Payroll | White Collar Consultants Limited

Key changes. All employers will be affected by the changes to a greater or lesser degree. The new EA conditions from 6 April 2020 are:

you won’t be entitled to the EA if your liability to employers’ Class 1 NI in the previous tax year exceeded £100,000
you won’t automatically qualify for the EA. You must claim it each tax year. This will involve submitting a declaration confirming that you’ve checked and are satisfied that you meet all the conditions for eligibility
if you become connected with another employer, i.e. you share resources such as premises or staff, you must reassess your eligibility for the EA; and
the EA will be state aid and counts towards the maximum aid (€200,000) you can receive in a rolling three-year period. You must have room to accommodate the whole £3,000 EA within the state aid limit or lose your entitlement to it. ...

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Got the most gorgeous card and gift from one of our lovely clients! It really makes our day to get such good feedback. 😁 ...

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Updates to Minimum Pension Contributions

Since the workplace pension first came into effect, there has been a minimum contribution limit that must be paid towards your staff’s pension scheme. This is made up of employer contributions which are paid by your business, and employee contributions Continue reading →

pension, Pensions, workplace pension

Help & Funding News, Payroll

Auto-enrolment changes & updates

The Pensions Regulator (TPR) has recently reported that around 136,000 small and micro employers began complying with their new responsibilities under the auto-enrolment regime in just the first part of 2017. This means that on average, one employer starts to Continue reading →

auto enrolment, compliance, Payroll, Pensions, pensions regulator

Bookkeeping, Payroll, WCC News

National Minimum Wage

It is that time of the year again.

Yes, that’s right folks, we have to pay our minions what the government thinks they deserve, so to all those employers out there; if you don’t want to be named and shamed, Continue reading →

age, apprentice, changes, minimum, national, wage

Payroll

Payroll Tax Year End

As we roll into a new tax year just a couple of items to check off the list for those running payroll.

1. P60’s – Make sure you print off your P60’s and hand one copy to staff. I always Continue reading →

financials, Payroll, tax, year end

Payroll

If you are self employed and pay Class 2 National Insurance then this may be of interest to you

Originally shared by +Small Business Accountancy

As of April 2015 HMRC are changing the way in which they collect Class 2 contributions. All future payments will be collected via Self Assessment along with any tax liability.

national insurance, self assessment, self employed, tax

Accounting, Bookkeeping, Payroll, Tax

DBS disclosure application form

Registered organisations need to use the new disclosure application form from the 1 December 2014.

We told you a while back about a new supply of application forms being sent to every registered organisation that uses Continue reading →

application, DBS, F00, F01, form

Payroll

6. Registering with hmrc

Your final step as an employer and probably the most important one of all is to register with hmrc as an employer.

This is done online and after the registration is complete you will be issued with your PAYE Continue reading →

deadlines, employer, HMRC, PAYE, penalties, register, RTI

Payroll

5. Employment Contracts

All employees have an employment contract with their employer this can be in the form of a written offer of employment, a signed contract between the employer and employee or a verbal contract, they can also be fixed term or Continue reading →

conditions, contract, duties, employment, legal, Payroll, professional, responsibilities, rights

Payroll

4. Employers’ Liability Insurance

Employers’ liability insurance is as the name would suggest an insurance policy that covers the employer to pay an employee any compensation due if the employee is injured or becomes ill as a direct result of the work they do. Continue reading →

compliance, employee, employer, fine, illness, injury, insurance, liability

Payroll

3. DBS / CRB Checks

DBS stands for Disclosure and Barring Service. Some might still refer to it as a CRB / Criminal Records Bureau check. The reason for the name change is because the CRB and the ISA (Independent Safeguarding Authority have merged and Continue reading →

bureau, check, children, CRB, criminal, DBS, disclosure, healthcare, records, recruitment

Payroll