Pension re-enrolment – don’t get caught out

9th October, 2018

Many businesses are not aware that they have a legal obligation to re-enrol some employees back into a pension scheme every three years, even if they have previously opted out. Not re-enrolling eligible employees could result in some significant financial penalties. Sarah Pownall, payroll manager at Nottingham chartered accountants Clayton & Brewill, explains the requirements… View Article

IR35 – change ahead?

12th September, 2018

IR35 is very much in the news at the moment with several tax tribunal cases involving IR35 contractors. Nottingham chartered accountants Clayton & Brewill, explains IR35 and why it’s creating so many headlines. What is IR35? IR35 rules were introduced in 2000 to apply in cases where someone would have been treated as an employee,… View Article

Personal Tax Accounts – how they can help to reduce payroll queries

3rd July, 2018

As part of their Making Tax Digital initiative, HMRC made online Personal Tax Accounts available for all PAYE employees in 2015. Sarah Pownall, Payroll Manager at Nottingham chartered accountants Clayton & Brewill, explains how to reduce payroll queries from employees by encouraging them to utilise their Personal Tax Accounts. Online Personal Tax Accounts have been… View Article

National Minimum and Living Wage rates April 2018

5th April, 2018

Employers need to be aware of the new National Minimum and Living Wage rate increases that came into effect on 1 April 2018. Workers, both under and over the age of 25, including apprentices will see an increase in their take home pay due to increases in both the National Minimum and Living Wage. These… View Article

Auto-enrolment – don’t miss your deadline!

24th May, 2017

Recent research has discovered that an increasingly large number of small firms are missing their auto-enrolment deadlines. Sarah Pownall, payroll specialist at Nottingham-based chartered accountants Clayton & Brewill, explains the consequences of missing your deadline and provides some tips to ensure you don’t get caught out. According to workplace pensions provider Now: Pensions, of the… View Article

National minimum wage – don’t get caught out!

17th May, 2017

Last week John Lewis announced that it had breached national minimum wage (NMW) regulations – potentially costing the company £36m. Julie Braithwaite, payroll specialist at Nottingham chartered accountants Clayton & Brewill, provides a useful reminder of NMW rates to ensure you don’t fall foul. The John Lewis story John Lewis breached the strict NMW timing regulations… View Article

A guide to P11Ds

9th May, 2017

It’s almost time to submit your P11Ds for the 2016/17 tax year. Nottingham chartered accounts, Clayton and Brewill, provide some guidance on P11Ds to help you get organised in advance of the July submission deadline. What is a P11D? A P11D is a mandatory HRMC form that details expenses and benefits provided to company employees… View Article

2016/17 Year end reporting – things to consider

23rd March, 2017

As many companies approach the end of their financial year, it’s important that as well as dealing with the usual year end procedures, that they also consider any changes that come into force in April. National Minimum and National Living Wage increases due from 1 April 2017  The hourly minimum wage a worker is entitled… View Article

Tax changes for off-payroll working in the public sector

7th March, 2017

If you provide off-payroll services to the public sector, there some significant tax changes that are likely to affect you from April 2017. Nottingham chartered accountants Clayton & Brewill explain the forthcoming changes. Off-payroll working If you provide services to public sector organisations through your own limited company, it is likely that you are classed… View Article

Redundancy payments to be taxed from April 2018

5th December, 2016

From April 2018, redundancy payments made ‘in lieu of notice’ will be taxed at the employee’s highest rate of income tax. Doug Perry, partner at chartered accountants Clayton & Brewill explains how both employers and employees will feel the impact of the forthcoming changes to  redundancy payments. At the time of writing (December 2016), redundancy payments… View Article

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