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...
UK employees were absent for an average of 7.8 days last year, the highest in over a decade and 2 days more than the pre-pandemic rate of 5.8 days. “Despite our research showing that most organisations are focusing on employee wellbeing, the considerable rise in...
Payroll year end is just around the corner. We know the amount of reporting and administrative tasks can be overwhelming, particularly with extensive HMRC compliance requirements. We also know that getting it right is crucial to steer clear of costly errors and...