Over 370,000 underpaid in April 2024

The Low Pay Commission (LPC) published its report into compliance and enforcement of the National Minimum Wage. The LPC estimates (based on statistics from the employers ASHE data) that around 371,000 workers were underpaid in April 2024. This represents a slight increase on the previous year but is below estimated numbers from the pre-pandemic period. … Continue reading Over 370,000 underpaid in April 2024 →

Personal Allowances: adjusted net income

There is a common misconception that employers are somehow responsible for an employees tax affairs. A view probably based on the fact that they do deduct Income Tax from pay. Many then query why they later receive a tax bill, or more pleasantly, a tax refund. Payroll operates on a basis of assumptions, so do … Continue reading Personal Allowances: adjusted net income →

Payroll giving – supporting charities

With statistics showing a drop in generosity through payroll giving over the past few challenging years, the HMRC are reminding employers within the July 2024 bulletin on the advantages available to charities, employers and employees through payroll giving (sometimes referred to as Give As You Earn). They remind us that the UK is one of … Continue reading Payroll giving – supporting charities →

July 2024 Employer bulletin

HMRC have issued the July 2024 edition of the Employer Bulletin which brings the latest HMRC updates and guidance to support employers, payroll professionals and agents.the next edition will be published in August 2024. In this edition of the Employer Bulletin there are important updates and information on:  PAYE tax calculation repayments PAYE Settlement Agreement calculations 2023 … Continue reading July 2024 Employer bulletin →