Keeping on top of Payroll Changes for 2016/2017
Every year, HMRC introduces a wave of new rules for Payroll and it can be quite a task to keep up with them all, especially if you run a small business and don't have a separate, dedicated department to deal with all things payroll. As an outsourced Payroll Services provider, this is where we come in. We keep up with HMRC's payroll changes, so you can concentrate on running your business. Some of the Payroll Changes for 2016/17 Here's just a few of the payroll changes that have already taken...
Payroll, Real Time Information and Penalties for Non-Compliance
Real Time Information (RTI) became compulsory for most employers on 5th April 2013. There were some relaxation of rules periods for smaller businesses up until October 2014, after which all businesses have had to comply. As an outsourced payroll services provider for SMEs, we thought we would just remind you what RTI is and what the penalties are for non-compliance. What is RTI? Under RTI employers submit payroll information to HMRC in real time, rather than at year end, on the day or...
What constitutes Holiday Pay When it Comes to Payroll?
What constitutes Holiday Pay When it Comes to Payroll? Most of the time it might seem that payroll can be fairly straightforward, until it goes wrong that is, when it can be anything other than straightforward. This news story takes things one step further as it concerns what is considered to be holiday pay. Fairly straightforward, one might think, but not in the long running case of British Gas Versus Lock. What is British Gas V. Lock about? British Gas V Lock is a long running legal case...
Payroll and Benefits in Kind and Salary Sacrifice
One thing that's certain when it comes to payroll is that HMRC are always introducing new legislation and guidelines. As an outsourced payroll services provider, it is our job to keep up to speed with all these changes so that our clients don't have to. Sometimes HMRC starts the process of new legislation by opening a consultation with relevant bodies first, as it has done recently with Benefits in Kind and Salary Sacrifice. This article looks at the proposed changes and considers the...
Payroll Services and Brexit
It's over a month now since the UK voted to leave the European Union, and much has happened in that time, not least the arrival of a new prime minister. Theresa May is committed to activating Article 50 - the formal process of exit - in early 2017, and we know that the process will take 2 years, so nothing will actually happen until early 2019. Politics aside, however, here are a few things to look out for when it comes to payroll changes that might be caused by Brexit. Who will be allowed to...
