Payroll

This category contains 7 posts

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

Job Support Scheme

This is a new 6-month scheme available from 1 November 2020 to 30 April 2020 to protect jobs in businesses that are adversely affected by coronavirus. If employees have to work less than their usual hours, the government will contribute a third, capped at £697.92, towards the pay of the unworked hours. NOTE: The government … Continue reading

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