• Minimum Wage: The UK's largest ever raise

    Minimum Wage: The UK’s largest ever raise

    Millions of UK workers will see their pay rise. The government has made the biggest ever cash increase in the legal minimum wage. The government has announced a 6.2% increase in the National Living Wage (NLW), which applies to workers aged 25 and over. The NLW will rise from the current rate of £8.21 to […]

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  • National Insurance Contributions: Threshold raised

    Late payments: Delays getting longer, research finds

    UK businesses are experiencing longer waiting times as they chase late payments, according to research from online business lending platform MarketFinance. The research found that delays to payments have almost doubled from 12 days in 2018 to 23 days this year. The business finance platform analysed late payment trends between 2013 and 2019, examining over […]

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  • Gender Pay Gap

    Gender Pay Gap: WEF states ‘will take another century to disappear’

    The gender pay gap will take ‘another century to disappear’, according to the World Economic Forum (WEF). Data published by the WEF revealed that the time it will take for the overall gender pay gap to close has fallen to 99.5 years from 2018’s prediction of 108 years. The WEF stated that pay parity between […]

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  • Student Loan Repayments: 2020 Payment Changes 
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    Student Loan Repayments: 2020 Payment Changes 

    Often collected through payroll, student loan repayments are set to change in April 2020. The amount deducted from employees pay is determined by the level of earnings, and plan type. Here at Payroll Hub we are able to make the necessary calculations and deductions automatically.  Regarding student loan repayments, these are taken at 9% of […]

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  • Off-Payroll Changes To Be Reviewed

    Off-Payroll Changes To Be Reviewed

    The expansion of the off-payroll rules into the private sector will be reviewed, says Chancellor of the Exchequer Sajid Javid. In 2017, HMRC introduced new off-payroll rules to the public sector, which saw some contractors’ net income cut significantly. HMRC also shifted the responsibility for compliance from the individual contractor to a public body or […]

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    Are you cyber aware?

    The government’s cyber aware campaign encourages individuals and small businesses to adopt simple activities that make a big difference, such as installing the latest software and app updates, backing-up your most important data and providing staff with cyber awareness training. HMRC’s tax agent blog has shared some advice from their cyber security team about the steps businesses […]

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    Background to Automatic Enrolment | Payroll Hub

    Part of the government’s workplace pension reforms has been introduced to combat the issue that people are living longer and healthier lives but are saving less for their retirement. As the ratio of workers to those of a pensionable age continues to fall, the government has estimated that as many as seven million people are currently […]

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  • paye count, payroll
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    Who is included in the PAYE count that set staging dates?

    The count is wholly based on HMRC information made available to the regulator as of 1 April 2012 about the number of people on your payroll and all open employments associated with the PAYE reference. The count will exclude all employments for which a P45 (1) has been successfully submitted to HMRC and matched to […]

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  • auto enrolment
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    Auto Enrolment Duties

    Q: We’re a husband and wife company – do automatic enrolment duties apply to us? A: If no one else is working for the company it will depend on your roles and if you have employment contracts as to whether or not you have automatic enrolment duties. You can find more information about employment contracts at  CLICK […]

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  • work checks
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    Right to Work Checks | Payroll Hub

    When carrying out Right to Work checks, never accept a photocopy of a document unless you are able to compare it to the original and that they are identical – even if it is certified by a Solicitor as “a true copy of the original”. If it is fake, you will be facing a maximum civil […]

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