By Tom Maxwell In Advice, Blog, News, PayrollPosted 22/01/2024 Changes to Holiday Pay: What You Need to Know A recent court decision has led to simplifications in holiday pay rules, especially for those with irregular work hours. The UK government’s response to a consultation on holiday pay has [...] 0 Read More
By DBS In Advice, PayrollPosted 03/01/2024 Salary Sacrifice: A Way To Retain & Attract Employees Salary sacrifice, also known as a salary exchange, is an agreement between a business and their employee to reduce their pre-tax annual salary, in return for receiving a non-cash benefit. The [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 02/03/2022 Prepare for the Health and Social Care Levy When the Health and Social Care Levy takes effect on 6 April 2022 your National Insurance contributions may rise. The increased contributions will go towards funding the NHS, health care, and [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 13/01/2022 National Living Wage and National Minimum Wage rates for 2022 The UK Government have announced the rise in the National Minimum Wage and National Living Wage from April 2022. In full, the increases are: National Living Wage (23+) to increase from £8.91 to [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 03/02/2021 COVID-19 Update – 3 February – Guidance for furloughed directors on annual payrolls HMRC have updated their guidance to confirm any directors who are paid annually and claiming under the third version of the CJRS must align salary payments with claims. At the end of January, [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 08/12/2020 New National Minimum & Living Wage rates The government supported the Low Pay Commissions recommendations around National Minimum and Living wage and as such announced the National Living Wage will increase by 2.2% to £8.91 an hour from [...] 0 Read More
By DBS In Blog, News, PayrollPosted 07/09/2020 Why should businesses consider outsourcing payroll? Payroll is a process many businesses need to undertake. Regardless of the number of employees a company has, payroll demands time, training and attention to detail. Here, we discuss nine reasons [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 22/03/2020 Coronavirus – Payroll FAQs 1.What happens if I need to close the workplace? Job Retention Scheme – The government will assist with covering the wages of retained employees. The scheme will pay 80% of the employee’s [...] 0 Read More
By Tom Maxwell In Advice, Blog, News, PayrollPosted 13/03/2020 Important changes to payroll and pensions from April 2020 National Minimum Wage From April 1st 2020 the minimum rate you must pay your employees rises. 25 + 21 – 24 18 – 20 Under 18 Apprentice Current £8.21 £7.70 £6.15 £4.35 £3.90 Apr-20 [...] 0 Read More