by katy | May 27, 2023 | HMRC, Payroll
A business’ payroll system is fundamental in operations. Paying staff accurately and on time is the cardinal rule of payroll. Not paying employees for their work is the quickest way to upset them at a moment’s notice. However, it’s not as...
by katy | May 18, 2023 | HMRC, News, Payroll, Tax
For some time, it has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary. The gap between the two has narrowed in the past few years, and with the recent...
by scott | May 13, 2020 | Covid-19, HMRC, Payroll
On May 12th, the Chancellor announced an extension to the Coronavirus Job Retention Scheme, which will be extended to October 2020. Coronavirus Job Retention Scheme will continue until end of Octoberfurloughed workers across UK will continue to receive 80% of their...
by scott | Jan 29, 2020 | HMRC, Payroll
From 1st April 2020 low-paid workers will receive a 6.2% pay rise with a new National Living Wage (NLW) of £8.72 per hour up from from £8.21. Nearly 3 million workers are set to benefit from the increases to the NLW and minimum wage rates for younger workers,...
by scott | Nov 16, 2019 | Payroll
Changes for working off-payroll are on the horizon from 6th April 2020, but what does this actually mean for you or your business and whom will this affect? Let’s start by explaining what the IR35 actually is. IR35 is a piece of anti-avoidance tax legislation which...
by scott | Oct 18, 2019 | Payroll
It’s a big step for any sole trader to start thinking about hiring your first member of staff. As your accountants, we can help you make a well-informed decision based on what your figures say. This can help you plan ahead and put your mind at ease. Here are a few...
