Category: Payroll & employment

New tax year – New tax rules


With the start of the new tax year, taxpayers can expect significant changes that will directly impact their finances in the next tax year (2024/25). If you haven’t already, it’s time to closely examine your…

Redundancy regulations are changing – What it means for your payroll and policies


From 6 April 2024, UK redundancy rules will change, particularly surrounding pregnant employees and those on family-related leave. The new legislation extends the ‘protected period’ for redundancy to 18 months after the birth or adoption…

The strategic value of outsourcing your payroll services


Payroll, while fundamentally important, encompasses more than just processing payments for your employees and workers. It also involves a comprehensive understanding of the legal, regulatory, and financial obligations that are vital to being an employer.…

Holiday accrual to come in for zero-hours workers


Following changes to the Working Time Regulations 1998 in January 2024, further amendments are set to come into force on 1 April 2024 relating to leave entitlement for workers on irregular hours. Upcoming changes will…

Economic Crime and Corporate Transparency Act 2023 – Companies House changes now in effect


The initial provisions of the Economic Crime and Corporate Transparency Act 2023 came into effect on 4 March 2024. These updates mandate that from 5 March 2024, every company must, when submitting their next Confirmation…

Tax basis – Getting ready for the end of the transitional year


Are you a sole trader or a member of a partnership? Here is what you need to know about the upcoming tax basis period reforms. HM Revenue & Customs (HMRC) is introducing changes to how…

Putting the brakes on excessive National Insurance payments through car allowances


Businesses may be able to reclaim significant amounts of National Insurance Contributions (NICs) and plan for future savings because of a recent Tribunal ruling on how car allowances are taxed. Brought by Wilmott Dixon and…

Please leave a message – HMRC dispute resolution hotline restricted to answerphone


HM Revenue & Customs (HMRC) has made a significant change to the way that some taxpayers access its alternative dispute resolution (ADR) scheme. Where applicants for ADR could previously speak with a call handler, they…

National Insurance credit scheme will be introduced to tackle child benefit gaps


The Government plans to introduce new legislation to help parents who earn more money than others with their future pensions. In essence, if you did not claim child benefit because you earned over £50,000 when…