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
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
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
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
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
Despite the coronavirus lockdowns, HMRC has confirmed that they still expect P11D forms reporting expenses and benefits to be submitted by the normal 6 July deadline. Employers need to submit a P11D form for each employee they’ve provided with expenses or benefits.... read more
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