Payroll news

Tax Rates and Allowances 2021/22

Tax Rates and Allowances 2021/22

Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...

Budget 2021

Budget 2021

Budget 2021 The Chancellor Rishi Sunak presented his second Budget on Wednesday 3 March 2021. In his speech, he stated his Budget 'meets the moment with a three-part plan to protect the jobs and livelihoods of the British people'. Main Budget proposals Tax measures...

Changes to the off-payroll working rules from April 2021

Changes to the off-payroll working rules from April 2021

If your business utilises subcontractors who provide personal services through limited companies or other intermediaries, then you may have to make substantial changes to comply with new rules which take effect from April 2021. It is vital that you act now to ensure...

Chancellor Announces Job Support Scheme

Chancellor Announces Job Support Scheme

The Chancellor Rishi Sunak has announced a new Job Support Scheme to top up the wages of workers on reduced hours along with other emergency measures to assist businesses. We have provided a summary of the announcements.   Job Support Scheme The new Job Support...

Government Announces Changes to Job Retention Scheme

Government Announces Changes to Job Retention Scheme

Government Announces Changes to Job retention Scheme At a recent briefing, the Chancellor Rishi Sunak outlined how employers will shortly have to start sharing the cost of the Coronavirus Job Retention Scheme. Workers can return to work from the start of July on a...

Coronavirus Statutory Sick Pay Rebate Scheme

Coronavirus Statutory Sick Pay Rebate Scheme

Coronavirus Statutory Sick Pay Rebate Scheme If you are an employer, you may be entitled to use the Coronavirus Statutory Sick Pay Rebate Scheme. The government is set to launch this online scheme on 26 May 2020. This scheme is aimed at small and medium-sized...