Congratulations to Cameron who passed the Level 2 Accounting – Synoptic exam with Merit. The exam was set by The Association of Accounting Technicians (AAT) - the world’s leading professional body for accounting technicians.
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HUGE congratulations to Kaitlin, who won Silver at the SCALABISCUP in the senior women's tumbling event last month. The SCALABISCUP is an international benchmark trampoline and tumbling competition welcoming gymnasts from all over the world, including Olympians
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10 years ago today Becky joined the Mascolo & Styles team. Becky is now 𝗖𝗜𝗣𝗣 (The Chartered Institute of Payroll Professionals) qualified and a well respected Senior Payroll Administrator to our clients.
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From 6th July 2022 the National Insurance threshold has been raised from £9880 to £12,570, bringing it in line with the personal allowance for income tax.
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During 2020/21 HMRC issued 580 penalties totalling over £14 million for minimum wage offences, according to a report published last month by the Department for Business, Energy and Industrial Strategy (BEIS).
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The Mascolo & Styles team were treated to a live show from Alton based band ‘Here Be Dragons’, in our sunny courtyard after work last week. We were joined by sister company Styles & Associates Accountancy for the event.
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Congratulations to Cameron who recently passed the Level 2 Accounting – ‘Elements Of Costing’ exam with a Distinction. The exam was set by The Association of Accounting Technicians (AAT) - the world’s leading professional body for accounting technicians.
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This was the moment that Caroline was presented with Rango by her colleagues at Mascolo & Styles. It was a special birthday for Caroline, which deserved a very special gift. Rango’s family were moving away and he needed a new home.
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The National Living Wage will rise from April 1st 2022 providing an increase of 59 pence, or 6.6 per cent.
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The Statutory Sick Pay Rebate Scheme (SSPRS) closes for coronavirus (COVID-19)-related absences after 17 March 2022.
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From 6 April 2022 to 5 April 2023 National Insurance contributions will increase by 1.25 percentage points. The increase in NICs rates are forecast to raise around £14 billion per year.* The increase is to be spent on the NHS, health and social care in the UK to aid recovery after the COVID 19 pandemic.
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Keeping payroll records and associated information forms part of a statutory requirement in the UK, even once an employee has left. Find out the payroll record statutory retention period.
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On the 17th of this month Sharna celebrates 17 years working at Mascolo & Styles!
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How to report early PAYE Christmas payments. Many employers pay employees early in December so HMRC have published guidance on RTI reporting obligations for employers over the Christmas period.
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Auto enrolment in the UK is a government initiative that requires employers to enrol all eligible employees into a workplace pension scheme.
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Well done to the bakers and the fakers who raised over £89 for Macmillan Cancer Support at Mascolo & Styles this year!
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This month we celebrate the work anniversary of Relationship Manager, Ollie Mace who joined Mascolo & Styles in 2016
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In the UK a P60 statement is issued to taxpayers at the end of every tax year listing gross income earned. A P60 should be issued by the employer by 31st May each year.
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Prime Minister Boris Johnson has announced that National insurance is to raise by 1.25 percentage points from April 2022.
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National Payroll Week 2021. Our unsung heroes spent an intense 2020 ensuring everyone got paid accurately and on time, so that there was one less thing for our clients (and their employees) to worry about.
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