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The end of childcare vouchers?

May 25, 2017

Tax-Free Childcare is now available to working parents, but it’s not time to say goodbye to childcare vouchers just yet.  Vouchers can help you maximise National Insurance savings. There are now two ways for working parents to get help with … Continue reading

Autumn Statement 2016 and payroll

November 24, 2016

Here’s Biznus Payroll’s round-up of the key Autumn Statement announcements that affect payroll. Personal Allowance The Personal Allowance – the amount that can be earned before tax has to be paid – will increase to £11,500 in April 2017. The … Continue reading

What’s a P60?

April 25, 2016

A P60 summarises an employee’s total pay and deductions for the tax year. You need to give all employees on your payroll, who are working for you on the last day of the tax year (5 April), a P60. The … Continue reading

National Insurance

October 19, 2015

National Insurance (NI) is paid by both employers and employees. By paying NI contributions employees qualify for certain benefits such as the State pension and maternity leave. Employees pay Class 1 NI if they’re: 16 or over earning above £155 … Continue reading

A brief guide to PAYE

October 16, 2015

Payroll and PAYE is complicated. Here a quick overview to get you up-to-speed. PAYE is the system that HM Revenue and Customs (HMRC) uses to collect Income Tax and National Insurance (NI) from employees. When you employ staff you’ll make … Continue reading