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Insights from our payroll experts
The benefits of pension salary exchange
Did you know there is a tax efficient way to make contributions into employee’s pension schemes that could make you significant financial savings? Pension salary exchange (or salary sacrifice) is a way in which you as an employer can make…
Celebrating National Payroll Week 2023
Our team of 35 payroll professionals have decades of experience and the inside track on how to make payroll really work for your company. Our breadth of sector knowledge means we can provide exceptional guidance and payroll services to businesses…
Meet the payroll team – Eve Iunco
Our team has decades of experience and the inside track on how to make payroll really work for your company. We took the opportunity to get to know Eve Iunco, head of payroll services for the west region. Since leaving…
Meet the payroll team – Mandy Gardiner
Our team has decades of experience and the inside track on how to make payroll really work for your company. We took the opportunity to get to know Mandy Gardiner the Head of Payroll for the East Region. I started running…
Crypto transactions to become part of Self-Assessment under new regulations
The Government has announced there will be greater scrutiny on the reporting of all crypto transactions, including for cryptocurrencies and non-fungible tokens (NFTs). HM Revenue & Customs (HMRC) will now require cryptoasset reporting in Self-Assessment tax returns by requiring separate…
Chancellor abolishes Lifetime Allowance in pensions shake-up
The abolition of the pensions Lifetime Allowance, (LTA) which was announced in the Spring Budget, releases people to save as much as they like into their schemes. Chancellor Jeremy Hunt abolished the allowance, which is the limit on how much people…
Budget gives boost to pension savers
Pension savers were given a boost by two key announcements made by the Chancellor, during his Spring Budget. The lifetime allowance of £1.07 million that can be saved into a pension has been scrapped with no upward limit now existing…
Last chance to top up your State Pension
To obtain a full state pension upon retiring, individuals need to have built up a required 35 years of NI contributions. Those missing the full 35 years of contributions face receiving a reduced State Pension when retiring. For those who…
Government announces shakeup in the payment of Benefits in Kind
The Government has announced a shake-up in how Benefits in Kind (BIK) are paid. The move will allow tax agents to run payroll BIK on behalf of clients for the first time. The Government says it will help to reduce…
Get to know your pension allowances and make sure you use them
Maximising your pension allowances can help you achieve your retirement goals and ensure that you have enough money to live on when you retire. The UK Government provides several pension allowances, and it's important to understand these allowances and how…
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