Payroll Archives - Elver Consultancy Chartered Accountants Wigan

PAYE payment dates

Elver Consultancy — Wed, 11 Dec 2019 04:00:00 +0000

We would like to remind employers about the electronic PAYE payment dates. The due date for electronic PAYE payments falls on the 22nd of the month and when a payment is made electronically; a payment on the day usually

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Reporting PAYE information in real time

Elver Consultancy — Wed, 27 Nov 2019 04:00:00 +0000

In December 2018, HMRC wrote to employers to advise of a temporary easement on reporting PAYE information in real time over the Christmas period. This was put in place because many employers pay their employees earlier

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Increase in National Living Wage?

Elver Consultancy — Wed, 13 Nov 2019 04:00:00 +0000

An independent review into the evidence on minimum wage rates has been published by the government. The review concludes that increases in the National Living Wage (NLW) have little effect on employment whilst

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Waivers of remuneration

Elver Consultancy — Wed, 13 Nov 2019 04:00:00 +0000

A waiver of remuneration happens when a director or an employee gives up their right to salary or other cash remuneration and gets nothing in return. Where the employee gets a non-cash benefit in return, this is called a

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PAYE late filing penalties

Elver Consultancy — Tue, 20 Aug 2019 04:00:00 +0000

There are late filing penalties in place for employers that don’t report payroll information on time. The size of the late filing penalties depends on the number of employees within the PAYE

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Home to work travel that may be allowed

Elver Consultancy — Wed, 10 Jul 2019 04:00:00 +0000

Whilst there is usually no tax relief for ordinary commuting - home to work - there are a number of exceptions. The term 'ordinary commuting' is defined to mean travel between a permanent workplace and home, or

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OpRA’s defined

Elver Consultancy — Wed, 10 Jul 2019 04:00:00 +0000

The Optional Remuneration Arrangements (OpRA) legislation was introduced with effect from 6 April 2017. The legislation counters the tax and NIC advantages of benefits where an employee gives up the right to an amount of

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Disguised remuneration schemes

Elver Consultancy — Wed, 26 Jun 2019 04:00:00 +0000

Loans schemes also known as disguised remuneration tax avoidance schemes have been used by some employers and individuals in order to try and avoid paying Income Tax and National Insurance Contributions (NICs). This is

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Have you adopted the new minimum wage rates?

Elver Consultancy — Tue, 28 May 2019 23:00:00 +0000

The new National Minimum Wage (NMW) and National Living Wage (NLW) rates came into effect on 1 April 2019. The NLW first came into effect on 1 April 2016 and is the minimum hourly rate that must be paid to those aged 25

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Submitting P11Ds is just the start of your obligations

Elver Consultancy — Tue, 07 May 2019 23:00:00 +0000

We would like to remind employers that the deadline for submitting the 2018-19 forms P11D, P11D(b) and P9D is 6 July 2019. P11D forms are used to provide information to HMRC on all Benefits in Kind (BiKs), including

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