News
Statutory vs Contractual Rights: What’s the Key Difference?
TL;DR Statutory rights are legal minimum protections set by UK law- for example, minimum wage, paid holidays, and notice periods. Contractual rights are extra
TL;DR Statutory rights are legal minimum protections set by UK law- for example, minimum wage, paid holidays, and notice periods. Contractual rights are extra
TL;DR Contractual notice pay is the salary you’re owed during your notice period, based on your contract or legal minimums. Employers can offer Pay
TL;DR Decide your pay frequency: choose from weekly, fortnightly, four-weekly (lunar), monthly, or annual pay periods. Weekly or fortnightly pay works well for manual workers
TL;DR Payroll cut off dates are the final deadlines to submit employee pay data, like hours worked, bonuses, and deductions, for accurate payroll processing. Missing
TL;DR: PAYE offers simple payroll management, steady income, and automatic tax compliance, with all HMRC deductions handled for you. Limited company (LTD) contractors can maximise
TL;DR CIS is for subcontractors in construction work; contractors take a flat 20% or 30% tax deduction before paying you and send it to HMRC.
TL;DR Redundancy pay is possible on a zero-hours contract, but only if you’re legally classified as an employee, not just a worker. To qualify for
TL;DR Zero-hour contract workers in England, Wales, and beyond can get maternity pay on zero hour contract UK, Statutory Maternity Pay (SMP), if they meet
Key Highlights Workers on zero-hours contracts may qualify for Statutory Sick Pay (SSP) if they meet eligibility rules, including employment status, earnings, and sickness duration.
TL;DR FPS (Full Payment Submission) reports employees’ pay, tax, and NI to HMRC on or before each payday. EPS (Employer Payment Summary) is used to
TL;DR You must register if you pay subcontractors for construction work or spend over £3 million annually on construction projects Registration is legally required before
TL;DR Late FPS submissions incur tiered penalties (£100–£400 per month) based on your PAYE scheme’s employee count. You get one penalty‑free late FPS per
Are you looking for a new website? Contact Outrank Today
