Navigating Rising NIC Costs: Cash Flow Strategies for 2025
The April 2025 changes to National Insurance Contributions (NICs) are set to increase costs for businesses across the UK. These shifts, including higher employer NIC rates and lowered thresholds, will require careful financial planning. To stay resilient, proactive cash flow management is essential for maintaining stability and navigating this period of increased expenses.
This guide explains how salary sacrifice works, its benefits, and how your business can leverage it to stay compliant and cost-efficient.
Salary Sacrifice: Strategies to Reduce Your NIC Burden in 2025
As April 2025 approaches, UK businesses are preparing for significant changes to National Insurance Contributions (NICs) that will increase payroll costs. While these changes may seem challenging, there’s a silver lining: strategic use of salary sacrifice arrangements can help businesses manage their NIC burden effectively.
This guide explains how salary sacrifice works, its benefits, and how your business can leverage it to stay compliant and cost-efficient.
April 2025 NIC Changes: How Employers Can Prepare
Big changes are on the horizon for Employer National Insurance Contributions (NICs), and businesses need to act now to stay ahead. Starting in April 2025, these updates will directly impact payroll costs, cash flow, and overall financial planning.
At Intelligent Payroll, we understand that navigating such changes can be daunting. That’s why we’ve created this guide to help you break down the new rules, understand their impact, and prepare your business for the months ahead.
Day One Rights: The Evolving Landscape of UK Employment Law
The UK employment law landscape is poised for significant changes, with the potential introduction of expanded “day one rights” for employees. As businesses navigate these potential reforms, it’s essential to understand how these changes might affect both employers and employees.
Fire and Rehire: A Turning Point After the Tesco Supreme Court Ruling
The UK Supreme Court’s recent ruling in the Tesco case has placed fresh scrutiny on the controversial practice of “fire and rehire,” where employers terminate an employee’s contract and offer to rehire them under less favourable terms. As businesses face ongoing economic challenges, this decision has significant implications for both employers and employees.
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.
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.