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.
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.
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.
Are you eligible for the new Job Support Scheme?
HMRC has confirmed that the final date to submit your claims under the Coronavirus Job Retention Scheme (CJRS) will be on 30th November 2020. After this date, no more new claims can be submitted or added to any previous claims. The scheme finally comes to a close at this end of October since it began […]
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 […]
CJRS Bonus
Today the Chancellor announced the introduction of the Job Retention Bonus. This is a one-off payment of £1,000 to employers that have used the Coronavirus Job Retention Scheme (CJRS) for each furloughed employee who remains continuously employed until 31 January 2021. The bonus will provide additional support to retain employees. To be eligible, employees will […]
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 […]