M ∙ A ∙ S If you have anything you would like to contribute to the newsletter, then please do not hesitate to give us a call.

Changing channels.... The Diary Service has recently changed its phone numbers to provide you with a better service, please try and use these numbers from now on.

The diary telephones now operate through digital channels not lines - giving you a clearer line and a better service. You will rarely get the engaged tone when dialling, and there will be no cost to you until the call is taken. Diary co-ordinators are now dedicated to your side of

the diary service - therefore being able to give you a better and faster service. Transfers can be made from one side of the diary to the other, so there is no need to redial. Please use these numbers from now on - the old numbers will eventually be phased out.

STRING PLAYERS 01306 500011 ALL OTHER PLAYERS 01306 500022 MASTERS YARD, 180A SOUTH STREET, DORKING, SURREY, RH4 2ES. E-MAIL mas@maslink.co.uk.

The new individual savings account (ISA) will come into effect on 6th April 1999 and is guaranteed to run for at least 10 years offering certainty to people who want to use the plan for long term savings. These arrangements for ISA’s are good news for existing PEP investors. So, you can go on putting money into your PEP until the end of the tax year on 5th April 1999 safe in the knowledge that your funds will continue to enjoy the same tax breaks into the future. So in other words, beyond April 6th 1999, your PEP will be allowed to remain in force, benefiting from the same tax breaks that are available now. In addition you’ll be allowed to subscribe to the ISA (£7,000 in one year and £5,000 in subsequent years). The main features of the ISA are that you’ll be able to put £5,000 per annum into the plan of which no more than £1,000 can go into

cash and £1,000 into life insurance. However, in the first year of the scheme (tax year 1999 - 2000) the limit will be £7,000 of which no more than £3,000 can go into cash and £1,000 in to life insurance. The account will be completely free of tax (no capital gains, no income tax on dividends) and just like PEP’s, there will be no statutory lock in or minimum subscription needed to invest. And, there is no lifetime limit on the amount of money you can build up in your ISA. For further information, contact our independent advisor, Robert Turrell on 01732 743092 Regulated by the Personal Investment Authority.

We would like to welcome Helen to the Diary Team. She has a music degree from Southampton University, and plays the flute. Also, Clare has joined us from Cardiff University where she studied Music, and is a singer. You may also like to know that Heidi has left us to study at Exeter to be a Music teacher.

Our current staff are : Manager - Isobel Senior Co-ordinator - Louise Celia, Dan, Tania, Fiona, Beth, Abbie, Sophie, Angela, Helen and Clare.

Are you a young professional within two years of leaving college? Phone us for our unique deals including 50% off first years subscription

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Our current CV publication is about to be sent out. If you would like your CV to be entered into the next update then please send it to the diary. CV queries can be dealt with by Tania or Isobel. SEE ALSO OUR WEB SITE

MATERNITY - We are currently offering a free quarter to any one who is a new or expectant mum. If you have stopped working because you are pregnant or because you have just had a baby, you could be entitled to a free diary quarter. You must let us know if you are eligible - it is not done automatically. Call Isobel for details!

1997/98 Second Payment On Account The 1997/98 second payment on account was due on 31st January 1998. Each 1997/98 instalment was based on half of the 1996/97 liability, unless election had been made to reduce the payments on account. Most self employed tax payers will now be aware of the punitive interest regime under self assessment. If the second 1997/98 payment on account was late, the Revenue will charge interest at the rate of 9.5% of the over due tax. There is no deminimis limit on the interest charge, with the Revenue issuing demands for the smallest amounts, despite the processing costs of a demand being estimated at £35!

1997 Tax Returns The filing deadline for the 1997 returns was 31st January 1998. Returns submitted after thisdateare liable to a £100 automatic penalty. If the returns were still outstanding at 31st July 1997 a further penalty of £100 is payable. These penalties are reduced to the amount of the tax liable if that is less. Inland Revenue estimates indicates that there are still over 1 million returns still outstanding.

Mike Harding. Harding Whiteman. 36 Rose Hill. Sutton. Surrey. SM1 3EU. Tel: 0181 641 0102 Fax:0181 641 4002

The MAS clients listed below have recently changed address and/or telephone numbers; please check with MAS for details. JO HENSEL – CAROLYN SCOTT – ALISON BRYCE – ROSEMARY SANDERSON DAMARIS WOLLEN – ANDY GRAPPY – CLAIRE BENTLEY

David Harrison has now returned from Portugal.

Mark Howells would like all to know that he is leaving the BBC Symphony as of Sept 12, 1998 and will then be fully available for freelance work.

The Bulletin Board continues to be popular, if you would like your change of address or telephone numbers included then give us a call. Changes will not be made automatically.

NOTICES

Yamaha YAS 62 Alto Sax 2-3 years old. Mint condition played for approx. only 2 years £1200.00 ono Contact Richard Smith at the Diary Service.

The M.A.S website is currently under construction at: www.maslink.co.uk This will include amongst other things, a copy of the C.V. brochure IF YOU DO NOT WANT YOUR DETAILS PUT ON THE INTERNET THEN PLEASE LET US KNOW IN WRITING.

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Please feel free to mail us at mas@maslink.co.uk