Pensions and Payroll

The government has launched a consultation on proposals to give senior NHS doctors and nurses access to more flexible pensions. The proposals aim to offer senior clinicians more control over their pensions growth. The consultation follows reports that senior NHS
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HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on: Class 1A liabilities payable on Termination Awards and Sporting Testimonial Payments Off-payroll working rules from April 2020 Disguised Remuneration Seasonal
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HMRC has confirmed that it will continue its risk-based approach to payroll Real Time Information (RTI) late filing and late payment penalties this tax year. Rather than late filing and late payment penalties being issued automatically, HMRC will continue to
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The government has published the draft legislation for the next Finance Bill including the rules for off-payroll working in the private sector. The legislation is open for consultation until 5 September 2019. The new rules will apply from April 2020
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HMRC has issued the latest version of the Employer Bulletin. This April edition has articles on a number of issues including: Cash Allowances, Flexible Benefits Packages and Salary Sacrifice Unpaid work trials and the National Minimum Wage Diesel Supplement Company
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The government has confirmed that the initiative to introduce a pensions dashboard will go ahead. Pensions dashboards will allow those saving for retirement to view information from multiple pensions in one place stating that the dashboard will ‘open up pensions
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  There has been a great deal in the news recently about pensions, and specifically about how changes to pensions rules are impacting on certain individuals’ ability to save for their retirement. Doctors and other high income employees who have
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At last the clocks have gone forward, days are becoming longer and some warmth is in the air (well, almost, although it didn’t feel like that from the side lines of the football pitches I was at over the weekend!!).
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Minimum pension contributions are set to increase from 6 April 2019:   Duration   Employer minimum   Total minimum contribution   Current contributions   2%   5%   6 April 2019 onwards   3%   8%   The Pensions Regulator
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The National Minimum Wage (NMW) and National Living Wage (NLW) are the legal minimum wage rates that must be paid to employees. Employers are liable to be penalised for not complying with the NMW and NLW rules. There are different
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