Payroll

News by Category

Changes to the Coronavirus Job Retention Scheme (CJRS)

1st June 2020
Flexible Furloughing From 1 July 2020 there will be increased flexibility in the CJRS. Employers can bring back employees on a part-time basis with the government continuing to pay 80% of wages for any of their normal hours they do not work. You can decide the hours and shift patterns that your employees work and...

Job Retention Scheme – Yesterdays Update Provides Much Needed Clarity

18th April 2020
HMRC updated their online guidance relating to this scheme yesterday (Friday 17 April) just in time for the first applications to be made this coming week. Claim for wage costs through the Job Retention Scheme Check if you could be covered by Job Retention Scheme The full guidance can be found at these two separate...

Coronavirus Job Retention Scheme – Full Details

27th March 2020
The government published guidance late last night on the operation of the Job Retention Scheme. We have had many enquiries in relation to this matter and hopefully the following information will answer the majority of these queries. Recap of the Basics Employers can claim 80% of furloughed worker’s usual wage costs up to £2,500 per...

COVID-19 – Practical steps to help every business

20th March 2020
Few businesses could ever have imagined, let alone made plans for, the potential impact of a massive epidemic such as the current coronavirus crisis. As accountants, we want to provide you with some practical steps that you can take. Keep in touch Keep in touch with your accountant. The sooner that they are made aware...
Tips and Tax

Tips and tax

2nd March 2020
Are you and your staff handling tips correctly? If you operate a café or restaurant, your employees will receive tips from the majority of customers. But as a business owner, what do need to do regarding income tax on these tips? Head of our Payroll Team Joanne Gibson explains. The starting point is to confirm...

IMPORTANT INFORMATION – The 2020/21 National Minimum Wage rates

5th February 2020
The government has announced a big increase in the national living wage and national minimum wage rates for 2020/21. What are they and when do they take effect? The government has announced the national living wage (NLW) and the four national minimum wage (NMW) rates which will take effect on 1st April 2020. You should...

Holiday pay calculation changes

31st January 2020
In April 2020, an important change will be made to the holiday pay reference period which is used to calculate holiday pay entitlement for employees and workers. As an employer, what do you need to know? Head of Payroll Joanne Gibson finds out. On 6th April 2020 the holiday pay reference period will be extended...

Christmas – payroll guidance for employers

2nd December 2019
Before Christmas 2018, HMRC wrote to employers about a temporary relaxation of the deadline for reporting payroll information. What’s the position for this year? Head of Payroll Joanne Gibson finds out. Changing paydays HMRC is planning to update its guidance to employers about paying employees earlier than usual over the Christmas period. As the new...
Joanne Gibson Head of Payroll

Paying a director off the record

29th October 2019
You’ve engaged the services of a non-executive director (NED) to bring specialist expertise to your company. She says she’s freelance and has asked for her fees to be paid free of tax and NI. Is that OK or do you run the risk of trouble with HMRC? Joanne Gibson looks at the implications. The role...
Joanne Gibson Head of Payroll

New rules for Employment Allowance

18th July 2019
The government has published draft legislation for the new restrictions which will apply to the NI Employment Allowance (EA) from April 2020. Will your business be affected, and if so, how? Head of Payroll Joanne Gibson brings you up to date. Employment Allowance Since April 2014 most employers have been entitled to a deduction from...