Payroll Changes coming in April 2022 Minimum Wage Increase - April 2022 The National Minimum wage will increase in April 2022 and now includes 23 and 24 year olds at the highest rate. Employers should start paying the new rates on the first pay reference period on...
CHRISTMAS OPENING HOURS 2021 Over the festive period, the times that our office is open are slightly different to normal. DECEMBER Friday 17th – 8.30am to 5pm (standard opening times) Saturday 18th – *closed* Sunday 19th – *closed* Monday 20th – 8.30am to 5pm (standard opening time) Tuesday 21st – 8.30am to...
Job Retention Scheme & Living Wage Minimum Wage Increase in April 2022 The government announced in the Autumn 2021 Budget that the national living wage for anyone over 23 will rise from £8.91 to £9.50 in April 2022. You can find the current rates here: https://www.gov.uk/national-minimum-wage-rates Job Retention...
National Insurance number allocation Over the passed 18 months National Insurance numbers have played a key role in helping to claim furlough support for employers. Without one it was initially very difficult to make claims. Why do you have an National Insurance number You have a National Insurance...
Statutory Sick Pay Support for employers If you have staff off sick with Covid don’t forget to check the Statutory Sick Pay Rebate Scheme. The UK government’s Statutory Sick Pay Rebate Scheme provides financial support to small and medium-sized employers. Below are the government guidelines on Covid and...
PAYE Update 2021 Have you missed submitting your Final Payroll Submission (FPS)? The rules have changed slightly on making amendments to the tax year ending 5th April 2021. You will no longer be able to submit the Earlier Year Update (EYU) to make amendments. If you’re late sending...
NATIONAL AND MINIMUM WAGE INCREASE APRIL 2021 The government previously announced that the national living wage will increase by 2.2% in April 2021 and will be extended to 23 and 24 years. For workers aged under 23, Commissioners recommended smaller increases in recognition of the risks...
Furlough Calculations February 2020 - Leap Year 29 days - 2021 - 28 days HMRC has confirmed that, despite the fact that February 2020 lasted for 29 days, as last year was a leap year, this will have no impact on the calculation of claims made under...
On-Going Duties, Automatic enrolment & re-enrolment Whether you offer your staff a defined benefit (DB) or a defined contribution (DC) pension scheme, go to The Pensions Regulator’s (TPR) COVID-19 hub, where you’ll find all its guidance for employers in one place about your on-going duties. You must...
Flexible Furlough From 1st July you will be able to bring your staff back to work using the flexible furlough. If you are planning on bringing some employees back to work this scheme, there are several important things to do. One is that you must inform...