to employers who have made PAYE deductions from their employees salaries and to contractors who have paid subcontractors under the CIS. The contractors monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd March 2013. Penalties may apply if payment is made late.

http://www.clayshawbutler.com
Visit our website now - it's packed full of free resources to help you grow your business and become more profitable.

Tax event due on March 2

The following Tax Events are due on 02 March 2013:
5% late payment penalty on any 2011/12 outstanding tax due on 31st January 2013 still remaining unpaid
What this means for you?
This deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax and Class 4 NI liabilities and any capital gains tax.
The balance of any outstanding income tax, class 4 NI and capital gains tax for the year ended 5th April 2012 was due for payment by 31st January 2013.
Where the payment is made late interest will be charged.
On 2 March 2013 a late payment penalty of 5% will be added to the outstanding liability.
If we have already dealt with this matter on your behalf you need take no action.

http://www.clayshawbutler.com
Visit our website now - it's packed full of free resources to help you grow your business and become more profitable.

Tax event due on February 19

The following Tax Event is due on 19 February 2013:
PAYE, Student loan and CIS deductions are due for the month to 5th February 2013
What this means for you?
This deadline is relevant to employers who have made PAYE deductions from their employees salaries and to contractors who have paid subcontractors under the CIS. The contractors monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd February 2013. Penalties may apply if payment is made late.

We have a vacancy for an Administration Assistant

We have one vacancy at the moment -
Administration Assistant
Previous Experience in administration is essential. Must have audio typing skills. Will involve answering telephone, distributing mail, covering reception, typing and audio typing and general day to day administration duties.
Wage negotiable depending on experience.
Working hours 9.00am to 5.00pm Monday to Friday.
Please send C.V. Felicity Pearce, Practice Manager at Clay Shaw Butler or e.mail felicitypearce@clayshawbutler.com
Closing date 12 February 2013

Clay Shaw Butler are always looking for talented new people to join our team.
If you are interested, then submit your up to date CV to us regardless of whether we are advertising vacancies or not!
We do recommend that you included a detailed cover letter with your submission.
Send your CV today to: annthomas@clayshawbutler.com

Kim following in dad's footsteps

A Carmarthen woman is following in her dad’s footsteps by carving out a career in accountancy.
Kim Butler, 25, has just qualified as a Member of the Association of Accounting Technicians, MAAT.
And she’s very proud to be part of the 23-strong team at leading Carmarthen accountants and business consultants Clay Shaw Butler.
“I’m a very proud dad having Kim on board as part of the team here at Clay Shaw Butler,” said Clay Shaw Butler director David Butler.
“We take great pride in Clay Shaw Butler in making sure our staff take part in a wide range of training activities and Kim deserves congratulations on getting her MAAT qualification.”
Kim was educated at Queen Elizabeth Cambria School and has been part of the team since leaving full-time education.
The Association of Accounting Technicians, AAT, is the UK’s leading qualification and professional body for accounting and finance staff.
Clay Shaw Butler has a team of team of 23 professional staff with a combined experience of more than 210 years. The team includes Welsh speakers at all levels. The company’s office is in Lammas Street, Carmarthen.
Weblinks
http://www.clayshawbutler.com
http://www.aat.org.uk/
Picture: David Butler and daughter Kim Butler.