On 8 February 2018, a new statute was laid before Parliament: The Employment Rights Act 1996 (Itemised Pay Statement) (Amendment) Order 2018. Under the Order, which is due to come into force on 6 April 2019, employers must itemise payslips for employees’ wages which vary depending on how much time they have worked. This must… Continue reading Employers will have to provide itemised payslips from April 2019
The Treasury is finalising plans to overhaul tax rules which allow self-employed people to avoid paying national insurance contributions. The move will be targeted at people who set themselves up as private companies to take on work. The BBC understands it could be announced in this month’s Budget. The Treasury believes a third of people… Continue reading Tax crackdown on ‘synthetic self-employed’ in Budget
Customers who have been identified by HMRC as Welsh taxpayers will receive a Notification letter in November informing them of their Welsh taxpayer status. It is important that HMRC is notified of any change of address to ensure that customers receive their notification letter. Please encourage your employees to check that HMRC has their correct… Continue reading Welsh rates of Income Tax (WRIT)
The start of the new academic year often coincides with an increase in the number of young people starting an apprenticeship. Data shows that nearly a fifth of apprentices at Level two and Level three are paid less than the appropriate National Minimum Wage (NMW) or National Living Wage (NLW). The NLW and NMW rates… Continue reading Are you paying Apprentices the correct rate?
You will have received email messages from NEST and other pension providers regarding the increases in the minimum auto enrolment pension contributions, which come into effect from April 2019. The employee's basic contribution will increase to 5% and the employer's to 3%.