Preparing for the new tax year
The tax year comes to an end today, 5 April 2022, which means that any employers who are running payroll now need to submit their records to HMRC. As well as reporting your previous year’s taxes, you should also give your employees their P60 and start preparing for... read more
Increase in National Insurance contributions to go to the NHS
National Insurance contributions (NICs) will be increasing by 1.25% from 6 April 2022. Naturally, this may be disconcerting for employees who have already been hit with rising living costs over the last 12 months. While nobody wants to see more money deducted from... read more
The case for payrolling benefits in kind
HMRC is encouraging employers to payroll employee benefits in kind rather than declaring benefits on their end of year P11D form. What are the advantages of payrolling benefits in kind however? If you’re an employer, you won’t have to submit P11D and P46(Car) forms to... read more
COVID-19 Government Support Ends
The Coronavirus Job Retention Scheme (CJRS) and Statutory Sick Pay (SSP) Rebate scheme were two of the many grants introduced by the UK government amidst the pandemic. They were designed to help organisations stay afloat and keep staff in employment during closures... read more