Treatment of termination payments
With effect from 6 April 2018, employers will need to pay Income Tax and Class 1 National Insurance Contributions (NICs) on certain parts of termination payments made to employees
Minimum wage increases
New National Minimum Wage (NMW) and National Living Wage (NLW) rates come into effect on 1 April 2018. The NLW first came into effect on 1 April 2016 and is the minimum hourly rate
Employment law changes taking effect in April 2018
The following key changes to employment law will come into force in April 2018:
The National Minimum Wage (Amendment) Regulations 2018 will increase the national minimum wage
Directors beware National Living Wage complications
From 1 April 2018, the National Living Wage (NLW) will increase by 33p to £7.83. This represents an increase of 4.4%. The NLW is the minimum hourly rate that must be paid to those
Childcare voucher scheme deadline extended
The government has announced that the employer-operated childcare voucher scheme will remain open to new entrants for a further six months, i.e. until October 2018. The childcare
Benefits that lose tax-free status from April 2018
The tax and NIC advantages of certain benefits provided as part of a salary sacrifice arrangement changed from 6 April 2017. When the changes were introduced it was confirmed that
Salary sacrifice examples of tax consequences
The tax and NIC advantages of certain benefits provided as part of a salary sacrifice arrangement were removed from 6 April 2017. The new rules effectively remove the Income Tax
What to consider when employing family, young people and volunteers
When a new employee is added to the payroll it is the employers’ responsibility to ensure they meet the employees’ rights and deduct the correct amount of tax from their salary.
Basic monthly tasks if you run your own payroll
One of the most time-consuming admin tasks associated with the running a small business can be dealing with the payroll.
Generally speaking, you can:
Run your own in-house
Who is entitled to claim statutory maternity pay?
Employees that are pregnant are eligible to take up to 26 weeks of maternity leave (known as ordinary maternity leave) plus an additional 26 weeks (known as additional maternity