What Is Money?

• Money is a reward you receive for the service you render. The more valuable the service, the greater the reward.
• Thinking of ways we can be of greater service will not only help us earn more money, it will also enable us to grow intellectually and spiritually.
• It is the duty of every person to be rich

Corporation Tax

Corporation Tax Offices: http://search2.hmrc.gov.uk/kbroker/hmrc/locator/locator.jsp?type=0

Rate:

Email Marketing, Event Marketing, Online Surveys

http://www.constantcontact.com/index.jsp

ILR

Application Types: http://www.ukba.homeoffice.gov.uk/settlement/applicationtypes/

Application form: http://www.ukba.homeoffice.gov.uk/settlement/applicationtypes/applicationformset(o)/

Apply online:

http://apply.ukba.homeoffice.gov.uk/service/SETO

Settlement News:

http://www.ukba.homeoffice.gov.uk/settlement/

New Possible Changes for 2011:

http://www.ukba.homeoffice.gov.uk/sitecontent/documents/policyandlaw/statementsofchanges/2011/hc863.pdf?view=Binary

Settlement - Tier 1 - Draft:

http://www.ukba.homeoffice.gov.uk/sitecontent/documents/policyandlaw/draft-060411/t1-settlement.pdf?view=Binary

ILR Forum: http://www.immigrationboards.com/viewforum.php?f=44

When to apply:

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Where to send the application form to:

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Tax Credits

http://www.hmrc.gov.uk/taxcredits/

Who can qualify? http://www.hmrc.gov.uk/tools/taxcredits_qualify/question01.htm

http://www.direct.gov.uk/en/MoneyTaxAndBenefits/TaxCreditsandChildBenefit/TaxCredits/Gettingstarted/whoqualifies/DG_181268

Employer Annual Return

Register for PAYE Online for Employers

http://www.hmrc.gov.uk/paye/file-or-pay/fileonline/register.htm

Deadline to File Employer's Annual Return:

19th May

Employer Annual Return Forms:

P35 and P14

http://www.hmrc.gov.uk/paye/payroll/year-end/annual-return.htm

Debt Recovery Agencies

If a client doesn't pay or delay paying an invoice, there are organisations to help:

http://www.creditsafe.co.uk/

Remember that often this applies if there is not a proper structure/process in place: 'He Who Shouts Loudest Gets Paid First.'

Expenses; Use of Home as Office

http://www.hmrc.gov.uk/manuals/bimmanual/bim47820.htm

Director and Personal Tax Return

Purpose:

Tax returns are to determine how much tax you have already paid and how much tax you owe to pay.

Summary of Key points:

• You can either fill in your tax return online or on paper.
• Deadline for online tax return is 31st January after the tax year end.
• Deadline for paper tax return is 31st October after the tax year end.
• If you're on PAYE, you don't have to fill in a tax return whereas if you're a Company director you must.
• There are 2 types of tax returns; Short (4 pages) and Full (many pages!) - check whether you can just get over it by the Short Tax Return.

Links:

• Contact Self Assessment Helpline
• How to Complete the Tax Return
• The Short Tax Return
• Register for Self Assessment: http://www.hmrc.gov.uk/sa/forms/sa1.pdf

How to Run and Grow your Business?

There are plenty of good resources over the internet advertising how to run and grow your business. Best of which are:

• http://www.smarta.com

http://www.businesslink.gov.uk/taxhelp