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…
For some companies, not all, another week 53 or even week 54 will be in operation again this year. HMRC instructs payroll software writers to operate a week one basis for week 53 so as not to penalise employees with a higher tax liability in their final payment for the tax year. However, as…
It’s that time of year, the new Fuel Rates are in place from September 2024. Below we share what these are for Petrol, LPG, Diesel, Hybrid and Electric cars: Hybrid cars are assessed under the same rules as normally aspirated cars. From June 24, HMRC will be reviewing the rates for electric vehicles…
Have you ever wondered what the benefits of outsourcing payroll are? If you have a PAYE scheme for payroll or Construction Industry Scheme (CIS) then we could help! Outsourcing payroll can help you keep your PAYE running smoothly while keeping costs down. How? I hear you ask, well let me explain… Benefits of Whitings…
Have you heard about these upcoming payroll changes? Tips & Gratuity Tips and Gratuity are changing on 1 October 2024. This applies to all businesses allocating and paying tips, gratuities and services charges. The changes are to make sure that the tips are allocated in a fair way and includes employer received through card payments…
What are the sick pay rules? Legal Obligations First and foremost, an employer is under no legal obligation to pay an employee when they are off sick. In general, it has been found that employers offer between one and five days per annum as paid sick leave, but ultimately it is down to the…
Approximately 25% of vocational learning and training in the UK is currently funded through the Apprentice Levy, so what exactly is the Apprentice Levy and what is the new government proposing to replace it with? The Apprentice Levy Currently the levy is raised against those companies, or groups of companies, who have an annual…