Employers that take on a new employee need to work out which tax code and starter declaration to use in their payroll software. Incorrect tax codes can lead to the new employee paying more tax than is due. The necessary information can be collected from the employee’s P45 or by asking the new employee to

The Chancellor, Rishi Sunak has today (27 April 2020) made a statement to the House of Commons on the government’s economic response to the Coronavirus outbreak. The Chancellor confirmed that the Office of Budget Responsibility (OBR) has said that the Coronavirus will (not surprisingly) have significant negative impacts on the UK and global economy. The

HMRC has updated Notice 701/57 entitled Health professionals and pharmaceutical products. The new version of the notice cancels and replaces the previous version published in July 2018. The notice has been updated to add EEA health professionals to the list of relevant practitioners. The notice is aimed mainly at registered health professionals, care providers who

Practitioners will no doubt be monitoring the activities of staff, working from home, during the current lock-down period. Did you manage to sort out the logistics of collecting, processing, and returning records to clients? Without a doubt, those practices that have invested in cloud accounting solutions will be thanking their lucky stars and no doubt

The Chancellor of the Exchequer, Rishi Sunak, has announced today (17 April 2020) that the Coronavirus Job Retention Scheme is to be extended by one month until the end of June. This announcement will help provide many businesses with more certainty at this very difficult time. This change follows the extension to the nationwide Coronavirus

The government has published an employer guide on the new right to statutory parental bereavement leave and pay, covering eligibility, notice requirements for taking leave and evidence for pay, record-keeping obligations and getting help with pay. There is also a link to new Form SBPB1 to give to employees if they do not qualify for

Practitioners will be faced with may of the conundrums presently facing their clients as the depressing effects of Coronavirus start to bite. Key among these “conundrums” is whether to continue paying recurring costs – rent, salaries etc – or replace them with resources that can be turned on or off. For example, practitioners could consider

Many small businesses that have applied for a government backed CBILS loan thus far have been offered standard overdrafts and loans – without the Government's 80% guarantee – on the basis that they fit the banks’ criteria for this type of lending. The Chancellor has now confirmed that this is not the intention of his

The following key changes to employment law will come into force in April 2020: The National Minimum Wage (Amendment) Regulations 2020 increase the national minimum wage (NMW) and national living wage (NLW) rates from 1 April 2020. The NLW for workers aged 25 or over increases to £8.72 per hour, the NMW standard rate for

We are all getting used to working in a range of situations at home. Some of us have the added distraction of child-care to consider as well as balancing your laptop on the corner of the kitchen table. Take care when calling clients in this situation as they need to feel that they have your