Written statement of employment particularsIssuing at least a basic statement of the main terms and conditions of employment is a legal requirement. But the use of a full-blown contract with clauses
tailored to suit your needs offers you far greater opportunities in terms of flexibility and control.Legal...
Published 24.03.2024
Zero-hours contract clauseA zero-hours contract is generally one where you're not obliged to provide the worker with any work at all and the worker is not obliged to accept any hours offered. There
are no guaranteed minimum hours of work. Therefore, in a particular week, the worker may work "zero" hours....
Published 24.03.2024
Casual worker agreementIf you use casual workers where there's no guarantee you'll offer them work and the worker won't generally be expected to accept any work offered, you can use our casual worker
agreement. Whilst our agreement is drafted to confer worker status, and not employee status, an employment...
Published 24.03.2024
Cars - company cars and vans Employees and directors are liable to income tax on a benefit in kind if they have the use of a company car or van made available to them by their employer. For cars, the
taxable amount of benefit is a percentage of their original list price. The percentage is determined...
Published 20.03.2024
Child benefit and tax chargeChild benefit2021/222022/232023/242024/25Rate of child benefit (per week)Eldest/only child£21.15£21.80£24.00£25.60Other children£14.00£14.45£15.90£16.95Guardian’s
allowance£18.00£18.55£20.40£21.75Since 7 January 2013 there is an income tax charge where “household”...
Published 20.03.2024
Income taxBefore 6 April 2016 if not a higher rate taxpayer, the rate of tax on dividends was 10% on the gross amount, i.e. the dividends, plus the tax credit which is equal to one ninth of
the dividend. For example, a dividend of £90 equals a gross dividend of £100. The 10% tax on this was covered...
Published 20.03.2024
National InsuranceContribution classesClass 1 - payable on employment earnings. Class 1 primary contributions are payable by the employee on their earnings at the rates shown in the table
below, and Class 1 secondary are paid by the employer. The contributions are payable and accountable for under...
Published 20.03.2024
PensionsPension contributionsBudget 2023. The following changes were announced:the annual allowance (AA), the maximum tax relievable pension contributions allowed per tax year, increased to £60,000
(from £40,000) from 6 April 2023the amount of adjusted income an individual can have in a tax year before...
Published 20.03.2024
Tax creditsChild tax creditElements of child tax credit2022/232023/242024/25Family element£545£545£545Child element£2,935£3,235£3,455Disabled child element£3,545£3,905£4,170Severely disabled child
element£4,975£1,575£1,680Working tax creditElements of working tax credit2022/232023/242024/25Basic...
Published 20.03.2024
Value added tax (VAT)Value added tax (VAT) is paid by the purchaser on all goods and services that aren’t exempt. It’s also payable on goods and services imported into the UK by the purchaser. The
seller of the goods or services is responsible for calculating and collecting (charging) the VAT from...
Published 20.03.2024