National Insurance for company directors

The earnings period for a director is an annual one and National insurance contributions are normally calculated by reference to earnings paid only in that particular earnings period. National Insurance on director’s salary is paid over to HMRC by the company like other employees (as part of the PAYE Process).…

TPR’s three-year plan

The Pension Regulator (TPR) has published a new three-year plan, as well as detailed agenda information it takes from pension insurance, anti-fraud, dashboards and dealing with the changing nature of defined contribution pension insurance. The plan is explained through five categories, with a detailed explanation of what will be done…

The Pensions Dashboard Programme

The Pensions Dashboard Programme is an ongoing project in development that will enable people to view all their lifetime pensions savings in one place. It will provide more clarity to individuals on their pensions information so they can organise their retirement plans in a more efficient way. The complete roadmap…

FPS error codes and what do they mean

Once you’ve run payroll to your employees you must send an FPS to HMRC on or before the date of payment, letting them know how much you’ve paid. The following are the most common errors and advice on how to resolve the issue:

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