Those of you who have more than a couple of employees and run your own payroll will probably be finding the current situation a bit of a minefield. Not only are we starting a new tax year this month with its changes in National Insurance contributions, changes to student loan thresholds, a change to they way holiday is calculated …
HMRC have confirmed the tax and NI thresholds for 2020-21 and some details of statutory parental bereavement pay. …
Employment allowance can be claimed by business which have a payroll with at least one employee or two directors earning over the secondary threshold. The £3,000 allowance is set against your Class 1 National Insurance contributions …
The new payroll year begins on 6 April 2020 and employers should be aware of the changes they will need to make to pay rates. …
HMRC have told us for several years now that we must file our payroll returns on or before the date the employee is paid. Most employers have a regular payment date and as a payroll bureau we ensure that we file the return on or before that payment date. But what happens if you forget to or are unable to file a return on the payment date? …
