CMI CHARITY EVENT AND DINNERA highly interactive, informative and practical Charity Christmas Event recently took place in the Conference Room of the NWRC Northland Building.
On December 12, 2012, Tony Macaulay read from his bestselling memoir "Paperboy" in a bid to inspire all attendees to set their sights high for the City Of Culture and beyond. He drew on thirty years of experience in community development, peace building and leadership to address issues such as nurturing a positive mindset and growing through charities.
An enjoyable time was had by all at the event, which included dinner served at the campus's Flying Clipper Restaurant. Donations from each ticket were shared between St. Vincent De Paul and The Salvation Army for their Christmas appeal.
"HOW TO INCREASE PROFITS THROUGH A BETTER CUSTOMER EXPERIENCE"On November 29, 2012, Support My Business NI and CMI hosted a free masterclass in How To Increase Profits Through A Better Customer Experience in the meeting room of Dawn McLaughlin & Co.
James T. Coyle, the director of JCR Network Services, focused on developing a customer experience that went beyond "me too" customer service, was difficult to replicate by competitors, could be delivered constantly at every customer touch point and offered a chance to drive growth through delighting one's customers.
The event was hailed as extremely useful and highly beneficial by all those who attended.
The Chartered Management Institute (CMI) recently staged a highly interactive, informative and practical seminar entitled "Impact Of Image" in the meeting room of Dawn McLaughlin & Co on Wednesday 26 September.
Chaired by Antoinette Britton, director of Britton Consultants Ltd, the seminar focused on the importance of image in business. It addressed issues such as why image matters, one's professional mindset, and what is never acceptable in business. Those who attended learnt about the where's, why's and how's of their present and future image in the workplace.
The seminar was a great success and feedback was extremely positive.
NOW WE HOST YOUR MEETINGS THEATRE STYLE...
Our new meeting room offers the perfect environment in which to engage, collaborate, make contacts and do business.
The recent relocation of Dawn McLaughlin & Co has provided an ideal facility for meetings, workshops and training sessions. The layout of the new meeting room can cater up to thirty delegates, theatre style.
Smooth Meetings, Easy Access
Our dedicated team will ensure that you have access to all the facilities and services required to help your event run smoothly, be it an interview, a one-to-one session, a formal board meeting or a seminar.
The new offices are surrounded by ample car parking space and feature full wheelchair access to the new room, which is situated on the ground floor.
Contact Conor to discuss your event requirements.
SOON YOU MAY BE ABLE TO PAY FOR A BUSINESS LUNCH WITH YOUR iPHONE
According to the latest tech-blurb, Apple may implement “near field communication” technology (NFC) in the next iPad and iPhone, allowing users to make purchases directly from these devices. Futurists and techies alike have long heralded the dawn of the cashless society and now it seems closer than ever.
Numerous reports have suggested that NFC technology will be introduced in the upcoming updates of both the iPhone and the iPad this year, citing inside information from engineers working on the new hardware. Never being a firm to miss an opportunity, Apple is said to be introducing a mobile payment service from mid-2011 and could even redesign iTunes to allow it to hold loyalty credits and points. Users will also be able to use credit information or Apple gift cards to make real-world purchases.
Apple has reportedly already developed a prototype of the payment terminal and may heavily subsidise it to encourage fast take-up of the technology. The technology apparently allows users to send and receive information at a distance of 10 centimetres (4 inches), which can be used to make purchases of goods directly from a mobile phone, using the handset as a debit or credit card.
Google recently made its latest version of Android compatible with the technology, so it would make sense that Apple would want to access this market, too. The iPhone 5 has been rumoured to have NFC technology. If it happens, it could trigger a huge growth in mobile payments, considering Apple’s ability to make a product become a consumer “must have” accessory.
DON’T PRINT MARKETING MATERIAL IN-HOUSE - Dawn McLaughlin
During these tough economic times, many firms are cutting costs wherever they can and may be tempted to try printing brochures, flyers and other marketing materials in-house. This is a huge mistake and not only as a matter of design, but the cost involved in terms of time, effort and ink means it’s not really worth attempting to produce marketing materials in house.
DesignIt is possible to design a decent layout and colour scheme using desktop publishing programs, but the result will lack the sparkle of professionally designed marketing materials. If you really must save money where possible, download a professionally designed template from a graphic design website and give this to your print company. The results will be far superior to a home-made design.
CostMany business people don’t realise just how expensive it is to print marketing materials in the office. Although mono colour document printing can be very cheap, full colour printing on costly, high quality paper is hugely expensive. If you are doing a print run of more than 10 copies in colour it is almost always cheaper to outsource to a print company. With digital printing these companies can now to cost effective, short run print jobs.
Top Ten Turn Off's To Doing BusinessA survey of consumers established the following as the top 10 turn off's to doing business:
News & EventsSECURE OFFICE COMPUTINGWe are holding our monthly business support session on Wednesday 22 May 2013. Meeting starts with presentation by Iain Young, IT Security Consultant on safeguarding your computers, data and systems. This is a must for anyone who uses IT in their business.
See the attached Flyer for details and let me know if you are interested in attending.
ARE YOU "LINKED IN"?
Whilst more and more business people are using LinkedIn as part of their networking strategy, thousands are still not harnessing the true power of LinkedIn. Whether it’s to keep contacts up to date, meet potential new clients or get up to date information from industry groups, LinkedIn is a powerful business tool, a must have.
Imagine having your own online presence, free of charge and with unlimited space.Imagine a place where you can:
• Have access to VIRTUALLY LIMITLESS prospects that can be leveraged for you and your business• NETWORK with true professionals on a regular basis• Have people RECOMMEND your work and your work ethic • Let companies and recruiters know WHO, WHAT and WHERE you are.
That's what LinkedIn can do for you.
Once you have your own personal profile, the prospects and possibilities are limitless. But you might not know how or where to make a start, and that's where Alador can help.
Alador Limited is running a LinkedIn workshop for novices, which will prove invaluable to you and your business.
For just £30, the trainers will:
• WALK YOU THROUGH the set-up process to create your own personal LinkedIn account• Assist with the BUILDING of your Profile to optimise your potential market opportunity• Help you how to find and join relevant GROUPS• Demonstrate the process of adding CONNECTIONS• Show you how LinkedIn can be used to get RECOMMENDATIONS and ENDORSEMENTS
As a bonus, you will receive the ebook - top twenty tips for mastering LinkedIn.
Don't miss out – sign up NOW as places are limited!
Workshop: Sat 23 Feb - 10am to 12pm
For more information, contact Conor on 028 7137 0886 or firstname.lastname@example.org.
BE ON TIME WITH REAL TIME
Get ready for the biggest shake up in payroll history. Real Time Information (RTI) will be with us in April 2013 and you need to be ready.
The idea is that HMRC can contact employers regarding any changes to their employee’s mid-year reducing the number of tax refunds and reclaims being processed in subsequent years.
How does this help you the employer?
The consensus of opinion is that RTI will create an administrative burden on business. Only time will tell? In the meantime you need to make sure you are ready.
Processing procedures need to be considered in advance of the date to ensure the relevant deadlines are met. HMRC have confirmed that penalties will be applied for late or inaccurate returns, however inaccuracies on in-year returns (FPS) will be relaxed for 2012/13.
Information identified as crucial to the RTI system includes employee’s surname, forename, gender and date of birth. The address is also mandatory for new starters but not existing employees. NI number is desirable however not knowing the NI number for some of your employees will not stop submission to HMRC.
We would strongly recommend that you contact your accountant or payroll bureau for advice on how this change will affect your business.
Dawn McLaughlin and a fellow professional, John Gale, have been discussing financial nightmares and thought that you should be made aware that yours could be just around the corner.
Did you realise that over 1 million families will be caught by the Government’s new rules for retrospective means-testing of Child Benefit payments, which came into effect on 7 January 2013?
Click here to read more.
Italian Giulio Gatto (above) recerntly did his traineeship at Dawn McLaughlin & Co. After obtaining his masters in Economics & Finance, Giulio seized the opportunity to train abroad. Five months following his arrival at the practice, he described coming here as "a very good choice".
He said, "Besides my improvements in speaking and understanding English, I learnt the main processes and procedures about keeping accounts, realizing how the management of company accounts works and how important and interesting the services offered by an accounting office are.
"Since the day I started, my work colleagues have proved very helpful, approachable and kind, always willing to explain any doubt and to please whatever request. Generally speaking, during my stay here I found Ireland lovely and Irish people very friendly; I enjoyed much of their way of life and had great times. For that I would advise everybody to go through the same experience."
The practice is pleased to announce the arrival of Simon Fallaha as a Marketing Assistant. A qualified journalist with an accounting background, Simon is hopeful he can bring his skills to helping Dawn McLaughlin & Co grow as a business.
A big congratulations to two members of our team on their recent exam success.
Leanne is studying with Chartered Accountants Ireland and has just passed her CAP 2. She is now planning to complete her Final Admitting Examinations over the next year.Conor is studying with the Association of Chartered Certified Accountants and has just passed the first stage of his exams.
HM Revenue & Customs are reminding employers that they must be in receipt of cleared funds for PAYE by the payment date.
If payment is made electronically this is the 22nd of each month. However when the 22nd falls on a non-banking day (weekend or bank holiday), HM Revenue & Customs must have cleared funds by the last bank working day before the 22nd.
If you are paying by cheque this must be received by HM Revenue & Customs by 19th of each month. However when the 19th falls on a non-banking day (weekend or bank holiday), HM Revenue & Customs must have received the cheque by the last bank working day before the 19th. Please make your cheque payable to 'HM Revenue & Customs only' and return to our office. To allow for possible postal delays (for which HMRC is not responsible) please allow at least three working days for the payment to reach them. Therefore for clients that require us to pass on payment, the cheque should be sent to our office by the 13th of each month.
Monthly or quarterly PAYE payments
You will not be charged a penalty if only one PAYE amount is late in a tax year - unless that payment is over six months late.
The amount of the penalty will depend on how much is late and how many times your payments are late in a tax year. So if you pay part of what is due on time then any penalty will only be charged on the part that is late. The table below shows how the penalties are calculated.
Penalty charges for late monthly and quarterly PAYE payments
No. of times payments are late in a tax year
Amount to which penalty percentages apply
No penalty (as long as the payment is less than six months late)
Total amount that is late in the tax year (ignoring the first late payment in that tax year)
11 or more
Additional penalties for monthly and quarterly payments over six months late
If you have still not paid a monthly or quarterly amount in full, after six months you may have to pay a penalty of 5 per cent. A further penalty of 5 per cent may be charged if you have not paid after 12 months. These penalties may be charged in addition to the penalties for monthly and quarterly payments described in the previous section and apply even where only one payment in the tax year is late.
If you require any further information on the above information give us a call and we will help.
If you miss the deadline, the longer you delay, the more you'll have to pay. So it's important to send your tax return to HMRC as soon as you can.
These penalties are for late tax returns for year ended 5 April 2011. Avoid the penalty, file your tax return on time.
The Revenue Commissioners have today become aware of another fraudulent email purporting to come from Revenue seeking personal information from taxpayers in connection with a tax refund. This phishing email is headed "Please Submit Your Payment Refund" and advises recipients that "Following an upgrade of our computer systems and review of our records we have investigated your payments and latest tax returns over the last seven years our calculations show that you have made over payments of €175.25". A "Click here to claim your refund" opens up a form seeking personal information, including debit/credit card details, that is attached to the frameset of the www.revenue.ie website.This email, which is the latest in a succession of scams targeting Irish taxpayers, did not issue from Revenue.The Revenue Commissioners never send emails which require customers to send personal information via email or pop-up windows. Anyone who receives an email purporting to be from Revenue and suspects it to be fraudulent or a scam should simply delete it. Anyone who is actually awaiting a tax refund should contact their local Revenue Office to check its status.Anyone who provided personal information in response to these fraudulent emails should contact their bank or credit card company immediately.
Mailing ListIf you would like to subscribe to our mailing list please click here.
As members of Chamber of Commerce, Chartered Management Institute and Women in Enterprise we may throughout the year send you details of upcoming events that they will be hosting.
Available DownloadsPlease click on the link below to view the latest issues of our Newsletter and Tax Bulletin.Newswire, Edition 2, 2013