Ministry of Defence Payroll Breach: A Wake-Up Call for Businesses
In a shocking development, the Ministry of Defence (MoD) has suffered a major data breach affecting its payroll system. This incident serves as a stark warning to businesses of all sizes about the critical importance of robust data security. With sensitive employee information at stake, the potential consequences of such a breach are severe.
We delve into the implications for businesses, exploring the vulnerabilities exposed and providing actionable steps to protect your organisation from a similar fate.
What Payroll Security Should Look Like: Best Practices for UK Businesses
Recent cyberattacks, including a breach at the UK Ministry of Defence, have highlighted the urgent need for robust payroll security. For UK businesses, safeguarding sensitive payroll data is crucial to maintaining compliance, protecting employee trust, and ensuring financial stability. This article explores best practices for payroll security, offering essential strategies to fortify your systems against potential threats.
We delve into the implications for businesses, exploring the vulnerabilities exposed and providing actionable steps to protect your organisation from a similar fate.
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.
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.
Christmas Opening Times 2022
We have decided to close our offices for the Christmas period this year so that our staff can take a well-deserved break to spend time with their loved ones. All offices will close on Thursday 22nd December 2022 at 12pm. We will resume normal operations and reopen on Monday 2nd January 2023. For any queries […]
Should you setup a direct debit with HMRC?
Why you should not setup a direct debit with HMRC.
CJRS Bonus: Update
employers can claim the bonus for all eligible employees who have been furloughed it comes as employers set to start contributing to the furlough scheme as staff return to work and the economy reopens The bonus – announced by Chancellor Rishi Sunak as part of his Plan for Jobs last month – will see businesses […]