by F4studio_Train | Dec 18, 2019 | Finance, Online
Dealing with HMRC in Relation to New Employees When recruiting a new employee, it is important to observe HMRC’s rules and regulations concerning pay, tax, National Insurance contributions, and employment status. You need to accurately report this information in a...
by F4studio_Train | Dec 18, 2019 | Finance, Online
How to Calculate Net and Gross Pay Good payroll management is key to the running of a business. Fortunately, this is a relatively simple matter now that we have software packages able to calculate tax, National Insurance contributions, and other deductions that need...
by F4studio_Train | Dec 18, 2019 | Finance, Online, Personal Development
THE HMT SANCTIONS LIST & CUSTOMER IDENTIFICATION HM Treasury maintains comprehensive records of all persons and entities currently subject to sanctions. This means that they face financial restrictions, usually on the basis of their links with terrorist activity...
by F4studio_Train | Dec 18, 2019 | Finance, Online
The Proceeds of Crime and Terrorism Acts Certification The Proceeds of Crime Act (POCA) 2002 and the Terrorism Act (TACT) 2000 are key pieces of legislation that were drawn up to assist the UK government to identify instances of money laundering and terrorist...
by F4studio_Train | Dec 18, 2019 | Finance, Online
What is Money Laundering? The term “money laundering” is any process that conceals the origins of money obtained by illegal means. It makes money “clean” by rendering it untraceable. Money laundering is a serious offence, as it allows people to make money from...
by F4studio_Train | Dec 18, 2019 | Finance, Online
The National Minimum Wage Certification The National Minimum Wage ensures that UK workers receive a fair wage. If you are an employer, you must pay your workers this wage or else face severe penalties. However, the National Minimum Wage varies between age and...
