Paying employees early before Christmas

Some employers need to pay their employees earlier than usual in December. This can be for several reasons, such as businesses closing […]

Employers should note that certain gifts to staff at Christmas are tax free if structured correctly. Employers are allowed to provide their […]

There continues to be no taxable benefit for employees provided that all staff are invited, and the cost to the employer does […]

The table below sets out the HMRC advisory fuel rates from 1 December 2024. These are the suggested reimbursement rates for employees’ […]

Date What’s Due 1 December Corporation tax for year to 29/02/2024, unless quarterly instalments apply. 19 December PAYE & NIC deductions, and […]

On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to […]

Please note that ‘tax years’ run to 5 April each year and that, for example, 2025/26 signifies the year to 5 April […]

As expected, and with immediate effect from the budget date of 30 October 2024, the rates of capital gains tax (CGT) have […]

Employers must pay their employees at least the NLW, for workers aged 21 and over, or the NMW otherwise. The minimum hourly […]

For employees The national insurance contributions (NICs) rates and annual thresholds for employees for 2025/26 are as follows: Employees’ Class 1 NICs […]