by James Hellyer | Nov 8, 2024 | Budget, National Insurance, PAYE
The upcoming increase in employer National Insurance Contributions (NICs) in the UK, set to rise from 13.8% to 15% from 6 April 2025, along with the reduction of the secondary threshold from £9,100 to £5,000, will significantly impact business costs. To mitigate these...
by James Hellyer | Nov 8, 2024 | Budget, National Insurance, PAYE
The proposed increases to the UK National Minimum Wage (NMW) and National Living Wage (NLW) set for April 2025 are expected to impact employers and employees significantly. Here’s how various sectors might feel these changes: Financial Pressures on Employers: With the...
by James Hellyer | Jan 2, 2024 | PAYE
The government has set out the next stages for a number of new Workers’ Rights Acts to support UK workers. In a recent press release they said: “The Employment (Allocation of Tips) Act 2023, which became law in May this year, requires employers to pass all tips...
by James Hellyer | Nov 8, 2023 | benefits-in-kind, Gifts
Whether we like it or not, the countdown to Christmas has officially started. And that means you may be thinking about treating your staff with a Christmas gift or an office party. But before you get carried away, it is important to look at the tax implications to...
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