Need to know about the upcoming changes to Class 1 NI, how they’ll impact your business, and what you can do to reduce the effect? You’re in the right place. In this post, we’ll break down the changes, show you how to calculate the new costs, and explore ways to...
The Chancellor’s Autumn Statement on 23rd November decreased employee’s National Insurance from 12% to 10%. This will come into effect from the 06th January 2024. This is undeniably a benefit to employees, but before we get excited about additional take home pay for...
We’re less than 2 months away from the start of the new financial year, so it’s the right time to take a look at what’s new for 2019-20.It’s a little bit number heavy but the tables giving comparison with last years percentages and thresholds making it easier to pick...
So, we’re already into 2018-19 but there’s never a bad time to take a look at the facts and figures around a payroll year. So let’s run through the main topics… Personal Allowance This years personal allowance is £11,850.00, allowing employees to earn £987.50 per...