Providing a simple way of remunerating your employees and to reward them for loyalty can create an administrative headache. Finding the most efficient way that does not result in a PAYE tax or National Insurance liability for you or them can take up your valuable time. Q: What can I provide without creating a liability? You can provide a Company Mobile Phone… …but the contract has to be between the company and the supplier, and the payment must come out of the Company bank account. Private calls and data allowance for that phone paid directly by you as the employer
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Monthly Archives March 2019
Should I outsource my payroll?
How many hours a pay period does it take you to complete your payroll? With April 2019 bringing in many legislative changes in your business is payroll one thing you can clear off your desk and outsource it to a reliable service provider? Q: What changes are coming in April 2019? National Minimum Wages rates increase to: Employees over 25 £8.21 Employees 21 to 24 £7.70 Employees 18 to 20 £6.15 Employees below 18 £4.35 Apprentices £3.90 Employment Rights Act 1996 (Itemised Pay Statement) (Amendment) (No.2) Order 2018 comes in to force on 6 April 2019, whereby employers must deliver
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