Balancing the books: navigating New Year payroll challenges
Many businesses are exploring salary sacrifice schemes as a strategic response to the upcoming increase in National Insurance Contributions (NICs) according to a survey conducted by BDO, involving 500 mid-market companies. Tracy Gill, Payroll Manager at Whitley...Employers warned payrolling of benefits is to become mandatory
Whitley Stimpson are forewarning employers that they will be required to report and pay income tax and Class 1A National Insurance Contributions (NIC) on benefits in kind through payroll.
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.