Bookkeeping, Accountancy and Taxation services
Redundancy is when you dismiss an employee because you no longer need anyone to do their job. This might be because your business is: changing what it does,doing things in a different way, for example using new machinery, orchanging location or … Continue reading Will the end of furlough mean redundancies in your business?
The division of tips/gratuities received by employees is often met with confusion around exactly WHO is liable for the relevant taxes and contributions. To assist business owners HMRC has published a booklet entitled ‘Tips, Gratuities, Service … Continue reading Guidance On Gratuities
Peter Wade assists in the bookkeeping and payroll department of MJB Avanti. The case study he provides demonstrates the constraints and hassle of HMRC that we have to contend with on a daily basis. This is Peter’s case study with a happy … Continue reading Case Study – Appealing Payroll Penalties
On 26 June 2020, the Chancellor, Rishi Sunak made a further (third) Treasury Direction under sections 71 and 76 of the Coronavirus Act 2020 concerning the Coronavirus Job Retention Scheme (CJRS). There are a number of important changes to the way … Continue reading Coronavirus Job Retention Scheme Updates
The Chancellor, Rishi Sunak, has announced more details about the extension of the Coronavirus Job Retention Scheme (CJRS) and the Self-Employment Income Support Scheme, and we’ve outlined these below for you. Coronavirus Job Retention … Continue reading Updates From The Chancellor – CJRS and SEISS
The coronavirus Statutory Sick Pay Rebate Scheme will launch online on 26 May. The scheme will enable employers with less than 250 employees to claim coronavirus-related Statutory Sick Pay (SSP). Employers are eligible to use the scheme … Continue reading SSP Rebate Scheme Launching
The Pensions Regulator have advised they are "working with HM Treasury and the Department for Work and Pensions to feed into the Coronavirus Job Retention Scheme’s central guidance on the pensions element of the grant. The guidance below addresses … Continue reading COVID-19 guidance for employers: Auto enrolment and pension contributions
During what is undoubtedly a challenging time for employees and employers, it is important to recognise if you need to take annual leave for its general health benefits such as your mental well being and ensuring that if you are still working that … Continue reading Taking Annual Leave During Coronavirus
After much anticipation following the announcement of Government support measures for Businesses, the new Furlough system from HMRC will be up and running from 20th April, and we need to start declaring those employees you would like to … Continue reading Furlough Scheme Is Ready From 20th April
We are receiving an extremely high number of calls in regards to paying employees statutory sick pay if they are off work due to coronavirus. We have put together a summary of information based on the most common questions asked over the last few … Continue reading Staff off work due to coronavirus, what should I pay and what can I reclaim?
If you thought the complexities of payroll were already hard enough, think again because thanks to a case involving voluntary overtime and an amendment to the employment rights regulations, calculating holiday pay is about to become even more … Continue reading Holiday Pay Headache
With the 2018/19 P11D deadline looming, should I be considering payrolling benefits in future? What is the advantage? What do I need to do and when? Answer … Continue reading Tax Question Of The Week – P11D’S & PAYROLLING BENEFITS
