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

Every payslip must show an employee’s total or gross pay, their net or take-home pay, any deductions or payments, and list any variable hours that have been worked. It can be printed out and sent to them, or emailed as a pdf, or available online via their organisation’s self-service HR platform.

Pension 98

Pension Gross Pay Payroll Deductions 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 59

Overtime Taxes Take Home Pay Government 59