A limited company is when you are not personally liable for losses that are made by the business. This will give you protection if things were to take an unfortunate turn of events.
Umbrella companies are becoming increasingly more popular, and your business may be able to benefit from the large amounts of perks available. But how do you know the services are right for your candidates?
Coronavirus is a family of viruses that cause illnesses ranging from the common cold to more severe diseases. Common signs of infection include headache, fever, cough, sore throat, runny nose and breathing difficulties.
If you are an accountancy practice wishing to outsource your payroll, choosing which payroll service is best for you should never be complicated and that’s why we are here to help. We provide efficient and reliable solutions.
PAYE which is also known as The Pay as You Earn system is a method of paying income tax and national insurance contributions. Your employer deducts tax and national insurance contributions from your wages or occupational pension before paying you your wages or pension.
White labelling is a legal protocol that allows one product or service to be sold and rebranded. This is done under another company’s brand. The term “white labelling” is used based on the manual process whiting out something previously written to amend. Our payroll service work with a range of strategic partners.
Half of the contractors plan to leave clients in the next eight weeks due to changes to the IR35 ‘off-payroll’ rules. The UK’s IR35 legislation ensures that contractors pay the same tax and National Insurance contributions as an equivalent employee.
The minimum wage in the UK national minimum wage sets out the least a worker can be paid per hour by law. The law to introduce the minimum wage was passed in 1998 by the Labour government and it came into force the next year.
Umbrella companies have flourished over the past decade in the UK and can offer a ‘hassle-free’ business structure to operate under for many contractors. Being a contractor has many positives; from deciding when you want to work and what jobs you want to pick up.
National Insurance (NI) is a contribution style system in the UK. This covers state pensions and benefits such as maternity allowance and contributions based on job seeker’s allowance. NI differs from income tax as it is paid at every pay-period rather than yearly and can not be claimed back.
Pay As You Earn (PAYE), is the most common payroll system for permanent employees. PAYE automatically deduct income tax, national insurance, and student loan payments before the employee is paid their salary. However, payroll can be time-consuming and tiring and many businesses now opt for a payroll company to outsource their PAYE needs – providing […]