HMRC's employment tax regime is detailed, frequently updated and actively enforced. Errors are easy to make, and the...
Employment Tax Compliance
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Employment Tax Compliance
Employment Tax Compliance Protecting your people and your businessHMRC’s employment tax regime is detailed, frequently...
Payroll
Payroll Services For UK and International BusinessesRunning payroll sounds straightforward until it isn’t. Employment...
Entertaining employees
Entertaining employees can qualify for tax relief, but employers must follow strict rules. Good records and careful planning help ensure events remain compliant and effective.
Unused pension funds to be brought into IHT
From April 2027, most unused pension funds will count towards Inheritance Tax, marking a major policy shift. This change could significantly impact estate planning, making early advice and careful financial review more important than ever.
Tax rules for savings interest
In the 2025–26 tax year, savers could earn up to £18,570 in tax-free savings interest by combining key allowances. Understanding how the personal allowance, starting rate for savings, and Personal Savings Allowance work together can help maximise your tax-free returns.
Small duty cuts on draft products from 1 February 2025
From 1 February 2025, alcohol duty on draught pints has been cut for the first time in a decade, saving drinkers 1p per pint. Small breweries also benefit from tax relief.
Celebrating National Payroll Week 2024
It’s National Payroll Week 2024! Find out more about this event and how our payroll services can help your business.
Interest on children’s savings
All children in the UK have their own personal allowance, currently £12,570. There are special rules if a parent gifts significant amounts of money to their children which results in them receiving bank interest of more than £100 (before tax).
Reporting expenses and benefits to HMRC
The deadline for submitting the 2023-24 forms P11D, P11D(b) and P9D is 6 July 2024. These forms can be submitted using commercial software or via HMRC’s PAYE online service.
Tax on savings interest
The UK’s 2023-24 tax relief measures include the Register of Overseas Entities and Personal Savings Allowance. These initiatives enhance transparency, encourage savings, and provide opportunities for taxpayers to rectify over payments, demonstrating the government’s commitment to fairness in the tax system.
£5,000 savings zero rate band
For the 2023-24 tax year, no tax on interest if income is under £17,570. Tapered relief for income between £12,570 and £17,570. Personal Savings Allowance (PSA) offers tax-free limits. Taxpayers overpaying on savings interest can reclaim within four years, with a deadline of 5 April 2024 for 2019-20 claims.
Tax on incentive rewards
Companies may use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods and services. The award can be in forms including cash, vouchers or other gifts.
Where an employer meets the tax
Tax on savings interest
Learn how to maximize your savings and understand the tax implications of interest received in 2023-24, including starting rate limits, Personal Savings Allowance, and claiming back overpaid tax.
What is a P11D?
A P11D form is a form used by employers to list certain ‘benefits in kind’ provided to directors or employees and is used to provide information to HMRC.
Tax-free savings interest
The Personal Savings Allowance (PSA) was launched in April 2016.
PAYE Settlement Agreements
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax and National Insurance due on small or irregular taxable expenses or benefits for employees.
Completing P11D forms to report benefits in kind
The deadline for submitting the 2021-22 forms P11D, P11D(b) and P9D is 6 July 2022. The forms can be submitted using commercial software or via HMRC’s PAYE online service.
PAYE settlement agreements
A PAYE Settlement Agreement (PSA) allows employers to make one annual payment to cover all the tax and National Insurance due on small or irregular taxable expenses or benefits for their employees.
Tax treatment of incentive scheme awards
Some companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods and services. The award can include cash-based, vouchers or other gifts.
Where an employer meets the tax payable on
Tax treatment of incentive award schemes
Companies use incentive award schemes to encourage their employees in various ways. For example, to sell more of their own goods and services. The award can be in various forms including cash, vouchers or other gifts.
Where an employer meets the tax
Reminder for reporting expenses and benefits for 2020-21
The deadline for submitting the 2020-21 forms P11D, P11D(b) and P9D is 6 July 2021. Employees must also be provided with a copy of the information relating to them on these forms by the same date.