Payrolling Benefits in Kind (PBIK): A Game-Changer for Employers
As the business world gears up for the next fiscal year, a seismic shift is on the horizon: Payrolling Benefits in Kind (PBIK). This revolutionary change promises to streamline processes, enhance compliance, and transform the way employers handle employee benefits. Let’s dive into the details.
Here’s what you need to know this Payroll Tax Year-End 2021-22
Payroll year end is fast approaching. It can be a stressful time of year for finance teams, payroll bureaus and accountants, but with help from Intelligent Payroll, it doesn’t have to be.
NI Rise and tax changes to Health and Social Care
A week ago, the government announced a tax change to help fund the NHS and social care across the UK, reported to raise around £12 billion a year. Whether you agree with it or not, here are the changes you need to be aware of:
The Low Pay Commission report states that 1 in 5 apprentices earn less than their legal entitlement.
Stop screwing over Apprentices!
It is easy to see these wide-eyed, young people as nothing more than squires from the medieval century. But in all seriousness, they do have rights and especially when it comes to pay.
The Low Pay Commission report states that 1 in 5 apprentices earn less than their legal entitlement.
Are you claiming back SSP for staff on Covid?
Despite the country fighting its way to some kind of normality, employees still risk being affected by Covid.
And with no signs of the track and trace system being changed people will continue to get pinged.
Frustrating as this may be for employers who may lose out on staff having to self isolate, not to mention pay SSP as a result, there is a small glimmer of hope to make this less painful which many businesses are unaware of. Put simply you can claim the money back.
Furlough to be reduced from 80% to 70% in July
From 1st July the level of grant will be reduced and as an employer, you will be asked to contribute towards the cost of the wages. To be eligible for the grant you must continue to pay furloughed employees 80% of their wages.