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Member Update - September 2019
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Don’t forget to book your place at our seminars!
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The IAB has arranged two further seminars covering a range of topics including: payroll, best practice guidance to comply with the Money Laundering Regulations and much more!
The events will take place in London on Wednesday 30 October and Bristol on Thursday 7 November and are an excellent way to gain updates for your own business and your clients or the business you are employed by.
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Find out more >
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SmartVault webinar: Digital bookkeeping – How to transition safely and more profitably
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Like it or not, the bookkeeping profession is becoming more and more digital. These changes bring with them significant security concerns, as well as opportunities. Are you keeping up?
The traditional local bookkeeping practice is now required to go digital, demanding new workflows and risks. The good news is that we can leverage these systems to upgrade client engagement and more easily add premium options with less effort.
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Are you and your clients Making Tax Digital (MTD) for VAT ready? Do you know what bridging software is?
GoSimpleTax are offering IAB members a free of charge webinar covering all things VAT on 2 October at 2pm, UK time.
The content of the webinar will be available shortly along with how to sign up.
In the meantime, let us know your MTD for VAT related questions and we will ensure they are passed onto GoSimpleTax and answered on the webinar. To let us know your questions email kellyo@iab.org.uk.
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Webinar: What is Personal Branding and how does it relate to you?
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When you apply for a job, you’re pitching for a substantial investment in you by the prospective employer. Would you like to know whether the key elements that represent your personal brand are successfully justifying this level of investment?
If so, then join our latest online webinar on Personal Branding on Thursday 19th September at 19:30 BST where IAB, in conjunction with The CV & Interview Advisors, will provide high-quality information to help you excel in the fiercely competitive job market.
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Women in Business Expo announce their free seminar programme featuring over 80 sessions
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Two of the UK’s most well regarded businesswomen, Baroness Karren Brady of Knightsbridge CBE and Baroness Michelle Mone of Mayfair OBE, will be bringing their business experience to the first annual Women in Business EXPO, taking place 16-17 October at the Farnborough International Conference & Exhibition Centre.
Baroness Karren Brady will kick off the event on day one with an empowering session on business and career development, drawing on her work as Vice Chairman of West Ham F.C, a Peer in the House of Lords and Small Business Ambassador for the Government.
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Membership benefit: Payroll training for IAB members at preferential fees
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Keeping up to date with the ever-changing world of payroll compliance is a struggle. We work with The Payroll Centre, the biggest payroll learning company in the UK who offer a huge range of training, to bring you an exclusive solution that will keep you up to date without even leaving your desk.
Members can access specialist training provided by The Payroll Centre at reduced fees exclusive to IAB members.
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How to hire a competent bookkeeper
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When hiring a new bookkeeper, small business owners and bookkeeping firms generally rely on the same information to base their hiring decision – the candidate’s CV and their performance during the interview.
Unfortunately, this information is not much more effective at predicting job performance than flipping a coin. Interviewers tend to overestimate their abilities and underestimate their vulnerability as an objective observer, they ask hypothetical questions and they go with their gut instinct.
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Submitting Suspicious Activity Reports
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Suspicious Activity Reports (SARs) alert law enforcement to potential instances of money laundering or terrorist financing. SARs are made by finance institutions and other professionals including bookkeepers and accountants and are a vital source of intelligence not only on economic crime, but on a wide range of criminal activity.
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Auto enrolment: Key messages September 2019
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Do you have clients who are new employers, or thinking about employing a new member of staff? Whether they’ve been running for a while or starting a new business from scratch, their AE duties start on the first day they employ someone.
It’s crucial that employers know what they need to do, by when, and how you can help them. Encourage them to complete TPR’s online tool, which only takes a few minutes to complete.
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IAB Council Member’s Kilimanjaro Trek
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IAB Council Member, Sarah Palmer FIAB is climbing Mount Kilimanjaro later this month to raise money for the Young Women’s Trust to support more young women into work.
The Trust provides support to help young women to build their confidence, broaden their expectations and find work. Not everyone gets the same opportunities in life and for some young women right now life is tough. In fact, there are over 1 million young women across the country, many of whom are really struggling, because they are out of work or trapped in a low paid job.
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HMRC – Getting ready for Brexit
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Leaving the EU on 31 October 2019 means there will be immediate changes to the way UK businesses trade with the EU that may impact your business.
This includes UK businesses having to apply customs, excise and VAT procedures to trade with the EU, in the same way that already applies for goods and services traded outside the EU.
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The Word from Sarah: Kilimanjaro
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In her regular feature, Sarah Palmer tackles the issues that matter.
I love a challenge and more importantly I love being the person the other side of a challenge. So when I was asked to join an extreme Business Leadership and Development programme, climbing Kilimanjaro, how could I say no!
I have taken part in several major challenges, more recently the London Marathon and a Charity Horse Race at Newbury.
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IAB Privileges: Special offer: Free eye test and 50% off all lenses*
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From 1st September to 15th October 2019, Vision Express is offering a free eye test and 50% off all lenses exclusively for IAB members.
Click here to download your voucher.
You can also look forward to £30 off complete prescription glasses, 10% off sunglasses and a free three-month supply of contact lenses when you join the direct debit plan.
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© 2007-2019 International Association of Bookkeepers
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*Terms and conditions apply. See website for details. Offers subject to change without notice. IAB Privileges is managed and run on behalf of IAB by Parliament Hill Ltd.
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