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Member Update - January 2018
A Happy New Year to all our members!

Happy New Year from everyone at the IAB! We are looking forward to an exciting year ahead and we hope you all have a very successful 2018.

Your Business with James Caan Magazine

The IAB is featured in the latest edition of Your Business with James Caan Magazine, with an article about the importance of hiring a qualified bookkeeper.  The magazine is ideal for anyone seriously thinking about starting a business, if you have just taken those first baby steps towards your launch, or are perhaps six months down the line and still learning as you go.

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Are you ready for GDPR?

The General Data Protection Regulations (GDPR) are coming, but are you prepared for them?

To help small businesses comply with the regs, the Information Commissioner’s Office (ICO) has produced practical advice on how to comply with data protection law and how to improve data protection practices, including how to keep employees’ and customers’ personal information secure and how to get ready for the data protection reforms.

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Auto enrolment: Key messages January 2018

Are your clients growing their business in 2018 and taking on new staff? Automatic enrolment duties will apply - make sure they know what they’ll need to do. 

Growing a business may mean taking on more staff and this means there are a number of things to consider, including automatic enrolment. Automatic enrolment is a legal duty for all employers, so it’s important they know what they’ll need to do. 

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Card surcharge ban means no more nasty surprises

Hidden charges for paying with a debit or credit card have been banned through a new EU directive.

So-called ‘surcharging’ has become commonplace, particularly online, with many retailers hitting people with surprise charges just before they are about to make a purchase. Some retailers have been known to add charges that are far higher than it costs them to process a payment. It is estimated that surcharging cost Brits £166 million in 2015.

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Special offers for members on Excel courses

Are you tired of struggling with Excel? Do you want to use Excel with ease to solve complex problems, automate spreadsheets, and master graphs for presentations instead of pulling your hair out?

Excel with Business can help!  They are a global leader in Microsoft Office & IT skills training and there are discounts available on courses for members. 

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Membership renewals

Thank you to everyone who has renewed their professional membership for 2018.  If you haven’t yet renewed, this is now overdue.  However, you are still able to renew.

Please note as part of the renewal process you will also need to complete the renewal statements document which was sent with the letter in October.  You are also able to complete these renewal statements online here: https://www.iab.org.uk/renewal-statements/.

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New technical newsletter for members

As a benefit of being a professional member you were previously sent a newsletter called CCH Practice News.  This has now been replaced with a new publication, provided by Croner-i, called Kestrian Small Practitioner, which will be emailed to you every month.

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Tax changing in Wales

The Welsh Government and the National Assembly for Wales is to become responsible for some of the taxes paid in Wales in April 2018.

Three taxes in Wales will be affected: Stamp Duty Land Tax; landfill tax; and income tax.

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The Word from Sarah: 24hrs

In her regular feature, Sarah Palmer tackles the issues that matter.

I have just come home after parents evening and I am compelled to share the message contained in the headmasters speech. His message was targeted at 14 year olds but I felt that it applied as much to me as it did to them!

The essence of his message was that 24 hrs is a long time so therefore a lot can be achieved. 

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IAB Privileges: Travel for less

Inspire specialises in tailor-made travel to suit any budget. Whether it’s the adventure of a lifetime or a city break you’re looking for, our experienced team will be able to find the perfect break to suit you.*

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International - Economists call for overhaul of euro zone, creation of joint 'safe assets'

Leading economists from France and Germany on Wednesday weighed in on the politically heated debate about making the euro zone more resilient during any future crises by calling for new fiscal rules and the creation of a virtual euro-area “safe asset”.

Read the full article on Reuters >
© 2007-2018 International Association of Bookkeepers

*Terms and conditions apply. See website for details. Offers subject to change without notice. Prices apply to new bookings only and are subject to availability and cannot be used in conjunction with any other offer. Prices include fuel supplements, APD & APC charges. Transfer fees may apply. Offers based on standard rooms. Inspire reserve the right to amend prices and details. Full balance payable if booked within 10 weeks of departure. IAB Privileges is managed on behalf of IAB by Parliament Hill Ltd.

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