Posted in PAYE, Payroll
April 29th, 2025
The government has announced additional time to prepare for the introduction of mandatory reporting and paying of Income Tax and Class 1A National Insurance Contributions (NICs) on benefits in kind…
Posted in PAYE, Payroll, Tax
April 7th, 2025
From 7 April 2025, recipients of the State Pension will see a 4.1% increase, bringing the new full weekly payment to £230.25. This uplift is part of the government’s ongoing…
Posted in PAYE, Payroll, Tax
April 1st, 2025
The National Minimum Wage (NMW) is increasing across all age brackets, with some of the most significant rises seen for younger workers. Workers aged 21 and over will now be entitled…
Posted in Accounting, PAYE, Payroll, Tax
March 28th, 2025
For employers and employees, one of the most notable changes in 2025/26 is the increase in Employers’ National Insurance Contributions (NICs), which will rise from 13.8% to 15%. This change means…
Posted in PAYE, Payroll, Tax
March 1st, 2025
Two major economic indicators will be released in the autumn of 2025, shaping decisions on pensions, benefits, and general cost-of-living adjustments. These figures, published by the Office for National Statistics…
Posted in PAYE, Payroll
February 7th, 2025
Changes are coming to the way businesses handle employee benefits. From April 2026, HMRC will make payrolling of benefits mandatory, replacing the traditional P11D submission process for most employers. This…
Posted in PAYE, Tax
September 9th, 2021
Yesterday the government announced tax changes to fund £12 billion a year to be spent on the NHS and social care across the UK. National Insurance contributions (NICs) will increase…
Posted in PAYE, Tax
March 5th, 2021
Allowances and thresholds update for 2021/22 Personal allowance £12,570 Basic rate band £37,700 Blind person’s allowance £2,520 Married couple’s allowance (born before 6/04/35) £9,125 Income limit for age-related allowances £30,400…
Posted in PAYE
March 5th, 2021
It was announced this week as part of the Budget that the CJRS furlough grant scheme has now been extended to 30 September 2021. Employees will continue to receive 80%…
Posted in Accounting, COVID-19, PAYE, Tax
March 5th, 2021
Following the Chancellor’s Budget on Wednesday, we have updated our resource page for our spring newsletter. Focusing mainly on the budget. If you haven’t taken a look already, download now.…
