Each year, the government adjusts student loan repayment thresholds, affecting how much employees repay through payroll. Here, you’ll find the updated repayment thresholds and key employer obligations for the 2025/26 financial year! New student loan thresholds for...
Statutory Sick Pay (SSP) rates change annually with each fiscal year, affecting how much employers must pay staff who are off sick. The rates for the 2025/26 tax year have now been confirmed by HMRC. Below, we explain exactly what the new SSP rates for 25/26 are,...
If you are looking for a comprehensive overview of holiday entitlement, you’ve come to the right place. We’ll cover what it is, how it works for various types of workers, and how to accurately calculate holiday entitlement. What is holiday entitlement? Holiday...
In the modern workplace, benefits in kind (BIK) have become an essential part of employee remuneration packages. These non-cash benefits, ranging from company cars to private health insurance, provide your employees with valuable perks and you with many tax advantages...
Do your employees use their company-owned vehicles outside of work? If so, it's crucial that you stay informed about car fuel benefits. Understanding the 2024/25 rates, knowing how to accurately report to HMRC, and being aware of the associated tax and National...
The national minimum wage isn’t optional. It’s your responsibility to stay on top of the national minimum wage (NMW) and national living wage (NLW) rates to make sure you are paying your employees the correct amount. Let’s take a look at the NMW and NLW rates for...
Babies are expensive (who knew!), and managing parental pay can be complicated, but it’s an important allowance to understand if you want to support your employees in balancing work and family life. Our blog gives you all the info you need around parental pay rates...
As the new financial year commences, statutory sick pay (SSP) has received an uplift in its annual rate, as is customary. To ensure you're equipped for any instances of employee illness, we've compiled the updated SSP rates for 2024/25. It's crucial to stay informed...