Redundancy – Taxation of payments
Making any employee redundant is a difficult decision and potentially distressing for all involved. Getting the process wrong could result…
Updates and guidance on PAYE, payroll reporting, employee deductions, benefits and employer obligations.
Making any employee redundant is a difficult decision and potentially distressing for all involved. Getting the process wrong could result…
Workers are entitled to be paid the National Living Wage (NLW) or National Minimum Wage (NMW) for their age. Employers…
The Employment Allowance is an allowance that eligible employers can claim to set against their secondary (employer’s) Class 1 National…
If you need to file a self-assessment tax return for 2021/22, you must do this online by 31 January 2023…
Employers must act as a tax collector for HMRC, deducting tax, National Insurance and, if applicable, student loan deductions, from…
For 2022/23 only, the rates of Class 1 (employer and employee) National Insurance contributions are increased by 1.25 percentage points,…
Employers who provided their employees with taxable expenses and benefits in 2021/22 need to report these to HMRC by 6…
The Employment Allowance is a National Insurance allowance that eligible employers can claim and set against their secondary Class 1…
Under real-time information (RTI), employers are required to report pay and deductions information to HMRC ‘at or before’ the time…
Termination payments and Class 1A National Insurance As the Coronavirus Job Retention Scheme comes to an end, employers with employees…
Expenses and benefit returns for 2020/21 Expenses and benefits returns P11D and P11D(b) for 2020/21 need to be filed by…
Welcome to our round-up of the latest business and Covid-19 news for our clients. Please contact us if you want…
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