Moore Thompson :: Payroll and HR Bulletin

If this email does not display or print correctly, please click here.

Welcome to the Moore Thompson Payroll and HR Bulletin

Welcome to Payroll, the quarterly publication from Moore Thompson Chartered Accountants keeping you up to date with news and developments in the world of payroll & HR.

In this edition: HMRC steps up fight against minimum wage dodgers; Moore Thompson opens the door to experienced payroll manage; Your personalised Payroll diary; Businesses not claiming apprenticeship vouchers; And more…

Enjoy!

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.

We operate a responsible email policy at Moore Thompson, so if you do not wish to receive further copies of Payroll, please click here to unsubscribe.

HMRC steps up fight against minimum wage dodgers

HMRC to receive £5.3 million in extra funding to enforce national minimum wage
Compliance team expands to more than 360 members
Despite this, more than 362,000 jobs paid less than the NMW in April 2016

Moore Thompson opens the door to experienced payroll manager

Moore Thompson has welcomed an experienced payroll expert to help head up its growing team.

Kieran Smith joins the firm from Boston College where he worked his way up from apprentice to the position of Payroll Manager.

Your personalised Payroll diary

19 October 2017
Deadline date for payment of PAYE Tax and National Insurance to HMRC Accounts Office by non-electronic method. (Every 19th of the month thereafter)

20 October 2017
Deadline date for payment of PAYE Tax and National Insurance to HMRC Accounts Office by electronic method. (Every 22nd of the month thereafter)

Businesses not claiming apprenticeship vouchers, figures show

Almost half of businesses paying the apprenticeship levy are writing their payments off as tax, according to new figures – amid concerns that firms are not reaping the advantages of extra training.

The Department for Education (DfE) revealed that just 10,500 eligible businesses are registered to receive apprenticeship vouchers, compared with the 19,150 paying the levy.

No more credit card PAYE penalty payments

HM Revenue & Customs (HMRC) has confirmed that, as of 13 January 2018, employers will no longer be able to use personal credit cards to settle outstanding PAYE late payment penalties, PAYE settlement agreements or Construction Industry Scheme (CIS) late filing penalties.

Can your business afford long-term absence?

Can your business afford long-term absence? Can your employee afford to be absent for a long period through no fault of their own?

An estimated 137.3 million working days were lost to sickness absence in 2016 - over 30 per cent of which were due to long-term illness (four weeks or more). This equates to roughly 4.3 days per worker, with the mean annual cost of absence totalling £522 per employee.

Watch out! Fake HMRC emails are about

Moore Thompson has noticed a marked increase in the number of clients receiving suspect email from HM Revenue & Customs (HMRC).

While some of these may well be genuine, most are not and are designed to trick you into thinking otherwise.

Catch up with our best blogs

1. Cloud accounting could save hundreds of hours per year, study finds
UK SMEs are “wasting” hundreds of hours each year on admin when resources are better placed elsewhere, a new study has found. Read more here…

2. Never too young to start saving
The Department for Work and Pensions (DWP) is believed to be contemplating enrolling workers as young as 16 into company pensions for the first time following a major review of UK retirement savings. Read more here…

3. Continuation of RTI easement
HM Revenue & Customs (HMRC) has revealed that the easement of the late filing penalty regime for late Full Payment Submission (FPS) will continue until April 2018, having first been introduced as a temporary measure for the 2015-16 tax year. Read more here…

4. Guidance on Right to Work checks
Earlier this month the Home Office published updated guidance on an employer’s guide to Right to Work checks in a bid to assist all employers to ensure they comply with the legal requirements to prevent the employment of illegal workers. Read more here…