The reduction in NI rates announced in the Autumn Statement was welcome but unexpected news for employees. But what are the practical and financial consequences of the new rates for employees and
employers?
Published 12.12.2023
On advice from your accountant your businesses are owned by separate companies within a group. As a director of each company what’s the most tax and NI-efficient way to be paid earnings from them?
Published 26.10.2023
Special NI rules apply to a director’s salary etc. Usually your payroll software can handle these, but errors can occur when a director is appointed or resigns. What can you do to ensure neither your
company nor the director overpays NI?
Published 31.10.2018
In just a few weeks the 2022/23 tax year ends. HMRC has published updated guidance to help you manage the transition to the new tax year. As as employer, what do you need to know?
Published 06.03.2023
Making irregular payments to your employees, such as bonuses, might result in some of these earnings escaping NI. Can this loophole be used to increase your workers’ take-home pay?
Published 22.07.2011
You own several businesses, and your spouse is on the payroll of one of them. A colleague has suggested you could save NI for her and the company if you split her salary between the companies. Is he
correct?
Published 18.06.2021
The employment allowance (EA) can save you thousands a year by reducing your NI contributions bill. The trouble is that the EA is subject to tricky conditions. So when are you entitled to the EA and
how do you claim it?
Published 20.02.2024
As a director of a small company you can more or less say how and when you would like your salary paid. The trouble is your total income varies each year which makes it tricky to decide what salary
to take. Is there a way around this?
Published 16.10.2018
The door on tax saving by salary sacrifice has finally closed. However, that doesn’t mean you can’t use salary sacrifice. In fact, it can provide a cost-free way to give your staff a pay rise. Is
this something you can take advantage of?
Published 22.04.2021