We are currently putting procedures in place for the changes coming in to play for the new tax year. I thought it would be useful as an employer for you to know what the changes are so you can make sure you are complying with the legislations too…. There are 3 main changes being put…

Date posted: March 29, 2019 | Author: | No Comments »

Categories: Payroll Tips

Here at TI Accountancy it looks a little like Santa’s workshop as our own little elves are busy preparing for the Payroll Year End. One of the elves tasks involves sending out P60’s for all our client’s employees.  At TI Accountancy we send out P60’s directly to the employees, safely and securely, through our payroll…

Date posted: February 22, 2019 | Author: | No Comments »

Categories: Payroll Tips

Payroll Allowance Changes for 2019/2020  If you are anything like me then you’ll like to know what is ahead so you can be prepared. I thought I would share the changes coming in from April 2019 in regard to your allowances for 2019/2020.  This will be handy to know if you are looking at certain…

Date posted: January 25, 2019 | Author: | No Comments »

Categories: Payroll Tips

Did Father Christmas bring you everything you wanted this year? The car that’s been your screen saver for like forever? The holiday your kids will remember forever? The dream kitchen you want for the house? ….. No?? Well I guess you didn’t write that letter soon enough in 2018!! This year why not write your…

Date posted: January 4, 2019 | Author: | No Comments »

Categories: Accountancy Tips Payroll and Accounting Tips Payroll Tips

Are you an Employer paying employee’s a fixed salary? There’s only 5 months to go until the new legislation comes in that requires all employees to be provided with itemised payslips. On the 8 February 2018, a new statute was laid before Parliament: The Employment Rights Act 1996 (Itemised Pay Statement) (Amendment) Order 2018. Currently,…

Date posted: November 8, 2018 | Author: | No Comments »

Categories: Payroll and Accounting Tips Payroll Tips

Around 2.3% of the UK work force use zero-hour contracts and this number is rising. Employer’s usually employ people under a zero-hour contract to secure flexible employees when staff levels vary throughout the year.   It is useful to use zero-hour contracts where work demands are irregular or there is not a constant demand for…

Date posted: October 5, 2018 | Author: | No Comments »

Categories: Payroll Tips

In March 2014 the then coalition government first launched the Tax-Free Childcare Scheme with an anticipated rollout date of late 2015, however due to a legal challenge the launch was delayed until April 2017. Tax-Free Childcare gives eligible families up to £2,000 free per child towards childcare costs. Due to the new scheme the existing…

Date posted: August 31, 2018 | Author: | No Comments »

Categories: Payroll Tips

You’ve now doubt heard already that The Pension Regulator (TPR) are not only prosecuting employers for none-compliance of auto-enrolment but they have now started to prosecute employers for giving misleading information too. After a whistle-blower prompted TPR to investigate into Crest Healthcare they became the first employers to be prosecuted for knowingly providing false information…

Date posted: August 10, 2018 | Author: | No Comments »

Categories: Auto-Enrolment Payroll Tips

With all businesses now reaching their auto enrolment staging date The Pension Regulator is using its powers to establish employers have fulfilled their Auto Enrolment duties. The watchdog issued 11,156 fixed penalty notices between January and March 2018 – up from 7,435 in the previous quarter which shows how serious they are in enforcing everyones…

Date posted: June 8, 2018 | Author: | No Comments »

Categories: Accountancy Tips Payroll Tips

I know I have mentioned it previously but I wanted to make sure you knew to inform any clients you have that minimum contributions increase from 06/04/2018 to 3% for employees and 2% for employers.   These increases are the new legal minimum payments that all employers are required to apply to their employee’s pensions….

Date posted: April 20, 2018 | Author: | No Comments »

Categories: Payroll Tips