tel: 0845 3082288
e: enquiries@payrollsolutions.org.uk
e: enquiries@payrollsolutions.org.uk
Last month saw the government launch its new tax-free childcare scheme, designed to help parents with the cost of childcare. Despite this, coverage of the new initiative has been rather sparse, so we’re here to provide you with an update and discuss the benefits available. Launched on April 28th, the new scheme applies to children […]
Are you a business owner who employs contractors or subcontractors? The Construction Industry Scheme (CIS) is a deduction scheme which involves tax being deducted at source from payments which relate to construction work. The scheme applies to all payments made under a construction contract, and will apply to payments made by a contractor to a […]
Auto Enrolment is rapidly affecting businesses, making it compulsory for employers to automatically enrol their eligible workers into a pension scheme. Despite this, some business owners are ignoring their new pension duties, and in dong so putting their business at significant risk! A report was recently published with information on the various compliance penalties and […]
As of April 1st 2017, both the National Living Wage and National Minimum Wage have increased, with over 2 million workers receiving a pay rise. It is important to keep up to date with this legislation to avoid paying fines for non-compliance! At Stipendia, our team of payroll experts are on hand to help guide […]
The Spring Budget has been and gone, and companies are bracing for change. Despite that, one key announcement from the previous Autumn Statement seems to have been glossed over, and this is the significant changes to salary sacrifice arrangements. As these can impact your business and company finances, Stipendia are here to provide a quick […]
Auto-Enrolment is thriving, with many employers adopting the new legislation. At Stipendia, we can work closely with you to assist in the auto enrolment process and guide you through the new laws and legislation. Because of that, we’re updating you on the new scheme offered by NOW: Pensions. What are the current schemes? There are […]
Turning 65 used to be something to look forward to, with the promise of mandatory retirement and a future of endless holiday. However in 2016, senior citizens who are most reliant on pensions face a worsening funding gap, more so since the Brexit vote. Amidst all this has been the collapse of retail chain BHS, […]
Last week our blog post covered how some firms were tackling the new National Living Wage. This week were exploring the other end of the spectrum, and how the wage applies to self-employed workers. Self-Employment – A Brief Background The 21st Century has seen a substantial boost in the number of self-employed workers in […]
Back in April 2016, the National Living Wage was introduced, meaning employers must pay their workers aged over 25 no less than £7.20. Upon announcement, it was predicted by the Office for Budget Responsibility that it would lead to 60,000 job losses by 2020. However, so far this hasn’t been the case. In the first […]
Over the past few weeks, we’ve been working to bring you brand new content in video form! And today we’re excited to bring you the first of 4 informative videos, this one discussing the benefits of outsourcing your payroll to professional experts! Here at Stipendia we are fully committed to providing you with the most […]