The Daily Telegraph has reported that HMRC have made miscalculations in millions of taxpayers’ pay and tax calculations for the 2013-14 tax year. We have already been contacted by many of our clients whose employees have received form P800 which they believe to be incorrect as the forms show they have earned more than they […] Read more »
New National Minimum Wage Rates
From 1st October 2014 the National Minimum Wage rates are increasing. Please ensure you review and amend the rates for your employees from this date. The hourly rate for employees under 18 years of age increases from £3.72 to £3.79 per hour The hourly rate for employees between 18 to 20 years of age increases […] Read more »
Flexible Working: New Rules
From 30th June 2014 the right to request flexible working has been extended to all employees. Until now, this right only applied to the parents of children under 17 or 18 in the case of parents of disabled children or those caring for an adult. All employees have a statutory right to ask their employer […] Read more »
Holiday Entitlement
With summer fast approaching, your staff will be booking their summer holidays and wanting to receive their holiday pay, so here are the basic facts for statutory holiday entitlement. * Workers have the right to get paid leave; accrue holiday entitlement during sick, maternity or paternity leave; choose to take holiday at the same time […] Read more »
£2000 Employment Allowance
So you may have seen the advert on the telly, or you may have had a lovely letter from 10 Downing Street saying the government’s new employment allowance will cut up to £2000 from your employer National Insurance bill. Around 1.25 million business employing someone will benefit from this new allowance and a third of […] Read more »
RTI: The importance of reporting Hours Worked
From October 2013, the new Universal Credits system will start to be introduced around the UK. This new benefits system will replace income support, housing benefit, job seekers allowance and employment and support allowance. Then, from April 2014, workers who are currently claiming tax credits will claim universal credits instead. It is therefore crucial that […] Read more »
Real Time Information: An Introduction
By now you would surely have heard about Real Time Information (RTI), the completely new system of reporting PAYE to HMRC. Starting from April 2013, under RTI, employers will submit information about PAYE payments to HMRC online throughout the year, rather than at the end of the year. Every time you process your payroll, your […] Read more »