Last updated on May 25, 2022We all know only too well that payroll can be a difficult animal to tame. In my opinion it is much easier to control payroll with the correct software applied in the correct manner.  Software will change and evolve every year as does the regulations and legislation surrounding payroll.  Choosing…

Last updated on May 25, 2022My employer Tracy, will often be heard throughout the office day but more so when it comes to one of her pet hates…The Mood Hoover! A Mood Hoover is an employee with a gripe and isn’t shy to let everyone in the office know about it.  They bang on about…

Last updated on May 25, 2022I find myself often wondering why employees might decide to move on to pastures new.  Are they not getting paid enough?  Do they not enjoy the job? Are there not enough prospects?  These are all questions employers will ask themselves if they find they have a higher rate of labour…

Last updated on May 24, 2022As the year end trundles ever closer, employers must start thinking about the dreaded P11d submissions.  The P11d’s need to be completed and filed with HMRC by the 6th July 2017. If you’re in any doubt what a P11d form is and whether you need to complete one, let me…

Last updated on May 24, 2022Are you holiday savvy? Employees will often ask the question, “How many holidays do I get this year?” If you’re not ready for this, then it can be quite an awkward conversation. To simply answer, “I don’t know…” may not wash too well with your employees.  The best way to…

Last updated on November 21, 2023The rules surrounding Sunday working are not exactly straight forward. If employees have to work on Sundays, depends largely on their contract i.e if the contract states that Sunday is a working day then…Sunday is a working day. However, for employees that have been around their workplace for a while…

Last updated on May 24, 2022Payroll is a function that is often undervalued by many businesses. It can be viewed as no more than a commodity by many people and even taken for granted at times.  Most employees will have a limited knowledge of payroll and probably see it as an administrative part of the…

Last updated on November 21, 2023Employers need to keep a keen eye on the ever changing minimum wage.  For small companies, increases in the minimum wage can put quite a strain on the business but failure to meet minimum requirements can lead to being ordered to pay the arrears by HMRC and then a trip…

Last updated on November 21, 2023British workers are becoming less satisfied with the benefits provided by their employers, research has revealed. A study on perceptions of benefits and wellbeing schemes found 44% of employees are happy with the benefits they receive, compared to 53% last year. Although workers in London (55%) and Scotland (52%) appear…

Last updated on May 24, 2022One in five employers are failing to sign its employees up to an auto-enrolment pension scheme. Putting them at risk of hefty fines from The Pensions Regulator, according to figures released by AE master trust Now: Pensions, to read more click here for the full article published by the FT…

Last updated on May 24, 2022HMRC pulls in £737m in payroll errors and Late Payment notices and it’s on the increase!   I was recently reading an article online regarding SME businesses owing HMRC large amounts in Tax due to Payroll errors. Not to mention the amount of money they will be making due to…

Last updated on May 24, 2022I recently read a blog online which rang very true in my mind. So many companies still don’t fully understand the world of Payroll processing and how much work goes into keeping up to date with the ever changing Payroll legislations. Finance, including Payroll, is a hugely sensitive subject and…

Last updated on May 23, 2023HMRC have brought out new rules regarding submitting CIS. Please read below their recent article: Over 85% of contractors and their authorised agents are already sending us their CIS returns online, but from April 2016 everyone will have to use the online service.  HMRC will no longer be accepting any…

Last updated on May 24, 2022Statutory maternity pay and statutory sick pay rates will not rise in 2016. The Government has proposed no annual increase in various statutory rates, including maternity pay, paternity pay, shared parental pay, adoption pay and sick pay. Check the rates HERE The current weekly rate of statutory maternity pay and other parental…

Last updated on May 24, 2022The government is set to roll out a refreshed auto-enrolment advertising campaign to make sure smaller companies are aware of their duties around workplace pension schemes. From July adverts fronted by former Dragons’ Den star and entrepreneur Theo Paphitis will be broadcast across the country. More than 47,000 large and…

Last updated on May 24, 2022A study has been carried out on behalf of HMRC to establish small firms’ awareness about, and experience of, Employment Allowance and the impact it has had on their business. Since April 2014, eligible employers have been able to claim Employment Allowance of up to £2,000 per year to offset…

Last updated on May 24, 2022I know that we have sent out emails regarding your staging date before but this article just shows the small amount of businesses that are acting on what needs to be done. Research published by the Pensions Regulator has revealed that only 29% of employers who have a staging date…

Last updated on May 24, 2022The Pensions Regulator has published an online guide to help employers with pension auto-enrolment. All employers are required to provide employees with access to a pension scheme, even if they only have one member of staff who is paid through PAYE. The guide provides detailed advice about how employers can…

Last updated on May 23, 2022Businesses have been warned they must get themselves up to speed on a controversial ruling which may entitle millions of workers to more holiday pay to take into account their overtime and commission. The European Working Time Directive (Directive) gives workers the right to paid annual leave but does not…

Last updated on May 23, 2022New wage rates for construction workers confirmed The new two-year pay agreement for construction workers negotiated between the Federation of Master Builders and the Building and Allied Trades Joint Industrial Council (BATJIC) will take effect from 29th June 2015. The agreement will increase adult general operatives’ wages by 25p per…

Last updated on May 23, 2022A survey carried out for Cigna UK Healthcare Benefits, has shown that more than 75% of employers and 60% of GPs are unaware of the new Fit for Work occupational health scheme. Even higher numbers were unaware of the £500 tax relief available to help pay for employees medical treatment….

Last updated on May 23, 2022Do you find yourself being asked by your employees questions regarding Holiday Pay , Sickness or Maternity Leave that you can’t answer? Here at TI Accountancy we now Partner with a HR company to help all our clients with any HR Issues they need answering. We offer different packages to…

Last updated on May 23, 2022It is estimated that nearly a million employees a year remain absent from work for more than four weeks, that is more than 130 million days are being lost to sickness absence every year 😮 , and that employers face an annual bill of around £9 billion for sick pay…

Last updated on May 23, 2022All small and micro businesses are to receive letters from The Pensions Regulator in the coming months as part of a new campaign to give them key information on automatic enrolment, including when the duties affect them. The decision to write to more than 1.5 million addresses across the UK…

Last updated on October 25, 2019Have you ever had an employee that has been off work for a period of time and they are now due back to work but you want to check that they are well enough to do their job correctly? The Department for Work and Pensions (DWP) has published guidance for…

Last updated on May 23, 2022Shared Parental Leave is a new legal entitlement for eligible parents of babies due (or children placed for adoption) on or after 5th April 2015. A recent survey has revealed that more than a third of fathers are forced to use their annual leave, instead of paternity leave, in order…

Last updated on May 23, 2022The Pensions Regulator has urged employers to check their pensions auto-enrolment staging date, following the publication of its Spring 2014 Employer Awareness, Understanding and Activity Survey. According to the Survey, around one in five small business owners, and around half of micro-business owners, do not know their exact staging date,…

Last updated on May 23, 2022The Employment Allowance (introduced 6th April 2014) is a reduction in Employer’s National Insurance contributions of up to £2,000 per year. It is designed to benefit small business owners who employ staff. Do you qualify?: It applies to Sole Traders, Limited Companies and/or Partnerships who employ staff. It applies to…

Last updated on May 23, 2022Pay-as-you-earn (PAYE) schemes that have been inactive for a minimum of 120 days will be automatically cancelled, according to HM Revenue and Customs (HMRC). The tax authority has announced that an RTI206 letter will be issued to an employer whose scheme is due to be shutdown, following an automated review…

Last updated on May 23, 2022Students working in summer jobs may receive a tax bill for the first time after HMRC made changes to how calculations are made. In the past Students have been able to fill in a P38(S) form to give to their summer employers, which meant they would not pay the basic…

Last updated on May 23, 2022The deadline for Employer Annual Returns is imminent, 19th May.  With this in mind HM Revenue and Customs (HMRC) are urging Business owners to complete their returns online as soon as possible in order to avoid late filing penalties. The PAYE end-of-year forms (P35, P14 and P11D[b]) will incur late penalties…

Last updated on May 23, 2022Are you ready for the big changes coming in payroll reporting? The start of the new tax year will mark the biggest single change to Britain’s payroll systems since the PAYE tax system was introduced in 1944 and this may prove a challenge for small businesses. Real Time Information (RTI)…

Last updated on May 23, 2022When Real Time Information (RTI) is introduced this April businesses will be penalised for incorrect returns from when the Finance Bill 2013 gains royal assent, expected to be July this year, but The Chartered Institute of Taxation (CIoT) believes this should be extended to April next year. They calling for…

Last updated on May 23, 2022Employer Annual Returns, which provide information on employees’ tax and national insurance deductions during the tax year, must be sent online to HMRC by the 19th of May. HMRC is writing this week to all employers who haven’t sent their return, to remind them to file on time and that,…

Last updated on May 23, 2022Your small business can send unnecessary costs packing with an NI holiday Fancy a break from paying employees’ NI contributions? If your small business meets certain conditions,  you could get £50k potential savings through NI holiday scheme. New businesses can receive up to £50,000 worth of potential savings by exempting them from  employers’  NI contributions for each of the first ten workers they employ. Reports say that only 10,000 firms have signed up when around 400,000 were expected by this stage. Prime Minister David Cameron is said to be disappointed by the low take-up for the scheme. Have many small businesses been on the ‘lilo’? One possible explanation is that the recession is putting off businesses from taking on more staff. It could be that the scheme has got buried under all the…