The End of the Tax year is looming – Newsletter

The New Tax Year will be here quicker than you think, so here is our latest Newsletter providing you with reminders and news that will help you to prepare. Minimum Wage – We will make sure that all the necessary adjustments are made to ensure that minimum wage requirements are met, preventing any possibility of … Read more

National Insurance increase 2022 – The Facts

      From April 2022 National Insurance Contributions (NIC) for employed and self-employed workers will increase by 1.25%, meaning most working people will pay National Insurance at a rate of 13.25%. In addition, the government will be introducing a Health and Social Care Levy of 1.25% that will be collected temporarily via the existing … Read more

HMRC announce re-introduction of SSP Rebate Scheme

The Chancellor of the Exchequer, has announced additional support available to businesses as the latest coronavirus variant causes concern. The Statutory Sick Pay (SSP) Rebate Scheme restarted again on 21 December 2021 and claims can be made retrospectively from mid-January. The Scheme is open to UK based employers with a PAYE payroll and less than … Read more

NATIONAL LIVING WAGE 2022

In the latest Budget announcement the Government confirmed they are continuing with their policy for 2022/23 in respect of the National Minimum Wage plan.As such, we will see continued increases in all rates with the National Living Wage increasing by 6.6%. We are now at the Second stage with NLW applying to 23-year-olds and above … Read more

Changes to Minimum Wage

Employers should be aware that on 1 April 2021, the government is increasing both the National Minimum and National Living Wage rates. From 1 April 2021, National Minimum Wages and National Living Wage Rates will increase as follows:_______________________________________________National Living Wage Age 23+:Previous Rate: £8.72 Rate from April 2021: £8.91_______________________________________________21–22 Year-Old Rate:Previous Rate: £8.20 Rate from … Read more