Articles and information in relation to UK Payroll for business, employers and employees.
575,200 people on a low income have opened a Help to Save Account. They can save up to £50 a month and get a 50% bonus on top. Part of Government’s mission to grow the economy and deliver on our Plan for Change. Help to Save users have received more than £220 million in bonus … Continue reading £220 million boost for the Help to Save club
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus payments. Help to Save account holders have received £146 million in bonus payments since the scheme launched in September 2018 and HM Revenue and Customs (HMRC) is urging individuals to take advantage of the generous … Continue reading £146 million in bonus payments for Help to Save
HMRC have issued the August 2023 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents. In this month’s edition there are important updates and information on: PAYE Tax relief on employee contributions to registered pension schemes Ceasing your PAYE scheme Correcting payroll mistakes for … Continue reading August 2023 Employer Bulletin
Please share this message with your networks, to help raise awareness of the Help to Save scheme with those who may be eligible The governments’ Help to Save scheme for those on low incomes, has been extended until April 2025. The scheme offers a bonus of 50p for every £1 saved. Savers can deposit between … Continue reading Help to Save extended to April 2025