This is a very busy time of year normally with the new tax year and the budget 2024. Here’s how it will affect personal and payroll matters: Budget 2024 1. Taxation & wages The headline policy this budget 2024 has been the Chancellor, Jeremy Hunt’s decision to reduce the National Insurance Contributions rate by 2p…

Here’s how the Autumn Statement will affect personal and payroll matters (assuming that it all comes into being): Headline announcements The headline policy this year has been the Chancellor, Jeremy Hunt’s decision to cut the main rate of Class 1 employee NICs from 12% to 10% starting on 6th January 2024. According to Gov.uk this…

This is a very busy time of year normally with the new tax year and the budget 2023. Here’s how it will affect personal and payroll matters: Budget 2023 1. Taxation & wages The headline policy this budget 2023 has been the Chancellor, Jeremy Hunt’s decision to remove the cap on the amount workers can…

The Coronavirus Job Retention Scheme (CJRS) comes to an end at  the end of October and will be replaced by the Job Support Scheme (JSS) which starts on 1st November. The Self-Employment Income Support Scheme (SEISS) has been extended, also from 1st November. Job Support Scheme The scheme offers different support dependant on how a…

Things are changing fast with schools and most leisure facilities being told to close. Yesterday’s statement from the Chancellor is very welcome news for businesses. We will have to wait a while for the detail on how the scheme will be administered. Coronavirus Job Retention Scheme All UK employers will be able to access support…

This is a very busy time of year normally with the new tax year; Coronavirus adds another layer of complexity. Here’s how it will affect payroll matters: Coronavirus Advice for businesses. Advice from ACAS & Gov.uk: In case coronavirus (COVID-19) spreads more widely in the UK, employers should consider some simple steps to help protect…