by Pi Accountancy | Mar 16, 2023 | Business, Director, HMRC, PAYE, Payroll, Taxes
The Payroll Year will End on the 5th of April 2023 This year’s Payroll Year will end on the 5h of April 2023 and we’re here to help you get prepared for the next Payroll Year, with the dates you need to be aware of and tips to help you get ready. The Dates...
by Pi Accountancy | Mar 15, 2023 | Business, Payroll
The Minimum Wage rates increase from the 1st of April 2023 All employers should be aware that all minimum wage rates increase on the 1st of April of each year. This includes all National Minimum Wage rates and the National Living Wage rate. Below you will find the...
by Pi Accountancy | Mar 10, 2023 | Payroll, QuickBooks, VAT
Why do we only work with QuickBooks and Xero? Our Accounting Software Partners We have teamed up QuickBooks and Xero – both leading software partners in the accounting world – to enable us to keep track of your accounting records, sales invoices, purchase...
by Pi Accountancy | Mar 9, 2023 | Business, HMRC, Payroll
Subsistence Per HMRC – EIM30240 Employers are allowed to reimburse qualifying employee expenses at benchmark rates specified in the Income Tax (Approved Expenses) Regulations, without need approval from HM Revenue & Customs (HMRC). This exemption is...
by Pi Accountancy | Jan 12, 2022 | COVID-19, PAYE, Payroll
To help employers affected by the spread of the Omicron variant of COVID-19, the Statutory Sick Pay (SSP) rebate scheme for small employers is being reintroduced. In addition, the period for which an employee can self-certify a sickness absence is increased...
by Pi Accountancy | Dec 3, 2021 | Payroll
Real Time Information and Full Payment Submission Under Real Time Information (RTI), you must report payments made to employees and associated deductions to HMRC on a Full Payment Submission (FPS) at or before the time at which you make the payment to your employee....
by Pi Accountancy | Oct 1, 2021 | COVID-19, HMRC, PAYE, Payroll, Taxes
The Coronavirus Job Retention Scheme (CJRS) came to an end on 30 September 2021. The scheme has provided financial help to employers and employees during the COVID-19 pandemic, allowing employers to claim grants with which to pay furloughed and flexibly furloughed...
by Pi Accountancy | Sep 15, 2021 | COVID-19, Director, HMRC, Job Support Scheme, PAYE, Payroll, Taxes
The recent ‘pingdemic’ has resulted in large numbers of employees self-isolating. Where an employee meets the qualifying conditions, you must pay them SSP while they are self-isolating. As qualifying periods of self-isolation count as a Coronavirus-absence, if you are...
by Pi Accountancy | Sep 8, 2021 | Payroll
National Payroll Week is about helping raise awareness of the importance of your payroll, for your employees, to your own business, and the economy. We would like to celebrate our payroll professionals and all the challenges they have had to face throughout the last...
