PAYE and NI

NIC and income tax alignment could affect 40% of workers

Proposals to align national insurance contributions and income tax could affect two fifths of workers.

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National living wage slowing pay growth

The cost of the national living wage is impacting wage growth with employers expecting average salary growth of 1.7% in 2016.

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Regulations on holiday pay arrears come into effect

Regulations to prevent backdated claims for holiday pay going back more than 2 years have taken effect from 1 July 2015.

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HMRC relaxes PAYE late filing penalties

HMRC will begin relaxing automatic late filing penalties for people who send PAYE information late, officials have indicated.

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Company sick pay not available to third of workers

More than a third of UK workers are not entitled to company sick pay, according to a survey by LV=.

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Government plans unveiled in Queen's Speech

The government has revealed its legislative goals for the next Parliament in the Queen's Speech. Here's a summary of the key bills affecting businesses.

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SMEs want more simplicity and stability

More than a quarter of SMEs say that simplifying the PAYE system should be the new government's number one immediate priority, according to a survey by Bibby Financial Services.

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National minimum wage to rise to £6.70

The national minimum wage for adults will increase by 20p to £6.70 on 1 October 2015, the government has announced.

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Small firms concerned about cloud computing

Almost 4 in 10 small businesses are concerned about the security of using cloud accounting services, according to research by the Federation of Small Businesses.

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Raise minimum wage, says LPC

The national minimum wage should be increased by 3% in October 2015, according to the Low Pay Commission.

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