Mr Anchovy

Passenger mileage payments for the self employed

MrAnchovy — Mon, 30 Apr 2012 20:07:37 +0000

Many people are aware that for 10 years now, companies have been allowed to pay employees who carry at least one colleague in their car for a business journey an additional 5p per mile on top of the normal 45p.

However if you are self-employed, you have not been able to claim anything extra when carrying a passenger.

But a page has just been updated on the HMRC site which states that the self employed can now claim this as a business expense – backdated to 6 April 2011!

As many self employed people and their advisers are preparing tax returns for 2011/12 right now, this is definately something to bear in mind.

Childminder tax changes from April 2012

MrAnchovy — Wed, 30 Nov 2011 18:00:36 +0000

Most childminders working in the UK are affected by changes to Income Tax and National Insurance. In his Autumn Statement on 29 November 2011, George Osborne announced the changes that will take effect from April 2012.

Here are the changes that will affect most childminders*:

Class 2 National Insurance goes up by 15p to £2.65 a week.
The personal allowance goes up by £630 to £8,105 a year.
The start point for Class 4 National Insurance goes up by £380 to £7,605 a year.

So most childminders will pay an extra £7.80 over the year in Class 2 contributions, but the tax bill to be settled in January 2014 will be £160 less than it would otherwise have been to leave them £152 better off. Most employees fare very slightly better with a £170 a year reduction in tax and national insurance.

Childminders assistants will benefit in the same way as nannies and other employees, with a saving of up to £57 a year in Employer’s National Insurance for their employer.

*Calculations assume that the childminder is not entitled to any additional personal allowance or alternative National Insurance rate for example due to being aged 65 or over.

Based on information published as at 29 November 2011 – errors and omissions excepted.

Nanny tax changes from April 2012

MrAnchovy — Wed, 30 Nov 2011 17:32:06 +0000

Most nannies working in the UK are affected by changes to Income Tax and National Insurance. In his Autumn Statement on 29 November 2011, George Osborne announced the changes that will take effect from April 2012.

Here are the changes that will affect most nannies*:

The personal allowance goes up by £630 to £8,105 a year. This leaves an extra £2.42 a week in your pocket.
The start point for National Insurance goes up by £7 to £146 a week. This leaves an extra 84p a week in your pocket.
So overall, most nannies will pay £3.26 a week less Income Tax and National Insurance.

Employers also get a break, with an £8 increase in their NI thresold to £144 a week, saving them £1.10 a week.

*Calculations assume that the nanny is not entitled to any additional personal allowance or alternative National Insurance rate for example due to being aged 65 or over, and that the nanny does not have a net pay contract.

Based on information published as at 29 November 2011 – errors and omissions excepted.

Another Mumsnet spreadsheet

MrAnchovy — Thu, 17 Mar 2011 17:24:34 +0000

Another problem posed in a post on Mumsnet which I had some time to answer. I hope I understood the question!

File download

File: 2011-03-17-two-tables.xls
Size: 32kB  License: Freeware

Click to download …

The old KISTAX site

MrAnchovy — Tue, 22 Feb 2011 21:57:38 +0000

The calculator that used to be hosted at caclulator.kistax.com has moved. Click the button below to go to the new location:

www.mranchovy.com/calc

Linking Excel workbooks into a summary sheet

MrAnchovy — Sun, 29 Nov 2009 11:01:25 +0000

I produced the attached sheet in answer to this query on Mumsnet. This is a skeleton solution with not much by way of formatting or layout and doesn’t have the usual amount of documentation or instructions, but if you are reasonably confident in Excel you should be able to use it to generate a summary which links in to any number of workbooks which have the same layout as each other.

Note that it must be saved in the same directory as the linked workbooks and you will need to enable macros.

File download

File: Summary.xls
Size: 48kB  License: Freeware

Click to download …

The sky above the pyramids

MrAnchovy — Sun, 30 Nov 2008 13:57:42 +0000

This image was created from Your Sky and is an horizon view from 29°57′N 31°6′E, azimuth 0° (N) Sat -2500 Nov 30 3:13 UTC.

A WWE Fan

MrAnchovy — Mon, 17 Nov 2008 00:23:35 +0000

If you have come here from this thread on mumsnet, then you are in a loop!

The image is no longer available here.

Sales invoice register

MrAnchovy — Sun, 19 Oct 2008 21:00:59 +0000

This spreadsheet was created in response to a thread on Mumsnet. Feel free to download it by clicking on the button below. You may use it as you wish, subject to the notice shown under “IMPORTANT INFORMATION” in the spreadsheet.

If you find this spreadsheet useful (or not!) please leave a comment on this page.

File download

File: SalesInvoiceRegister.xls
Size: 37kB  License: Freeware

Click to download …

PSP blogging

MrAnchovy — Sun, 11 Feb 2007 09:24:00 +0000

It is possible to blog using a PSP, but the text entry system makes it impractical.