by Jacqui Lilley | May 28, 2021 | News, Payroll, Student loans
At the start of the new tax year in April 2021, the thresholds for student loans increased, which will affect employees that are repaying their academic fees. The thresholds are: Student loan Plan 1 increased from £19,390 to £19,895 from this date, Employees on Plan 2...
by Jacqui Lilley | May 28, 2021 | News, Payroll
Commonly known as the Furlough Scheme, but correctly called Coronavirus Job Retention Scheme, it has provided an essential lifeline to employers, helping them shoulder the employment costs for employees who were unable to work or who work reduced hours due to the...
by Jacqui Lilley | Feb 22, 2021 | News, Payroll
The Government has confirmed that the age from which workers become eligible for the national living wage will reduce to 23 (from 25), from April 2021 In his comprehensive spending review in November 2020, the Chancellor Rishi Sunak confirmed that the national living...
by Jacqui Lilley | Feb 8, 2021 | News, Payroll
With more people working from home due to Coronavirus, it is worth a reminder that you can claim Tax Relief for additional household costs You may be able to claim tax relief for additional household costs if you have to work at home on a regular basis, either for all...
by Jacqui Lilley | Jan 6, 2021 | News
In November 2020 the government announced that the Coronavirus Job Retention Scheme would be continuing until 31st March (now extended to the end of April 2021). The announcement confirmed that employees on payroll as at 30 October would be eligible for the payments...
by Jacqui Lilley | Jan 6, 2021 | Auto Enrolment, News
Have my workplace pension duties changed due to Covid-19? The Pension Regulator (TPR) have updated their Auto Enrolment guidance in line with challenges faced by employers during the COVID-19 pandemic. They have confirmed and understand that business has changed but...
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