Cooper Curtis is 5 years old!

Cooper Curtis Accountants, based near Southam, Warwickshire, celebrate their 5th anniversary this November.

Cooper Curtis provide specialised accountancy services for the recruitment industry.

Co-partner Brian Dormer says, '‘We are looking forward to introducing more client focussed services and to reaching out to others to share our success with them’

happy-birthday.jpg

For more information on the bespoke services we offer contact us on 0845 303 1144 or email info@coopercurtis.co.uk  to see how we can help. 

Brian & CarolineComment
Agencies, are you up to date with Employment Intermediary Reporting?

Since 2015, it has been a requirement for all employment agencies who act as an intermediary to file quarterly reports to HMRC.

The workers details and payment details are supplied on a simple excel spreadsheet in a format given by HMRC, each quarter, by the 5th of the following month. If no workers were supplied in a particular quarter, a nil report must still be submitted by the deadline date.

The main reason HMRC brought in this reporting was to satisfy HMRC that PAYE should not have been operated on their payments and to tackle false self-employment.

Failure to submit these reports or submitting an inaccurate report can run into the £1,000's after a third offence so it is paramount that these are submitted with care. 

You will need to sign up to HMRC's unique online service in order to file these reports here.

You must use HMRC’s template to input the details which can be found here.

Should you require any assistance in preparing and submitting these reports, please do not hesitate to contact us.

Post by Caroline

Post by Caroline

Please note, all our content is for general guideline only, every case is different and we would recommend speaking to us before taking any action as a result of the content. The content was correct at the time it was published

Brian & CarolineComment
Staying safe online...

Responding to the wrong email could spell disaster... Caroline looks at ways to prevent this happening in your company.

The recent ransom-ware cyber attacks brought chaos to companies across the world. Small to Medium size firms will often be the target for criminals because they believe their chances of defeating security and gaining access are higher and once in, they can attack larger potentially more valuable organisations that have a relationship with the SME using compromised email accounts to phish contacts, customers and suppliers. 

As much as 1 in 10 individuals will fall victim to phishing attacks via email and unwittingly allow criminals access to unsecured networks. 

Because the phishing email is personalised, and appears to come from a recognised contact, many of these beat email security and are delivered to the inbox. Not expecting an attack, the recipient unknowingly opens the email and downloads an attachment, or clicking on a link, or entering in passwords releasing malware or ransom-ware into the device and across the system. 

Criminals are getting more and more sophisticated with their attacks and they only have to get lucky once.

So what should I look out for in emails?

The sender

Look very carefully and ask yourself do you know this person and is this their usual email address?

Subject

You should always give your email a meaningful subject and expect to receive the same. Does the subject contain spelling mistakes, or excessive punctuation? Is it irrelevant or poorly written?

Content

Fraudulent emails will typically ask for you to do an action, such as download an attachment or visit a website. Be wary of emails that ask for personal information and wiht a phishing email there is usually an urgency to the email. 

Be wary of links in emails that could take you to a malicious website which poses as a normal looking one. 

Attachments

Attachments can transmit viruses so open only when expecting an email. 

Advice

You should periodically change your passwords, and make them tough to guess. Use letters, numbers and symbols if allowed. 

Check that security training is included in any induction process. It is important to explain phishing to reduce the risk of being caught by a cyber attack. Always be alert and follow the news and think before clicking links and replying to emails.

Shop only on websites with https and the padlock icon showing in the address bar.

When making purchases, use credit card over debit card as they are more likely to reimburse you for fraudulent transactions

Back up all your data regularly in the event of loss, theft or ransom demand and be careful when using wifi in cafe's, hotels etc and ensure it is the genuine network so ask the staff who work there. NEVER undertake purchases over an open network and remember if it sounds too good to be true, it's likely to be a scam. 

Post by Caroline

Post by Caroline

The benefits of Regular Accounting

 

  • See your profitability in real time

  • Up to date view of your business

  • Stay in control of your business

  • Allows a business to make informed decisions throughout the year

  • A better relationship with your Accountant - bounce ideas of each other and have more contact

  • Streamline processes

  • Access your accounts anywhere any time

  • Make better use of your time

  • improve efficiency

The Cooper Curtis team are all Xero Certified advisors, for more information contact us on 0845 303 1144 or email info@coopercurtis.co.uk.

 

 

With less than 2 weeks to go until Brian's Cycle Challenge for Maggie's, find out how his training is going!
Brian at Tissington Hall, Derbyshire

Brian at Tissington Hall, Derbyshire

On Sunday 30th April at 9am, Brian will embark on a challenging 50 mile cycle from Maggie's Oxford to Maggie's Cheltenham in aid of raising money for the fantastic support Maggie's centres offer to people living with cancer and their families. Brian has been training hard since January and here is a recent update from him; 

‘Well, there's less than 2 weeks to go until my 50 miles Charity Cycle ride for Maggie’s Cancer Charity. My training is going well and my cycle team member, Sarah Allen has kindly accompanied me to help spur me along. I cycled 40 miles on the Tissington Trail in Derbyshire 2 weeks ago and completed another 20 miles over the Easter weekend. 

A big thank you to those who have kindly sponsored me so far and there is still time for you to help me reach my £1,000 target for Maggie’s.’

You can donate to Brian's just giving page below, or email him on brian@coopercurtis.co.uk to make an offline donation.

https://www.justgiving.com/fundraising/CooperCurtis

When do I need to fill in a Tax Return?

You may be wondering why you have been sent a notice to complete a tax return, or whether or not you should be completing one for the year.

The list below explains when you need to prepare a self assessment, but should you need any further information, please do not hesitate to contact us; 

  • You were self employed at any point of the tax year (runs from 6 April to 5 April)
  • You received more than £2,500 of un-taxed income for renting property or from un-taxed savings
  • You received dividend income of over £5,000 in the year
  • Your investment income was £10,000 or more before tax
  • You made a profit from selling a second property or shares and owe Capital Gains Tax
  • You are a company director
  • Your income was more than £50,000 and you or your partner claimed Child benefit
  • You received overseas income and need to pay UK tax on it
  • You lived abroad and need to pay tax on your UK income
  • Your income was over £100,000 for the tax year
  • You were trustee of a trust or registered pension scheme
  • If HMRC have issued you with a tax return, you must still complete and submit it

If you would like any advice on whether or not you should be completing a Self Assessment, or would like help completing and filing a tax return, please call 0845 303 1144 or email info@coopercurtis.co.uk 

Post by Caroline

Post by Caroline

 Please note, all our content is for general guideline only, every case is different and we would recommend speaking to us before taking any action as a result of the content. The content was correct at the time it was published.