If you are an employer, you may need to have one eye on the National Minimum Wage levels. The current levels are: £6.08 the main rate for workers aged 21 and over £4.98 the rate for 18-20 year olds £3.68 the 16-17 rate for workers above school leaving age but under 18 £2.60 the apprentice …
If you are an employer and provide benefits to your employees, you may have to complete a P11D. The deadline for submission to HM Revenue and Customs (HMRC) is 6 July. More information is available here. Alternatively, you may wish to think about applying for a dispensation to avoid completing P11D’s which may, in the right …
If you are an employer and have a PAYE scheme registered with HM Revenue and Customs (HMRC), then you will have to complete and submit an Employer’s Annual Return, also known as a P35. This summarises the PAYE and NIC deducted from your employees, and if relevant, any CIS tax deducted from your subcontractors and …
If you are an employer, you may need to apply for a dispensation. Why? Because expenses reimbursed from an employer to employees – including directors – should be included as income on a personal tax return, with a corresponding claim of expenses for exactly the same amount. This amounts to a lot of work for …
Where an annual Christmas party is open to staff generally, HM Revenue & Customs (HMRC) will treat expenditure of up to £150 per head per annum as tax free. ‘£150 per head’ means the total cost of the function, including VAT and any transport or accommodation provided by employer, divided by the number of people …
If you are an employer, you may need to have one eye on the National Minimum Wage levels. The current levels are: £5.93 the main rate for workers aged 21 and over £4.92 the rate for 18-20 year olds £3.64 the 16-17 rate for workers above school leaving age but under 18 £2.50 the apprentice …
Being a new employer can be a daunting experience, given the changes in employment law over the last 5 years. The following link (opens PDF document) is a useful guide for new employers produced by ACAS, and covers many of the legal issues you need to consider when taking on employees. We can help with the …