As the year winds down, many businesses face the challenge of managing holiday payroll. With extra considerations for holiday pay, changing schedules, and seasonal staff, the end-of-year period can quickly…
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The current State Pension is £11,502 and is due to rise to around £12,000 a year for 2025/26. Given that it would cost over £300,000 to secure an index-linked annuity…
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We have become aware of scam letters and emails falsely claiming to be from HMRC being sent to taxpayers. These letters request important personal information that fraudsters could use to…
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National Payroll Week is not only a chance to celebrate the hard work of payroll professionals but also to recognise the vital role payroll plays for millions of employees across…
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Making Tax Digital (MTD) is an initiative by HMRC to modernise the UK tax system, making it easier for businesses to get their tax right. By moving away from paper-based…
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Employers can cover the cost of certain staff social events without incurring tax liability, thanks to a statutory exemption that now replaces the previous concession, provided certain conditions apply. This…
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The table below sets out the HMRC advisory fuel rates from 1 June 2024. These are the suggested reimbursement rates for employees' private mileage using their company car. When…
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Where a company car is provided for use by an employee or director there is a benefit in kind taxable on the employee based on the vehicle’s original list price…
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