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Pensions and Payroll

Furlough Fraud – act now

14th October 2020 | Written by In Accountancy | Categories : CoronaVirus, Pensions and Payroll, Small Business Advice
Furlough Fraud – act now

Furlough Fraud – time is running out for firms to disclose any incorrect furlough claims, even when these have been made accidentally. The 90 day amnesty period for any claims made before 22 July 2020 comes to an end on
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More than £30 million lost to pension scams

25th September 2020 | Written by In Accountancy | Categories : News, Pensions and Payroll
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More than £30 million lost to pension scams

Over £30 million has been lost to pension scams since 2017, according to the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR). A total of £30,857,329 in pension savings has been lost to scammers since 2017, data published by
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HMRC Latest guidance for employers

21st September 2020 | Written by In Accountancy | Categories : CoronaVirus, Pensions and Payroll, Small Business Advice
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HMRC Latest guidance for employers

HMRC has published the latest edition of the Employer Bulletin. This guidance for employers, and their agents, includes articles on: Coronavirus Job Retention Scheme and what employers need to do from August onwards making sure you are paying the correct
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Furlough fraud – make corrections or face fines!

13th September 2020 | Written by In Accountancy | Categories : CoronaVirus, Limited Companies, News, Pensions and Payroll, Small Business Advice
Tagged in: Furlough, HMRC,
Furlough fraud – make corrections or face fines!

Taxpayers who have received CJRS or SEISS grants are urged to doublecheck their entitlement as the 90 day period to inform HMRC of any overclaimed amounts is now law. Furlough fraud – Do you need to be worried about overclaimed
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Redundancy packages and tax liability

10th September 2020 | Written by In Accountancy | Categories : CoronaVirus, News, Pensions and Payroll, Personal Tax, Tax Advice
Tagged in: redundancy,
Redundancy packages and tax liability

Redundancy packages are unfortunately at the front of many minds at the moment, with many people asking “Will the taxman get his hands on…


HMRC Delays Introduction Of Off-Payroll Rules To Private Sector

18th April 2020 | Written by In Accountancy | Categories : Contractors, CoronaVirus, News, Pensions and Payroll
HMRC Delays Introduction Of Off-Payroll Rules To Private Sector

HMRC has delayed the introduction of off-payroll rules to the private sector as part of its measures to support businesses through the COVID-19 pandemic.


Minimum Wage Increases

10th March 2020 | Written by In Accountancy | Categories : News, Pensions and Payroll
Minimum Wage Increases

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.


Review Confirms Off-Payroll Working Rules To Go Ahead From April 2020

8th March 2020 | Written by In Accountancy | Categories : Contractors, Pensions and Payroll, Tax Advice
Review Confirms Off-Payroll Working Rules To Go Ahead From April 2020

The government has confirmed that reforms to off-payroll working rules for the private sector will go ahead from 6 April 2020.


IR35 And Your Limited Company

21st February 2020 | Written by In Accountancy | Categories : Limited Companies, Pensions and Payroll
IR35 And Your Limited Company

As you are no doubt aware, IR35 is coming in from April this year and in order to help everyone understand how this will impact them we have put together the following points for clarification.


Retiring Clinicians Payments

18th January 2020 | Written by In Accountancy | Categories : Client News, Medical and healthcare, Pensions and Payroll, Tax Advice
Retiring Clinicians Payments

The Secretary of State has confirmed that the commitments being entered into, to make payments to clinicians affected by annual allowance pension tax, will be honoured when clinicians retire.


Pension Tax Windfall for Top Earners

16th January 2020 | Written by In Accountancy | Categories : Client News, Medical and healthcare, News, Pensions and Payroll, Tax Advice
Pension Tax Windfall for Top Earners

The Treasury is preparing to give tax relief worth hundreds of millions of pounds to those earning more than £110,000. The measure will stop doctors being hit with huge bills, which are causing them to turn down extra work and harming patient care.


Minimum Wage Rates Announced

7th January 2020 | Written by In Accountancy | Categories : News, Pensions and Payroll
Minimum Wage Rates Announced

The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over.