Holiday Pay and Entitlement Reforms from 1 January 2024
The recent changes to National Insurance contributions for directors, particularly the introduction of “blended rates,” have undoubtedly generated some complexity. At Intelligent Payroll, we understand the challenges businesses and their directors face in navigating these intricate changes. Therefore, we aim to shed light on the new landscape and provide clear guidance.
National Living Wage: April 2024
The recent changes to National Insurance contributions for directors, particularly the introduction of “blended rates,” have undoubtedly generated some complexity. At Intelligent Payroll, we understand the challenges businesses and their directors face in navigating these intricate changes. Therefore, we aim to shed light on the new landscape and provide clear guidance.
National Insurance Changes 2023/24: Director’s Rates
The recent changes to National Insurance contributions for directors, particularly the introduction of “blended rates,” have undoubtedly generated some complexity. At Intelligent Payroll, we understand the challenges businesses and their directors face in navigating these intricate changes. Therefore, we aim to shed light on the new landscape and provide clear guidance.
National Insurance Changes 2023/24: Cutting Through the Confusion
As of January 6th, the main rate of Class 1 employee NI contributions dropped from 12% to 10%. That might sound simple, but the devil’s in the details. Minhaz Moosa from Intelligent Payroll breaks down what this means.