National Minimum Wage Archives - WRLO Accountants https://www.wrloaccountants.co.uk/category/national-minimum-wage/ Chartered Accountants & Business Advisors Wed, 13 Nov 2024 18:19:04 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.4 https://www.wrloaccountants.co.uk/wp-content/uploads/2018/01/cropped-WRLO-logo-big-32x32.jpg National Minimum Wage Archives - WRLO Accountants https://www.wrloaccountants.co.uk/category/national-minimum-wage/ 32 32 Make Work Pay threatens employment and growth warns FSB https://www.wrloaccountants.co.uk/make-work-pay-threatens-employment-and-growth-warns-fsb/ Sun, 27 Oct 2024 18:07:03 +0000 https://www.wrloaccountants.co.uk/?p=4210 The government’s Make Work Pay Bill lacks a pro-growth element and will increase economic inactivity, the Federation of Small Businesses (FSB) has warned. The business group says that the legislation, particularly around day one dismissal rights, risks deterring small employers from taking a chance on someone who has had a significant period out of the workplace, shutting those doors and deepening social exclusion It warns that the Bill is rushed and poorly planned while dropping 28 new measures onto small business employers all at once leaves them scrambling to make sense of it all. There are already 65,000 fewer payroll jobs since Labour took power, and the new government is sending out a ‘troubling signal to businesses and investors’, the FSB adds. Tina McKenzie, Policy Chair at the FSB, said: ‘The Chancellor has the opportunity to lead the way in adding a pro-business, pro-employment element to Make Work Pay in her upcoming Budget. This should include a rise in the Employment Allowance, pegging it to future rises in the National Living Wage. It should also include the reintroduction of the small business rebate for Statutory Sick Pay. ‘Sufficient time should be taken to avoid this becoming a hastily cobbled-together Act […]

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]]> Latest guidance for employers https://www.wrloaccountants.co.uk/latest-guidance-for-employers-7/ Thu, 05 Sep 2024 11:02:31 +0000 https://www.wrloaccountants.co.uk/?p=4169 HMRC has published the latest issue of the Employer Bulletin. The August issue has information on various topics, including: electronic payment deadline falls on a weekend P11D and P11D(b) for tax year 2023 to 2024 supporting employees with changes to the High Income Child Benefit Charge pensions for seasonal temporary staff getting your new employees on the right pay. Please contact us for help with tax matters. Internet link: Employer Bulletin

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]]> Latest guidance for employers https://www.wrloaccountants.co.uk/latest-guidance-for-employers-6/ Sat, 03 Aug 2024 17:54:01 +0000 https://www.wrloaccountants.co.uk/?p=4146 HMRC has published the latest issue of the Employer Bulletin. The July issue has information on various topics, including: PAYE Settlement Agreement calculations 2023 to 2024 paying Class 1A National Insurance contributions improving the Self-Serve Time to Pay service for PAYE and VAT customers self assessment threshold change Spotlight 64 – warning for employment agencies using umbrella companies employment-related securities — end of year return deadline for employee share schemes. Please contact us for help with tax matters. Internet link: Employer Bulletin

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