Updated Rates Under the Pensions Act 2008, the minimum amounts paid into automatic enrolment pension schemes are increasing for employers and their staff. The increases occur in two phases – the first increase needs to be made by 6 April 2018 and the second needs to be in place for 6 April 2019. Every time.. read more →
Today’s Guest Post is by Lathem Elwin of Holmes Accountancy Limited. I subscribe to the Holmes Accountancy Friday Tax Tip, and after their tip about the new dividend tax last week I asked if they’d be willing to write a guest post for me with more detail, and that is what Lathern has done. read more →
It’s getting to that time of year again, where we reach the end of another tax year and the start of another. HMRC have just issued their advice document P9X_2016 informing us of the tax codes to use next year. Personal Allowance For 2016 to 2017 the basic Personal Allowance will be £11000 and the.. read more →
The National Minimum Wage (NMW) increased on 1st October 2015. The rate per hour you get depends on your age and if you are an apprentice, and you must be at least school leaving age to get it too. The rates have increased meaning the NMW applicable to pay reference periods starting on or after.. read more →
Sage 50 have released a mandatory update to the Payroll V21 software, to take you to version number 21.03.410. The software will not run unless you install the update, however if you do not have administrator privileges then the update may not install correctly and you could get an error message such as “Error 1325.alison.mead.. read more →
I don’t know if it is just me, but since it’s redesign I am finding information pages on the HMRC website much harder to find these days. One particular example was knowing how to change the tax codes for the start of the new financial year. So to help I will summarise here the changes.. read more →
If you use the HMRC basic PAYE tools then please be aware that there is now an update available from the GOV.UK website. This new version includes updates to the automatic update facility, and needs to be downloaded and installed directly from the website. You shouldn’t attempt to download by selecting the ‘Check for updates/Check.. read more →
The new Sage 50 Payroll has two levels of updates, some come as part of the basic program, and others are separate modules which you only need to subscribe to if you need those features. To find out about the Tiered Pensions and Automated Payslips modules take a look at my previous post about Sage 50.. read more →
Sage have just released their latest version of Sage Payroll. We are just downloading the software now, but to whet your appetite take a look at a couple of the new exciting features that have been developed. Automated Payslip Module Instead of ordering your payroll stationery by the box as and when you run out.. read more →
If you run a small company of less than 50 employees then you should have recently received a notice from the HMRC about in-year filing penalties. read more →
