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What Does Enhanced Maternity Pay Mean for UK Workers?
Key Highlights Enhanced maternity pay is a voluntary benefit offered by employers that exceeds the government-mandated statutory maternity pay. Unlike statutory pay, enhanced packages can
Skip to content Key Highlights Enhanced maternity pay is a voluntary benefit offered by employers that exceeds the government-mandated statutory maternity pay. Unlike statutory pay, enhanced packages can
Key Highlights The General Data Protection Regulation (GDPR) does not set specific time limits for data retention. Your organisation must justify the retention period for
Key Highlights Payroll responsibilities typically fall under either HR or Finance, depending on company size, structure, and expertise. HR-led payroll ensures strong employee communication, compliance
Key Highlights PENP is the basic pay you would have earned during an unworked notice period, and it’s subject to income tax. Calculating PENP correctly
Key Highlights UK employers offer two main types of benefits: statutory (mandatory) and non-statutory (voluntary). Statutory benefits include minimum wage, paid leave, sick pay, pensions,
Key Highlights Mistakes in the current tax year are fixed by updating year-to-date figures in your next Full Payment Submission (FPS). For previous tax years
Key Highlights An HMRC compliance check is a review of your self-assessment tax return to ensure accuracy. Common triggers for a tax investigation include inconsistent
Key Highlights If you are a contractor in the construction industry, you need to sign up for the Construction Industry Scheme (CIS) before you pay
Key Highlights If you’re a subcontractor under the Construction Industry Scheme (CIS), you may be due a tax refund. CIS deductions are advance payments on
Key Highlights Registering your business ensures legal compliance with HMRC, avoiding fines and safeguarding personal and business assets. Sole traders must register for Self Assessment
TL;DR Benefits in kind are non-cash perks provided to employees, such as company cars or private healthcare. Most of these perks are considered a taxable
TL;DR A salary sacrifice arrangement is a formal agreement with your employer to reduce your gross salary in exchange for increased pension contributions. This arrangement
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