Sunday, November 28, 2010

What is the oppertunity of having dual degrees ?

What is the oppertunity of having dual degrees ?
What is the oppertunity of having dual degrees ? Like if he is a chartered accountant and later he becomes an electronic engineer or maybe an architect ? Will he be considered very important person in his company when he starts his work or he's a useless ?? Will he be paid good or it depends upon the company .
Engineering - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
The benefit of having two degrees is that you have academic experience in two fields of study. For instance if you had a bachelors degree in both engineering and marketing, you would have a better understanding of both the technical aspects of a project, as well as understand how to market your product or project to potential clients. As far as being considered a very important person in a company, that would depend on many things. For example, if a person had two degrees and took a job working with Google, that person would not be as important to the company then if they worked for a small 12 person design firm. Basically, having two degrees means that the individual has experience in two areas of studies, and can apply their knowledge to a broader area than a person with one degree. As far as pay scale, pay depends on much more than just how many degrees you have.

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Sunday, November 14, 2010

How can I get P60 that is owing to me from a company that has gone into lidquidation?

How can I get P60 that is owing to me from a company that has gone into lidquidation?
The company that I had worked for last year, when into liquidation. They owe me 3 year P60, the company accountant on asking last year before the company went into liquidation refuse to give it to me.
Corporations - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
jobcentre will sort new one out
Answer 2 :
Either contact your local jobcentre or your tax office and they will sort it out for you.
Answer 3 :
If the company is in liquidation, you are unlikely ever to get these forms. You could ask HMRC for a letter setting out your pay and tax for those years, but my guess is that the company has not made returns to them either.
Answer 4 :
Try the Official Receiver for the company, but it may be that company boss didn't keep records, and there will nothing for OR to reconstruct. I'll bet suerye is right, and that company has sent nothing to HMRC. Your query is out of scope for Jobcentre, they won't be able to do anything. You could contact tax office, ask what details are held on your record for the last three years. If pay and tax details are held, they can send you signed letter on headed notepaper. That has similar status to form P60, although it won't show NIC info. Did you keep, or even have, any payslips? May be useful if employer has not been sending in your information.

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Sunday, November 7, 2010

How do you register your business?

How do you register your business?
If I bought a building with planning permission to be able to make it a hotel. Do I need to register it as a business? And what sort of people would I need to bring in, I know architect. But do I need a business advisor/accountant?
Small Business - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
There are several types of business. You are probably looking at a choice beween "sole trader' - ie, you working for you - or a 'limited company' - you working for the company which you own. In the first case, there is no need to register the business, but you need to make sure the tax man knows about your business within (iirc) 12 weeks of starting. In the second case, the company needs to be registered at Companies House. There are many firms that can do this within 24 hours for £50 - £100. Google "Company formations". Either way, an accountant would probably be able to make sure everything is done correctly and ensure you get all the allowances you are entitled to. Accountants fees are generally allowable against your tax bill.


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Monday, November 1, 2010

How much is an employer supposed to pay towards spectacles?

How much is an employer supposed to pay towards spectacles?
I work as an accountant and I have been told that my employer pays towards a pair of glasses if necessary. Does any one knows how much?
Careers & Employment - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
I get the test + £80 towards glasses if for work use ONLY. I am not sure if this is the law or if they can choose how much to pay towards them. I think its the law for a free eye test if you work twith computers and I'd say you do mate. Good luck get what you can from them.
Answer 2 :
You'll need to check the benefits on the medical insurance package you have. It may differ from company to company.
Answer 3 :
I suspect they'll only pay if the prescription states explicitly that the requirement is exclusively for work use - e.g. VDU use.

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