Another change that’s being implemented as part of the proposed legislative reform is that of the Employment Allowance for National Insurance Contributions. The current £3,000 allowance will stand, but with a few differences in the associated requirement around the provision of supporting information. Firstly, under the new...
As we edge closer to the end of the current and beginning of the new financial year – there are certain regulatory changes coming into effect that could have an acutely detrimental effect on businesses without the right level of preparation in place. One of the...
At Qualitas, our team provides a fully-managed outsourcing service for accountants on either a white-label basis or dealing directly with your clients. As payroll and pension legislation is becoming more complex, many accountancy firms are looking to outsource to specialised staff rather than run the service...
2019/2020 National Minimum Wage Rates As tax year end approaches it is time for the yearly National Minimum Wage rate changes. These are rates that are reviewed on an annual basis by the government & employers must pay their employees at least these rates. Get your...
From 6th April 2018 the bands & rates of income tax in Scotland are changing. This means Scottish rate taxpayers will have differing bands & rates from the rest of the UK. If you’re a Scottish rate taxpayer your tax code will be prefixed with the letter S. [ninja_tables...
Are you making use of Employment Allowance? Eligible businesses can claim a maximum £3,000 per year against their employers’ class 1 National Insurance liabilities. The allowance figure appears on your P32 reducing your employers’ NI liability. Most businesses & charities can claim this allowance if they are paying...
Is your company ready for the upcoming Auto-Enrolment changes? From 6th April 2018 the minimum contribution levels for all auto-enrolment pension schemes are increasing. These new contribution levels will be the minimum that must be paid into an employee’s auto-enrolment pension scheme. [ninja_tables id="368"] ...
As tax year end approaches it is time for the yearly National Minimum Wage rate changes. These are rates that are reviewed on an annual basis by the government & employers must pay their employees at least these rates. Get your business ready for these...
