Payroll

The government has announced a one-year delay to controversial changes to IR35 due to the coronavirus pandemic. This gives businesses a further year to make the necessary changes. HMRC’s Announcement about IR35 changes: Changes to the off-payroll working regime will not take effect until April 2021 due to the coronavirus pandemic, HMRC confirms. In light...

IR35 self-employed tax reforms may damage the U.K’s economy   HM Revenue and Customs announced a slight delay to IR35 off-payroll working rule reforms. What is IR35? IR35 refers to the United Kingdom’s anti-avoidance tax legislation designed to tax disguised employment at a rate similar to employment. IR35 self-employed tax changes will come into effect...

New National Minimum Wage Requirements applicable from April 2018 As you may already be aware that every April new hourly rates are applicable for the National Living Wage, applicable to persons aged 25 and above and the National Minimum Wage, applicable to persons to school leaving age. Following are the detail of the changes to...