Monthly Archives: February 2014

National Minimum Wage (NMW) penalties to increase

Employers have been warned recently that schemes setting out to avoid payment of wages to employees at the minimum rates set by the National Minimum Wage regulations will be penalised. Currently, employers found lacking in this area will be required to make up the unpaid wages and pay fines which can be up to 50% of the total arrears, capped Continue Reading
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Ten Technologies That Will Transform Your Business

The Craigavon Business Forum's next event ' Ten Technologies That Will Transform You Business'  takes place this Friday, 28 February, morning at 7.45am.  The venue is the excellent CIDO Innovation Centre, Charlestown Road, Carn.  We start with coffee at 7.45am and finish at approximately 9.00am with a Bacon & Sausage Soda. This month our speaker is Garry McDonald from Helios IT, Continue Reading
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Possible VAT bonanza for golf clubs

Since the 1990s fees for playing at not-for-profit sports clubs has been exempt for VAT purposes. However, HMRC has asserted that only club members’ playing fees are exempt for VAT purposes. Any visiting players have paid VAT included in their green fees. Clubs who have charged the same amount to members and visitors have therefore suffered a loss of revenue Continue Reading
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2014 Budget Review

As many of you are probably aware, George Osborne's 2014 Budget is planned for 19th March. Our annual Breakfast Budget Review Seminar is scheduled for Friday 21 March at the Lough Neagh Discovery Centre, Oxford Island Lurgan. We'll summarise all of the important content, that is likely to impact on local SMEs, all are welcome, simply email vanessa@mcclearyaccountants.com to book your place . AGENDA Continue Reading
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