Should I outsource payroll?
Below we highlight everything you need to know about outsourcing payroll so you can make an informed decision about whether or not it makes sense for your business.Around 1.4 million businesses in the UK employed members of staff in 2018, and all of them shared one...
National insurance rise hits higher-rate earners
In the 2018 Budget, the Chancellor announced that the higher-rate income tax threshold is to increase from £46,350 to £50,000 in 2019/20. What this would mean is that taxpayers earning between £46,350 and £50,000 will see their income tax rate reduced from 40% to 20%,...
IR35 reforms extended to the private sector
Contractors could face a higher tax bill from April 2020, when reforms to IR35 legislation are set to take effect in the private sector. The motivation behind the decision comes as HMRC aims to stop work it regards as ‘disguised employment.’ This describes a situation...
