The Government has confirmed that the mandatory payrolling of benefits in kind (BIK) and taxable employment expenses will now be introduced from April 2027, a year later than initially planned. This extra time allows employers to address any gaps in…
Mandatory payrolling delayed to 2027 – Time to prepare, not to forget Read Post »
If you have found yourself tearing your hair out over PAYE discrepancies or HM Revenue & Customs (HMRC) queries that seem to go nowhere, you are not alone. Real-Time Information (RTI) reporting was introduced by HMRC in 2013 to modernise
Why RTI is still causing payroll headaches – and what you can do about it Read Post »
Benefits in kind (BiKs) are goods and services provided to an employee for free or at greatly reduced costs. Employers are legally obliged to provide their employees details of relevant benefits in kind they have received in a tax year.
Mandatory payrolling of benefits in kind (BiKs) Read Post »
Businesses will face an increase in their staffing costs from April 2025. Failure to comply with the new National Minimum Wage (NMW) and employer National Insurance Contributions (NICs) rates could result in serious legal consequences – so swift preparation is
To support employers, particularly smaller businesses, the Employment Allowance will undergo a range of modifications from 6 April 2025. Here’s a quick recap of the changes. Employment Allowance will increase The maximum annual Employment Allowance will double from £5,000 to
What businesses need to know about the changes to Employment Allowance Read Post »
From 6 April 2025, eligible employees will gain a statutory right to neonatal care leave and pay. This long-awaited reform, introduced under the Neonatal Care (Leave and Pay) Act 2023, aims to support parents during an intensely challenging period. Here’s
Neonatal care leave – What is it and what does it mean? Read Post »
