The Importance of Getting Payroll Right

The Importance of Getting Payroll Right

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...
National Living Wage set to increase by 6.2% in 2020

National Living Wage set to increase by 6.2% in 2020

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,...
Working off payroll – IR35 Explained

Working off payroll – IR35 Explained

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...
Hiring your first employee.

Hiring your first employee.

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...