Payroll

This category contains 8 posts

Paying PAYE

Payroll-related payments to HMRC must be made by 22nd of the month following the month in which the return is processed. Payments can be made online via HMRC’s website or through your bank. When the latter happens, you may need to quote a reference that lets HMRC know who or what the payment is from. … Continue reading

NI and Social Care Levy

Statement by HMRC 08 September 2021. Yesterday the government announced tax changes to fund £12 billion a year to be spent on the NHS and social care across the UK. National Insurance contributions (NICs) will increase by 1.25% for one year only for employees, employers and the self-employed from April 2022. This will cover both … Continue reading

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