Catch up with our best blogs from this year

  1. “Named and shamed”… the employers who fail to pay the NMW

Business owners who fail to pay their employees the National Minimum Wage (NMW) are coming under increased scrutiny from HM Revenue & Customs (HMRC), with a number of directors being struck off recently for not doing so. Read more here…

  1. Student loan interest set to rise

Millions of students and graduates face a massive 33 per cent increase in the interest rates they pay on tuition fees and maintenance loans, as they will pay based on the retail prices index (RPI) plus 3 per cent. Read more here…

  1. Employee expenses consultation

HM Revenue & Customs (HMRC) has extended the deadline for its consultation on the current practise and tax rules on employee expenses and the future of the practice to 10 July. Read more here…

  1. Which tax codes to use

As employers will be aware, from 6 April the basic Personal Allowance changed to £11,500 and the basic rate limit changed to £33,500. This means that the new threshold, or starting point for Pay As You Earn (PAYE) is £221 per week or £958 per month. Read more here…

  1. Payroll giving via CAF tops £1bn

Over the past 30 years, UK employees have donated more than £1.3bn to charity direct from their pay through the country’s first and largest payroll giving scheme, the Charities Aid Foundation’s (CAF) Give As You Earn. Read more here…

Keep track of your legal obligations by visiting www.moorethompson.co.uk. For more information on any of the articles discussed in Payroll, contact one of our payroll & HR experts here.