Tax-Free Childcare payments HMRC have made it it easier for parents to pay for the childcare they use with Tax Free Childcare. As an example, if a parent makes a deposit into their Tax-Free Childcare account by bank transfer or standing order: it should take only 2...
High Income Child Benefit Charge deadline 31 January Do any of your employees have a total income of over £50,000? They may have to pay a tax charge, known as the High Income Child Benefit Charge if they or their partner get Child Benefit. Any tax owed...
Employment Allowance reform eligibility rules are changing from April 2020 Currently the employment allowance will reduce your employers’ (secondary) Class 1 National Insurance each time you run your payroll until the £3,000 has gone or the tax year ends (whichever is sooner). In April 2020 the Employment...
Paying your staff early at Christmas Holidays are coming! What do you do if you want to report PAYE in real time when payments are made early at Christmas. Back in In December 2018, HMRC wrote to employers to advise a temporary easement on reporting PAYE information...
Re-enrolment - what do you need to do? Every three years employers have to assess their staff for re-enrolment. Any staff who have left their pension or reduced their contribution must be assessed and re-enrolled if eligible. We’ve produced a factsheet about re-enrolment, you can download a...
Seasonal Workers Make sure you get filing with HMRC and Pensions Procedures right first time. Do you have seasonal workers on your staff? Pensions Auto-enrolment can be complicated enough with regular full and part time staff but what if you employ seasonal staff in the summer or Christmas period....
Re-enrolment & Pensions – Your on-going duties By now all employers should have a workplace pension scheme in place for all eligible employees. Once the initial pension scheme is set up there are several on-going duties that must be completed by the employer on a regular basis....
Increase in workplace pension Contributions Since October 2012 9.5 million workers have enrolled work place pensions. Individuals saved an extra £6.9bn into workplace pensions in 2017-18 as a result of auto-enrolment and opt-out rates are still believed to be below 10%. In April 2019, along with the...
Workplace Pension Spot Checks - Don’t get Caught out More than 1.1 million employers across the UK have met their automatic enrolment duties, so 9.4 million workers have a workplace pension as a result. Spot Checks However, some businesses are still not fulfilling their duties either correctly or...
Payslips and Data protection Changes We all have seen the adverts of various online portals offering e-Payslip services. Some employers haven’t paid much attention to them, others switched to e-Payslips because they were convinced to do so by their HR/Payroll departments, or Payroll agents, and the...