Here’s what you need to know if paying staff early this Christmas!

As we get closer to the festivities, we would like to remind employers of the permanent easement on reporting PAYE Information in real time that came into place in 2019. Many employers like to pay their employees earlier than usual during the festive period. There are a number of reasons for this. For example, the business may close for Christmas, meaning workers need to be paid earlier than normal. But if you get the dates wrong on the electronic submissions made to HMRC, it could hit employees on Universal Credit hard. The Low Pay Commission report states that 1 in 5 apprentices earn less than their legal entitlement.

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.

Will you miss out on the £1,000 Job Retention Bonus?

Are you aware of the Job Retention Bonus (JRB) which allows employers like you to earn £1,000 per employee? Did you also know that thousands of companies are simply missing out because 1) they don’t know it exists and2) those who are aware miss out on a technicality. Rest assured we have all the answers. […]

VAT Cut

What’s happening? At the moment, VAT (value added tax) relating to these sectors is charged at the standard rate of 20% that applies to most goods and services. But now the government has said that for the next six months it is cutting VAT on food, accommodation and attractions from 20% to 5%. VAT is […]

Kickstart Scheme

The kickstart scheme will help those aged between 16 to 24. The fund will subsidise six-month work placements for people on Universal Credit in the age group who are at risk of long-term unemployment. Mr Sunak told the Commons: “The kickstart scheme will directly pay employers to create new jobs for any 16 to 24-year-old […]

Eat out to help out

Diners will get a 50% discount off their restaurant bill during August under government plans to bolster the embattled hospitality sector. Chancellor Rishi Sunak unveiled the “eat out to help out” discount as part of a series of measures to restart the economy amid the coronavirus pandemic. The deal means people can get up to […]

Rishi Sunak Summer Statement

Rishi Sunak has announced a wave of sweeping measures to kickstart the UK economy in his mini-Budget – here’s what they are. Announcing his Summer Statement in the Commons today, Sunak pledged to pause stamp duty, boost hiring, slash VAT, and introduce “eating out” vouchers for every person in the UK.“Despite the extraordinary support we’ve […]

Tax treatment of COVID-19 tests and Personal Protective Equipment

HMRC has updated its guidance relating to the tax treatment of certain benefits and expenses paid to employees due to coronavirus, to explain how employers should proceed where they are providing coronavirus testing kits, or Personal Protective Equipment (PPE) to their employees. If an employer has purchased coronavirus testing kits or tests completed by a […]

‘Shielding’ employees able to return to work from August

Health Secretary, Matt Hancock, confirmed that any employees who have been ‘shielding’ as a result of COVID-19 will be able to return to work from 1 August 2020 in England. If a worker is not able to work remotely, and social distancing measures have been implemented within their workplace, then vulnerable people who have been […]