Now when an official tax agent calls up HMRC to ask for the pay and tax details of one of their clients that they have been given full authorisation to represent, HMRC will decline to provide this information.
Payroll legislation has forever been changing and growing. But the pace of change and growth of payroll legislation has sped up markedly over the last decade and shows no sign of slowing. In a short space of time there has been the introduction of RTI, followed by Auto Enrolment, and even more recently big […]
The government defines the gender pay gap on their official site as “the difference between the average earnings of men and women” that is stated “relative to men’s earnings”. The government provides an example to illustrate this, which is that “men earn 15 percent more than women, per hour”. It is crucial to note […]
HMRC have decided to start using RTI data to amend tax codes as part of their new initiative called “PAYE Refresh”, which comes into effect from the 2017-2018 tax year.
In this article, we’re going to outline and explain the elements of the budget that relate to payroll in a broad or specific way.
The introduction of the Apprenticeship Levy has the primary purpose of funding new apprenticeships. The levy will apply to all employers in the UK that have a yearly pay bill of £3 million or more.
The 2016 Employee Outlook Research paper from the CIPD has found that 36% of the UK employees surveyed are dissatisfied with their current pay level and more worryingly that 25% of employees plan to leave their current company in the near future.
For those that are unaware, as is succinctly explained by Gov.uk “a salary sacrifice arrangement is an agreement between an employer and an employee to change the terms of the employment contract in order to reduce the employees entitlement to cash pay”.
The government has recently cut back their initial, quite radical, proposed changes to the way termination payments are taxed. They have instead, more recently, issued new draft legislation, which represents comparatively milder proposed changes.
The Pensions Regulator’s fourth annual analysis clearly shows that Auto Enrolment is successfully helping to revert a long standing decline in pension provision that many assumed could never be changed.