One of the most emotive and potentially explosive processes in any business, accurate and timely processing of your payroll is paramount to harmony within your team!
As we’ve explained in our Payroll services page, we don’t process payrolls internally, but do keep ourselves up to date on the key legislative changes and are able to advise clients accordingly.
In common with other sections of our Information Centre, this section includes pointers, updates and suggestions to keep you safe and current.
If you have any questions after reading any of these posts, please get in touch!
Payroll Questions – and answers!
A new client asked us a few payroll questions recently because they were curious about where our boundaries are. We’d told them that we’ve taken the decision not to process payrolls, and why, which prompted the questions. The queries were entirely valid, and showed us that we should have been clearer! These were the payroll questions, together with our answers.
Make PAYE Payments by Direct Debit – at last!
Employers will now be able to make PAYE payments by Direct Debit each month. Previously it has only been possible to set up a one-off Direct Debit payment.
Would your family like some extra cash?
If your family members have ever asked for some extra cash from your business, or you’ve thought about gifting shares, this post is for you! Watch this to find out what you need to consider…
Home Working Tax Relief Changes
During the pandemic, HMRC changed the rules around the Home Working Tax Relief, and anyone working from home could claim.
This has now changed and employees need to check their Notice Of Coding.
What are Trivial Benefits?
Helping members of your team to feel valued and appreciated can play a large part in retaining them for the future of your business.
You need to be careful what you give as gifts though, to ensure you’re not causing unexpected tax issues as an unwelcome side effect!
Salary or Dividends?
Since the change of dividend rates in April 2023, some Directors have chosen to withdraw cash from their company as a salary.
There are pros and cons to the decision…
Related News Items
Tax – P11Ds
Tax – National Insurance
Each of our clients receives regular updates that keep them aware of changes and suggestions on a wide range of subjects; if you’d like to receive those too, just click on the button below, add your details and we’ll do the rest!
Chris and Liz are fantastic; they always explain things in simple plain English. They’re always happy to respond to any questions I have no matter how silly they might be.
Whenever I have had a chat with Chris and Liz I always walk away with a positive outlook on my business, even when things have not been going to plan they will give me advice on what I can look at trying to improve. I cannot thank them both enough for the help they have given me in improving my business.
Mr A Culverhouse, Culverhouse Gardens Limited
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