Pillow May Team

Pillow Talk

Category: ‘How to’ guides

Set up auto enrolment with PensionSync on Xero

Are you about to stage for Auto Enrolment? Connect Xero to your pension provider through PensionSync to ensure your contribution file is on time and contributions transfer directly. You can add your staging date, pension provider, and pension contributions to set up automatic enrolment for workplace pensions in Xero. Please note you can only do… Read more »

Bare Trusts

Bare trusts are true to their name and just deal with “bare” essentials! The trustees hold the trust property on behalf of the beneficiary, it really is that simple. The beneficiary owns the beneficial interest in the property and they are entitled to the income it generates (if any) but they will not own the… Read more »

HMRC Tax Planning Deadlines 2016/17

The following reference schedule will help you avoid any interest charges or penalties from HMRC for late filing. 19th of each month – employers pay PAYE and send CIS returns to avoid penalties (PAYE by electronic funds transfer can arrive by 22nd of each month). 5 October 2016 – deadline for notifying HMRC if not within the self-assessment system and… Read more »

Guide to the new Register for Persons with Significant Control (PSCs)

What is the register of people with significant control? UK companies, Societates Europaeae (SEs) and limited liability partnerships (LLPs) will be required to identify and record the people who own or control their company. Companies, SEs and LLPs will need to keep a PSC register, in addition to existing registers such as the register of… Read more »

Guidelines for Intermediaries Reporting

If you don’t operate PAYE, you may have to send reports to HMRC for workers Working trends have changed in recent years and UK businesses are increasingly using intermediaries to get skilled staff at short notice for temporary engagements, resulting in HMRC introducing new reporting legislation and Guidelines for Intermediaries Reporting. Intermediaries might need to provide HMRC with… Read more »