There are numerous non-cash benefits available through salary sacrifice schemes, which can serve as powerful incentives for employee attraction and retention.
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The law is changing - from the 1st October 2024 the government will bring in The Allocation of Tips Act, this means that the employer will need to ensure that they have a policy in place to fairly manage tips.
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There are key elements of payroll legislation in the UK to consider, including the payroll policy, laws, and regulations that businesses must be aware of. Find out how payroll legislation affects your business.
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Payslips play a pivotal role in the employer-employee relationship, serving as a transparent record of earnings and deductions. Understand your payslip.
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On 6th March 2024 the Chancellor, Jeremy Hunt, delivered the Spring Budget. The key announcements, and how they affect you, are summarised in our article.
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RTI (Real Time Information) is a government programme introduced in 2013 to improve the way in which employers submit Pay As You Earn (PAYE) information about their employees to HM Revenue & Customs (HMRC)
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Effective 6th January, 2024, the primary rate of class 1 employee National Insurance Contributions (NICs) will undergo a reduction to 10%, constituting a 2-percentage point decrease in this mid-tax year adjustment.
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The ONS (Office For National Statistics) reported last month that between September to November 2023, the estimated number of vacancies in the UK fell by 45,000 on the quarter to 949,000.
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As we approach the end of 2023, we wanted to take a moment to express our gratitude for your continued partnership and support
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Our team had an absolute blast celebrating the holiday season at Gravity Max in Wandsworth!
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On 23rd November 2023 the Chancellor, Jeremy Hunt, delivered the Autumn Budget.
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In a welcome development for British households, it was reported last month that regular pay in the United Kingdom has started to outpace inflation, alleviating the mounting pressure on living costs.
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In a joint announcement this week, Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt have revealed plans to raise the National Living Wage (NLW) to a minimum of £11 per hour.
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We raised an amazing £113.46 for Macmillan Cancer Support during last week's annual coffee morning. Thank you to everyone who joined us, your generosity made a real difference!
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This week we celebrate our payroll pros for their role in smooth financial operations and employee well-being during UK National Payroll Week, 4th-8th Sept. Shoutout to the Mascolo & Styles team for their dedication in accurate compensation, tax compliance, and seamless payroll functioning for our clients.
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Data released by the Office for National Statistics (ONS) last month indicated that pay expansion, not accounting for bonuses, surged by 7.8% between April and June of this year in contrast to the corresponding period the prior year.
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Employees should be aware of changes proposed for 2023 that effect statutory leave entitlements and pay.
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The ONS (Office For National Statistics) reported this month that, as of March to May 2023, the UK employment rate stands at an estimated 76.0%, which is 0.2 percentage points higher compared to December 2022 to February 2023. The increase in employment during this period is primarily attributed to part-time employees.
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The landscape of flexible working is evolving, with this style of work becoming increasingly favoured in many industries. It is worth noting that currently, all employees possess the legal right to request flexible working, provided they meet specific criteria
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The Office Of National Statistics (ONS) reported last month that the estimated employment rate in the UK for the period of February to April 2023 stood at 76.0%, showing a slight increase of 0.2 percentage points compared to the period of November 2022 to January 2023. This growth was
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