Syndicate content

PAYE and NI

Tribunal says holiday pay should include overtime

Thousands of businesses are facing additional costs after a tribunal ruled that overtime should be included in holiday pay calculations.

Employment costs for small firms revealed

Small businesses pay an average of £35,500 to hire their first employee, according to research by the Centre for Economic and Business Research and the Federation of Small Businesses.

IR35 self-assessment scrapped

Businesses will no longer be able to self-assess their risk to IR35 from April 2015, HMRC has announced.

RTI extension for micro employers

Micro employers will be given until April 2016 to adapt to the real time information system for reporting PAYE payments, HM Revenue & Customs has announced.

New minimum wage rates now in force

The latest increases to minimum wage rates have come into force today, in line with recommendations set out by the Low Pay Commission.

Employers get savvy with staff benefits

More employers and HR professionals are aligning their staff benefit packages with the company's objectives, the Chartered Institute of Personnel and Development (CIPD) has found.

Universal Credit criticised by spending watchdog

The Government's welfare reform programme - Universal Credit (UC) - has suffered from 'ambitious timescales' and 'weak management', according to a report by the National Audit Office (NAO).

Britons need more information about new single-tier pension, say MPs

The Government must do more to inform individuals about the forthcoming single-tier state pension system which will affect around 40 million Britons, a report by the Work and Pensions Committee has said.

Don't ignore PAYE changes, warns small business group

Small businesses that are not yet ready for the introduction of the new Real Time Information system cannot afford to further delay their preparations, the Forum of Private Business has warned.

Relaxation of RTI reporting arrangements for small businesses

Small employers who pay staff on a daily or weekly basis are to be given more time to report employee earnings via the new Real Time Information system, HMRC has announced.