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 Payroll
March 8th, 2021
The National Minimum Wage and National Living Wage rates will increase on 1 April. In addition to the new rates, the age from which workers become eligible for the National…
Posted in Accounting, Bookkeeping, Payroll, Tax
March 5th, 2021
Engine Petrol Diesel LPG < 1400cc < 1600cc 10p 10p 9p 9p 7p 7p 1400-2000 1601-2000 12p 12p 11p 11p 8p 8p > 2000cc 18p 12p 12p NB Electric…
Posted in COVID-19, PAYE, Payroll
November 6th, 2020
Yesterday the Chancellor announced that CJRS will be extended until the end of March 2021 for all parts of the UK. For claim periods running to 31 January 2021, the…
Posted in COVID-19, PAYE, Payroll
October 1st, 2020
Changes to the Coronavirus Job Retention Scheme from 1 October mean that employers will need to fund 20% of furloughed employees’ usual wages for the hours they do not work…
