Friday 11 February 2011

Warrington Consultation on overhauling the UK's PAYE tax system

Her Majesty’s Revenue and Customs (HMRC) will be conducting a consultation event in Warrington at 10.30am on Tuesday, 15th February, on its proposals to overhaul the UK’s PAYE tax system.

The event, hosted by the Warrington based employment solutions and PAYE umbrella services provider, Parasol, is open to all Warrington businesses who have an interest in PAYE schemes, providers of payroll software, providers of payroll services, employers and pension schemes and who would like the opportunity to feedback their thoughts directly to HMRC in person.

Under the current proposal HMRC, is seeking to introduce a system of real time information (RTI). This means that, under the RTI system, HMRC will collect information about tax and other deductions automatically each time employers run their payroll. This information will be submitted automatically to HMRC at the same time the employees are paid. The event will also be used to discuss any further long-term changes HMRC proposes to make to the PAYE system of taxation.

Commenting ahead of the event, Rob Crossland, Chief Executive of Parasol, said: “This is a fantastic opportunity for Warrington businesses to speak directly to HMRC, an opportunity that does not come along very often. It is also an opportunity to help shape legislation that affects us. When these opportunities aren’t taken it is difficult to complain with any credibility about the consequences. Therefore, I would urge anyone looking to attend to contact us and reserve their place ASAP.”

For those wishing to attend spaces are limited and will be allocated on a first come first served basis. RSVPs should be sent to: amanda.hignett@parasolgroup.co.uk or steven.proud@parasolgroup.co.uk

Macmillan Starlight supper event

Your evening can be small & intimate for just a few close friends or a large & loud event for everybody in your address book. You are invited to arrange your own evening & ask your guests to each make a donation in exchange for some wonderful food & no doubt great company!

Registration to hold your own Starlight Supper is now open and Macmillan will provide you with everything you need to make your evening a huge success including invitations, place cards, blank menu cards, donation envelopes, quiz sheets, paying in slips, gift aid forms and pre-addressed envelopes.

From 8pm Smooth Radio will be playing four hours of your favourite music, non-stop. There will be no commercial interruptions, no news bulletins, just great music and many mentions to listeners across the UK who are hosting their own Starlight Supper.

To register for your free fundraising pack, containing everything you need for the perfect dinner party, go to www.smoothradio.co.uk.

You can also encourage your family and friends to put up a poster wherever they can to promote the event for us.

For further information contact Sharon Cottam Corporate Account Manager, Macmillan Cancer Support Direct Line: 01925 846745, Mobile: 07801 307047

MEPC reports on a positive 2010

2010 proved to be an encouraging year for MEPC’s leasing results with 213 leasing deals generating £2.2m pa of net additional income, with a strong lettings performance at both Hilllington Park and Milton Park.

Portfolio wide vacancy rates fell below 10% which is a ‘first’ in five years. Customer retention rates at lease breaks/expiries is still amongst the best in the industry at 86%.

MEPC confirmed plans to prepay £102m of the £470m loan securitised via Opera Finance (MEPC) plc in early 2011. Rick de Blaby, Chief Executive comments ‘MEPC is now positioned for a new and exciting phase of activity and performance in 2011 where we will continue to focus on driving revenue and maintaining customer focus to deliver investment performance’.