Running a payroll in the new tax year
As an employer running a payroll, there are a number of duties you need to fulfil in order to ensure you’re complying with HMRC regulations. This includes: Reporting to HM Revenue and Customs (HMRC) on the previous tax year (this ends on 5 April 2023) Giving your... read more
UK Minimum Wage Rates to increase from April 2023
As many employers will already be aware, all UK Minimum Wage Rates increase on the 1st of April of every year. With rates increasing by up to 10.9% in some cases, it’s important that employers are aware of the upcoming changes. With the National Living Wage increasing... read more
HMRC introduces direct debit payment plan for PAYE
HMRC has introduced a new direct debit payment plan where employers will be able to pay their employees PAYE and national insurance contributions on a recurring basis. Traditionally, employers have only been able to make single payments via direct debit. The scheme... read more
Preparing payroll for the upcoming National Insurance changes
Businesses are being advised to prepare their payroll for National Insurance changes which are coming into effect from next month. From 6 July 2022, some National Insurance Contribution (NICs) thresholds will increase. The primary threshold for 6 July 2022 to 5 April... read more