Being an entrepreneur means wearing many hats. But once your business grows, it is important to prioritize certain operations and delegate others. Time is limited and to use it judiciously, it’s best to get a third-party provider on board for certain services. read more.>>
Coronavirus Update In light of the uncertainty we all face in our daily lives with the outbreak of COVID-19 (Coronavirus), we wanted to keep you informed of the steps that dhpayroll have put in place to make sure we can continue to provide a full payroll service. read more.>>
Changes in the Budget to SSP to cover the Coronavirus Today’s budget gave us more information on the how the government plans to support individuals and business who are affected by the Coronavirus. The COVID-19 Bill will temporarily allow SSP to be paid f read more.>>
Changes to Employment Allowance From April 2020 employers whose employers National Insurance bill was £100,000 or more in the previous tax year will no longer be eligible for Employment Allowance. If you have more than one payroll the employers National Insur read more.>>
Auto Enrolment Pension Contribution Increases The minimum amounts you and your staff pay into your automatic enrolment pension scheme will increase from 6 April 2019. How this applies to you If you have eligible staff in an automatic enrolment pension sch read more.>>
National Mimimum Wage and National Living Wage The National Minimum Wage was introduced in April 1999 to set the minimum hourly rate that an employer can pay an employee. This is still in place for workers under the age of 25, but from 1st April 2016, a new min read more.>>
What is re-enrolment? Every three years employers must put certain staff back into an approved Auto enrolment pension scheme, even if they have previously opted out. This is called re-enrolment. Re-Enrolment duties must be carried about approximately 3 years a read more.>>
The deadline is fast approaching for employers to file details of their employee's expenses and benefits for the 2017/18 tax year. You will need to submit a return to HMRC to confirm the Class 1A National insurance contributions due. Depending on how you have t read more.>>
Pay in Lieu of Notice (PILON) From 6th April 2018, all payments in lieu of notice (PILONs) – whether contractual or non-contractual, will be fully subject to tax and national insurance. Under previous rules that applied up to 5th April 2018 if a PILON was pa read more.>>
The minimum amount paid into the workplace pension both by employers and employees is going to increase. (See Minimum Contribution Rates table below). Changes will take place in April 2018, and again in April 2019 and is a legal requirement. The change will aff read more.>>
If you’re intending to payroll benefits for the 2018/19 tax year you must register them with HM Revenue and Customs (HMRC) before the start of the tax year – 5th April 2018. How to inform HMRC This can be done online using the ‘Payrolling employe read more.>>
Many Companies are now choosing to Payroll benefits and expenses, rather than report them on a P11D at the tax year – but what does this really mean? Whilst a P11D is no longer required for benefits that have been put through the payroll, the employers still read more.>>
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Educate all your employees with simple financial guidance material, on such key issues as tax code changes and claiming tax deductible expenses.
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