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The second Budget of the year is due to take place on 30 October 2024. We knew one would be happening, and expected that there would be many changes announced. More will no doubt come in the next few weeks.   Ahead of this, there is confirmation of the new rules relating to Furnished Holiday…

Stephen Malkin (Partner, Kings Lynn) and I, Ben Burtenshaw (Manager, St Ives), learnt about scaling with Xero and the options available to rapidly growing SMEs during our recent visit Xero’s offices in Milton Keynes.   App partners Mayday and Joiin were both in attendance and gave talks and demos on their software as well as…

Amazon has recently announced changes in the VAT treatment of fees that will significantly impact UK sellers.   What Used To Happen? Previously, UK VAT-registered sellers only paid VAT on UK advertising fees which were billed from London. All other fees were billed from Luxembourg and generally fell under the Reverse Charge Mechanism.   What…

The Paternity Leave (Bereavement) Act became law earlier this year, in May 2024. However, due to the dissolution of Parliament, no date has been set for its implementation. The Bill grants the right for automatic Paternity Leave in cases where the mother (or in cases of adoption, the registered main carer) passes away.   This…

On 30th July the Low Pay Commission (LPC) set out it’s policy on future minimum wage rates.   It is expected that the new Labour Government will maintain the same policy as the last Conservative administration and maintain annual National Living Wage (NLW) increases in line with average earnings.   It is projected that the…

On 18 September we invited all of our members of staff who will be studying this year to join us at our Ely Office for our Annual Student Training Morning.   What Did The Training Morning Consist Of? The morning started with an introduction from Chris Ridgeon, Chairman of the firm, who talked about his…

Neonatal Care Pay and Leave is due to come into force in April 2025, so we have shared a quick summary of this below for you. However, if you would like more information or advice on the matter, our Whitings Payroll Bureau team will be more than happy to help you.   Who Is Neonatal…

The annual Whitings Golf Day 2024 was held on Friday 20 September at Lakeside Lodge Golf & Country Club in Pidley.   There was a good mix of old and new faces present among the 16 competitors on the day. There were also a wide variety of handicaps on display, ranging from 4 to 28.…

During the King’s Speech on July 17th, 2024, it was declared that a new Employment Rights Bill was to be introduced in the next 100 days.   The key points as far as payroll is concerned are as follows: Banning exploitative zero hours contracts and ensuring all jobs provide a baseline level of security and…

We’re sharing a reminder that payrolling of Benefits In Kind (BIKs) is to become mandatory. This may seem a long way off but will be with us sooner than a lot of companies realise. HMRC confirmed in March 2024 that it will mandate the reporting and paying of income tax and Class 1A National Insurance…