The rate of Statutory Sick Pay (SSP) has increased from April 2021 by 50 pence – from £95.85 to £96.35. Employees should receive SSP if they are too ill to work or are requested not to come into work due to a contagious condition, such as the Coronavirus. SSP is paid by employers for up […]
The Government has pressed ahead with plans to increase the rates of the National Living Wage (NLW) and the National Minimum Wage (NMW), with people aged 23 and 24 entitled to the National Living Wage for the first time. According to the Government, around two million of the UK’s lowest-paid workers benefit from the rise […]
The ongoing Coronavirus pandemic is continuing to cause hardship for businesses and individuals alike. In a bid to provide additional much needed financial support, the Government has extended its economic support. Arguably one of the most important interventions has been the The Coronavirus Job Retention Scheme (CJRS), more commonly referred to as furlough. First introduced […]
As the UK continues its Covid-19 vaccination programme, businesses need to consider the legal implications of insisting that employees have the jab. The Government has not yet released any guidance on vaccination for employers. However, existing employment law gives some pointers on how to approach the issue. Are there any circumstances in which an employer […]
Large and medium-sized businesses must now ensure that they comply with the new off-payroll working rules (IR35) which came into force on 6 April 2021. In most cases, the engager (employer) is responsible for deciding whether to deduct tax and National Insurance Contribution (NICs) from freelancers and contractors, operating via a Personal Service Company (PSC), […]
Parents are being encouraged to check whether they are missing out on a tax-free childcare bonus of £500. Families using tax-free childcare accounts to pay for their childcare costs could receive a Government top-up worth up to £500 every three months, but thousands are missing out on the payout, HM Revenue & Customs (HMRC) has […]
Businesses looking to reward and retain staff members may wish to consider offering an electric vehicle (EV) salary sacrifice scheme. Not only are many EVs better for the environment, but they could also offer businesses considerable savings. Businesses can use employee salary sacrifice – similar to schemes offered for pension contributions, cycle to work schemes […]
At the start of the new tax year in April the thresholds for student loans increased, which may affect employees that are repaying their academic fees. The threshold for student loan Plan 1 has increased from £19,390 to £19,895 from this date, with employees on Plan 2 seeing their student loan threshold rise from £26,575 […]
Due to the ongoing restrictions of the Government’s Coronavirus response, millions of UK workers continue to work from home. Many may not be aware that they can claim tax relief for additional household costs if they are required to work from home regularly, either for all or part of the week. This tax relief is […]
19th of every month Deadline date for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic method. Last day for submitting a real time information employer payment summary to apply to tax month. 22nd of every month Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by electronic method.
