Payroll
Posted 22nd Jan 2024 in News, Advice
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...
Posted 03rd Jan 2024 in Advice
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....
Posted 02nd Mar 2022 in News, Advice
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,...
Posted 13th Jan 2022 in News, Advice
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...
Posted 03rd Feb 2021 in News, Advice
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...
Posted 08th Dec 2020 in News, Advice
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...
Posted 07th Sep 2020 in News
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...
Posted 22nd Mar 2020 in News, Advice
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...
Posted 13th Mar 2020 in News, Advice
Important changes to payroll and pensions from April 2020
National Minimum WageFrom 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...
