Payroll

The year 2023 looks set to be an interesting one for the development of individual employment law rights, with a number of Bills currently on their way to become law that will change existing, and provide additional, rights to employees that will help them to better balance their work and personal commitments, which is set… Read more

UK findings of the ACCA UK and Corporate Finance Network (The CFN) SME Recovery Tracker: Research reveals continued financial pressure on SMEs and a spike in reports of worsening mental health. More than 1 in 4 (26%) of UK SMEs will struggle to meet rising payroll costs in April due to the incoming health and… Read more

Big changes to the way contractors and those who work with them pay tax and National Insurance are coming this April. From April 2021, large and medium sized companies will need to check the employment status of their contractors where their services are being supplied through an intermediary, (usually a personal service company). You are… Read more

It was announced yesterday that the Coronavirus Job Retention Scheme (CJRS) and Covid-19 business loan schemes would be extended. Coronavirus Job Retention Scheme (CJRS) Businesses adversely affected by the coronavirus (COVID-19) can now make use of the CJRS until the 30 April 2021, with the government continuing to pay 80% of employees’ salaries (capped at… Read more

Please note that our Payroll team are currently experiencing a very high volume of enquiries in light of the COVID-19 outbreak and Furlough announcements. If you have an enquiry which relates to furlough and/or payroll, please can we ask that you get in touch with your Client Manager directly, rather than our payroll team. This will ensure that… Read more

Employees who started new jobs up until 19 March have now been brought into the scope of the Coronavirus Job Retention Scheme and their employers can make a claim for 80% of their wages. The change was revealed in HM Revenue & Customs’ fourth iteration of its furlough scheme guidance, which has been published today (15… Read more

From April 2020, HM Revenue & Customs (HMRC) are introducing new rules and processes for claiming the employment allowance. What’s changing? Employers who’s secondary (Employer contributions only) National Insurance bill was £100,000 or more in the previous tax year are no longer eligible to claim the employment allowance. Employment allowance is now considered a type of State Aid …. Read more

National Living and National Minimum Wage Increases Wage rates for all ages including apprentices will be going up on 1st April 2020. The Government has again accepted in full the Low Pay Commission’s recommendations to ensure a pay increase for the lowest paid workers that exceeds both inflation and average earnings. The rise follows the… Read more

Payroll is a vitally important function within a business and never more so now that the Government has confirmed that it will be paying furloughed workers* up to 80% of their wages through reimbursement via HMRC. During these uncertain times, businesses must know that they can rely on the support of their payroll advisers to… Read more

Find out how Hunter Gee Holroyd and HGH Wealth Management have been Making a Difference Spring 2019. What changes have been happening in the last 6 months that may affect your business or personal finances? What’s the latest news from the Hunter Gee Holroyd and HGH Wealth Management teams? Read on to find out! Introduction… Read more