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

cipHR

NOVEMBER 15, 2021

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. CIPHR asked payroll expert Jon Lee for some pointers.

Pension 98

Pension Gross Pay Payroll Deductible 98

HR Digest

APRIL 5, 2025

All reports so far point towards a late 2025 or early 2026 timeline. An hourly employee earning $20 per hour would finally see their overtime pay jump from $30 per hour to a higher net take-home pay. Early 2026 is a safer bet given the legislative hurdles amid the tax exemption on overtime pass date.

Overtime 52

Overtime Taxes Take Home Pay Government 52