If you owe income tax that cannot be collected automatically via PAYE, such as tax on bank interest or the state pension, HMRC may send you a simple assessment notice. This letter shows how much tax HMRC believe you owe based on information they hold. It is important...
Many employers offer salary sacrifice schemes enabling employees to give up some of their salary in exchange for an equivalent employer’s contribution into their pension. If you sacrifice some of your salary to your pension, the amount you give up is not counted...
December is one of the busiest times of the year for payroll teams. Alongside the celebrations, employers often face a flurry of seasonal pressures, extra staff, early pay dates, bonuses, gifts and multiple bank holidays. Without planning, even small slip-ups can lead...
Employment National Insurance contributions Employees For 2025/26 the rates of Class 1 employee NICs are 8% and 2%. The employer rate is 15%. The Secondary Threshold is the point at which employers become liable to pay NICs on an individual employee’s earnings and is...
Introduction Chancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of measures, including extending the freeze on Income Tax thresholds...
As the festive season approaches, many employers will be planning how best to show appreciation for their staff after another year of hard work. Whether it’s a Christmas party, thoughtful gifts or seasonal bonuses, these gestures can significantly boost morale...
