Employee Benefits

AUGUST 7, 2024

Credit: Hyejin Kang/Shutterstock Need to know: Employers should start planning now for the P11D changes to the reporting and paying of tax and Class 1A national insurance contributions (NICs) on benefits in kind, to ensure a smooth transition to the new system in April 2026. appeared first on Employee Benefits.

Payroll System 59

Payroll System Taxes Payroll Take Home Pay 59

WEX Inc.

DECEMBER 18, 2024

Key dates March 15, 2026: FSA grace period ends for the 2025 plan year, allowing additional time for eligible expenses. Key dates October 3, 2025: Distribute QSEHRA notices to employees 90 days before the start of the 2026 plan year. Employers must communicate these deadlines clearly to employees.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

HR Digest

MARCH 5, 2025

Its a call to reassess payroll systems, compliance policies, and recruitment pitches. Rhode Island: Senate Bill 2568 targets a temporary reprieve for 2025 and 2026, offering a test run for no tax on overtime laws by state. For Georgia employers, this isnt an abstract policy. So, when is no tax on overtime starting in Georgia?

Overtime 52

Overtime Taxes Payroll Payroll System 52

cipHR

MARCH 24, 2022

Choosing the right payroll software for the new tax year. After some years of significant changes, personal income tax allowances have been frozen at £12,570 for the next four years until 2026. While your payroll system may support these calculations, please do ensure you check this regularly. . ?While Payroll news.

Taxes 40

Taxes Payroll Deductions Deductible 40

HR Digest

APRIL 1, 2025

Following approval, the no tax on overtime policy in Texas could go into effect in late 2025 or early 2026. HR teams will need to be careful about tracking employee work hours and ensure that their payroll systems carefully reflect the hours and untaxed overtime. Is Overtime Taxed in Texas Right Now?

Overtime 52

Overtime Taxes Government Payroll System 52

HR Digest

MARCH 13, 2025

This means the no tax on overtime start date remains elusive, potentially late 2025 or early 2026 , if all aligns. How to adapt payroll systems if it becomes reality ? If successful, implementation could begin late 2025 or early 2026, though delays are possible given legislative complexities.

Overtime 105

Overtime Taxes Payroll System Payroll 105