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Blockchain payments and payroll

By |February 6th, 2017|

Blockchain payments is a topic that’s high on the agenda for those at the leading edge of the financial world.

If you’re involved in making payments in your business it may well be a term you’ve heard of and are curious about. While it’s not a topic that appears to be on the immediate agenda in […]

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The Apprenticeship Levy explained

By |January 12th, 2017|

The Apprenticeship Levy, which is on the horizon, is being packaged as a real opportunity for young workers, yet is still misunderstood by many employers. A scheme that will allow for support in both apprenticeship standards training and apprenticeship frameworks, the goal is to turn the spotlight back to employer-based training.

 

This change represents a real […]

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When and how to use Postponement

By |September 22nd, 2016|

Automatic Enrolment is on most small business agendas at this point. Although many reports are stating that the process as a whole is posing fewer problems than previously imagined, one of the areas that is reported as prompting most questions of The Pensions Regulator is postponement.

An approach that can be particularly useful for employers with […]

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When getting it wrong is a crime

By |September 7th, 2016|

Immigration has been high on the UK agenda, thanks to Brexit amongst other things, but in July of this year, employers felt the immigration noose tighten as maximum jail sentences for some immigration related offences were raised to 5 years.

This fact was relatively well publicised, so most employers are aware of it and are likely […]

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The Key to Greater Success

By |August 31st, 2016|

Our good friends at UHY Hacker Young are teaming up with a team of industry experts to create a must attend event for agency owners and directors.

Join them on 11 October from 8.30am at RBS 280 Bishopgate where you will be inspired by Tony Goodwin from Antal International, Paul Jacobs from LoveWorkLife Consulting, Marie Pegram from UHY […]

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What is the Scottish Rate of Income Tax?

By |August 19th, 2016|

The Scottish Rate of Income Tax or SRIT, born out of The Scotland Act, 2012 is the successor to the Scottish Variable Rate or SVR. Announced on 16th December 2015, the SRIT rate, which came into effect from 6th April of this year is 10% for the current tax year.

Set by the Scottish Parliament, SRIT […]

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P11D forms – what they are and when you need to complete them

By |August 15th, 2016|

Form P11D is a statutory form required by HM Revenue & Customs (HMRC) from UK based employers to detail the cash equivalents of benefits and expenses that they have provided during the tax year to directors and employees who earn more than £8,500 per year.

Your company will be affected by the P11D rules and regulations […]

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FTSE 100s hit by costly payroll mistakes

By |February 19th, 2016|

A recently published article containing research carried out by PwC (PricewaterhouseCoopers) unveiled what most employers will find to be quite a staggering statistic. This research revealed that payroll mistakes were costing the average FTSE 100 company between £10m and £30m each year. In this study, focused around encouraging compliance and forward thinking in payroll circles, […]

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Make the most of Childcare Vouchers

By |December 7th, 2015|

Paying for childcare using Childcare Vouchers is a great way for parents to potentially save thousands of pounds a year in tax.

A system that is scheduled to be phased out in 2017, there’s certainly an argument as an employer to buy into this opportunity ‘while stocks last’. A cost saving employee benefit, Childcare Vouchers are […]

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What are Bacs service user numbers (SUNs)?

By |December 1st, 2015|

What are Bacs Service User Numbers (SUNs)?
SUNs, Bacs Service User Numbers or an Originator ID as it is sometimes called, are numbers that are allocated to businesses that wish to make payments using the Bacs service. The number is allocated by the Bankers’ Automated Clearing Services or Bacs.

It is the way, thanks to this unique […]

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