Getting to Grips with PAYE

Getting to Grips with PAYE

HMRC recently reviewed the ‘effectiveness’ of its risk-based approach to late filing PAYE penalties, and opted to continue to use this approach for the current tax year. Here we provide an overview of the PAYE system. How the PAYE system works Pay As You Earn (PAYE)...
Autumn Business Newsletter

Autumn Business Newsletter

Our latest newsletter is here, packed with information on estate planning, VAT schemes, capital allowances and much more! To view our latest newsletters, visit the publications section of our website. Please note: This article is a commentary on general principles and...
PAYE Exemptions & Dispensations

PAYE Exemptions & Dispensations

Under the current system, Employers have been able to apply to HMRC for a dispensation to be granted in respect of certain expenditure, for example business entertainment, travel and subsistence. Once such a dispensation is in place, the expenses no longer have to be...
Shared Parental Leave: The Generation Game

Shared Parental Leave: The Generation Game

Under plans announced by George Osbourne, working grandparents could soon be given the legal right to take time off to help care for their grandchildren. The current system of shared parental leave, incorporated in April, looks to be extended to include grandparents...
Benefits To Payrolling Benefits In Kind

Benefits To Payrolling Benefits In Kind

From April 2016, the government is allowing employers to payroll employee benefits in kind. Payrolling is where the employer includes a notional value for benefits in kind as taxable pay in the payroll cycle, meaning that the income tax is collected in real time....