by admin | Dec 8, 2022 | Employment & Payroll |
A salary sacrifice arrangement is an agreement to reduce an employee’s entitlement to pay, usually in return for a non-cash benefit. The tax and NIC advantages of certain benefits provided as part of a salary sacrifice arrangement were removed from 6 April 2017....
by admin | Dec 8, 2022 | Employment & Payroll |
Don’t forget to take advantage of tax-free trivial benefits before Christmas. If you are an employer and looking to give your employees a small token of appreciation for Christmas, then your best option is probably to give them a gift. In order to ensure that...
by admin | Nov 24, 2022 | Employment & Payroll |
Employees who work from home may be able to claim tax relief for bills they pay that are related to their work. Employers may reimburse employees for the additional household expenses incurred through regularly working at home. The relief covers expenses...
by admin | Nov 10, 2022 | Employment & Payroll |
The letters in your tax code signify your entitlement (or not) to the annual tax-free personal allowance. The tax codes are updated annually and help employer’s work out how much tax to deduct from an employee’s pay packet. The basic personal...
by admin | Nov 3, 2022 | Employment & Payroll |
Company directors or any other person who has been appointed to a position by a company or organisation but doesn’t have a contract or receive regular payment as office holders are neither employees nor workers. Company directors who also...
by admin | Oct 6, 2022 | Employment & Payroll |
There are a multitude of rules and regulations that you must be aware of when you employ staff. HMRC’s guidance (entitled Employ someone: step by step) sets out some important issues to be aware of when taking on a new employee. This includes the following:...
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