Employment Allowance was launched on 06th April 2014. The idea of Employment Allowance is to support small businesses by giving relief on Employers Class 1 National Insurance Contributions up to £2000.00 in the 2014/15 tax year. The allowance has increased to £3000.00...
The National Living Wage came into effect on April 1st 2016. It doesn’t need saying that there is clear advantage to employees, there’s an hourly rate increase of £0.50p per hour if you’re currently earning the minimum wage are 25 or over. Those on...
This week’s Knowledge Nugget delves into the topic of Statutory Maternity Pay and Leave. For a small employer this can be a daunting process as there seem to be many calculations and rules to take into account. The blog below will help shed some light on the...
I know it’s probably means I’m certifiable, but I adore payroll. I love numbers and the rules that apply to them. During my career I have reconciled bank’s bank accounts, hundreds of thousands of pounds before their systems were automated. I have studied...
As a first time employer, you may be looking at whether a zero hours contract would benefit you and your business. This week’s Knowledge Nugget outlines how a zero hours contract works for you and your employee, and ‘Myth Busts’ on many...
Redundancy is defined as dismissing an employee because you no longer need anyone to do their job. Employees may be entitled to Statutory Redundancy Pay, however to be eligible they must: Be an employee working under a contract of employment Have at least 2 years’...