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7 steps to prepare for Automatic Enrolment

7 steps to prepare for Automatic Enrolment

Planning for Auto Enrolment The seven steps to enrolment:   One  – Know your staging date The date that the new law applies to your company is known as your staging date. The Pensions Regulator recommends a planning period of 18 months prior to your go live date...
How is an Employer Payment Summary used?

How is an Employer Payment Summary used?

At the time employees are paid, or before, RTI requires the FPS to be sent, giving details of the payments that have been made together with the associated tax, NICs and Student Loan deductions taken. However, whilst the FPS allows the employer to report the value of...
Summary of 2015/2016 Budgetary Changes

Summary of 2015/2016 Budgetary Changes

STATUTORY CHANGES FOR THE 2015/2016 TAX YEAR EFFECTIVE 6TH APRIL 2015 National Insurance £2,000 Employment Allowance This will continue to be applied automatically to your payroll if you are eligible, and will be offset against the Employer’s National Insurance...