by Lisa Dickson | Jul 29, 2024 | Payroll
What you need to know before taking on the responsibility Deciding to become an employer is a significant milestone for any business. It marks a phase of growth and the need for additional support. In this guide, we will explain what becoming an employer entails, the...
by Lisa Dickson | Jan 18, 2019 | Payroll
Does it make sense for your business? Around 1.4 million businesses in the UK employed members of staff in 2018, and all of them shared one thing in common: the legal requirement to run payroll. This task consumes a large amount of time each month, with multiple...
by Lisa Dickson | Sep 11, 2017 | HMRC and tax, Payroll
A guide for employers on topical payroll issues. Employers need to keep an eye on changes affecting payroll so all employees have the right amount of tax deducted under PAYE. This is a round-up of the latest payroll-related developments. Dynamic coding In July 2017,...
by Lisa Dickson | Mar 27, 2016 | Bookkeeping 101, HMRC and tax, Payroll
From 6 April 2016 one-man companies will cease to qualify for the employment allowance (EA). Adding your spouse to the payroll has been suggested as a way around this. Is it that simple? Employment allowance The employment allowance (EA) is a credit that employers can...
by Lisa Dickson | Jan 26, 2016 | Accounting 101, Bookkeeping 101, Payroll
Employees and consultants who perform duties for xxx are eligible for reimbursement of expenses under HM Revenue & Customs guidelines. xxx will reimburse expenses submitted in line with these regulations: Employees may reclaim an expense incurred wholly,...
by Lisa Dickson | Oct 11, 2015 | Bookkeeping 101, HMRC and tax, Payroll
The construction industry scheme works a little like a payroll scheme but for the constructions industry. Contractors employ subcontractors for jobs, on which they must deduct tax but not national insurance and pay it monthly to HMRC. Deductions count as advance...
