Category Archives: Employers

Salary Sacrifice Arrangements

This video provides an overview of salary sacrifice arrangements and is based on information obtained from the HMRC website https://www.gov.uk/guidance/salary-sacrifice-and-the-effects-on-paye
Overview of Salary Sacrifice Arrangements
A salary sacrifice arrangement is an agreement to reduce an employee’s entitlement to cash pay, usually in return for a non-cash benefit.

Salary sacrifice arrangements cannot reduce an employee’s cash earnings below the National Minimum Wage rates.

As an employer, you can set up salary sacrifice arrangements by changing the terms of …

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Setting up your payroll for the new tax year

This blog provides an overview of the steps that you have to undertake as an employer to set up your payroll for the new tax year. It is based on information obtained from the HMRC web site https://www.gov.uk/payroll-annual-reporting

As an employer running payroll, you need to:-

report to HM Revenue and Customs (HMRC) on the previous tax year (which ends on 5 April) and give your employees a P60
prepare for the new tax year, …

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How to issue P60s to your employees

This blog gives an overview of the importance of issuing P60s to your employees. It is based on information obtained from the HMRC web site https://www.gov.uk/payroll-annual-reporting/give-employees-p60-form
Overview
An employer must give a P60 form to all employees that are working for them on 5th April (the end of the tax year). The employee must receive their P60 by 31st May.

The P60 form shows the employee the gross salary they have received during the …

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Tell HMRC about a new employee

This blog provides an overview of what you should do as an employer to tell HMRC about a new employee and is based on information obtained from the HMRC web site https://www.gov.uk/new-employee.

Overview

You must tell HMRC when you take on a new employee and be registered as an employer. There are certain steps that you have to follow when you take on a new …

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Staff Christmas Parties

This blog provides an overview of an employer’s obligations to report National Insurance benefits given to their employees relating to staff Christmas parties and is based on information obtained from the HMRC web site https://www.gov.uk/expenses-benefits-social-functions-parties.

 

Overview

As an employer providing social functions and parties to your employees, you have certain National Insurance and reporting obligations.

There are several factors that determine what you need to report and …

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Employment Allowance

This blog provides an overview of the Employment Allowance that you can claim as an employer and is based on information obtained from the HMRC web site https://www.gov.uk/claim-employment-allowance.
Introduction to Employment Allowance
With the Employment Allowance, an employer can receive up to £3,000 off their National Insurance bill during the tax year. The allowance will reduce your Employer’s National Insurance liability each time the payroll is run until the £3,000 has been used up or …

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Statutory Sick Pay

Statutory Sick Pay (SSP)
This blog provides an overview of Statutory Sick Pay (SSP) and is based on information obtained from the HMRC web site https://www.gov.uk/statutory-sick-pay.

Overview

You can receive £89.35 per week Statutory Sick Pay (SSP) if you are too ill to work. It is paid by your employer for up to 28 weeks. You need to qualify for SSP and have been off …

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Introduction to PAYE and Payroll for Employers

This blog provides an introduction to PAYE and payroll for employers and is based on information obtained from the HMRC web site https://www.gov.uk/paye-for-employers
Introduction to PAYE and Payroll for Employers
As an employer, you normally have to operate PAYE as part of your payroll. PAYE is the system used by HMRC to collect income tax and national insurance from employment.

You do not need to register for PAYE if none of your employees are …

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