Advice

Browse 83 Advice about Employment

Increase in the Employment Allowance 25 Jun 2022 Employment, Tax - Recently, the Employment Allowance was increased from £4,000 to £5,000 to add benefits to all SMEs.
EMI Share Options: Why are they so popular and the key pitfalls 21 Jun 2022 Employment, Tax - EMI share options, allow for no cost upfront for the employee, with the employee only having to pay a low price for the share on an exit event.
How to identify NIC increases on the payslips 9 Jun 2022 Bookkeeping, Employment, Tax - HMRC asked employers to include a message for employees on all payslips between 6 April 2022 and 5 April 2023.
EMI – Eligible Employees 8 Jun 2022 Employment, Tax - The working time requirement is based on the average working time of an employee.
Does your business qualify for EMI? 7 Jun 2022 Employment, Tax - In order to qualify for the EMI scheme, companies must meet qualifying trade and permanent establishment requirements.
Salary Sacrifice Pension – how does it work? 5 Apr 2022 Employment, Tax - Considering upcoming changes in NI, we decided to briefly explain what it is, how it works and what are its advantages and disadvantages.
6 Key Accounting Trends for 2022 2 Mar 2022 Bookkeeping, Employment, Tech, Trends - 2021 was a year of change, and 2022 is set to bring more challenges and opportunities for the accounting industry.
Payroll: RTI Penalties And Grace Period 1 Sep 2021 Deadlines, Employment, Tax - With RTI, penalties are charged if the FPS is filed late or if HMRC did not receive the expected number of FPSs or an Employer Payment Summary
Tax Consequences Of ‘Illegal’ Dividends 27 Jul 2021 Bookkeeping, Employment, Tax - If a director sanctions illegal dividend payments, there can be significant tax for both the individual concerned and the company.
Termination Payments And Class 1A National Insurance 27 Jul 2021 Employment, Tax - When terminating an employment, the employer may need to pay Class 1A National Insurance on a termination award made to the employee.
No Retained Profits – How To Extract Cash To Cover Living Expenses? 21 Jul 2021 Bookkeeping, Employment, Strategy, Tax - A popular strategy is to take a small salary which is at least equal to the lower earnings limit and to extract further profits as dividends.
National Insurance (NIC) & Company Directors 21 Jul 2021 Employment, Strategy, Tax - When it comes to calculating their Class 1 National Insurance liabilities, there are special rules applying to company directors.