The personal tax allowance for 2017-18 will be £11,500, for individuals with this tax allowance the code will show as 1150L. Although this is due to be the standard tax code for 2017-18 some individuals will be on a different code depending on their circumstances, have a look at our tax codes article for more […]
Personal Allowance Read More »
We are very pleased to be able to celebrate our 2nd Birthday this September, over the last two years we have grown steadily, welcoming new clients to both our payroll processing and consultancy service. We would like to share our birthday celebrations and are offering two FREE months processing to all new customers who sign up
It’s our Birthday – PROMOTION Read More »
Have you ever wondered what your tax code means, and why you may have a different code to your friends or colleagues, as if you have nothing else to talk about in the canteen. Some parts of the tax code are more obvious than others but we hope that this article helps explain things so
Tax Codes – what do all those letters and numbers mean? Read More »
It is very exciting to employ your first member of staff, and in addition to the equipment needed there are a few legal requirements that need to be met when employing staff for the first time. Decided how much to pay them, this must be at least the national minimum wage or the national living
Employing staff for the first time Read More »
In the 2015 Autumn Statement it was announced that there would be changes to the Employment Allowance from the 2016-17 tax year. On the most part these changes are good for small businesses though single director businesses will lose out. The Good News The Employment Allowance is rising from £2,000 to £3,000 per tax year from
Changes to Employment Allowance Read More »
Or that is what the adverts say. Unfortunately this is not always the case but as an employer you can help by ensuring you have provided your employees with all of the required information. All employers are legal obliged to provide any individuals in their employment on the 5th April each year with a P60
Self Assessment – Tax doesn’t have to be taxing Read More »
On 8th July George Osborne announced the following: Introduction of a new National Living Wage for workers aged 25 and above, and asks the Low Pay Commission to set out how it will reach 60% of median earnings by 2020; based on Office of Budgetary Responsibility (OBR) forecasts, this means that the National Living Wage will
Living Wage – What is it all about? Read More »
In the Autumn Statement 2013 the Government announced plans to make employing younger people more affordable for businesses. From the 2015-16 tax year there secondary (employer) national insurance contributions will be abolished for employees under the age of 21 earning below the Upper Secondary Threshold, currently (2015-16) equal to the Upper Earnings Limit. Employees under
Abolition of Employer National Insurance for Under 21s Read More »
We are giving small business in Northamptonshire the opportunity to win a FREE payroll review, this is in conjunction with #Northantshour on the 5th and 12th of February. There are 3 payroll reviews available for local small businesses to win. It doesn’t matter whether you currently operate your payroll in-house, use a Bookkeeper/Accountant or another payroll agency,
Win A Payroll Review Read More »
With only two months left of the current tax year you need to make sure you have submitted your claim for the £2000 Employment Allowance that many employers are entitled to. This allowances reduces your employers Class 1 National Insurance liability, if your Class 1 NI bill is less than £2000 you won’t pay a
Have you claimed your £2000 Employment Allowance? Read More »
