Archive
Updates from the Clayton & Brewill team.
Changes to termination payments
Since 6 April 2018, employers are required to pay Income Tax and Class 1 National Insurance contributions (NICs) on termination payments, regardless of whether or not they are contractual payments. Sarah Pownall, Payroll Manager at Nottingham chartered accounts Clayton & Brewill explains the changes. What are the changes to termination payments? Since 6 April, all… View Article
Making Tax Digital delayed due to Brexit
Last week, HMRC announced that it was putting a halt on some of its Making Tax Digital plans due to resources being stretched by Brexit. Nottingham based chartered accounts Clayton & Brewill provides an update on Making Tax Digital and explains what areas are being delayed and why. What is Making Tax Digital? Making Tax… View Article