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.

Payroll System 59

Payroll System Taxes Payroll Take Home Pay 59

cipHR

NOVEMBER 15, 2021

It’s worth remembering that it’s an employee’s responsibility to check they’re on the right tax code, as it impacts how much tax they pay – whether it’s too much tax or too little. For the 2021/22 tax year (and through to 2025/26), the tax code for most people under 65 who only have one job or pension is 1257L.

Pension 98

Pension Gross Pay Payroll Deductible 98

HR Digest

APRIL 5, 2025

The buzz around the No Tax on Overtime Bill has been inescapable in 2025. As the calendar moves closer to the end of the year, the question on everyones mind is: When does the No Tax on Overtime Bill pass? and When is the No Tax on Overtime Bill pass date? So, did the No Tax on Overtime Bill pass? trillion package.

Overtime 52

Overtime Taxes Take Home Pay Government 52