Mandatory payrolling of benefits
The reporting and paying of income tax and Class 1A national insurance contributions on benefits in kind is to be made mandatory via payroll software from April 2026.
NLW and NMW increased
The national living wage (NLW) will increase by 9.8% to £11.44 per hour from April 2024. The higher rate will also apply to 21 and 22-year-olds for the first time.
More awards success for top Whitley Stimpson team
Whitley Stimpson have been selected as finalists in the Service Provider Team Award category of The Rewards 2023, a prestigious industry competition for payroll professionals.
Why using the latest payroll system can pay off
Experts at accountants and business advisers Whitley Stimpson are urging businesses to update their payroll systems in a bid to avoid penalty charges from HMRC.
Relaxation of rules on self assessment for child benefit
Managing Child Benefit and High Income: the process for reclaiming high-income child benefit charge (HICBC) evolves to simplify tax obligations.
HMRC demands more data
HMRC’s New Data Reporting Requirements Coming in 2025-26 Tax Year. Discover what data HMRC plans to collect, including trade sectors, occupations, hours worked, and more.