Payroll Services and the Minimum Wage
The National Minimum Wage and the New Living Wage. The government has announced that from October 2015 the national minimum wage rates will increase by 3% for workers aged 18 and over and 2% for 16-17 year olds. The largest increase this year will be to the apprentice rate, which is due to be uplifted by 21%. The minimum wage rates for payrolls will be as follows, from October 2015: 21 and over = £6.70 per hour, an increase of 20p per hour 18 to 20 year olds = £5.30 per hour, an increase of...
The P11D deadline is 6th July 2015
The P11D deadline is an important Payoll Service This year's P11D deadline is 6th July 2015, and it's rapidly approaching. The P11D is the form that has to be submitted for all members of staff who have received some form of benefit in kind for the last tax year. All benefits in kind have to be declared on a P11D, including: company cars and fuel, private health insurance, bikes, business mileage and even home phones. As you know, HMRC needs to know all this information for all employees and,...
Payroll Services and Marriage Allowance
Two new Payroll Updates from HMRC. At JLP Payroll Services, we do all the payroll services work for you so that you can get on with running your company without having to worry about the payroll. HMRC are always introducing changes and updates to the running of payroll services, so, as you would expect we keep up to date with the changes they introduce so that the impact on your payroll is seamless and efficient. In this article, we look at two of the more recent payroll updates from HMRC:...
Nominee for Auto-Enrolment
JLP can be your nominee for Auto-Enrolment. Many of our payroll clients have also started using our services to help them get ready for Auto-enrolment. Auto-enrolment has been with us for some time, and in summary it means that every employer with at least one member of staff must put their staff into a workplace pension scheme and contribute towards it. It's called automatic for your staff because they don't need to do anything to be enrolled into your workplace pension scheme. It's not...
HMRC abolishes NI for under 21s
Payroll Services news - HMRC abolishes employer NI contributions for under 21s As a an outsourced payroll service provider, it goes without saying that at JLP Payroll Services we are always prepared and ready to implement the changes that HMRC introduces. One of the most recent changes was implemented in April 2015, when HMRC abolished employer NI contributions for under 21s. Inevitably, whenever HMRC introduces such changes there is a payroll effect. If you do your own payroll and have got...
