3 July 2018
With employers now offering more perks and benefits than ever before, payroll is becoming more complex. It’s no longer just a case of taking out tax and national insurance, there are many deductions that have to legally be made, which can be a headache for payroll departments. That’s why it’s…
26 June 2018
In the government’s second finance bill that was confirmed last month, dividend allowance was cut by £3,000 from its current level at £5,000. As Chancellor continues to target the contracting industry this could leave contractors with a dividend tax bill of £1,143. Phillip Hammond first spoke about the dividend cut…
24 June 2018
With the deadline for self-assessment having passed on 31st January, HMRC would assume that all tax returns are submitted and tax bills settled. Failure to do so would lead to additional charges and penalties. However, if you are stuck with trying to pay your liabilities there are a few options.…
20 March 2018
On May 25th 2018, The UK will undergo the biggest changes to its Data Protection laws in more than 20 years. This is namely GDPR, the General Data Protection Regulation and it will replace the current Data Protection Act from 1998. This will have a considerable effect on payroll processing…
28 December 2017
Bureau payroll software is a vital part of running a business these days and if it’s not something that you have in place now, it’s going to become even more necessary as changes to the law come into force. The two main things that will affect payroll processing for accountants…
