What we think


PAYE Settlement Agreement (PSA) PAYE Settlement Agreements allow businesses to settle the tax and national insurance liabilities otherwise suffered by their employees, when provided with certain benefits. Some of the common benefits covered under a PSA are gift vouchers and staff entertaining. The existing process to apply for a PSA is lengthy and many steps… Read more

PAYE Settlement Agreement

Is your Payroll Service up to speed?

Save on payroll service costs and keep everyone happy A happy workforce is a productive and motivated one. Paying your staff on time,maintaining accurate and secure records, administering pensions and benefits are all key to employee satisfaction and key components of a high-quality payroll service. With the introduction of compulsory changes such as Real Time… Read more

Sage Payroll Year End – Important Reminders

The deadline for Final End of Year Declarations is fast approaching – these must be submitted by 19th April. For some businesses this will mean they need to make the final declaration before leaving the office tomorrow. For those businesses who have not already downloaded their 2015/16 New Tax Year Update – a reminder that… Read more

PAYE Settlement Agreement

Changes to the national minimum wage

The national minimum wage is the minimum pay per hour almost all employees are entitled to by law. From 1 October 2014, these minimum wage rates are increasing. Age group Current Rate Rate from 1 October 2014 21 and over £6.31 £6.50 18 to 20 £5.03 £5.13 16 and 17 £3.72 £3.79 Apprentices £2.65 £2.73… Read more

Get set for auto enrolment

Alan Whitley, Head of Workplace Pensions at Albert Goodman Chartered Accountants, highlights important factors for businesses to be aware of regarding auto-enrolment. The Government’s major initiative to encourage employees to save for retirement needs to be on the radar for business owners. Despite recent high profile Government publicity campaigns, most employers currently believe there is… Read more