I can’t owe anything, I paid at the office!

Some years back now the tax system started to change, especially where higher earners are concerned.  The result is you cannot always rely on all your tax being collected by PAYE.  Sometimes this leads to an unwelcome tax catch up bill at the end of January.  Sometimes, depending on the level of underpayment, you can [...]

By |2019-07-10T10:11:31+00:00July 10th, 2019|Payroll, Tax|0 Comments

Auto-enrolment Pensions, Rate Increases

In addition to the changes to the minimum rates of pay on 1 April, there are also increases to the Auto-Enrolment pension contributions on 6 April 2018 with further increases on 6 April 2019     Employer minimum contribution Staff contribution Total minimum contribution   To 05/04/18   1%   1% 2%   From 06/04/18 to [...]

By |2018-04-23T21:28:55+00:00April 23rd, 2018|Payroll|0 Comments

National Living Wage and National Minimum Wage

From April 2017 the rates of pay for the National Minimum Wage and the National Living Wage will be increased. The National Minimum Wage is still relevant for workers under 25 and apprentices. Anyone else is entitled to the National Living Wage From 1 April 2017 the following rates apply: National Living Wage National Minimum [...]

By |2017-05-25T11:15:05+00:00April 3rd, 2017|Payroll|0 Comments

Student Loans

From 06/04/16 there are two types of student loan, plan 1 and plan 2 and it is important that the employers and payroll administrators know which type of loan an employee may have. An employee should advise on which loan they have on either the new starter checklist or via a previous P45. If an [...]

By |2017-05-25T11:21:19+00:00October 6th, 2016|Payroll|0 Comments

National Minimum Wage

National Minimum Wage Although in April 2016 the National Minimum Wage was replaced for many by the National Living Wage of £7.20 per hour, the National Minimum Wage is still relevant for workers under 25 and apprentices. From 1 October 2016 the following rates apply: Year Aged 21 to 24 Aged 18 to 20 Under [...]

By |2017-05-25T11:21:39+00:00September 27th, 2016|Payroll|0 Comments

National Living Wage

From 1 April 2016 all employers must ensure that workers over the age of 25 are being paid at least the National Living Wage of £7.20 per hour.  To workers on minimum wage this will mean a wage increase of 50p per hour. This is a legal requirement for all businesses and unless the employee [...]

By |2017-05-25T11:22:08+00:00March 11th, 2016|Payroll|0 Comments

Shared Parental Leave

New regulations came into force on 1 December 2014 which apply to eligible parents where a baby is due, or a child is placed for adoption, on or after 5 April 2015 enabling parents flexibility in the way they take their parental leave. If an employee is eligible for Shared Parental Leave they can use it to take [...]

By |2017-05-25T11:22:35+00:00October 22nd, 2015|Business, Payroll|0 Comments