Payroll

Yesterday afternoon, Chancellor Rishi Sunak delivered the 2021 Autumn Budget and Spending Review, outlining the government’s spending plans for the next three financial years. We understand you may wonder how the changes announced in the budget will affect your business, so we’ve outlined three key factors that could make an impact. Taxation National Insurance As […]

The UK government’s furlough scheme, which has been protecting millions of jobs during the COVID-19 pandemic, officially came to an end today after 18 months. At the beginning of the Coronavirus Job Retention Scheme (CJRS), the UK government paid 80% towards the wages of those who were unable to work, or whose employers could no […]

Payroll can be a real headache for businesses at the best of times. 2020 has posed significant challenges to business operations, especially the Furlough scheme, making in-house payroll a weighty administrative burden. If that wasn’t difficult enough, employers must keep on top of things such as furlough, maternity and paternity pay, sick pay, auto-enrolment into […]

If you own your own business then you are probably aware of auto-enrolment and what it means for your business. If not, you really ought to be. The Pensions Regulator (from here on out TPR) has announced that it has made 1,021 £400 fixed-penalty notices between 1 October and and 31 December. In the previous […]

You may or may not have seen the government led television advertisements that shows workers declaring “we’re all in”; this is all part of the Automatic Enrolment campaign which is now in full swing, informing employers and employees that the way workplace pensions operate are changing significantly. Automatic Enrolment is a new system which requires […]

For a long time, we have been kept in the dark about how micro entities and close companies will be affected by Auto Enrolment. The Pension Regulator recently announced that a business is exempt from Auto Enrolment where it has no “workers” or “employees”. How are micro entities expected to deal with Automatic Enrolment? A […]

What Is Automatic Enrolment? Automatic Enrolment is a Government scheme that is changing the way workplace pensions operate in the United Kingdom. Through extensive research conducted by the Government, it was concluded that individuals were not saving enough towards their retirement and a state pension was not enough to support those who had not already […]

Auto Enrolment is just around the corner for a significant number of businesses and as with most new legislation coming into effect – the rules are complicated.