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.
Director’s Tax Efficient Salary 2022/23
Director’s Tax Efficient Salary 2022/23
National Minimum Wage Increases – April 2023
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.
NIC changes from 6 November 2022
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.
Should you setup a direct debit with HMRC?
Why you should not setup a direct debit with HMRC.
The Job Retention Bonus – Are you Eligible?
With the law in the form of a treasury direction being published alongside the HMRC guidance, we can now successfully help you understand whether your company is eligible for the Job Retention Bonus. Employers who are eligible to claim the bonus for employees must keep individuals who are under the CJRS employed until January 31st […]