Pension crisis looms, so how can business owners help their employees?
The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising from 35 to 38 per cent over the past year.
Streamlining your payroll set-up with employment and tax records
When your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve completed the right checks and set them up in your payroll system!
Reviewing your payroll? Check what’s changed
With the new tax year underway, it’s time to review your payroll to ensure that it reflects the latest changes and updates to legislation around pay, holiday and tax.
Why do SMEs need an accountant?
If you are an owner of a small to medium-sized enterprise (SME), it is essential to consider the benefits of having a professional accountant.
Understanding payroll responsibilities for apprentice wages
Managing payroll effectively is crucial, especially when it involves apprenticeship wages. Employers must adhere to government regulations to avoid potential fines, penalties and disputes.
New payrolling of Benefits-in-Kind (BIK) system: A guide for SMEs
From April 2026, small and medium-sized businesses will be required to report and pay taxes on employee benefits like company cars and accommodation directly through their payroll software.
Payroll tax obligations – Have you got it covered?
If you employ one or more people for paid work, it’s essential that you have a properly managed payroll.
What businesses need to know about recent updates to payroll
The Department for Business and Trade has recently released feedback on two major consultations concerning payroll and holiday entitlements.
18-year-olds to be included in auto-enrolment expansion
A recently approved Bill proposing an extension to the auto-enrolment (AE) scheme will facilitate “earlier and increased savings” for millions of young people across the UK.
Understanding IR35 and its implications for employers
If your business engages off-payroll workers, it’s essential to be familiar with IR35 and its potential impact on your operations.